Calculate your fixed deposit maturity value and interest in Malaysia, based on your placement amount, the rate and the tenure.
Maturity value
RM 10,350.00
RM 350.00 interest over 12 months
Maturity value: RM 10,350.00
Maturity value
RM 10,350.00
Projection only. Returns are not guaranteed; figures assume a constant rate.
RM10,000 at 3.5% for 12 months
Earns RM350 in simple interest, paid at the end of the tenure.
RM10,350 at maturity
RM50,000 at 4.0% for 24 months
RM4,000 interest over two years — longer tenures usually carry higher rates.
RM54,000 at maturity
How the figures above are worked out — the rules, rates and reasoning behind every line.
A fixed deposit (FD) locks a lump sum with a bank for a set tenure at a fixed rate. You get your principal plus interest at maturity.
FD interest is typically simple interest for the tenure, paid at maturity. Rates are higher for longer tenures and larger placements.
Interest = placement amount × annual rate × tenure (in years). Your maturity value is the placement amount plus that interest.
Breaking an FD early usually means you lose some or all of the interest, so only commit money you can leave untouched.
FDs at member banks are protected by PIDM up to RM250,000 per depositor per bank, making them one of the lowest-risk places to park cash.
FD interest is usually simple interest: placement amount × annual rate × tenure in years, paid at maturity. Rates vary by bank, tenure and placement size. A RM10,000 FD at 3.5% for 1 year earns RM350.
Yes. Deposits at PIDM member banks are protected up to RM250,000 per depositor per bank, so FDs carry very low risk.
Early withdrawal usually forfeits some or all of the interest for that placement, though you keep your principal. Terms vary by bank.
Every figure is based on official Malaysian sources. Always confirm against the originals before filing or making financial decisions.
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