HSBC Singapore Time Deposit Interest Rates

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HSBC bank has a lot of banking products for the investors, which would generate good returns for the investors. Some of them are Singapore Dollar Time deposit, Foreign Currency time deposit etc which could generate the highest term deposit interest rates for the investors. The rates vary in all the banks from time to time. So you should check the latest rates periodically in related websites as well as from the bank websites.

HSBC branches are available in the following locations in Singapore. You can visit any of the branches and invest in the Singapore dollar time deposit.

  • Suntec City, Singapore

  • Claymore Hill, Singapore

  • Orchard Road, Singapore

  • Holland Avenue

  • Marine Parade Road

  • Jurong East

Features and Benefits:

  • The minimum deposit amount required to open this account is S$ 5000.

  • The deposits will be automatically renewed upon maturity. You will be assigned with the prevailing interest rates for your deposits when it is renewed.

  • You can invest the deposits for your own flexible time period.

Singapore Dollar Time Deposit Interest Rates:

Some of the latest rates available for the various schemes (as of July, 2010) are available here. You have to check the latest interest from the related websites.

Duration: 6 months

Amount: S$5,000 to S$49,999

Installments: 0.25%

Duration: 12 months

Amount: S$5,000 to S$49,999

Installments: 0.48%

Next Step: How to find the Best Interest Rates?

Get the details of the various interest rates offered by HSBC Bank in Singapore. You can find them in related websites.

Source by Balajee Kannan

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