SP Blogger » Public Bank

Malaysia Hire Purchase Rate (Car Loan) ~ Updated 15-03-2010

spBlogger — Mon, 15 Mar 2010 14:32:55 +0000

Banking Institution	Margin of Financing (max, %)	Financing Tenure (max, months)	Fixed Rate Term Charges (& p.a.)		Admin Charges (RM)	Late Payment Charges (% p.a.)
Banking Institution	Margin of Financing (max, %)	Financing Tenure (max, months)	Minimum Rate/Range	APR for Minimum Rate	Admin Charges (RM)	Late Payment Charges (% p.a.)
Affin Bank Berhad
	90	108	3.25 – 3.75	5.92 – 6.76	-	8.00
Alliance Bank Malaysia Berhad
	90	108	3.25 – 3.75	6.09 – 6.76	-	8.00
AmBank (M) Berhad
	0	96 – 108	3.75	6.00	-	8.00
	90	84	3.50	6.00	-	8.00
Bank Muamalat Malaysia Berhad
	90%	108	2.85	5.00	600	1.00
CIMB Bank Berhad
	90	108	3.25	5.92	-	8.00
EON Bank Berhad
	90	108	3.25 – 3.50	6.09 – 6.34	-	8.00
Hong Leong Bank Berhad
	90	72 – 84	3.40 – 3.65	6.32 – 6.70	From 50	8.00
	90	96 – 108	3.50 – 3.75	6.39 – 6.76	from 50	8.00
	90	60	3.25 – 3.50	6.09 – 6.54	From RM50	8.00
Malayan Banking Berhad
	90	108	2.70 – 4.30	5.10	-	8.00
Public Bank Berhad
	90	108	3.37 to 4.06	6.23	From 45	8.00
RHB Bank Berhad
	90%	108	3.50% to 3.75%	6.54% to 6.76%	None	8.00
	90%	108	3.25% to 3.50%	6.09% to 6.34%	None	8.00

Last updated: 15/03/2010

via: Banking Info

Malaysia Banking Fixed Deposit Rate (FD) ~ Updated 11-03-2010

spBlogger — Wed, 10 Mar 2010 12:50:55 +0000

Banking Institution	Min. Age	Senior Citizen Account	Min. Deposit (RM)		Min. Tenure (Mths)	Rates % (p.a.) Tenure (Mths)					Partial Withdrawal	Frequency of Interest Payment
Banking Institution	Min. Age	Senior Citizen Account	1 Mth	>1 Mth	Min. Tenure (Mths)	1	3	6	9	12	Partial Withdrawal	Frequency of Interest Payment
Affin Bank Berhad
Fixed Deposit		No	5000	500	1	2.25	2.30	2.45	2.50	2.75	Yes	Upon maturity
Alliance Bank Malaysia Berhad
Conventional FD	18	No	5000	500	1	2.00	2.00	1.90	1.90	2.50	No	Upon maturity
Alliance FDGold	40	Yes		30000	12					2.60	Yes	Monthly
AmBank (M) Berhad
Conventional Fixed Deposit	18	No	5000	500	1	2.25	2.30	2.35	2.35	2.75	No	Upon maturity
Am50Plus	49	Yes		5000	6			2.40	2.40	2.80	No	Monthly
InterestPlus	18	No	5000	1000	1	33.20	12.45	7.30	5.62	5.10	No	Upon maturity
AmQuantum	18	No		5000	9				2.20		No	Quarterly
Bangkok Bank Berhad
Fixed Deposit Account	18	No	5000		1	2.25	2.30	2.35	2.35	2.75	Yes	Upon maturity
Bank of China (Malaysia) Berhad
Fixed Deposit Account	18	No	5000	1000	1	2.00	2.00	2.00	2.00	2.50	No	Upon maturity
Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad
Fixed Deposit (Tenure of up to 12 months for balances below RM1 million)	21	No	5000	1000	1	2.25	2.25	2.25	2.25	2.75	No	Upon maturity
CIMB Bank Berhad
Fixed Deposit		No	5000	1000	1	2.25	2.30	2.35	2.35	2.60	No	Upon maturity
Fixed deposit	50	Yes	5000	1000	1	2.25	2.30	2.35	2.35	2.60	No	Upon maturity
Citibank Berhad
Time Deposit	18	No	5000	1000	1	2.00	2.00	2.00	2.00	2.50	Yes	Upon maturity
Deutsche Bank (Malaysia) Berhad
Fixed Deposit	18	No	5000	1000	1	2.00	2.00	2.00	2.00	2.50	Yes	Upon maturity
EON Bank Berhad
Normal Fixed Deposit	18	No	5000	500	1	2.25	2.30	2.35	2.35	2.60	No	Upon maturity
V50 Fixed Deposit	50	Yes	5000	500	1	2.25	2.30	2.35	2.35	2.60	No	Monthly
Earn Now Fixed Deposit	18	No		10000	3	2.25	2.30	2.35	2.35	2.60	No
Hong Leong Bank Berhad
Hong Leong Fixed Deposit	18	No	5000	500	1	2.25	2.30	2.35	2.35	2.75	No	Upon maturity
Hong Leong Senior Savers Fixed Deposits	55	Yes	30000		3		2.30	2.35	2.35	2.75	No	Upon maturity
HSBC Bank Malaysia Berhad
Time Deposit Tier 1	18	No	5000	1000	1	2.25	2.25	2.30	2.35	2.60	No	Upon maturity
J.P. Morgan Chase Bank Berhad
Fixed Deposit		No	5000		1	2.00	2.00	2.00	2.00	2.50	Yes	Upon maturity
Malayan Banking Berhad
Flexi Fixed Deposit	18	No	5000	1000	1	2.25	2.30	2.35	2.35	2.75	Yes	Upon maturity
OCBC Bank (Malaysia) Berhad
OCBC Fixed Deposit Account	18	No	5000	1000	1	2.25	2.30	2.30	2.30	2.60	Yes	Upon maturity
Public Bank Berhad
Fixed Deposit Plus	18	No	5000	500	1	2.25	2.25	2.35	2.35	2.60	Yes	Monthly
RHB Bank Berhad
RHB FD P.A.Y.S	18	No		10000	3		2.25				No	Monthly
Ordinary FD Tier 1	18	No	5000	500	1	2.25	2.25	2.25	2.25	2.60	No	Upon maturity
RHB Senior FD	50	Yes	10000	10000	12					2.60	No	Monthly
Standard Chartered Bank Malaysia Berhad
Flexi Time Deposit	18	No	5000	1000	1	2.25	2.25	2.25	2.40	2.60	Yes	Upon maturity
The Bank of Nova Scotia Berhad
Fixed Deposit	18	No	5000	1000	1	2.00	2.00	2.00	2.00	2.50	No	Monthly
The Royal Bank of Scotland Berhad
Fixed Deposit		No	5000	1000	1	2.00	2.00	2.00	2.00	2.50	No	Upon maturity
United Overseas Bank (Malaysia) Berhad
Fixed Deposit Normal	18	No	5000	500	1	2.00	2.00	2.00	2.00	2.50	No	Upon maturity
Golden Saver	50	Yes	100000	100000	1	2.25	2.25	2.25	2.25	2.60	No	Upon maturity

Last updated: 11/03/2010

via: Banking Info

Malaysia Banking Base Lending Rate (BLR) ~ Updated 10-03-2010

spBlogger — Tue, 09 Mar 2010 14:39:34 +0000

No.	Banking Institution	With Effect From	BLR (% p.a.)
1	Affin Bank Berhad	09/03/2010	5.75
2	Alliance Bank Malaysia Berhad	02/03/2009	5.55
3	AmBank (M) Berhad	10/03/2010	5.80
4	Bangkok Bank Berhad	11/03/2010	5.80
5	Bank of America Malaysia Berhad	01/03/2009	5.55
6	Bank of China (Malaysia) Berhad	03/03/2009	5.55
7	Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad	10/03/2010	5.50
8	CIMB Bank Berhad	09/03/2010	5.80
9	Citibank Berhad	11/03/2010	5.80
10	Deutsche Bank (Malaysia) Berhad	03/03/2009	5.55
11	EON Bank Berhad	10/03/2009	5.55
12	Hong Leong Bank Berhad	10/03/2010	5.80
13	HSBC Bank Malaysia Berhad	09/03/2010	5.80
14	J.P. Morgan Chase Bank Berhad	03/03/2009	5.25
15	Malayan Banking Berhad	09/03/2010	5.80
16	OCBC Bank (Malaysia) Berhad	01/03/2009	5.55
17	Public Bank Berhad	09/03/2010	5.80
18	RHB Bank Berhad	09/03/2010	5.80
19	Standard Chartered Bank Malaysia Berhad	10/03/2010	5.80
20	The Bank of Nova Scotia Berhad	05/03/2009	5.55
21	The Royal Bank of Scotland Berhad	27/02/2009	5.25
22	United Overseas Bank (Malaysia) Berhad	06/03/2009	5.55

Last updated: 10/03/2010

via: Banking Info

Malaysia Banking Base Lending Rate (BLR)

spBlogger — Mon, 30 Nov 2009 12:35:17 +0000

Plan to buy a new house or shop lot? Here is the Base Lending Rate (BLR) for Malaysia taken from Banking Info. Do you own calculation before buy any new property.

No.	Banking Institution	With Effect From	BLR (% p.a.)
1	Affin Bank Berhad	02/03/2009	5.50
2	Alliance Bank Malaysia Berhad	02/03/2009	5.55
3	AmBank (M) Berhad	10/03/2009	5.55
4	Bangkok Bank Berhad	06/03/2009	5.55
5	Bank of America Malaysia Berhad	01/03/2009	5.55
6	Bank of China (Malaysia) Berhad	03/03/2009	5.55
7	Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad	06/03/2009	5.25
8	CIMB Bank Berhad	02/03/2009	5.55
9	Citibank Berhad	10/03/2009	5.60
10	Deutsche Bank (Malaysia) Berhad	03/03/2009	5.55
11	EON Bank Berhad	10/03/2009	5.55
12	Hong Leong Bank Berhad	03/03/2009	5.55
13	HSBC Bank Malaysia Berhad	02/03/2009	5.55
14	J.P. Morgan Chase Bank Berhad	03/03/2009	5.25
15	Malayan Banking Berhad	03/03/2009	5.55
16	OCBC Bank (Malaysia) Berhad	01/03/2009	5.55
17	Public Bank Berhad	03/03/2009	5.55
18	RHB Bank Berhad	02/03/2009	5.55
19	Standard Chartered Bank Malaysia Berhad	03/03/2009	5.55
20	The Bank of Nova Scotia Berhad	05/03/2009	5.55
21	The Royal Bank of Scotland Berhad	27/02/2009	5.25
22	United Overseas Bank (Malaysia) Berhad	06/03/2009	5.55

Last updated: 21/04/2009

Should I borrow money to invest in stock market?

spBlogger — Thu, 12 Nov 2009 13:15:39 +0000

Should I borrow money to invest in stock market? Actually, the concept is the same as borrow money to buy car or house. Just that car and house is a must for our daily life and not stock. Most of us cannot afford to buy car and house in cash. And need to borrow from bank with interest changes. Same apply to share margin financing. With proper finance management, borrow money to invest in stock market does bring more revenue.

I am using Public Bank Online Share Trading with Share Margin Financing account. The minimum amount to borrow is RM50k (last time is RM100k) and with BLR – 1.8% (around 3.8% based on current BLR) per annum interest rate. Public Bank will borrow you 1.5X money based on what you have in that account ~ cash or stock value. For example, if you have RM100k cash there, you can borrow up to RM150k margin to invest. So total up as RM250k. Same apply to stock value. However, the stock value is determined by bank and not the market value. Some of the stocks do not have such value and bank does not want to take risk to lend you too much money. And if you are not able to pay back the loan, bank can force sell your stock.

Choosing the correct stock to invest is important. You don’t want to invest on a stock have only 2% dividends and without any capital gain at all. Then you need to pay 3.8% to bank. End up you are losing money at 1.8%. So make sure you pick the high dividend yield stock to invest.

Timing is another factor. With economy getting better and in the recovery road, having more money to invest is a nice move. You can easily earn more than 100% during this time. Why? Most of the stocks are undervalue and at a very attractive price. Some stocks can even go up to 300%. Therefore, you can earn a lot more with this extra money.

Borrow money == Make more money

Public Bank Online Share Trading

spBlogger — Mon, 03 Aug 2009 13:53:10 +0000

I am a Public Bank supporter. I have its 1 saving account and 2 share trading accounts (Collaterised Trading and Share Margin Financing). Too bad that I don’t own Public Bank stock. Okay, back to the topic ~ Public Bank Online Share Trading. Most of the brokers and banks provide online share trading facility. However, not all of them are the same.

Public Bank share trading account is nominate account. There is 30% discount on brokerage rate (minimum brokerage of RM12.00) when we trade online. For contract value RM100K and below, the brokerage rate would be 0.42%. While for contract value above RM100K – the brokerage rate would be 0.21%. The brokerage rate for intraday transaction will remain the same at 0.15%. Good for short-term traders.

The bad sides… I cannot buy Initial Public Offering (IPO) with this account. There is RM5.50 service charge when receive dividend payment. You will get the payment in your PB Sharelink account directly. (No need bank in the cheque yourself)

I have Maybank Online Stock account and OSK share account (OSK188) too. How about you? Do you invest in stock market?

Mudajaya Group Berhad ~ A bright future ahead…

spBlogger — Wed, 29 Jul 2009 13:18:43 +0000

Yup. Mudajaya Group Berhad is a bright new star for me. Don’t know why that it caught my eyes and make me to invest on this Construction & Engineering stock. Anyway, I own some of it now ~ a very little. OSK Research made a buy call with target price of RM2.13 (up from RM1.90) and S&P Equity Research made a strong buy call (since February 2008) with RM2.20 from RM1.80. These research firms revised the upside target price so many times. Will MUDAJYA 5085 stock price still go up? Yes, definitely! But how much, that’s the question…

MUDAJYA 5085 stock price from June 2009

Guess what? Mudajaya Group Berhad just got another new project. See below announcement taken from Bursa Malaysia…

The Board of Directors of Mudajaya is pleased to announce that Mudajaya Corporation Berhad, a wholly-owned subsidiary of the Company has on 28 July 2009 been awarded a contract for the construction of a hospital in Pahang for a total contract value of RM75,388,000.00 (“the Project”) by Mudajaya-Takdzim Joint Venture, which was awarded the said project by Takdzim PMC Sdn. Bhd. on 27 July 2009.

Back to the question, how much can MUDAJYA 5085 go up? The price is RM1.79 as at 29 July 2009.

Tanjong Plc ~ how high can you reach?

spBlogger — Mon, 27 Jul 2009 13:58:20 +0000

Tanjong Plc is one of the 30 FBM KLCI stocks. It is independent power producer and Malaysian number forecasting operator (lottery). It is a good defensive stock because of its attractive 6.28% dividend yield (based on RM14.30 market price). With current fixed deposit rate of 2.5% per annual, Tanjong Plc is good to invest due to its good track of historical dividend payout.

Tanjong Plc performance since June 2009

I started to study the research done by OSK Research, Standard & Poor’s (S&P) Equity Research by Public Bank and Maybank Investment Bank. The 12-month target prices given by these research firms are about the same RM18.60, RM17.00 and RM17.60. I checked back the previous recommended target price. OSK Research gave a very aggressive price that cannot be reached. S&P is still okay to follow but failed to reach too. Why? It is all because of other factors like economy, politics. Therefore, we should only use it as guidance. Study and make your own decision.

What price should we sell? Nope. I don’t sell attractive dividend yield stock. We should keep it unless the company is not performing anymore. The question we should ask… What price should I buy? Buy at the discounted price during economy downturn. Normally, people stay away from stock market. But that’s the best time to buy these high dividend yield stocks actually.

Best Malaysia bank to deposit US cheque

spBlogger — Mon, 13 Jul 2009 12:12:22 +0000

I got the best Malaysia bank to deposit US cheque rate from LowYat website.

Hong Leong Bank:
RM50 + RM10 (courier) + USD75 (Citibank Delaware)

Maybank::
RM25 + USD10 0.1% of the cheque (min: RM25.00, max: RM100). USD15 + unknown charge from the overseas bank

Public Bank:
0.1% of cheque amount (min: RM20, max: RM100) Postage: RM5 Stamp duty: RM0.15

HSBC:
RM11

EON Bank:
RM10

CIMB:
0.1% charge (min: RM5, max: RM100) Postage: RM5 Stamp duty: RM0.15
Note: You can deposit your check to the home branch only. But, you can mail your check to your BCB account’s home branch for bank-in.

RHB:
Postage: RM5.00 Stamp Duty: RM0.15 Commission: 0.1% of your cheque amount (minimum RM 10.00 and maximum RM 100.00)

Standard Chartered Bank:
0.01% of cheque amount OR min RM 50.

Bank Muamalat:
RM5

Alliance Bank:
~RM70

Southern Bank:
RM30 + RM0.15 stamp duty.

Some of the process fees are cheap while some are very expensive. I have 3 bank account from the list above, Public Bank, Maybank and HSBC. Among 3 of them, HSBC processing fee is the cheapest ~ RM11. Why do I need to find the cheapest rate? I have a USD 20.63 cheque to clear. And I don’t want to waste the money for bank fee.

I bank in the US cheque in HSBC. It took exactly 1 month to clear the cheque. And charged RM 11.65 as processing fee. Hmm… I still prefer Western Union or PayPal payment. It is lot faster and easier. No need to show up at bank to get the payment. And no processing fee also…

How to payback PTPTN loan online?

spBlogger — Sun, 14 Jun 2009 00:00:04 +0000

How to payback PTPTN loan online? It is much easier to pay PTPTN repayment now. We can pay it online using FPX service. There is lot of Internet banking that we can select from like Maybank, Public Bank, CIMB, Bank Islam, Hong Leong Bank, RHB… The entire PTPTN repayment process takes less than 5 minutes to complete using online method. Isn’t that great? Note – RM0.50 charges incur for FPX service.

How to payback PTPTN loan using online method? No worry. Just follow the steps given at PTPTN E-FES website. It is as easy as ABC. But you need to have Internet banking account first. Then, you don’t need to go to bank to pay PTPTN loan repayment already.

Of course… The better is that we don’t need to pay it back at all.

7th Google AdSense payment received

spBlogger — Fri, 12 Dec 2008 06:38:29 +0000

Yes. My 7th Google AdSense payment received. I forgot to post it after withdrew it using Western Union at Public Bank. By the way, I also forgot to mention that the clerks at Public Bank are interested to make money online too. They asked me how I got this money. They are really curious and serious on the payment that I have.

By the way, do you trust me that I earn this Google AdSense payment every month? I am good in Adobe Photoshop. I can make the payment picture easily with Photoshop.

6th Google AdSense payment using Western Union

spBlogger — Wed, 29 Oct 2008 11:50:30 +0000

6th Google AdSense payment? Are you sure? Wow… I don’t believe that I still manage to get Google AdSense payment on monthly basis. Thanks to all my fellow readers. Without all of you, I am nothing.

As usual, I get my Google AdSense payment using Western Union. And I used Public Bank Western Union service to withdraw it this morning. The Public Bank staff who served me for the pass 3 times finally asked me, “What is this payment? How do you get it?” This is the power of blogging! You get pay when you blog.

6th Google AdSense payment

Hmm… My Google AdSense earning for October is lesser than this one. Just reach USD 109 today. Left 3 days more to go. Hopefully, it can pass USD 120. Need to work hard to earn more. Cannot be lazy anymore. Need to work… Work… Work…

5th Google AdSense payment with Western Union

spBlogger — Sat, 11 Oct 2008 07:19:20 +0000

Google treats me very nice this few months. I am getting payment from Google AdSense on monthly basis. Hopefully, the earning will continue to grow day by day…

5th Google AdSense payment

I am using Public Bank Western Union service to withdraw this payment. The USD currency is getting stronger. Or Malaysia Ringgit is getting weaker? Anyway, I am getting more from it.

4th Google AdSense payment received

spBlogger — Wed, 10 Sep 2008 13:06:55 +0000

Yeah… This is my first Google AdSense monthly payment. I managed to earn more than US$100 on July 2008. August is another record too. Hopefully, I can break the record on this month.

First Google AdSense monthly payment

Hmm… How to earn more money everyday? Today better than yesterday…

Public Bank Western Union Rate is low

spBlogger — Sat, 06 Sep 2008 04:18:50 +0000

Finally, I got my Google AdSense payment from Western Union. I used Public Bank Western Union service this time. Oh, Public Bank is filled of people every day. Getting a very long queue before me. However, the service is fast.

But… But… But… The Western Union rate offered by Public Bank is low. That day foreign exchange rate is US$ 1 == RM 3.4220 for buying. But Public Bank only offers as low as US$1 == RM 3.3575. Wow, that’s around 2% less. I remembered that CIMB Bank offers better rate compare to Public Bank.

Will try withdrawing at CIMB Bank next time to confirm this. Or do you know which bank offer the best Western Union rate in Malaysia?