BSN (Bank Simpanan Nasional)
BSN Fixed Deposit
Products · Fixed Deposits · BSN Fixed Deposit
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 Rate | 2.75% – 3.00% p.a. |
| Rate Type | fixed |
| Tenure | 1 – 12 months |
| Apply Online | Branch Only |
How does BSN Fixed Deposit compare?
See how it stacks up against other fixed deposits from Malaysian banks.