Commodity Murabahah Savings Account-i

Commodity Murabahah Savings Account-<i>i</i>

Need good returns on your Savings account? Our Commodity Murabahah Savings Account-i offers you the benefit of good return for your money and freedom of a Visa Debit-ATM Card-i.

Features & Benefits
  • Low initial deposit of RM20
  • Minimum balance of RM10
  • Attractive returns under simple tier rates which calculated daily and paid monthly.
  • Protected by PIDM up to RM250,000 for each depositor. 
  • A VISA enabled ATM Card accepted for retail purchase @ 35 million retail outlets worldwide.
  • Range of services available via Internet Banking
  • Convenience ATM access and all ATMs displaying VISA PLUS and/ or MEPS signs

Commodity Murabahah (via Tawarruq arrangement)

Children

Balance Band Rates (%) p.a.
Up to RM 50,000

2.95

Above RM 50,000 1.00

 

Individual (Mass)

Balance Band Rates (%) p.a.
Up to RM 50,000

0.60

Above RM 50,000 1.15

 

Fees & Charges

FEES TYPE DETAILS
Service Fee

NIL

Minimum Balance to Maintain RM 10.00
Service Fee NIL
Dormant Account (an advice is sent to customer advising customer to re-activate account)
 
a) With balances up to RM 10
Account will be closed and the balance absorbed by the Bank as fee income
b) With balances greater than RM 10
An annual service of RM 10.00 will be charged until the remaining account balances are transferred to Unclaimed Monies; at any stage if the balance is equal to RM 10 or less, the account will be closed and the outstanding amount will be absorbed by the Bank as fee income
c) Activation of dormant account Waived
Request for Additional Statement RM 2.00 per statement
Agent Fee Fee @ 0.01% p.a. 
(payable to Al Rajhi Nominee Tempatan)

 

 


Product Enquiry

Kindly provide us with your details and our Bank representative shall get in touch with you soon.

https://www.alrajhibank.com.my/page/personal/deposit-accounts/commodity-murabahah-savings-account-i

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