Fixed Deposit Promotion

Revision of Promotional Rate for “Fixed Deposit Promotion”

Please be informed that the MYR Fixed Deposit promotional rates for “Fixed Deposit Promotion” will be revised with effect from 24 September 2022.

 

Promotion:

Fixed Deposit Promotion

 

Promotion Period:

1 September 2022 – 31 October 2022

 

Eligibility:

  • Open to all new and existing BOCM individual customers, Wealth Management banking customers and Retail Loan customers aged 18 years and above.

  • Must have MYR Savings Account / Current Account and/or RMB Current Account

  • Must enrol for BOCM’s e-Statement facility.

 

Promotion Details:

MYR Fixed Deposit

For Promotion Period from 1 September 2022 to 23 September 2022

Customer Type

Tenure

Promotional Rate Minimum Placement Amount

Fund Type

Normal Customer

12 Months

2.90% p.a.

RM50,000

Fresh Funds

Wealth Management Banking customer & Retail Loan Customer 

12 Months

3.00% p.a.

RM50,000

Fresh Funds

Normal Customer & Wealth Management Banking customer & Retail Loan Customer 

18 Months

3.05% p.a.*

RM50,000

Fresh Funds

Normal Customer & Wealth Management Banking customer & Retail Loan Customer 

24 Months

3.20% p.a.

RM50,000

Fresh Funds

 * The effective annual interest rate is 2.89%p.a. assuming 18 Months MYR FD is renewed for the same tenure at the board rate of 2.40% as at 1 September 2022, subject to the revision.

For Promotion Period from 24 September 2022 to 31 October 2022

Customer Type

Tenure

Promotional Rate Minimum Placement Amount

Fund Type

Normal Customer

12 Months

3.10% p.a.

RM50,000

Fresh Funds

Wealth Management Banking customer & Retail Loan Customer 

12 Months

3.20% p.a.

RM50,000

Fresh Funds

Normal Customer & Wealth Management Banking customer & Retail Loan Customer 

18 Months

3.30% p.a.*

RM50,000

Fresh Funds

Normal Customer & Wealth Management Banking customer & Retail Loan Customer 

24 Months

3.40% p.a.

RM50,000

Fresh Funds

* The effective annual interest rate is 3.14%p.a. assuming 18 Months MYR FD is renewed for the same tenure at the board rate of 2.65% as at 21 September 2022, subject to the revision.

RMB Fixed Deposit

Customer Type

Tenure

Promotional Rate Minimum Placement Amount

Fund Type

Normal Customer & Wealth Management Banking customer & Retail Loan Customer 

12 Months

2.20%p.a.

RMB20,000

Fresh Funds

 

 

Protected by PIDM up to RM250,000 for each depositor

 

Member of PIDM

 

The Promotion is available at all BOCM branches in Malaysia. For detailed “Fixed Deposit Promotion” Terms and Conditions, please click here.

 

Gentle Reminder

There is an inherent foreign exchange rate risk due to the fluctuation of the RMB exchange rate against Ringgit Malaysia.