Tools to help you plan your finances such as MyHome Planner, eMySavings Calculator, Repayment Schedule Calculator, Renovation Calculator and more! Enter the initial deposit amount. Rates are expected to stay low or even become lower as the economy lay in … Minimum placement sum for 1 or 2 months deposit is S$10,000, and for the longer terms is S$500. Fixed Deposit or FD, also known as a term deposit in banking parlance, is a safe investment option to strike the right balance in one’s financial portfolio. Here is the formula for calculating the interest return on fixed deposits: R = return interest P = amount deposited or principal r = rate of interest per annum T = tenure of the account Formula: R=PrT/100 In Singapore, interest rates for fixed deposits vary from 0.1 to a maximum of 0.75% depending on the maturity of the deposit and the invested amount. for senior citizen account holders for deposits with a tenure of 9 months and above (Not applicable during promotion period). For sums of S$1 million and higher, please enquire at our branches for rates. The Fixed Deposit Calculator is used to calculate the fixed deposit interest and maturity amount. Kickstart your journey with us today. All Tenures 12 Months 12 to 18 Months >19 Months. Overdue Fixed Deposit (3 to 36 months) will be paid on the then prevailing Board Rate for completed quarter(s) or cycle(s). for 24-mth Singapore Dollar Time Deposits (as of 2 Oct 2020) **BEST for funds up to $49999** UOB: Earn up to 0.50% p.a. if. This month is no exception. Please select a valid Deposit Type. FD Calculator is a tool that helps in finding the right balance in terms of how much to invest in FD and for how long. It is known as a term deposit or time deposit in Canada, Australia, New Zealand, and The United States, and as a bond in the United Kingdom and India. 0.32% – 1.63% p.a. Fixed deposit accounts in Singapore offer a higher interest rate as compared to your basic savings deposit account although the difference has become smaller as fixed deposit interest rates plummeted in recent months. The rate is for the 'Singapore Dollar Time Deposit' product that requires a minimum deposit of S$ 1,000. The formula used for simple interest calculation is R = PrT. Disclaimer: The content on this website is purely for information only, subject to frequent changes. Interest Rate Popularity. (b) your placement of fixed deposit is for 12 months or above Minimum placement sum for 1 or 2 months deposit is S$10,000, and for the longer terms is S$500. in the latest bond – Apply by 26 Jan **BEST for low risk deposit up to $200,000** It may or may not require the creation of a separate account. Singapura Finance Fixed Deposit Singapura Finance fixed deposit board rates. In Singapore fixed deposit is calculated on a simple interest basis. The minimum period for placement is 12 months. Compare and find the best Fixed Deposit and promotional rate in Singapore Compare and find the best Fixed Deposit in Singapore. The 12 months tenor offers promotional compound interest of 1.5%, 1.7%, 1.9% and 2.1% for each quarter, 1-4 respectively, with a minimum deposit of S$5,000. We use cookies to ensure that we give you the best experience on our website. Deposit Amount. Calculation of fixed deposit interest. Compare fixed deposit interest rates and promotions from MoneySmart and … Best of 2021  Calculators  Banks  Articles  News. List of Fixed Deposit sale events, promotions, price list and other happenings in Singapore. Use this simple FD interest calculator to calculate the potential amount of interest earned for the amount placed. is considered sky-high by Covid-19 standards. Enjoy higher interest and returns through sophisticated savings and investment tools with CIMB Fixed Deposits. DBS BANK FD calculator online - Calculate DBS BANK FD Interest rate using DBS BANK Fixed Deposit calculator 2021. Want to find a place to grow your hard-earned savings and stop yourself from spending it? Singapore Dollar Time Deposit Earn up to 0.55% p.a. Deposit Type. Fixed Deposit: Singapore Savings Bond (SSB) Interest rate (Updated January 2021) 0.1% – 1% p.a This interest rate stays the same throughout the entire tenure. Maturity (Months) Please enter a valid Maturity. Tenure Length. 86 people like this Bank of East Asia Fixed Deposit … Grow your money with us now! interest rate per year and “T” represents … interest with minimum S$25,000 placement sum HSBC offers 1.10% p.a. t = number of years. Deposit Calculator; Loan Calculator {{ getSelectedDepositType() }} Calculator. Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. 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