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Basic Savings Account / Normal Savings Account


 

Product Name

Basic Savings Account / Normal Savings Account

Introduction

The Ringgit Malaysia Basic Savings Account / Normal Savings Account is an interest bearing passbook account.  Customers can withdraw the usable balance in the account at any time.

Product Features

  • Passbook will be issued.   
  • Account can be opened singly or jointly.      
  • Initial Deposit of MYR20.
  • Minimum balance of MYR20 at any one time.
  • Interest bearing deposit account.

Fees & Charges

Please refer to our Bank’s latest fees and charges listing.

Interest Rate

Please refer to our latest published Savings Account interest rate.

Interest Calculation

Interest will be payable every half yearly.

Eligible Applicants

Type of Account Eligibility
Basic Savings Account All Malaysian citizens and permanent residents aged 18 years and above.  
Normal Savings Account   All Malaysian citizens,  permanent residents and foreigners aged 18 years and above.  

Required Documents

Type of Account Account Opening Documents
Basic Savings Account All Malaysian citizens and permanent residents with valid identification credentials i.e. NRIC and supporting documents such as driving license, etc.  
Normal Savings Account   All Malaysian citizens and permanent residents with valid identification credentials i.e. NRIC and supporting documents such as driving license, etc. Foreigners must hold valid work permit or student pass and passport.  

Application Procedures

Kindly visit any of our branches for account opening.

Eligible for protection by PIDM

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