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Time Deposits

Scale new heights with higher interest rate

Maybank Singapore Dollar Time Deposit #ForYou

Promotion


Time Deposit Promotions

Enjoy attractive interest rate of up to 3.15% p.a. with our SGD Time Deposit.

Find Out More

Terms and Conditions apply.

Features


Time Deposits are now on Maybank2u SG (Lite) appNEW


Place and manage your placements conveniently

  • Place and manage your time deposits conveniently on the go with Maybank2u SG (Lite) app
  • Placements available in SGD or foreign currencies
  • Access this service on the go so you will not miss out on attractive returns

Place a choice date time deposit with the date picker function

  • Schedule the maturity date of your time deposit funds in advance with the date picker functionNEW

Eligibility


  • Minimum age: 16 years old
  • Initial deposit:
    • S$1,000 for tenures from 2 to 36 months
    • S$10,000 for 1-month tenure and Choice Date with flexible tenure
    • S$1,000,000 for a 1-week tenure, applicable only to corporate accounts

 

Documents Requirement for Singapore Citizens or Permanent Residents

  • Original physical NRIC

 

Documents Requirement for Foreigners (original physical documents required):

  • Passport
  • Employment Pass
  • Proof of Residential Address (i.e. Utility/Telco bills or Bank statement from another bank in Singapore, where the name must be the same as your Passport and Employment Pass)

Fees and Charges


DescriptionFees and Charges

Others

Click here to view other applicable Bank charges for our services

Useful information


  • 15-month Singapore Dollar Time Deposit / Term Deposit-i / iSAVvy Time Deposit will be renewed to the same tenure (15-month) at 12-month board rate.
  • Premature withdrawal of less than 3 months - No interest will be paid
  • Premature withdrawal of more than 3 months - The interest is pro-rated based on the number of days the Time Deposit is placed, calculated on the lowest tier of the prevailing Savings Account rate at time of withdrawal or the contracted rate, whichever is lower.