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| Starts | 8 Mar 2023 (Wed) | Ends | 9 Apr 2023 (Sun) |
|---|---|---|---|
| Location | Maybank |
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Invest a minimum of SGD30,000 by 9 April 2023 in Maybank Saver Series 2023 Structured Deposit (Tranche 1) to earn a minimum of 3.00% p.a.¹ interest and total returns of up to 21.00%¹ on the SGD tranche over 6 years².
Note: There is an element of extra risks compared to a normal fixed deposit. Please note that structured deposits are NOT insured deposits for the purposes of the Deposit Insurance and Policy Owners’ Protection Schemes Act 2011.
- 5-year Callable Structured Deposit
- 100% Principal Guaranteed at Maturity
- Interest Payment Every Six Months
| Tenure | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Maximum Potential Total Payout |
|---|---|---|---|---|---|---|---|
| Interest | 4.00% | 3.80% | 3.60% | 3.40% | 3.20% | 3.00% | 21.00%¹ |
[1] Minimum 3.00% p.a. Interest and Total Payout: Minimum 3.00% p.a. interest and total payout of 21.00% are payable only if this structured deposit (“the Structured Deposit” or “this product”) is held to maturity or (if applicable) the specified redemption date.
[2] Early Termination: Maybank Singapore Limited (“the Bank”) reserves the right (but not the obligation) to early terminate this product on each termination date by giving notice (which may be given orally, including by telephone or through any electronic communication) to the Customer on or before the exercise date (“the optional early termination date”). If the Structured Deposit is early terminated: (a) the maturity date shall be deemed to occur on the optional early termination date and the Bank shall pay the principal amount and any unpaid accrued interest to the Customer in accordance with the Bank’s terms and conditions governing structured deposits and (b) no further interest shall be payable by the Bank to the Customer after such maturity date.
Credit Risk: The Customer is taking on the credit risk of Maybank Singapore Limited (“the Bank”) with respect to all payments due under the Structured Deposit. Please note that the Bank will pay the full principal amount to the Customer only if the Structured Deposit is heldto the maturity date, or (if applicable) the specified redemption date. In the event where the Bank becomes insolvent, the Customermay not receive any payouts and may lose his original principal.
For more info and full T&Cs, click here.
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