Fixed Deposit Interest rates w.e.f. 11th November 2024
USD Interest Rates
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SGD Interest Rates
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AUD Interest Rates
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For details on applicable interest rates on other currencies/tenors, please click here.
For information on deposit rates for EUR/JPY/CHF currency, kindly contact any of our Branches
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. For further information, please visit: www.sdic.org.sg
FAQs
What is a term deposit?
In a term deposit, money deposited by a customer with the Bank is held for a fixed term at a fixed interest rate. Interest rates offered on these deposits vary with the tenure, value and currency of the deposit. Term deposit is a savings proposition that can help you earn fixed returns on your savings.
Are term deposits insured?
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. For further information, please visit: www.sdic.org.sg