You asked: Which bank gives the highest interest rate in Malaysia?

Which Bank gives you the highest interest rate?

Yes Bank offers one of the most attractive interest rates when it comes to Savings Accounts. Having revised their interest rates, the bank will now offer an interest rates of 4.00% p.a. for all Savings Accounts with a balance up to Rs. 1 lakh. The interest rates are between 4.00% p.a. to 5.25% p.a.

Which bank gives highest interest per month?

Interest rates on Monthly Income FD Schemes

Top banks monthly income FD interest rates
Bank Interest rate Tenure range
Kotak Mahindra Bank 4.50% to 5.25% 365 days to 389 days
IDFC FIRST Bank 5.25% to 7.00% 181 days to less than 1 year
Union Bank of India 4.50% 181 days to less than 1 year

Which savings account is best?

Compare & Apply for Best Savings Account Online

Savings Account Interest Rate
IDFC Bank Savings Account Up to 5.00% p.a.
ICICI Bank Regular Savings Account Up to 3.50% p.a.
IndusInd Bank Savings Account Up to 5.50% p.a.
Yes Bank Regular Savings Account Up to 5.25% p.a.

How can I make 10% on my money?

Top 10 Ways to Earn a 10% Rate of Return on Investment

  1. Real Estate.
  2. Paying Off Your Debt.
  3. Long-Term Stocks.
  4. Short-Term Stock Trading.
  5. Starting Your Own Business.
  6. Art snd Other Collectables.
  7. Create a Product.
  8. Junk Bonds.
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How can I double my money?

Below are five possible ways to double your money, ranging from the low risk to the highly speculative.

  1. Get a 401(k) match. …
  2. Invest in an S&P 500 index fund. …
  3. Buy a home. …
  4. Trade cryptocurrency. …
  5. Trade options. …
  6. 10 best investments in 2021.
  7. 3 ways to know if your 401(k) is too aggressive.

Where can I invest my money without risk?

Here is a list of 7 low-risk investments with respectable returns:

  • High Interest Savings Accounts. With high-interest savings account, you can earn nominal amount of interest, on the deposit in your savings account. …
  • Annuities. …
  • Money Market Funds. …
  • Municipal Bonds. …
  • Treasury Bills. …
  • Fixed Deposits.

Does Bank give interest every month?

In savings accounts, interest can be compounded, either daily, monthly, or quarterly, and you earn interest on the interest earned up to that point. The more frequently interest is added to your balance, the faster your savings will grow.

What is the interest of 1 lakh in bank?

In the current Indian market, a typical monthly interest rate for 1 Lakh fixed deposit can vary from 5% to 7.5% per annum.

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