Savings
 
Features & Privileges
  • Tax relief on savings up until RM3,000 per year;
  • Free insurance coverage up until RM50,000 for depositors who have an accumulated deposit of a minimum of RM1,000 *;
  • Matching grant with a maximum endowment of RM10,000 per family **;
  • Deposit as low as RM20 at any time deemed necessary and government guarantee on savings;
  • Competitive dividend rate and tax exemption on dividend; and
  • Over 1,400 agents throughout Malaysia;
  • Through Maybank2u Online and ATM (for Maybank account holders and have registered with Maybank2u).
* Eligibility for insurance/death compensation is only for depositors between 18 and 65 years, whereas death compensation is awarded only to beneficiaries aged 1 to 28 years.
 
** A family whose household income does not exceed RM2,000 per month is eligible for a matching grant when the child is accepted into a higher learning institution.