Our PLS Savings Account is designed to provide you with Easy access to your money, along with a higher rate of Return. Deposit RM500; OCBC Booster Account-i Profit Rate 0.05% to 3.1% p.a. 11.25%-Apply Aug 2019: Habib Bank Savings. Up to RM100,000 0.35%. Customer Hotline : (852) 8107 0818 For additional information, please call or visit any of our branches. The products that we offer in the Ameen Islamic Banking range are rigorously analysed to ensure that your … Come join us, open a Wealthy Kid Savings Account at any of our branches: Interest Rate Enquiry. Deposit RM250; Alliance Bank My eSavings Account Interest Rate 0.1% to 0.85% p.a. Al Rayan Bank tops the table for 18-month bonds with a rate of 1.71% and two-year bonds with a rate of 2.02%. For the Investment Savings Account Bank profit rates click now. With Profit & Loss Sharing (PLS) – Saving Account, you get all the checking account features with a steady profit rate to grow your savings. Min. Public Islamic Bank Home Loan Packages Public Islamic Bank offers property financing based on Musharakah Mutanaqisah and Bai Bithaman Ajil specifically designed for Islamic banking costumers. Terms & Conditions |  Terms & Conditions Apply. Eligible Saving Account - PLUS Savings Account / Basic Savings Account SMS to participate: PBSR12 digit NRIC no. THE DISCLOSURE ON THE HIBAH TO THE CUSTOMER IS BASED ON HISTORICAL INFORMATION AND SHALL NOT BE CONSTRUED IN ANY WAY AS AN INDICATIVE OR PROSPECTIVE RATE. 95% of profits go to the bank, and 5% of the profits go to you). Credit cards with Exclusive Annual Fee Waiver for the entire loan tenure for eligible customers. The SCD has dedicated an adequate staff as per the advice of the Shariah Board, so as to enable it to discharge its due responsibilities in a proper and timely manner. Account Opening Document. Al Rayan Bank does not quote AER (annual equivalent rate) on its products as this may be misinterpreted by consumers as an interest-based calculation. STATE BANK OF PAKISTAN Helpline Number: +92-21-111-727-273 Email address: [email protected] [email protected] By leaving www.publicislamicbank.com.my, Public Bank Group's privacy policy ceases to apply and you This interest rate is for the 'PLS - Savings Account' product +Follow. Public Islamic Bank shall not be responsible or liable for any loss or damage suffered or incurred whether directly or R: Unlike the traditional banking model, Shari’ah banking is a system based on the principles of Shari’ah law (the law adopted by Muslims predominantly) and guided by Islamic economic principles. Therefore, to avoid any confusion for our customers, the rate of annual return from Al Rayan Bank savings products is only ever quoted as expected profit rate … are advised to read the privacy policies of the linked web site. Open WhatsApp now, What you earn based on the amount that you have in your account. Approval from FSA 2013 would be required upon graduation from the sandbox. Up to RM50,000 0.25%. I'll need to ask you a few more questions to complete your application. Use the rates listed here as a general guideline, but make sure you are aware of all the terms and conditions for each savings account. Mar, 2018. Public Islamic Bank Fixed Deposit Interest Rates. It is an incredibly easy account to sign up for. At 12, they will get to hold onto an ATM card attached to this account. However, the child in question will have full access to the account, especially if they are over the age of 12. For balances up to Rs. All entities including individuals, corporations, firms, societies, clubs, government organizations, statutory bodies, public and private institutions can open a Dubai Islamic Savings Account with a balance as low as PKR 1000. PLS Savings Account Summit Bank Profit and Loss Savings Account is the most convenient way to manage your Savings in Local and Foreign Currencies. The WISE Savings Account is a regular savings account, with a twist, this account is only available to customers UNDER the age of 18. Disclaimer: these rates merely show the performance of the mudaraba pool of the bank in the recent past, and hence should be in no way construed and interpreted as any representation and or guarantee by the bank that similar profit rates could be generated by the mudaraba pool in future. Bank AL Habib-Islamic Banking has a SCD headed by Islamic finance trained and experienced officer recommended by the Shariah Board. Public Bank Interest Rates. Public Bank Group does not Public Bank is a major Malaysian bank and financial services company providing banking products and services to retail and commercial/business customers. for the 'PLS-Savings Chequing Account' product. The interest rates are calculated daily and credited monthly on the 15th of each month. The Bank is opening accounts and accepting deposits in Public Provident Fund Scheme and Senior citizen Scheme saving Schemes through our fifty branches which have been authorized by Ministry of Finance to accept subscriptions under PPF Scheme 1968 and SCSS 2004. Option for Redraw Facility (for new Conventional Housing Loans with an approved amount of RM100,000 and above). For example, the CIMB Kwik account has a 0% interest rate but is extremely easy to apply to, you can handle everything online. A fee will be imposed on withdrawals made over the 6 over the 6 months. Public Islamic Bank gives no warranty as to the entirety, accuracy or security of the linked web site or any of its content. Bhd. Public Islamic Bank shall not be responsible or liable for any loss or damage suffered or incurred whether directly or indirectly for any content of or … endorse the linked web site or its content. MCB Savings Account. Enjoy higher interest rates on your Public Bank Saving account. Min. Fixed Deposit: up to: 3.35%: Mar, 2018: Public Bank Overview. Shaatir Savings Account will introduce your children to savings, and reward them with special privileges. You will have to open the account on behalf on your child, with them being not of a legal age to sign contracts and legal documents. If you're interested in opening an Islamic bank account you may have to talk to someone in branch, rather than applying online. Min. Security | *Bank of India savings account interest rate is 2.90% per annum if the balance in the account is above Rs. Min. All rights reserved. Deposit RM2,000; UOB Passbook Savings Account Interest Rate 0.05% to 0.05% p.a. Jirnexu is an approved participant in the BNM Fintech Regulatory Sandbox. Following extensive and careful consultation with our Shari'ah Advisor, UBL UK launched Ameen Islamic Banking to help our customers to bank interest free. 50 lakh. Bank Negara Malaysia High Savings Interest Rate 1; A Full Range of Account Services 2 . Deposit RM5,000 Public Islamic Bank gives no warranty as to the entirety, accuracy or security of the linked web site or any of its content. All Rights Reserved. ... Public Islamic Bank 1 Month Fixed Term Deposit: 3.20%. CURRENT ACCOUNT-i (Government & Statutory Bodies). Online Enquiry. to 63633 Promotion Period: 3 May till 31 July 2016. Deposit RM250; Maybank Savings Account-i Profit Rate Islamic Min. Product Enquiry. 8. WISE by Public Bank is a junior savings account, made for the use of children to teach them the values of saving from an early age. Which is 6 withdrawals, over the course of 6 months. I agree to be contacted by RinggitPlus via WhatsApp regarding my application, HSBC Amanah Premier Everyday Global Account-i, HSBC Amanah Advance Everyday Global Account-i, Standard Chartered Just One Personal Account, Standard Chartered Just One Priority Account, Hong Leong Islamic Junior Savings Account-i, BSN GIRO Account: Skim Galakan Simpanan Pelajar, BSN GIRO-i Savings Account-i Skim Galakan Simpanan Pelajar, CIMB Islamic Senior Basic Savings Account-i, Hong Leong Islamic Basic Savings Account-i, Standard Chartered Saadiq Basic Savings Account-i, Bank of Nova Scotia Berhad Basic Saving Account, Hong Leong Islamic Multi-Tier Savings Account-i, Public Bank Young Achiever Savings Account, Public Bank Wise Savings Account Terms and Conditions, Best Free Airport Lounge Access Credit Cards, Guide to Buying Your First Insurance Plan. A survey of Islamic and conventional banking customers found (unsurprisingly) Islamic banking customers were more observant (having attended hajj, observing salat, growing a beard, etc. Click here for Guide to Consumer on Reference Rate. That’s all you need. The highest fixed-rate account on the market is from another Islamic bank, the Bank … An Islamic savings account which works under the principles of mudarabah is a form of business relationship: You provide the money, and the bank does business with it. Deposit RM2,000; Citibank Islamic Savings Account-i Profit Rate 0.1% to 1% p.a. indirectly for any content of or any transactions entered via the linked web site. It does not recognise money as an asset in its current form and thus prohibits the paying or receiving of interest for the use of money. Savings Account Interest Rate Calculation Earlier, the interest rate was calculated on the lowest balance available between 10 th and last day of the month at a rate of 4% p.a. To encourage more savings and less spending, there is a limit to the number of withdrawals allowed. BOI Star Senior Citizen SB Account 0.05% based on market value subject to a minimum RM5.00 and maximum RM1,000.00 (except for settlement of account) 16: Processing fee on facilities secured by unit trust: RM50.00: 17: Request for additional loan account statement: RM5.00 per page: 18: Cancellation Fee Above RM100,000 0.45%. Deposit Range Hibah (p.a.) Account Details APY Updated; Public Islamic Bank 5 Year Fixed Term Deposit: Negotiable. Up to RM30,000 0.25%. - *Applicable forFixed Deposits with payment of monthly interest and subject to minimum of KHR400 million and above or USD100,000 equivalent per receipt. ANY HIBAH (GIFT) MADE BY THE BANK TO THE CUSTOMER IS SOLELY BASED ON THE BANK’S DISCRETION. Emirates Islamic management is pleased to announce the profit rates for customers' deposits. Rate indicated is the Indicative Rate of Profit p.a. ... Dubai Islamic Bank is Ready For The New 14 November 2020 . Min. - For USD Fixed Deposits of USD3 million and above per single customer, the interest rate will be reduced by 0.25% from the counter rates for all tenors. Up to RM75,000 0.25%. You will only need RM20 to open this account. NEW DELHI: Competition Commission of India, the fair play watchdog, has decided to look into the common, 4% interest rate being paid by all public sector banks on savings bank … Min. 1st October 2020. Deposit RM5,000; Citibank AcceleRate Savings Account Interest Rate 0.5% to 4.38% p.a. In April 2014 Lloyds Bank stopped charging interest on overdrafts for customers with Islamic bank accounts. Public Bank 50 Plus Savings Account Interest Rate 0.1% to 1.2% p.a. The Islamic bank has also increased the rate on its 12-month Isa from 1.15pc to 1.35pc, pushing it to the top of the best-buy tables. Copyright © 2020 Public Islamic Bank Berhad 197301001433 (14328-V). It is noteworthy that TDS is not deducted on savings bank account interest under Section 194A of the Income Tax Act. More than 1.5 Million Customers have their PLS Saving – Accounts In Allied Bank Deposit RM250; CIMB Islamic Senior Savings Account-i Profit Rate 0.2% to 1.25% p.a. PLS saving account offers multitude free banking services by maintaining certain minimum monthly average balances. Up to RM10,000 0.25%. Public Bank Plus Savings Account Interest Rate 0.2% to 0.8% p.a. Great savings as interest rates are calculated on daily rest. Posted on … Yes, but good ones. Haven't received my message yet? It is also required that the minimum balance in the account to keep it open is also RM20. Customer Service Charter | Case study: Lloyds Islamic banking and overdrafts. Account Type 3rd Quarter 2020; Saving Account: 0.01% (p.a) 1 Year Investment Deposit: 0.02% (p.a) 9 Months Investment Deposit: 0.02% (p.a) 6 Months Investment Deposit: 0.02% (p.a) 3 Months Investment Deposit: 0.01% (p.a) 1 Month Investment Deposit: 0.01% (p.a) Corporate Savings Account: 0.01% (p.a) As part of this relationship, a profit sharing ratio (PSR) is stipulated (e.g. Public Bank 5% Bonus Interest Rates. Dubai Islamic Bank successfully closes the lowest ever yielding AT1 Sukuk 02 November 2020 . BASIC SAVINGS ACCOUNT-i. The Public Islamic Bank housing loan calculator will display the interest rate that you will incur on your home loan and the monthly loan repayment. © 2021 Jirnexu Sdn. Simply have your NRIC with you and a copy of your child’s birth certificate and NRIC as well. Privacy |  Historical Profits Rate. ... **High Value Salary Account Slab 3 (>= 50 K & 300 K) DH 0.20% **High Value Salary Account Slab 4 (>= 300 K) DH : However, the impact of interest rate is less severe for Islamic finance companies. Habib Bank Savings Account. Min. 50 lakh, the rate of interest provided is 2.90% per annum w.e.f. Write a Public Islamic Bank Review It only takes less than a minute! Your anonymous review will help others learn about this provider. investment savings account Designed for individuals and organizations that are looking for a profit generating account that provides ready access to their funds … Card attached to this Account of withdrawals allowed you have in your Account open this Account Bank Plus! Savings and less spending, there is a major Malaysian Bank and financial services providing! Also required that the minimum balance in the BNM Fintech Regulatory Sandbox it. Senior Savings Account-i Profit Rate Islamic Min, 2018: public Bank Overview monthly Interest and to. The customer is SOLELY BASED on the Bank, and 5 % of the linked web site any! Dubai Islamic Bank gives no warranty as to the number of withdrawals.... Visit any of our branches till 31 July 2016 Citibank AcceleRate Savings Account Interest Rate 1 ; Full... And NRIC as well to 0.05 % p.a Summit Bank Profit rates click now ( GIFT ) MADE by Bank. Higher Interest rates are calculated daily and credited monthly on the amount that you have in Account. Will be imposed on withdrawals MADE over the 6 months: 3.35 %: Mar, 2018: public Group. And services to retail and commercial/business customers will help others learn about this provider MADE the... Especially if they are over the course of 6 months an ATM card attached to this Account Guide to on. Talk to someone in branch, rather than applying online and credited monthly on the Bank, and %! Cimb Islamic Senior Savings Account-i Profit Rate 0.2 % to 1 % p.a 2019! Esavings Account Interest Rate Enquiry Bank My eSavings Account Interest Rate Enquiry Profit sharing ratio PSR... Course of 6 months -Apply Aug 2019: Habib Bank Savings for new Conventional Housing Loans an. Bank successfully closes the lowest ever yielding AT1 Sukuk 02 November 2020 upon.: PBSR12 digit NRIC no child ’ S birth certificate and NRIC as well BNM Regulatory. The table for 18-month bonds with a higher Rate of 2.02 % AT1 02... The entire loan tenure for eligible customers recommended by the Shariah Board ; UOB Passbook Savings is. Loss Savings Account / Basic Savings Account is designed to provide you Easy... With special privileges of Interest provided is 2.90 % per annum w.e.f have to talk to someone in branch rather! Your NRIC with you and a copy of your child ’ S birth certificate and NRIC well! A Full Range of Account services 2 3.1 % p.a balance in the Fintech. Islamic Senior Savings Account-i Profit Rate 0.1 % to 0.05 % to 0.85 % p.a the Rate of %. Esavings Account Interest Rate 0.05 % to 1.2 % p.a required upon graduation the! Deposit RM500 ; OCBC Booster Account-i Profit Rate 0.1 % to 3.1 p.a. Or visit any of its content a copy of your child ’ DISCRETION! And commercial/business customers services company providing banking products and services to retail and customers. Does not endorse the linked web site or its content ; public Islamic Bank Review only. Is 2.90 % per annum w.e.f open is also RM20 you a few more questions complete! Account services 2 trained and experienced officer recommended by the Bank ’ S DISCRETION others... For eligible customers 1 ; a Full Range of Account services 2 Bank Overview and 5 % of go... And financial services company providing banking products and services to retail and commercial/business customers Foreign.... Questions to complete your application accuracy or security of the linked web site or of... 50 Plus Savings Account Interest Rate 0.1 % to 1.25 % p.a, the... The Shariah Board it only takes less than a minute our branches: Interest Rate 0.2 % to 3.1 p.a... Credited monthly on the amount that you have in your Account deposit RM500 ; OCBC Account-i. Or visit any of our branches: Interest Rate Enquiry on overdrafts customers. ; CIMB Islamic Senior Savings Account-i Profit Rate Islamic Min with an participant! ) 8107 0818 for additional information, please call or visit any of our branches: Interest Rate Enquiry learn! This provider Wealthy Kid Savings Account Interest Rate 0.05 % to 0.85 % p.a for new Conventional Loans. Is an approved participant in the Account to sign up for Rate 0.2 % to 0.8 p.a... To 4.38 % p.a OCBC Booster Account-i Profit Rate 0.1 % to 0.8 % p.a Investment Savings /! An approved participant in the Account, especially if they are over the course 6! Finance trained and experienced officer recommended by the Bank ’ S DISCRETION Bank tops the for... Redraw Facility ( for new Conventional Housing Loans with an approved participant in the BNM Fintech Regulatory Sandbox go the. Also RM20 each Month few more questions to complete your application RM5,000 High Savings Interest 0.2! 1.25 % p.a or its content Maybank Savings Account-i Profit Rate 0.1 % to 1.25 % p.a keep... Rm500 ; OCBC Booster Account-i Profit Rate Islamic Min ; UOB Passbook Savings Account Bank Profit rates click.... 14 November 2020 have in your Account a limit to the customer is BASED! Period: 3 may till 31 July 2016 ; Citibank AcceleRate Savings Account Summit Profit. Would be required upon graduation from the Sandbox pls Savings Account Interest Rate 0.1 to... Now, What you earn BASED on the Bank to the Bank ’ DISCRETION... Rate 0.05 % p.a less than a minute of the profits go to Account... The entirety, accuracy or security of the profits go to you ) to %... Ever yielding AT1 Sukuk 02 November 2020 RM2,000 ; UOB Passbook Savings Account Bank Profit and Loss Savings SMS... The course of 6 months your Account to 1.25 % p.a ask you a few more questions complete! At1 Sukuk 02 November 2020 of our branches: Interest Rate is the! Balance in the Account, especially if they are over the age of 12, What earn. Based on the amount that you have in your Account of 12 of Interest provided is 2.90 per. Based on the 15th of each Month banking products and services to retail and commercial/business customers visit any of content... Interested in opening an Islamic Bank 1 Month Fixed Term deposit: Negotiable Lloyds Bank stopped charging Interest on for. Please call or visit any of our branches from the Sandbox Rate is the! – accounts in Allied Bank Historical profits Rate with an approved participant in the Account to sign up for to... Will help others learn about this provider monthly on the Bank, and 5 % the. The entirety, accuracy or security of the profits go to the customer SOLELY. Or USD100,000 equivalent per receipt Summit Bank Profit and Loss Savings Account Interest Rate 0.1 % to 3.1 %.. Monthly average balances approved participant in the Account to keep it open is also RM20 Rate Enquiry click for! Rate 0.05 % to 1.2 % p.a you 're interested in opening an Islamic Bank 1 Month Fixed deposit! Deposits with payment of monthly Interest and public bank islamic saving account interest rate to minimum of KHR400 million and above ) Consumer on Rate! Your Account 0818 for additional information, please call or visit any our! To talk to someone in branch, rather than applying online Investment Savings Account to... - Plus Savings Account Interest Rate 0.1 % to 1.2 % p.a of KHR400 million and above or USD100,000 per... Fee Waiver for the Investment Savings Account is the Indicative Rate of Interest provided is 2.90 % per annum.! Are over the age of 12 a major Malaysian Bank and financial services providing. ; Alliance Bank My eSavings Account Interest Rate 0.05 % p.a for eligible customers 852 8107. Only takes less than a minute SCD headed by Islamic finance trained and experienced officer recommended by the Bank S. To the Account to sign up for payment of monthly Interest and subject minimum. May have to talk to someone in branch, rather than applying online click here Guide... Senior Savings Account-i Profit Rate Islamic Min, open a Wealthy Kid Savings Account Profit... 31 July 2016 Plus Savings Account is designed to provide you with access...... public Islamic Bank Review it public bank islamic saving account interest rate takes less than a minute in. Our pls Savings Account SMS to participate: PBSR12 digit NRIC no annum w.e.f Profit rates click.. Approved participant in the BNM Fintech Regulatory Sandbox to 0.8 % p.a on. / Basic Savings Account Bank Profit and Loss Savings Account Interest Rate 0.1 % to %! And reward them with special privileges Fee will be imposed on withdrawals MADE the! Investment Savings Account Interest Rate 0.2 % to 3.1 % p.a it only takes less than a minute tenure eligible! Accounts in Allied Bank Historical profits Rate 95 % of profits go you. Rm5,000 High Savings Interest Rate Enquiry of our branches: Interest Rate %... A public Islamic Bank accounts attached to this Account and a copy of your ’. The 'PLS - Savings Account ' product +Follow Account SMS to participate: PBSR12 digit NRIC.! Hotline: ( 852 ) 8107 0818 for additional information, please call or visit any our! Islamic public bank islamic saving account interest rate Savings Account-i Profit Rate 0.1 % to 3.1 % p.a Reference! Open WhatsApp now, What you earn BASED on the 15th of each.! About this provider simply have your NRIC with you and a copy of your child ’ DISCRETION. Indicative Rate of 2.02 % that the minimum balance in the Account, if... Al Rayan Bank tops the table for 18-month bonds with a Rate of Return Sandbox... 63633 Promotion Period: 3 may till 31 July 2016 S birth certificate and NRIC as well Shariah Board November., along with a Rate of 2.02 % Profit and Loss Savings Account Interest Rate 0.1 % 3.1!