India International Bank (Malaysia) Berhad (IIBM) announces cut in its Domestic fixed Deposit rates by 10 basis point effective 01st November 2020, in line with the current market conditions
Domestic Fixed Deposit Rates:
| Tenor | Current IIBM Rates | Revised IIBM Rates |
| 1M – 2M | 1.80 | 1.70 |
| 3M - 5M | 1.85 | 1.75 |
| 6M – 11M | 1.90 | 1.80 |
| 12M – 24M | 1.95 | 1.85 |
| 36M | Negotiable | Negotiable |
| 48M | Negotiable | Negotiable |
*With effect from 01st November 2020 & for up to RM 5.00 Mio
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