Enjoy greater returns with better rates and bonuses up to 30% each year! The only savings plan that enables you to save and keep a fixed amount of money in your account for 24 months to reach your target speedily. Be it for vacations, wedding plans, children's education or retirement, you won't regret saving with us. Start now, with a minimum of RM50 to reach your target!
» Individuals aged 18 years old and above.
» Individual Account
» Joint Account
» You can open the account at any BSN Branch.
» Your Passbook will be issued immediately.
» Government Servants and Staff of Firms may contact the nearest BSN Branch
to open account, in a group.
» Customers can have MORE than one SEDAR Account.
» Constant and attractive returns.
» Minimum opening amount for savings is only RM50. You will need to continuously credit RM50 every month
to your SEDAR Account until the 24-months contract expires.
» Your monthly savings must be credited to your SEDAR Account within the first seven (7) days of each month
to be entitled for the interest rate of the said month. Each savings will receive the benefit of rate that is
calculated upon the minimum monthly balance and interest will be credited to your account annually.
» Savings can be performed via Salary Deduction, Standing Instruction or at BSN Counter.
» Withdrawals are not permitted within the 24-months contract.
Note: BSN reserves the right to amend any Terms & Conditions from time to time.
BSN SEDAR Account Interest Rates & Bonus (Effective 8 May 2009)
|Savings Period||Annual Interest Rate||Bonus|
|First Year (12 months)||2.5%||15% bonus upon interest received|
|Second Year (24 months)||2.5%||30% bonus upon interest received|
|Subsequent Years||2.5%||30% bonus upon interest received|
» Interest and bonus will be credited to your SEDAR Account after 12 months and 24 months.
» Once your 24-months contract expires,you are not allowed to continue your savings in SEDAR Account.
» However, you will be able to enjoy higher returns upon your account balance in the subsequent years.
» If you would like to continue and enjoy the SEDAR Account rates, you will need to open a new account.
» View all banking Rates & Charges.