Disclaimer

This link brings you to a 3rd Party Website, over which Standard Chartered Bank Malaysia Berhad has no control ("3rd Party Website"). Use of the 3rd Party Website will be entirely at your own risk, and subject to the terms of the 3rd Party Website, including those relating to confidentiality, data privacy and security.

Standard Chartered Bank Malaysia Berhad makes no warranties, representations or undertakings about and does not endorse, recommend or approve the contents of the 3rd Party Website.

In addition to the terms stated in Standard Chartered Bank Malaysia Berhad's Important Legal Notices, Standard Chartered Bank Malaysia Berhad shall have no responsibility or liability in connection with the content of or the consequences of accessing the 3rd Party Website, including any virus arising from or system failure associated with the 3rd Party Website.

Proceed to third party website
Save deposit interest rates masthead

Standard Chartered offers a wide range of cash management and deposit products that give you added value and benefits

Deposit Interest Rates

Savings Account

Basic Savings Account
Balance Tier (RM)
Interest Rate (% p.a.)
All balances 0.25

Interest is calculated daily and paid 6-monthly. Effective date: 25/05/2009

Master Savings Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 25,000 0.00
> 25,000 – 150,000 0.10
> 150,000 – 300,000 0.20
> 300,000 – 800,000 0.30
Above 800,000 0.70

Interest is calculated daily and paid monthly. Effective date: 01/08/2009

1Product not available for account opening effective 2 January 2013

All of the accounts mentioned above are eligible for protection by PIDM.

e$aver Account2
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 50,000 0.10
> 50,000 – 100,000 0.50
> 100,000 – 200,000 0.70
> 200,000 – 1,000,000 1.50
Above 1,000,000 1.70

Interest is calculated daily and paid monthly. Effective date: 15/03/2013

2Excluding e$aver Decile 1 accounts

e$aver Decile 1 Account
Balance Tier (RM)
Interest Rate (% p.a.)
All balances 1

Effective Date: 15/08/2016

e$aver PLUS Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 50,000 0.20
> 50,000 – 200,000 1.70
> 200,000 – 1,000,000 2.40
Above 1,000,000 2.70

Interest is calculated daily and paid monthly. Effective Date: 02/01/2013

1Product not available for account opening effective 2 January 2013

Young Savers Account
Balance Tier (RM)
Interest Rate (%)p.a.
Up to 50,000 2.70
Above 50,000 0.25

Interest is calculated daily and paid 6-monthly. Effective Date: 15/05/2019

SeniorSave Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 20,000 0.50
Above 20,000 1.50

Interest is calculated daily and paid 6-monthly. Effective Date: 02/01/2013

1Product not available for account opening effective 2 January 2013

Privilege Savings Account (Priority Banking)
Balance Tier (RM)
Interest Rate (% p.a.)
All Balances 0.50

Interest is calculated daily and paid monthly. Effective date: 1/10/2018

Privilege Savings Account
Balance Tier (RM)
Interest Rate (% p.a.)
All Balances 0.50%

Interest is calculated daily and paid monthly. Effective date: 01/07/2018

Master Savings PLUS Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 500,000 0.50
> 500,000 – 1,000,000 1.20
Above 1,000,000 1.50

Interest is calculated daily and paid monthly. Effective Date: 02/01/2013

1Product not available for account opening effective 2 January 2013

JustOne Personal Savings Account
Balance Tier (RM)
Interest Rate (% p.a.)
All Balances 0.25

Interest is calculated daily and paid monthly. Effective Date: 02/01/2013

JustOne Preferred Savings Account
Balance Tier (RM)
Interest Rate (% p.a.)
All Balances 0.50

Interest is calculated daily and paid monthly. Effective Date: 02/01/2013

JustOne Priority Savings Account
Balance Tier (RM)
Interest Rate (% p.a.)
All Balances 1.00

Interest is calculated daily and paid monthly. Effective Date: 02/01/2013

e$aver PLUS Account (Campaign in Nov 2008)1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 100,000 0.50
> 100,000 – 200,000 0.50
> 200,000 – 1,000,000 1.50
> 1,000,000 – 5,000,000 1.50
Above 5,000,000 1.70

Interest is calculated daily and paid monthly. Effective Date: 15/03/2013

1Product not available for account opening effective 2 January 2013

e$aver PLUS Account (Campaign in Apr 2009)1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 500,000 1.50
> 500,000 – 2,000,000 1.50
Above 2,000,000 1.00

Interest is calculated daily and paid monthly. Effective Date: 15/03/2013

1Product not available for account opening effective 2 January 2013

PowerPay Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 50,000 1.00
Above 50,000 2.00

Interest is calculated daily and paid monthly. Effective Date: 15/03/2013

1Product not available for account opening effective 2 January 2013

MyDream Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 5,000 0.30
> 5,000 – 20,000 0.30
> 20,000 – 100,000 0.30
> 100,000 – 200,000 0.70
Above 200,000 1.00

Interest is calculated daily and paid monthly. Effective Date: 15/03/2013

1Product not available for account opening effective 2 January 2013

Current Account

M2 Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 25,000 0.00
> 25,000 – 150,000 0.10
> 150,000 – 300,000 0.20
> 300,000 – 800,000 0.30
Above 800,000 0.80

Interest is calculated daily and paid monthly. Effective date: 01/08/2009

1Product not available for account opening effective 2 January 2013

Preferred M2 Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 150,000 0.10
> 150,000 – 300,000 0.20
> 300,000 – 800,000 0.30
Above 800,000 0.80

Interest is calculated daily and paid monthly. Effective date: 02/01/2013

1Product not available for account opening effective 2 January 2013

SuperSalary Account1
Balance Tier (RM)
Interest Rate (% p.a.)
Up to 1,000 0.00
> 1,000 – 100,000 0.50
Above 100,000 1.00

Interest is calculated daily and paid monthly. Effective date: 15/03/2013

1Product not available for account opening effective 2 January 2013

Fixed Deposit

 

Tenure
Interest Rate (%)p.a.
1 month 2.70% p.a. 
2 months 2.70% p.a. 
3 months 2.85% p.a. 
4 months 2.85% p.a. 
5 months 2.85% p.a. 
6 months 2.90% p.a. 
7 months 2.90% p.a. 
8 months 2.90% p.a. 
9 months 2.90% p.a. 
10 months 2.90% p.a. 
11 months 2.90% p.a. 
12 months 3.00% p.a. 
>12mths 3.00% p.a.

Interest is calculated on a contractual basis and paid upon maturity (for tenures of 1-12 months) or on a half yearly basis (for tenures of more than 12 months). Effective Date: 15/05/2019

Foreign Exchange Rates

Standard Chartered Bank Malaysia Berhad

These are indicative rates and should not be construed to be applicable for any specific transaction.

Published rate as at 20/08/19  8:49:28 AM

The bank reserves the absolute right and discretion to change the rates below.

UNIT
CURRENCY
SELLING TT/OD
BUYINGTT
BUYINGCP
SWIFT CODE
1 U.S. DOLLARS 4.2599 4.1107 4.1083 USD
1 STERLING POUNDS 5.1858 4.9681 4.9403 GBP
1 AUSTRALIAN DOLLARS 2.9107 2.7518 2.7347 AUD
1 CANADIAN DOLLARS 3.2085 3.078 3.0623 CAD
1 NEW ZEALAND DOLLARS 2.75 2.6111 2.5951 NZD
100 CHINESE RENMINBI 60.7849 57.9029 0 CNY
1 EURO 4.7764 4.5028 4.471 EUR
100 BANGLADESH TAKA 5.1471 4.7781 4.7401 BDT
100 BRUNEI DOLLARS 308.6848 294.932 293.7087 BND
100 DANISH KRONERS 63.8056 60.6984 60.3341 DKK
100 SOUTH AFRICAN RANDS 28.0471 26.1132 25.8798 ZAR
100 HONGKONG DOLLARS 54.7946 51.8919 51.4219 HKD
100 INDIAN RUPEES 6.1298 5.5961 5.3275 INR
100 INDONESIAN RUPIAH 0.0307 0.0281 0.0278 IDR
100 JAPANESE YEN 4.0381 3.8192 3.8026 JPY
100 NORWEGIAN KRONERS 47.9623 45.2515 44.9561 NOK
100 FILIPINO PESO 8.2839 7.7124 7.6371 PHP
100 PAKISTAN RUPEES 2.7347 2.5002 2.4803 PKR
100 SAUDI ARABIAN RIYALS 115.3236 107.9891 107.0239 SAR
100 SINGAPORE DOLLARS 308.0478 296.0227 294.7949 SGD
100 SRI LANKA RUPEES 2.4392 2.2837 2.1731 LKR
100 SWEDISH KRONERS 44.4444 42.0208 41.7302 SEK
100 SWISS FRANCS 438.3644 415.3129 413.1963 CHF
100 THAI BAHTS 14.2215 12.9767 12.8864 THB
100 U.A.E. DIRHAMS 0 0 0 AED

Base Rate = 3.52%

What is the base rate (BR)?

The BR we offer on this product is made up of two parts, our benchmark cost of funds (COF) and the Statutory Reserve Requirement (SRR) cost imposed by Bank Negara Malaysia. Our benchmark COF is the marginal cost of raising funds for the mortgage loans.

What are possible scenarios to trigger a change in the BR?

Our BR can rise or fall due to changes in the benchmark COF and changes in the SRR.

Changes in the benchmark COF could occur due to changes in the Overnight Policy Rate (OPR) as decided by the Monetary Policy Committee (MPC) of Bank Negara Malaysia. In addition, as the benchmark COF is the marginal cost of raising funds, it will change in line with fluctuation in the market funding condition.

SRR cost will change in line with changes in the SRR rate as decided by MPC of Bank Negara Malaysia.

Historical benchmark COF and BR in the last 3 years.

Effective date: 14 May 2019
Applicable for all new individual loan applications
Before 14 May 2019
From 14 May 2019
Reference Rate BR = 3.77% BR = 3.52%
Interest Rate BR + 1.00% BR + 1.00%
Effective Lending Rate 4.77% 4.52%
Monthly instalment (RM) 1,829.99 1,777.56
FOR ILLUSTRATION PURPOSE:
Loan Amount: RM350,000 (No Lock-In Period)
Loan Tenure: 30 years

Note: Effective Lending Rate may vary if BR or BLR changes.

Base Lending Rate = 6.70% p.a.

Effective date: 14 May 2019

Not applicable for new individual loan/financing applications from 2 January 2015 onwards

Effective date: 14 May 2019

Not applicable for new individual loan/financing applications from 2 January 2015 onwards

Wealth Financing: Foreign Currency Cost of Funds

Published rate as at 20/08/2019. The bank reserves the absolute right and discretion to change the rates below.

 

CURRENCY
BASE RATE (% P.A.)
USD 2.450
EUR 0.125
GBP 0.857
NZD 0.739
SGD 2.104
AUD 0.844
HKD 2.075
JPY 0.125

Foreign Currency Account

Foreign Currency Deposit Account ( FCA) interest rates are dependent on market rates and could fluctuate from day to day. Please check with your nearest branch or contact your Relationship Manager (RM) for the latest FCA interest rate.

Calculation of the interest rate on FCA account is as follows: (Available Balance x Interest Rate)/365

Foreign Currency Account

KLIBOR rate = 3.46%

Effective date: 1 July 2019 – 30 September 2019

Not applicable for new individual loan / financing applications from 2 January 2015 onwards.

KLIBOR rate = 3.46%

Terms and Conditions

Member PIDM