Fixed Deposit-i

Fixed Deposit-i

More flexibility for your deposits

 

Overview


UOB Fixed Deposit-i is based on the Tawarruq arrangement, underpinned by the Murabahah contract (Cost Plus Profit Sale), it secures a Customer’s principal and agrees up-front on the rate of return via the sale contract of Murabahah (using Commodities).

The Bank then will become the Customer’s “Purchasing” and “Selling” Agent in a dual-agency arrangement. This allows the Customer to instruct the Bank to act on their behalf, to enter into a Tawarruq arrangement.

This structure guarantees Customers’ principal, fixes the Customer’s profit (if held to maturity), and is covered under Perbadanan Insurans Deposit Malaysia (PIDM).

 

Benefits

Gain more profit

Gain more profit

Earn more profit with our competitive Fixed Deposit rates

Capital-guaranteed

Capital-guaranteed

Capital-guaranteed mode of investment.

Flexibility Protected

Flexibility Protected

Flexibility to manage funds according to your short or long-term deposits needs.

Requirements

Fixed Deposit-i eligibility
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Eligible for sole proprietors, partnerships, private limited companies, professional practices, associations & societies, and public listed companies.

Minimum of RM5,000 for 1 month placement. For other tenures, RM1,000 minimum.

Ready to apply?

Ready to apply?

Frequently asked questions

Is an introducer required to open an account?
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Yes. An introducer is required to open the Fixed Deposit-i account.

From 1 month up to 60 months

  • Over-the-counter at any UOB Branch
  • UOB Business Internet Banking

You can contact our Business Banking Service Centre at:

• Kuala Lumpur

+6 03-26128 121 

• Penang

+6 04-2401 121

• Johor Bahru

+6 07-2881 121

• Kuching

+6 082-287 121

• Kota Kinabalu

+6 088-477 121


Or you can visit your nearest UOB branch.

Additional Information

Deposit Insurance Scheme

Deposit Insurance Scheme

Protected by PIDM up to RM250,000 for each depositor.

 

Please refer to UOB List of PIDM Insured Deposit for a list of UOB accounts / products that are covered under the System.

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We're here to help

Have questions?

Have questions?

Speak with us

Speak with us

Visit your nearest branch

Visit your nearest branch