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Sit back and watch your savings grow 🙂
From 4 Dec 2025, HL Bank S’pore is offering a fixed deposit promotion that lets customers enjoy attractive interest of up to 1.35% p.a. on Singapore dollar placements. It is designed for savers who prefer a fuss-free, low-risk way to grow their money while keeping things simple.
To place a fixed deposit, customers can use HLB Connect for online placements or visit any HL Bank Singapore branch to get assistance from the bank’s staff. This gives both digital-first customers and those who prefer face-to-face service convenient options to lock in the promotional rates.
Fixed deposit promotional rates as of 10 Dec 2025
The latest promotional fixed deposit rates are summarised below. A minimum placement of S$100,000 is required, and this can come either from an existing HL Bank fixed deposit or from fresh funds transferred to HL Bank.
| Minimum Placement Amount | Tenor | Promotional Rates (p.a.) |
|---|---|---|
| S$100,000 | 6 months | 1.35% |
| 9 & 12 months | 1.30% |
With the above rates, an illustration for a placement of S$100,000 is as follows (figures are approximate and for general reference only):
- 6-month tenor at 1.35% p.a. – interest of about S$675 over 6 months.
- 9-month tenor at 1.30% p.a. – interest of about S$975 over 9 months.
- 12-month tenor at 1.30% p.a. – interest of about S$1,300 over 12 months.
Actual interest may differ slightly due to the bank’s day-count convention and rounding rules, but the above examples give customers a quick feel of how much their savings can grow when they commit to a fixed tenor.
Who this promotion may suit
- Savers with at least S$100,000 in cash who are comfortable setting the funds aside for between 6 and 12 months.
- Risk-averse customers who prefer guaranteed returns instead of market-linked investments.
- Busy individuals who want a simple, one-time placement without having to track complicated product features.
As this is a fixed-tenor placement, customers should ensure they will not need the funds during the chosen tenor. Under the promotion’s terms and conditions, no interest will be paid if the fixed deposit is withdrawn before maturity, and partial withdrawals are not allowed.
How to place the fixed deposit
Customers can choose either of the following convenient channels:
- Via HLB Connect – log in to the bank’s online or mobile banking platform and follow the steps to make a fixed deposit placement under the promotion.
- At a branch – visit an HL Bank S’pore branch and request help from the staff to place the fixed deposit under this promotional campaign.
The Promotional Rate(s) may be revised at the discretion of the Bank without prior notice, so customers who are keen should check the latest rates before placing their funds.
For enquiries, customers can call HL Bank S’pore at +65 6028 9800 during the bank’s operating hours.
Important information and where to find the full terms
Before placing a fixed deposit, customers should read the full terms and conditions of the promotion to understand all the requirements and any applicable fees or restrictions.
- For the full terms and conditions of this fixed deposit promotion, click here.
- For more details on HL Bank S’pore’s fixed deposit promotion, click here.
Looking to compare more options before deciding? Customers can browse some of the best fixed, time and incremental deposit rates in Singapore here and see how HL Bank’s promotion stacks up.
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