In times of economic uncertainty and market volatility, many people still prefer the safety and predictability of fixed deposits. While the returns may not be as high as other investment options, fixed deposits offer guaranteed interest and low risk. If you're considering locking in your money, here's a comprehensive list of current fixed deposit rates from various banks in Malaysia as of October 2, 2025:
1. Hong Leong Bank
- Period: Oct 1 – Oct 31, 2025
- Minimum Deposit: RM1,000
- Rates:
- 3 months – 3.40% p.a.
- 6 months – 3.55% p.a.
- 10 months – 3.50% p.a.
- 12 months – 3.30% p.a.
- Condition: Deposit via HLB Connect Online or App using FPX transfer from another bank.
2. CIMB
- Period: Sep 19 – Oct 30, 2025
- Minimum Deposit: RM1,000
- Rates:
- 3 months – 3.35% p.a.
- 6 months – 3.45% p.a.
- 10 months – 3.30% p.a.
- Condition: Deposit via CIMB OCTO App or CIMBClicks.
3. Public Bank
A. Conventional Fixed Deposit
- Period: Oct 1 – Dec 31, 2025
- Minimum Deposit: RM5,000
- Rates:
- 3 months – 3.35% p.a.
- 6 months – 3.45% p.a.
- 9 months – 3.25% p.a.
- 12 months – 3.30% p.a.
- Condition: Deposit via counter or online.
B. Islamic Term Deposit
- Period: Oct 1 – Dec 31, 2025
- Minimum Deposit: RM5,000
- Rates:
- 3 months – 3.35% p.a.
- 6 months – 3.45% p.a.
- 7 months – 3.60% p.a.
- 12 months – 3.30% p.a.
- 13 months – 3.10% p.a.
- 15 months – 3.10% p.a.
- 18 months – 3.00% p.a.
- 24 months – 3.00% p.a.
- Condition: Deposit via counter or online. 7- and 13-month terms are counter-only.
4. AmBank
- Period: Oct 1 – Oct 31, 2025
- Minimum Deposit: RM1,000
- Rates:
- 3 months – 3.35% p.a. (SAVE3)
- 6 months – 3.50% p.a. (SAVE6)
- 10 months – 3.60% p.a. (SAVE10)
- Condition: Deposit via AmOnline App or Web using FPX transfer.
5. RHB
- Period: Oct 1 – Oct 31, 2025
- Minimum Deposit: RM5,000
- Rates:
- Regular:
- 3 months – 3.30% p.a.
- 6 months – 3.40% p.a.
- Premier Customers:
- 3 months – 3.35% p.a.
- 6 months – 3.45% p.a.
- Condition: Deposit via RHB Online or at the counter.
6. Maybank
- Period: Aug 1 – Oct 31, 2025
- Minimum Deposit: RM1,000
- Rates:
- 3 months – 3.35% p.a.
- 6 months – 3.45% p.a.
- Condition: Deposit via Maybank2u using FPX and select “Profit Payment Mode Credit to account”.
7. Bank Muamalat
- Period: Mar 18 – Dec 31, 2025
- Minimum Deposit: RM10,000
- Rates:
- 6 months – 3.60% p.a.
- 12 months – 3.75% p.a.
- Condition: Deposit via counter only.
8. AffinBank
- Period: Oct 1 – Oct 31, 2025
- Minimum Deposit: RM10,000
- Rates:
- 3 months – 2.70% p.a.
- 6 months – 2.95% p.a.
- 9 months – 3.05% p.a.
- 10 months – 3.10% p.a.
- 12 months – 3.15% p.a.
- Condition: Deposit via Affin Always platform.
9. OCBC
- Period: Aug 1 – Oct 31, 2025
- Minimum Deposit: RM1,000
- Rate: 6 months – 3.58% p.a.
- Condition: Deposit via counter only.
10. Alrajhi Bank (Highest among all for 4 months)
- Period: Sep 25 – Dec 31, 2025
- Minimum Deposit: RM10,000
- Rates:
- 4 months – 3.70% p.a.
- 5 months – 3.60% p.a.
- Condition: Deposit via MY alrajhi app.
11. Standard Chartered
- Period: Aug 1 – Nov 30, 2025
- Minimum Deposit: RM30,000
- Rate: 12 months – 3.50% p.a.
- Condition: Fresh funds only, deposit via counter.
12. AEON Bank
- Period: Jun 1 – Nov 30, 2025
- Minimum Deposit: RM200
- Rate: 6 months – 3.08% p.a.
- Condition: Deposit via AEON Bank App.
13. Bank Islam
- Period: Sep 8, 2025 – Feb 28, 2026
- Minimum Deposit: RM10,000
- Rates:
- 6 months – 5.20% p.a. (Effective: 3.66% p.a.)
- 12 months – 5.40% p.a. (Effective: 3.80% p.a.)
- Condition: Funds must be split 70% into fixed deposit and 30% into savings.
14. BSN
- Period: Aug 1 – Dec 31, 2025
- Minimum Deposit: RM5,000
- Rate: 6 months – 5.15% p.a. (Effective: 3.61% p.a.)
- Condition: 70% into fixed deposit, 30% into BSN SSP. Deposit via counter.
15. Agro Bank
- Period: Sep 1 – Oct 31, 2025
- Minimum Deposit: RM10,000
- Rate: 12 months – 5.83% p.a. (Effective: 3.60% p.a.)
- Condition: Funds split 60% into fixed deposit, 40% into savings.
Final Thoughts
Fixed deposits remain a reliable option for those seeking low-risk returns and capital preservation. With so many banks offering different rates and conditions, it's important to compare not just the interest rates but also the deposit methods, minimum amounts, and any bundled requirements. Hopefully, this guide helps you make a more informed decision about where to park your money.