Maybank Prosperous Now! Account-i is an Islamic fixed term deposit which offers instant cash when you sign up. This product is based on Murabahah. On the placement day, a security deposit will be credited to your account. When the deposit matures, Maybank will pay you the principal amount as profit is already paid.
Features and Benefits of Maybank Prosperous Now! Account-i
Following are the various features and benefits of Maybank Prosperous Now! Account-i:
- The initial minimum deposit required is RM10,000. Increments are to be made in multiple or RM1,000.
- Tenure offered for the deposit is 1 – 12 months.
- Profit rate is fixed and cash is offered upon placement.
- The deposit will be accepted as a collateral.
- You get a higher profit rate when compared to a normal savings account.
- You get free personal accident takaful coverage along with funeral and medical expenses.
Profit Rates of Maybank Prosperous Now! Account-i
|1 – 2 months||2.95%|
|3 – 4 months||3.00%|
|5 – 11 months||3.05%|
Fees and Charges
The following are the eligibility criteria that has to be met to open a Maybank Prosperous Now! Account-i account:
- You must be 18 years and above.
- Maximum of 4 joint account holders can apply.
- Trustees, Government and Corporate Funds, professionals, foreigners, organisations, associations, societies, clubs, and business enterprises can open Maybank Prosperous Now! Account-i.
How to apply for Maybank Prosperous Now! Account-i?
If you want to open a Maybank Prosperous Now! Account-i, you can visit any of the closest Maybank Branch and meet with the Maybank executive and start the procedure to open the deposit account. You can also apply for Maybank Prosperous Now! Account-i online via Maybank2u.
When you are submitting your application form, you must submit the following documents:
- Valid passport along with other documentary evidence for foreigners.
- Malaysians must submit their valid MyKad.