| BASIC Wadiah Savings Account-i |
| Simple, and as the name suggests - a basic savings account governed by Shariah principles that gives you hassle free access to essential banking services that meets general banking needs at a minimal deposit |
Eligibility
- All Malaysian citizens or permanent residents following any of the criteria below:
| If it is a ...account |
Opened in the name of... |
And the mode of operation is... |
Eligible for PB BankCard? |
| Personal |
Individual |
|
Yes |
| Joint |
Two or more individuals |
Either one to sign |
Yes |
| Jointly to sign |
No |
|
- All Malaysian citizens and permanent residents aged 55 years old and above are also allowed to open a Basic Wadiah Savings Account-i.
- Minimum amount of deposit required to open account is RM20-00.
Other Terms/Benefits
- Deposits received are invested in accordance to the Shariah principles and Hibah (profit) from the return of investment may be given to customer, at the Bank's discretion.
- Hibah (if any) is credited into the customer's account every month.
- Earn Hibah irrespective of account balance.
- Free Bankcard/ATM card (i.e no annual fee of RM8). For joint account, only one Bankcard/ATM card will be issued.
- Minimum balance in the account must be RM20-00.
- A specially designed Savings Account Passbook is issued for each account opened.
- Accessibility to over 3,400 MEPS ATM and Public Bank/ Public Islamic Bank branches throughout Malaysia.
- Easy access to the account via PBeBank.com.
Terms & Conditions Apply
This is an eligible deposit covered by PIDM.
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