Important Advisory on MaxSave Time Deposit Tenors

Please be advised that, effective 26 August 2026, the 3-month tenor will temporarily not be offered for new MaxSave Time Deposit accounts.

This change applies only to MaxSave Time Deposit placements opened on or after 26 August 2026. The tenure of all other MaxSave Time Deposits opened before 26 August 2026 will remain valid and will follow the original maturity date and terms agreed upon at the time of placement.

Following this change, the available MaxSave Time Deposit tenors will be:

1. 6 months
2. 12 months

Frequently Asked Questions

1. I have an existing 3-month MaxSave Time Deposit. Will my account be affected?

No. Your existing 3-month MaxSave Time Deposit will remain valid until its original maturity date and will continue under its existing terms.

2. What will happen to my 3-month Time Deposit with auto-renewal upon maturity?

Starting 26 August 2026, 3-month MaxSave Time Deposits will no longer be eligible for auto-renewal. Upon maturity, your placement will not be automatically renewed. You will need to provide new placement instructions if you wish to reinvest under an available tenor.

3. Can I still open a new 3-month MaxSave Time Deposit?

The 3-month tenor will remain available for new placements opened before 26 August 2026. It will no longer be available for new placements opened on or after 26 August 2026.

4. What tenors will be available after 26 August 2026?

The available tenors will be 6 months and 12 months, subject to the applicable terms and prevailing interest rates at the time of placement.

5. Will my existing 3-month Time Deposit's interest rate or terms change?

No. Your existing placement will continue to follow the original terms and interest rate agreed upon at the time of placement until maturity.

The 3-month tenor will temporarily not be offered for new placements. Customers will be advised once it becomes available again.

Thank you for your continued trust and support.