Dear readers, in this post, let us take a look at Hong Leong Finance fixed deposit interest rates for September 2023.
Hong Leong Finance is one of the Singapore-based banks that provides fixed deposit interest rates for savers to grow their monies in a risk-free manner.
Definitely, we have the larger banks like OCBC and UOB right here in Singapore. But as I have shared on this website, it is not always a given that larger financial institutions mean higher fixed deposit rates. It is also always good to diversify one’s monies among several fixed deposit accounts for the purpose of diversification.
Hong Leong Finance Sep 23 fixed deposit interest rates are as follows:
For deposit amount of $20,000 to <$50,000: 2.90% (5-month tenure), 2.95% (8-month tenure)
For deposit amount of >=$50,000: 2.95% (5-month tenure), 3.00% (8-month tenure)
Definitely, the above fixed deposit interest rates are lower than the interest rates of the Treasury Bills, but definitely, they are respectable!
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