Updated: May 11, 2020 Home » Financial Plan » Banking
My colleague told me that she had put her money in Bank Rakyat Fixed Deposit. After she done some research, she found that the bank’s Fixed Deposit pay the highest rate.
I feel pity because I just place my money to CIMB e Fixed Deposit online few days ago, and the rate is low if compared to this Fixed Deposit rate. But, what can I do now?
Bank Rakyat Fixed Deposit also known as Qiradh Investment Account-i or Akaun Pelaburan Am-i Qiradh.
Here I prepared a table to share the highest FD rate by Bank Rakyat.
|Period of Investment (month)||Qiradh Investment Account Rates (%)||Bank Rakyat Term Deposit Account (%)|
Although the rates are very interest, but I heard that Qiradh Investment Account-i is not explicit guarantee from PIDM. I can’t found any related information from their website. I wonder that it’s safe if we place our money in this type of Investment Account?
What do you think?
Update: July 2015
Bank Rakyat is temporary stop the Qiradh General Investment Account and was replace by the Term Deposit Account-i.
LiangLiang writes about Saving, Blogging, and Investment, enjoys cooking and discovering everything new. Oh yes, she is a pretty and smart girl too.
25 comments on “Highest FD Rates in Malaysia: Bank Rakyat”
interested to know the latest (best ) fd rates for short term….ranging from 3 to 6 mths? can anyone help ?
Your English is so Chinese…..eeeehhh…
hi i would like to place FD, can anyone recommend me,, tqvm
Somebody tell me to put my money to bank rakyat on fd to get high interest rate.i know bank rakyat do nit have pidm so how my money can protect if anyrhing happen
Bank rakyat是国家银行担保吗?大多数银行都有 PIDM为什么只有它没有呢?
Hye Mister Leaf,
If you are interested for FD either individual or company, i can offer you good rate. Currently im working with Malaysia Building Society Berhad and 70% of it shares owned by EPF.
Rusydan, I am sure interested in good rate FD. Please let me know more about your product. Send me detail to [email protected].
how the FD interest rate for MBSB? where i can put the deposit?
I m also imterested. E mail. [email protected]
Anyone have good interest rate FD ?
I think also to put my money to Bank Rakyat for fix deposit, but how?
Hi, mind to share with me as well? Thanks!
Pls share with me as I’m interested
I am interested in FD rates. Pls email me details. My email:[email protected].
根据网站资料，Bank Rakyat 应该是没有 PIDM 保障的。
Is Saham Bank Rakyat. It is only open for bumiputra. 15% revenue p.a. But now they only allow each person to buy 500 shares. 1 Share = RM1.
Maybe you can read this article on this website. News of 2011 regarding their saham.
Too bad, it is only for bumiputra and now they only allow RM500 per person.
I really want to know why other bank can give such high interest to their customer, but Public Bank or Hong Leong Bank cannot?
Same like Amanah Saham, why Public Mutual cannot give high interest to the investor? Does the Public Mutual Manager worst than Amanah Saham Manager?
If not mistaken, is the saham for the bank itself. Not sure is it still open for public. My col is lucky, he hit 50k in. Monthly get RM600+
If can, please ask him the name of the fund. Thanks a lot.
Maybe you can deposit your FD with 3 months tenure if you want to reduce the risk. But i know, Bank Rakyat quite stable as my col had bought their fund quite sometimes ago and the revenue is 16% per year. The only down side is, if not mistaken, the fund is only open for bumi. Correct me if i am wrong.
16% of return, omg. Very high return. What’s the name of the fund?