Posb Fixed Deposit

  • HL Bank fixed deposit board rates. Minimum of S$50,000 for minimum one-month placement.
  • POSB Bank 2 Year Fixed Term Deposit. The rate of 1.40% is 0.42% higher than the average 0.98%. Also it is the highest rate for this term period 1.40 Updated Aug, 2019. The rate of 1.40% is 0.42% higher than the average 0.98%. Also it is the highest rate for this term period 1.40 Updated Aug, 2019.
  • Holistic Wellness Toolkit for Corporates. Empower your business with the right tools for a secure future. Make every day easier with DBS PayLah! Get rides, book tickets, order meals, find your favourite DBS/POSB card rewards! Multiplying is easier for everyone now.

Updated OCT 2020

POSB Fixed Deposit Interest Rate

POSB Bank (formerly Post Office Savings Bank) is one of the largest local banks in Singapore that was established back in 1877. It is today part of the DBS Group, a Singaporean financial services group that operates in 15 markets including Honk Kong, Taiwan and China.

Tenure(Months)Board Rate (%)
S$1,000 to S$9,999
Board Rate (%)
S$10,000 to S$19,999
Board Rate (%)
S$20,000 to S$49,999
Board Rate (%)
S$50,000 to S$99,999
Board Rate (%)
S$100,000 to S$249,999
Board Rate (%)
S$250,000 to S$499,999
Board Rate (%)
S$500,000 to S$999,999
1 mth0.050.050.050.050.050.050.05
2 mths0.050.050.050.050.050.050.05
3 mths0.150.150.050.050.050.050.05
4 mths0.150.150.050.050.050.050.05
5 mths0.150.150.050.050.050.050.05
6 mths0.200.200.050.050.050.050.05
7 mths0.400.400.050.050.050.050.05
8 mths0.600.600.050.050.050.050.05
9 mths0.950.950.050.050.050.050.05
10 mths1.101.100.050.050.050.050.05
11 mths1.101.100.050.050.050.050.05
12 mths1.151.150.050.050.050.050.05
18 mths1.301.300.050.050.050.050.05
24 mths0.900.900.050.050.050.050.05
36 mths0.850.850.050.050.050.050.05
48 mths0.750.750.050.050.050.050.05
60 mths0.750.750.050.050.050.050.05

Check Out September 2020 Best Fixed Deposit Accounts Singapore

Deposit Details

Posb Fixed Deposit Promotion 2020

8 mths12 mths18 mths
$1k to <$20k0.60% p.a.1.15% p.a.1.30% p.a.

Enjoy 0.60% p.a. for 8 months fixed deposit

Interest rates are applicable for minimum placement amount of $1,000 and maximum amount of $19,999

Interest rates for tenors of 8 months and below are applicable for all customers

Deposit

Receive 1.30% p.a. for 18 months fixed deposit

Receive 1.15% p.a. for 12 months fixed deposit

Posb fixed deposit for senior citizen

Receive 0.95% p.a. for 9 months fixed deposit

Posb Fixed Deposit Interest Rate

Posb Fixed Deposit

Interest rates for tenors of 9 months and above are applicable only to rollover of existing placements at the same tenor

Placements may be made via iBanking or at any POSB branches

You are eligible for this account if you are at least 12 years old

Click here to go to POSB website for more details about POSB Fixed Deposit

Historical Chart and Deposit Rates

* Interest Rates based on highest fixed deposit rate with
maximum deposit amount of $75,000 and 3 to 18 months tenure

POSB / DBS current highest fixed deposit rate is 0.60% p.a. for 8 months tenure with maximum deposit of $19,999.

There is currently no fixed deposit promotional rate for POSB / DBS Fixed Deposits. The current highest fixed deposit rate is a POSB / DBS board rate

The current Money Lobang National Average Fixed Deposit Rates for March 2021 is 0.46% p.a.

The average monthly highest fixed deposit rate for POSB / DBS since 2018 is 1.23% p.a.

Posb Fixed Deposit Calculator

POSB / DBS has not had any fixed deposit promotional campaigns