India International Bank (Malaysia) Berhad (IIBM) announces increase in its Base Lending Rate and Deposit rates effective 25th July 2014, in line with the increase in the Overnight Policy Rate (OPR) by 25 basis points.
Effective 25th July 2014 IIBM's deposit rates will be revised upwards by up to 25 basis points, while its base lending rate (BLR) is being increased by 25 basis points to 6.85% p.a.
Goods and Service Tax (GST)
INDIA INTERNATIONAL BANK (M) BHD (GST Reg. No. 000375685120)
With the implementation of the Goods and Service Tax (GST), starting from 1 April 2015, please be informed that the Bank shall charge GST for the applicable fee, charges and commissions as per the guidelines of the Royal Malaysian Customs.
The Bank’s fee, charges and commission and the applicable GST is as below:-
The charges for Bank’s product and services may be amended and these amended charges will be updated accordingly. For further Information, kindly visit http://www.gst.customs.gov.my