Public Bank Fixed Deposit Rate
eFD via FPX rate · Min RM5,000 · Place via PBe or MyPB App · Ends 30 Jun 2026
Public Bank is Malaysia’s third-largest bank and one of the most profitable in Southeast Asia. Known for financial stability and strong asset quality, PB offers FDs through branches, PBe online banking, and the MyPB app.
eFD via FPX Rates
| Tenure | Interest Rate (p.a.) | Min Deposit |
|---|---|---|
| 3 Months | 3.40% | RM5,000 |
| 6 Months | 3.55% | RM5,000 |
| 9 Months | 3.25% | RM5,000 |
| 12 Months | 3.60% | RM5,000 |
Special FD Campaign
| Tenure | Interest Rate (p.a.) | Min Deposit |
|---|---|---|
| 3 Months | 3.40% | RM5,000 |
| 6 Months | 3.55% | RM5,000 |
| 9 Months | 3.55% | RM5,000 |
| 12 Months | 3.60% | RM5,000 |
Standard Board Rates
| Tenure | Interest Rate (p.a.) |
|---|---|
| 1 Month | 1.75% |
| 3 Months | 1.80% |
| 6 Months | 1.95% |
| 9 Months | 2.00% |
| 12 Months | 2.05% |
How to Place Online
Place a PB eFD via FPX
- Log in to PBe (online banking) or the MyPB app
- Navigate to the eFD placement section
- Select the FPX campaign, tenure, and amount (min RM5,000)
- Choose your source bank for FPX transfer
- Complete authentication — confirmed within minutes
Note: PB’s RM5,000 minimum is higher than Maybank and CIMB (RM1,000). For smaller amounts, consider those alternatives.
Key Things to Know
PIDM Protection
Protected up to RM250,000 per depositor. PB also has one of the lowest NPL ratios among Malaysian banks.
Early Withdrawal
Premature withdrawal forfeits all interest. No partial withdrawal — you must close the entire FD certificate.
Tax-Exempt
All FD interest earned by individual Malaysian tax residents is fully tax-exempt, regardless of amount.
Auto-Renewal
Auto-renewed FDs roll over at board rate, not promo rate. Manually place a new eFD before maturity for the best deal.
How Does Public Bank Compare?
Public Bank’s 3.60% for 12 months via FPX is competitive, matching CIMB’s 3.60% for 6 months. AmBank leads retail at 3.65%, while Maybank offers 3.55% with a lower RM1,000 minimum. For high-net-worth customers, Standard Chartered and HSBC offer 4.28%. Public Bank’s strength is its reputation for stability and strong asset quality.