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Sit back and let savings grow steadily 🙂
HL Bank Singapore is running a fixed deposit promotion for Singapore dollar placements, offering interest rates of up to 1.6% p.a.. The campaign is suited for savers looking for a simple, lower-risk way to earn predictable returns over a fixed tenor.
Compared to the earlier 11 Dec rates, the 6-month tenor has been revised upwards by 0.1%, while the 3-month and 9-month options are no longer available.
Placements can be made digitally via HLB Connect or with assistance at any HL Bank Singapore branch, giving customers flexibility based on their preferred banking style.
Fixed deposit promotional rates
The table below summarises the current promotional rates. Minimum placement varies by channel: S$10,000 for online placements and S$100,000 for branch or other placements. Funds may come from existing HL Bank deposits or qualifying fresh funds, subject to the bank’s terms.
| Minimum placement | Promotional rates (p.a.) | |
|---|---|---|
| 6 months | 12 months | |
| S$10,000 (Online) S$100,000 (Others) | 1.60% | 1.30% |
Important: Promotional rates may be changed at the bank’s discretion without prior notice. For confirmation, customers may call HL Bank Singapore at +6560289800.
How to place a fixed deposit
- Via HLB Connect: Log in to HL Bank’s online or mobile banking, select fixed deposit, choose the desired tenor and follow the on-screen steps.
- At a branch: Visit any HL Bank Singapore branch and request staff assistance to place the deposit under this promotion.
Terms and more information
- Full promotion terms and conditions are available here (PDF).
- Additional details on HL Bank Singapore’s fixed deposit promotion can be found here.
Compare across banks to view other fixed, time and incremental deposit rates here.
For enquiries, customers can reach HL Bank Singapore at +6560289800 during operating hours.
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