money.com.my
Products · Fixed Deposits · BSN Fixed Deposit
BS
BSN (Bank Simpanan Nasional)

BSN Fixed Deposit

3.4
Best for
First-time savers and low-income earners who want a RM500-minimum government-backed FD
Rate
2.75%–3.00%p.a.
Max Tenure
12months

Pros

  • RM500 minimum — most accessible entry point in Malaysia
  • PIDM insured
  • Government-linked bank — strong institutional trust
  • Nationwide branch access including rural areas

Cons

  • 3.00% 12m rate — lowest among major banks
  • Digital banking features less developed than private sector banks
  • Limited online placement functionality

Full specifications

Interest Rate2.75% – 3.00% p.a.
Rate Typefixed
Tenure1 – 12 months
Apply OnlineBranch Only
How does BSN Fixed Deposit compare?
See how it stacks up against other fixed deposits from Malaysian banks.
Compare fixed deposits →

Data sources: