Fabulous FD from MBSB

MBSB, a subsidiary of EPF is currently having promotion for its Fixed Deposit & Al-Mudharabah General Investment Account (AMGIA) from 1st October to 31st December 2012.

The interest rate offered is currently the highest among all financial institution which is up to 4.75% p.a. Individuals aged 18 years and above can sign up with minimum deposit of RM 1000. Existing Cashrich (Savings) Account Holders with minimum balance of RM 1000 will get to enjoy additional 0.05% interest p.a.

Months	Individual FD (%)	AMGIA Profit Sharing Ratio	AMGIA Profit (%)
6	3.80	58.46	3.80
9	3.90	60.00	3.90
12	4.05	62.31	4.05
15	4.10	63.08	4.10
18	4.15	63.85	4.15
24	4.25	65.38	4.25
36	4.30	66.15	4.30
48	4.35	66.92	4.35
60	4.70	72.31	4.70

The FD tenure periods vs interest rates are shown in above table. To get the additional 0.05% interest p.a., you need to have a Savings account known as Cashrich with minimum RM 1000 balance. This Savings account offers high interest rate of 2.68% p.a. and account holder with RM 1000 balance will be eligible for the monthly and mega draw.

However, please take note that products of MBSB are not protected by PIDM.