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Effective from 23 Sep 2025, SingFinance (Sing Investments & Finance Limited) has adjusted its Singapore Dollar Fixed Deposit (FD) promo rates, with the maximum interest now capped at 1.2% p.a. 📉
This marks another revision following the earlier adjustment on 11 Sep 2025, where depositors briefly enjoyed rates of up to 1.35% p.a.
💻 Online Fixed Deposit Rates
For savers who prefer managing finances digitally, SingFinance continues to offer online FD promotions. The updated rates from 23 Sep 2025 are as follows:
| Tenor | Minimum Deposit Amount | |
|---|---|---|
| $1,000 | $10,000 | |
| 3 months | 1.15% p.a. | 1.20% p.a. |
| 6 months | 1.15% p.a. | 1.20% p.a. |
| 12 months | 1.10% p.a. | 1.15% p.a. |
With a low entry requirement of just $1,000, this FD option remains accessible to first-time savers, students, and young professionals. Meanwhile, larger deposits of $10,000 or more earn slightly higher returns, rewarding those who save more consistently.
🏦 Branch-Based Fixed Deposits
Savers who prefer a personal touch can still opt for branch-based FD placements. These updated branch rates cater to those who value face-to-face service and in-person consultations:
| Tenor | Minimum Deposit Amount |
|---|---|
| $10,000 | |
| 3 months | 1.15% p.a. |
| 6 months | 1.15% p.a. |
| 12 months | 1.10% p.a. |
This channel is popular among customers who prefer direct guidance or prefer handling transactions physically.
📌 Key Notes & Considerations
- Valid for personal accounts and fresh funds only.
- Rates are subject to change without prior notice depending on prevailing market conditions.
- Customers are strongly encouraged to review the full terms and conditions before committing funds.
🔎 How to Apply
Customers can locate their nearest branch through the SingFinance branch locator, or open an account online via the Fixed Deposit page. For comparison, readers can also check out this comprehensive guide to Singapore’s FD rates.
✅ Conclusion
With these revised rates effective 23 Sep 2025, SingFinance continues to provide competitive choices for savers, whether online or through branches. While returns have slightly moderated, the relatively low minimum deposit requirements make it a practical choice for both new and seasoned savers looking for safe, steady growth of funds.
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