Floating Rate Term Deposit-i

Protected by PIDM up to RM250,000 for each depositor
Floating Rate Term Deposit-<i>i</i>

A Term Deposit with Competitive Returns

Floating Rate Term Deposit-i (FRTD-i) is a Shariah-compliant term deposit that enables you the opportunity to enjoy potential increases in the profit rates landscape between lock-in periods. And you won’t need to rearrange for the next tenure; the Effective Profit Rate (EPR) shall be reset at the end of each Repricing Period and the updated EPR will be applicable to the following Repricing Period and Profit Period. alrajhi bank Malaysia determines the rates in-house, correlating them with Malaysia’s dynamic profit rate landscape.

  • Potential to get better returns
  • Choice of selection of tenures that ranges between 12 and 60 months
  • Flexibility on when profit is paid **
  • FRTD-i complies with alrajhi bank Malaysia’s globally trusted Shariah standards

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