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  HomePersonal BankingDeposits › Fixed Deposits › V50 Fixed Deposit

First Time User Overview
 
 
 


The Senior Citizens Account that understands your banking needs

You've spent your life working hard for your money. Now let it work harder for you. We make banking easier for you. So you can enjoy the more important things in life with people that really matter. Like family.

Features and Benefits

 
Minimum Opening deposit is RM 5,000.00 for 1 month tenure and RM 500 for two months and above.

Joint accounts are allowed as long as one of the joint holders is 50 years and above.

V50 FD Account are automatically renewed upon maturity.

For premature withdrawal, only half of the agreed interest will be payable subject to the completion of a minimum of 3 months.
No interest will be paid for FDs before the completion of 3 months.

Interest is computed daily and credited monthly into V50 Savings Account.

Free pick up service for a new placement of minimum FD of RM 50,000 within a 20KM radius from the nearest branch.

Commission free on:

  • Standing Instruction/ Automatic Fund Transfer facility between accounts within Eon Bank
  • Purchase of Cashier’s Order for Initial Public Offerings (IPO) issued by MIDF/MIH
  • Purchase of Traveler’s Cheque
  • Purchase of Foreign Demand Draft

Entitlement for membership of Prestige banking for placement of minimum RM200,000.

 

Eligibility

 
Open to all individuals aged 50 and above.

For joint accounts the primary accountholder has to be 50 years old and above.

 

Interest Rate Table

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