Term Deposit-i | Islamic Term Deposit Acc – Standard Chartered Malaysia

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FOR INDIVIDUAL

FOR BUSINESS

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Proceed

Limited-time promo for fresh funds only

Get 3.80% p.a. on RM30,000 (up to RM200,000) fresh funds for 6-month Term Deposit-i. T&Cs apply.

^ Minimum of RM30,000 fresh funds in a single placement.

^ Maximum placement throughout the campaign period is capped at RM1,000,000 for Priority Banking clients and RM200,000 for Non-Priority Banking clients.

Fresh Funds

Earn 3.80% p.a.^ on a 6-month TD-i when you deposit fresh funds.
Additional Information
* Wealth Purchase is defined as Eligible Client who purchase a minimum RM200,000 in a single transaction of:
- Unit Trust/Islamic Unit Trust with a minimum sales charge of 2%; or
- Retail Bond/Sukuk with a minimum sales charge of 2%; or
- Structured Investment with a minimum sales charge of 1.5%
^ Minimum of RM30,000 fresh funds in a single placement

^ Maximum placement throughout the campaign period is capped at RM1,000,000 for Priority Banking clients and RM200,000 for Non-Priority Banking clients.
Fresh Funds with Wealth Purchase*

Earn 4.00% p.a.^ on a 6-month TD-i when you deposit fresh funds and start investing with us.
Additional Information
Shariah-compliant

Term Deposit-i is based on the Islamic concept of Commodity Murabahah
Wide range of tenures options

Choose from a range of tenures to suit your needs, between 1 to 60 months.

Non-Priority Banking Clients	Priority Banking Clients
Over the counter at your nearest Standard Chartered Branch.	• Contact your dedicated Relationship Manager. • Over the counter at your nearest Standard Chartered Branch.

Non-Priority Banking Clients

Priority Banking Clients

Over the counter at your nearest Standard Chartered Branch.

• Contact your dedicated Relationship Manager.

• Over the counter at your nearest Standard Chartered Branch.

How Commodity Murabahah works

Steps	Details
1	Deposit your funds with Standard Chartered Saadiq to purchase the commodity
2	Standard Chartered Saadiq will act as your agent to purchase the commodity from Broker
3	Standard Chartered Saadiq will then buy the commodity from you at cost plus profit on deferred basis which to be paid to you on maturity.
4	Standard Chartered Saadiq, as the owner of the commodity will then sell the Commodity to any third party

Online banking

Enjoy a wide range of easy-to-use features and secure banking services for free.

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SC Mobile

Access your accounts on the go with the enhanced security of touch login service.

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eStatements

Choose to see your monthly statements through online banking or receive a copy via email.

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Pin Pay Debit

Welcome to a more secure payment method with 6-digit PIN

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Rates

Most of our cash management and deposit products come with added value and benefits.

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Earn 3.80%p.a. on a 6-month Term Deposit-i Earn 3.80%p.a. on a 6-month Term Deposit-i

Eligibility & Documents

Eligibility

Eligibility
- Muslims and non-Muslims
- Individual account or joint account
- Sole proprietor or partnership
- Corporate or non-profit organisation (club or society or association or cooperative)
- Private limited companies
Age
- 18 years and above
Minimum deposit
- Individual account or joint account RM5,000 for 1-month placement or RM1,000 for placements over 3 months
- Corporate or non-profit organisation (club or society or association or cooperative) RM5,000, or RM1,000 for placements over 3 months
- Private limited companies RM5,000, or RM1,000 for placements over 3 months

Documents Required

1. Individual account or joint account
- Copy of your National Registration Identity Card (NRIC)
2. Sole proprietor or partnership
- Business registration (Form A)
- Company license (Form D)
- Copy of NRIC of all partners as individual customer
3. Corporate or non-profit organisation
- Copy of NRIC
- Certified copy of rules and regulations
- Certified copy of a Resolution to open the account signed by the chairman and secretary
- Certified copy of the certificate of registration
4. Private limited companies
- Identity documents of all directors and signatories
- Certified copy of the certificate of incorporation (Form 49)
- Certified copy of the return of allotment of shares (Form 24)
- Certified copy of memorandum and articles of association
- Certified copy of a board resolution regulating the conduct of the account
- Certificate by the registrar of company that the company is entitled to commence business
- Certified copy of a resolution to open the account signed by the chairman and secretary

Important Notes

1.All promotional Term Deposit-i rates are applicable for fresh funds only.

2.The minimum placement amount is RM30,000 and the maximum is capped at RM1,000,000 per client for Priority Banking clients and RM200,000 per client for Non-Priority Banking clients.

3.Placement for 4.00% TD-i Promotional Rate is only available via your dedicated Relationship Manger or over the counter at Standard Chartered Branch.

4.*Wealth Purchase is defined as Eligible Client who purchase a minimum RM200,000 in a single transaction of:

Unit Trust/Islamic Unit Trust with a minimum sales charge of 2%; or
Retail Bond/Sukuk with a minimum sales charge of 2%; or
Structured Investment with a minimum sales charge of 1.5% (Note: Structured Investment is only offered by Standard Chartered Bank Malaysia Berhad).

Terms and conditions

PIDM Perbankan Islam

* Protected by PIDM up to RM 250,000 for each depositor

* Click here for PIDM’s DIS Brochure

Disclaimer

Earn 3.80% p.a. on a 6-month Term Deposit-i

Limited-time promo for fresh funds only

Fresh Funds

Fresh Funds with Wealth Purchase*

Shariah-compliant

Wide range of tenures options

How to Apply?