Features

Attractive interest rates

Gain higher earnings

Flexible tenures

Choose from 1 week to 36 months tenures to suit your needs

S$500 minimum deposit

Get started with a smaller deposit for 3 months and longer period

Details

Minimum deposits for the different tenures are:

  • S$500 for 3 months and longer
  • S$10,000 for 1 or 2 months

An insured deposit under the Deposit Insurance Scheme .

Rules and regulations governing fixed deposits.

Documents required for opening of Fixed Deposit Account are:

PRIVATE LIMITED / PUBLIC LISTED
  1. Duly signed Application Form, Phone and Fax Authorisation & Indemnity Form, Mandate, Tax Declaration & FATCA
  2. A copy of the ACRA Registration
  3. Director’s Resolution with Specimen Signatories
  4. Certified true copy of Signatories’ NRIC
  5. Certified true copy of Memorandum & Articles of Association
  6. Letter of Instruction for Opening & Placement of Funds for the Fixed Deposit Account
NON PROFIT / CHARITY ORGANISATION
  1. Duly signed Application Form, Phone and Fax Authority & Indemnity Form, Tax Declaration & FATCA
  2. Copy of ACRA Registration
  3. Certified true copy of the Charitable Incorporation Status
  4. Certified true copy of the Minutes of Meeting [to open a FD a/c with Hong Leong Finance & operation of account]
  5. Certified true copy of Constitution or By Law
  6. Mandate of Fixed Deposit Account Operation with Authorized Names, NRIC and Specimen Signatures
  7. Certified true copy of Signatories’ NRIC
  8. Letter of Instruction for Opening & Placement of Funds for the Fixed Deposit Account
MCST
  1. Duly signed Application Form, Phone and Fax Authority & Indemnity Form, Tax Declaration & FATCA
  2. Copy of ACRA Registration
  3. Certified true copy of Land Title Deed Constitution.
  4. Certified true copy of Minutes of Meeting [on the opening of Fixed Deposit Account with Hong Leong Finance and its operation]
  5. Mandate of Fixed Deposit Account Operation with Authorized Names, NRIC and Specimen Signatures
  6. Certified true copy of Signatories’ NRIC
  7. Letter of Instruction for Opening & Placement of Funds for the Fixed Deposit Account

Note: The above is subject to changes and additional documentation may be required depending on the structure of the organisation.

Eligibility

  • Singapore-registered entity
  • MCSTs, Town Councils, Charities and Non-Profit Organisations

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