Affin Bank Interest Rate
The interest on all affin bank s home loans are calculated on a daily rest basis.
Affin bank interest rate. 03 july 2020 revision of loan financing payment due date. Interest rates from fd promotions are usually higher than the board rate. We offer a wide range of coverage to protect your property including mortgage reducing term assurance mrta mortgage reducing term takaful mrtt personal accident pa home contents insurance fire insurance householder insurance credit level term assurance clta mortgage level term takaful mltt. In the event that your bank fails pidm protects you against the loss of your deposits but only for up to rm250 000 per depositor per bank.
The rate of 4 05 is 0 65 higher than the average 3 4. Interest rate p a 1 85. To be eligible you have to choose an mrta policy from axa insurance. Affin bank s fixed deposit offers some of the highest per annum interest rates on the market for deposits of 12 months.
Revision of base rate br base lending rate blr and base financing rate bfr negotiable instruments of deposits nid rates. Effective lending rate the indicative effective lending rate for affin bank is 3 30 with effective from 14 july 2020. 03 july 2020 amazing mazda deals as low as 2 33 p a. If you place a deposit on any tenure up to 12 months your money will earn interest when the fixed deposit matures.
Specially designed for senior citizens of 50 years and above celebrate your golden years with higher deposit interest rates and 10 off on general insurance products all for a lower initial deposit of rm1 000. How the payment of interest works. Affin bank berhad 1 year fixed term deposit rate indicated is the fixed deposit interest rate for counters. Affin islamic term deposit i td i minimum deposit.
Also it is the highest rate for this term period 4 05 updated may 2018.