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Starts | 23 Jul 2021 (Fri) | Ends | 20 Aug 2021 (Fri) |
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Location | Maybank |
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Invest a minimum of SGD 30,000 by 20th August in Maybank Saver Series 2021 Structured Deposit (Tranche 2) to earn up to 4.40% on the SGD tranche over 5 years.
Note: There is an element of extra risks compared to a normal fixed deposit
- 5-year Structured Deposit
- 100% Principal Guaranteed at Maturity
- Interest Payment Every Six Months
Tenure | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Maximum Potential Total Payout |
---|---|---|---|---|---|---|
Payout | 0.80% | 0.80% | 0.90% | 0.90% | 1.00% | 4.40% [1] |
Credit Risk: The Customer is taking on the credit risk of Malayan Banking Berhad (“Bank”) (Moody’s Long Term A3, S&P Long Term A-, Fitch Long Term A-) with respect to all payments due under the structured deposit (“Structured Deposit” or “this product”). Please note that the Bank will pay the full principal amount to the Customer only if the Structured Deposit is held to the maturity date, or (if applicable) the specified redemption date. In the event where the Bank becomes insolvent, the Customer may not receive any payouts and may lose his original principal. Other terms as well as other important information can be found in the product term sheet and the Terms And Conditions Governing Structured Deposits, a copy of which can be obtained from Maybank Wealth Managers. Additional Terms and Conditions apply.
For more info, click here.
[1] Assuming that no early termination event occurs.
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