Singapore Fixed Deposit: CIMB Why Wait Fixed Deposit-i account
In 2014 “Singapore Fixed Deposit” BlogSpot site will share updates on Singapore banks and their Singapore fixed deposit rates.
CIMB Why Wait Fixed Deposit-i account is a Shariah-compliant Fixed Deposit product using the Shariah concept of Murabahah (mark-up) to facilitate the deposit-taking activity from you to the bank.
The deposits collected will be managed in accordance with Shariah. Unlike a normal Fixed Deposit account where you receive your interest only at maturity, a CIMB Why Wait Fixed Deposit-i account allows you to collect your returns in the form of profit upfront.
*Terms and conditions apply for CIMB Why Wait Fixed Deposit-i 25 for 25 promotion.
CIMB Why Wait Fixed Deposit-i account
12month = 1.15% p.a. (Effective Profit Rate)
All Singapore fixed deposit interest rates are subject to change.
We hope you find our Singapore Fixed Deposit site useful.
Singapore Fixed Deposit
Tags: 2012, Singapore Fixed Deposit, Singapore FD.