Issuance of Retail Negotiable Instruments of Deposit (R-NID)

Retail Negotiable Instrument of Deposit is an interest-bearing certificate with a minimum tenure of 1 month at a specified rate of returns with the principal and interest payable upon maturity.

The minimum deposit is RM10,000 and the certificate can be sold back to the bank, at the prevailing Bank buy back rates on certificate remaining tenure.


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The Bank will not market-make R-NID beginning January 1, 2019. R-NID will be just another term deposit product and subject to Bank Negara Malaysia’s (“BNM”) guidelines on Qualifying Retail Term Deposits as prescribed in the policy document of Liquidity Coverage Ratio.

The Bank will continue publication of R-NID’s offer (issue rate) and bid (buyback rates) in the website after 31 December 2018. However, the bid (buyback rates) shall only be applicable for R-NIDs issued up to 31 December 2018.  



Revision on Term Deposit interest/profit on premature/partial withdrawal

Dear Valued Customers,

Effective 1 January 2019, no interest/profit shall be paid for premature/partial withdrawal made on Term Deposit regardless the number of completed months/days. Premature/partial withdrawal made before 1 January 2019 will not be affected by this revision.

For Further Enquiries, Kindly Contact Your Relationship Manager or Treasury Dealers at 603-2167 6886.


Thank you for your continuous support.


Product Disclosure Sheet: Click Here

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