India International Bank (Malaysia) Berhad (IIBM) announces the cut in its MYR Fixed Deposit Rates from 05th December 2020, in view of the current market liquidity scenario.
The revised Fixed Deposit Rates are below:
| Tenor | Current Board Rates | Revised Board Rates |
| 1 Month – 2 Month | 1.70 | 1.45 |
| 3 Month – 5 Month | 1.75 | 1.40 |
| 6 Month – 11 Month | 1.80 | 1.30 |
| 12 Month | 1.85 | 1.30 |
| Above 12 Months | Negotiable | Negotiable |
* With effect from 05th December 2020 and for amount Up to 2 Mio Only.
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