ALB
Alliance Bank

Alliance Bank Fixed Deposit Rates

4.38%
best rate p.a.
5.0(2 reviews)Islamic · Term Deposit-i

Last updated 5 Oct 2026, 3:44 PM MYT · Reviewed by Raymond, Rates.my

Best rate
4.38%
per annum
Campaigns
2
FD products
Min deposit from
RM10,000
Tenures
6M

Alliance Bank fixed deposit overview

Alliance Bank is a commercial bank in Malaysia. Its best term deposit-i (the Shariah-compliant equivalent of a fixed deposit) rate listed here is 4.38% p.a. on the Sri Petaling Branch Opening TD-i, with placements from RM10,000. Across 2 campaigns the available tenures are 6M. Some of these rates are promotional and time-limited — check the validity date and eligibility before placing your funds. Compare each Alliance Bank FD campaign below, see what you'll need to open one, and read reviews from other depositors.

Alliance Bank FD campaigns & rates

Sri Petaling Branch Opening TD-i
Sri Petaling branch only, over the counter — new-to-bank or a new CASA-i required. Tiered by segment: the headline 4.38% needs Alliance Privilege (RM300k AUM) or Alliance Personal (RM100k); Mass Market customers get 3.98%. Max RM500,000. Campaign runs to 31 Oct 2026 or until the branch threshold is reached, whichever comes first — the longest-running promo on our panel.
PromoIslamicFresh funds
4.38%
6 Months
Min deposit
RM10,000
Tenure
6 Months
Valid until
31 Oct 2026
Apply at Alliance Bank →
Alliance Privilege / Personal Term Deposit-i
Term Deposit-i for customers NEWLY joining Alliance Privilege or Alliance Personal — existing segment members do not qualify, which is the catch most listings omit. Q4 cycle lifts the rate to 4.00% (from 3.85%). A pure placement with no bundling required, unlike Alliance's banca-linked FD offers. Campaign 1 Oct 2026–31 Mar 2027.
PromoIslamic
4.00%
6 Months
Min deposit
RM10,000
Tenure
6 Months
Valid until
31 Mar 2027
Apply at Alliance Bank →

Alliance Bank standard FD board rates

Standard (non-promotional) fixed deposit rates by tenure — effective 15 Jul 2025, from a minimum placement of RM500.

TenureRate p.a.
1 month2.10%
2 months2.20%
3 months2.30%
4–5 months2.35%
6–11 months2.40%
12–24 months2.45%
Above 24 monthsNegotiable

Source: Alliance Bank official rates. Board rates can change without notice — verify before placing. A promotional FD reverts to these rates after its campaign cycle.

Opening a Alliance Bank fixed deposit

🪪
Identification
Your MyKad (IC) if you're Malaysian, or passport for non-residents.
💵
Minimum deposit
From RM10,000 — varies by campaign.
✨
Fresh funds required
The promotional rates need fresh funds — money new to Alliance Bank, not transferred from an existing Alliance Bank account.
🏢
Where to open
At any Alliance Bank branch — bring your IC and the funds.
☪️
Shariah-compliant
Offered as a Term Deposit-i — a profit-sharing structure with no interest (riba).

Breaking a fixed deposit before maturity usually forfeits some or all of the interest — confirm the terms with Alliance Bank before you commit.

Alliance Bank fixed deposit FAQ

Alliance Bank's highest fixed deposit rate listed here is 4.38% p.a. on the Sri Petaling Branch Opening TD-i, for a 6 Months tenure. Rates are indicative — confirm the current rate on the Alliance Bank website before applying.

The minimum placement starts from RM10,000.

Yes — Alliance Bank offers a Term Deposit-i, the Shariah-compliant (non-interest, profit-sharing) equivalent of a conventional fixed deposit.

Your IC (MyKad) or passport, and the deposit amount. Alliance Bank FDs are typically opened at a branch. Promotional rates usually require fresh funds (money new to the bank).

The Sri Petaling Branch Opening TD-i promotional rate is valid until 31 Oct 2026 (indicative). Promotional campaigns can change or be withdrawn — always confirm the current offer and terms with Alliance Bank.

Outside promotions, Alliance Bank's standard FD board rates (effective 15 Jul 2025) are: 2.10% p.a. for 1 month; 2.20% p.a. for 2 months; 2.30% p.a. for 3 months; 2.35% p.a. for 4–5 months; 2.40% p.a. for 6–11 months; 2.45% p.a. for 12–24 months; Negotiable for Above 24 months. Board rates apply to standard placements and to promotional FDs once the promo cycle ends, from a minimum placement of RM500. Confirm the current rate with Alliance Bank before placing.

Rates, tenures and promotions are indicative and time-limited — always confirm current terms with Alliance Bank before placing a deposit. Not financial advice. Rates.my is an independent comparison site, not affiliated with or endorsed by Alliance Bank; the bank's name and logo belong to their respective owners. Spotted an error, or need a correction or takedown? Contact Raymond at raymond@rates.my.

💬 Discussion (2)

Live · last activity 08 Jul 2026

Your rating:
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O
Online reviewer·08 Jul 2026
New to bank only
Ray
Ray·02 Jul 2026
Steady

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Our reporting on Alliance Bank

Recent Rates.my reporting on this topic.