SGD Fixed Deposit Account

Get higher interest for your excess cash

Minimum deposit

S$
5,000


Available in different periods

up to
36
months


Interest rate

up to
0.8
%


Fees

S$
0


Eligibility

  • Age 18 and above
  • For applicants under 18 years old, an account can
    be opened in the parent or guardian’s name
  • Singaporeans, Singapore PRs and foreigners
How to apply

The following interest rates apply for fixed deposits of up to S$999,999.

For deposits above S$1 million, please contact us at 1800 438 3333 or visit any of our branches.

 

Months

1 – 2

3 – 5

6 – 8

9- 11

Promotional rate – 12*

18

24

36

Rates (yearly)

0.05%

0.1%

0.15%

0.2%

0.8%

0.5%

0.55%

0.65%

 

*For deposits from S$20,000 to S$999,999.  All promotional interest rates and tenors are valid for a limited period only and are subject to change by OCBC Bank at its sole discretion without prior notice. The maximum placement amount for all Fixed Deposit Promotions is S$999,999 (or equivalent) in fresh funds only i.e., the funds placed must not be transferred from existing OCBC Bank deposit accounts or in the form of OCBC cheques/cashier’s orders/demand drafts

View all SGD Fixed Deposit board rates

Online and Mobile Banking

Track your spending by category

Your spending is automatically sorted by category so you know exactly where your money is going with Money In$ights.

Online security guarantee

We guarantee a full refund of any money lost due to online banking fraud.

Sunday at OCBC

Open every day at 20 branches from 11am to 7pm

A new banking experience awaits you at our 20 full-service 'Sunday at OCBC' branches.

Learn more about Sunday at OCBC

 

2 ways to apply

Via Online Banking

 For existing OCBC Fixed Deposit customers


Don't have Online Banking yet? Apply now


At a branch

Please bring along:
1
S$
5,000

for initial deposit

2
NRIC

for Singaporeans
and Singapore PRs
(if under 18, parent's NRIC)

or
EP/S-Pass

employment pass/S-pass
or student pass and passport
for foreigners


Find nearest branch to apply
Locate
 


Important notices

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.