|Starts||18 Apr 2016 (Mon)||Ends||27 May 2016 (Fri)|
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From 18 April to 27 May 2016, invest a minimum amount of S$30,000 in Maybank Saver Series 2016 Structured Deposit (Tranche 2) and earn up to 11.50% over 5 years, including a bonus interest in Years 1 and 2.
- 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||Potential Total Payout|
|Annual Payout (SGD)||1.80% +|
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.
Bonus Interest: 0.75% bonus interest is only applicable in Year 1 and 2 if USD/SGD Spot Exchange Rate is above 1.4200 and 1.3500 at the start of Year 2 and 3 respectively, observed 2 business days before the respective anniversary date.
Other terms and conditions apply.
Sales on till 27 May 2016. For more info, click here.