Foreign Currency Account (Corporate) View: Foreign Exchange Rates: View: Gold Prices: View: Gold Investment Accounts Prices: View: Lending Rates: View: Unit Trust Prices: View : Banknotes: View: Financing: View: Essential Information. Public Bank Berhad (MYX: 1295) is a bank based in Kuala Lumpur, Malaysia, offering financial services in Malaysia as well as the Asia-Pacific region.. Public Islamic Bank gives no warranty as to the entirety, accuracy or security of the linked web site or any of its content. What is Base Rate? Rates & Charges; Calculator; Glossary; Announcement. Bank 1 Month 3 Months 6 Months 12 Months; Alliance Bank [Updated On: 29 May 2019] 2.95%: 3.00%: 3.05%: 3.10%: Ambank [Updated On: 29 May 2019] HLB and HLISB Announce Decrease in BR / IBR and BLR / IFR Kuala Lumpur, 15 May 2019 In line with the recent reduction in Bank Negara Malaysia’s Overnight Policy Rate (“OPR”), Hong Leong Bank Berhad (“HLB”) and Hong Leong Islamic Bank Berhad (“HLISB”) would like to announce reductions in its Base Rate (“BR”) and Islamic Base Rate (“IBR”) to 3.88% from 4.13%. Effective Date: 13 July 2020. BR is applicable to floating rate loans and financing facilities for individuals. Maybank’s Base Rate (BR) will be lowered by 20 basis points from 3.25% p.a. Below are the major currencies available for exchange at Public Bank. Affin Bank Lending Rate Information. This may include lock-in period, branch availability, and fees charged. Two Wheeler Loan Eligibility,Two Wheeler Loan Document Required,Two Wheeler Loan FAQs, Apply for 2 Wheeler Loans Online, Low Interest Rates, Quick Processing & Flexible Repayment, SBOI Eligibility Calculator, Required Documents,Purpos,SBOI Two … ga('send', 'pageview'); Copyright Effective from 10 July 2020. Base Rate (BR) is in accordance to the new reference rate framework introduced by Bank Negara Malaysia and it replaces the Base Lending Rate (BLR) as the pricing for retail loans effective 2nd January 2015. Here are the latest Malaysian bank BR and BLR rates, as of May 2020, and estimates of how much you will save after the recent Bank Negara reduction in OPR!. Our Indicative Effective Lending / Financing Rate for a standard 30-years housing loan / home financing product with financing amount of RM 350,000 and has no lock-in period is 3.30% p.a. google_ad_width = 180; 5.42%. Base Rate. [ Updated On: 13 Aug 2020 ] 2.57%. google_ad_height = 90; Public Bank. Revised Banking/Business Hours for Business Units. Dear Valued Customers, Please be advised that with effect from Wednesday, 31 January 2018 the Bank’s Base Rate (BR), Base Lending Rate (BLR) and Base Financing Rate (BFR) will be revised as follows: Base Rate (BR) 4.10% p.a. Under BR, which now serves as the main reference rate for new retail floating rate loans, banks in Malaysia can determine their interest rate based on a formula set by the central bank. Revision of Base Rate (BR), Base Lending Rate (BLR) And Base Financing Rate (BFR) Kindly be advised that with effect from 14 July 2020 (Tuesday) , there will be a revision for the reference rates for both Affin Bank Berhad (AFFINBANK) and Affin Islamic Bank Berhad (AFFIN ISLAMIC). Fixed deposit (FD) rates will also be adjusted downwards by 0.5%. Encourages greater discipline and efficiency among financial institutions in pricing retail financing products. Effective from : 6 March 2020 * Indicative Effective Lending Rate refers to the indicative annual effective lending rate for a standard 30-year housing loan / home financing product with financing amount of … In January 2015, the Base Lending Rate (BLR) structure was replaced with a new Base Rate (BR) system. Suggested to compare 3 to 5 different FIs. Q: How often are Malaysia’s rates updated? 2.27%. Compare rates before taking out a new loan. Disclaimer Look at other factors that may have a impact especially financially. Revised Rate (% p.a.) 2.75% p.a. 1 to 5 2.10 6 to 8 2.25 9 2.30 10 and above 2.25 . Revision on Base Rate and Base Lending Rate/Base Financing Rate. Latest Base Rates (BR), Base Lending Rates (BLR), and Indicative Effective Lending Rates (Indicative) of Financial Institutions. Better reflect changes in cost arising from monetary policy and market funding conditions. Correspondingly, our Base Lending Rate (BLR) will be revised to 6.49% p.a. 4.