[MONEY] Comparing FD/TD Rates (as of 19th October 2007)

In response to a few feedbacks that I have received from my earlier post "[MONEY] FD/TD over Investments", I decided to consolidate a list of FD/TD interest rates of major banks and finance companies in Singapore, for your comparison.
Note:
For Hong Leong Finance, the rate is based on a promotion and on S$20,000.00 which is also the minimum amount.
For Sing Investments & Finance, there is the standard FD rate and an existing promotional rate as of 1st of October 2007 until closing date (not declared).
For NTUC Thrift, individual will need to subscribe as a Thrift member. Additional 0.2% on the interest rate for Senior (above 50 years old) and Junior (below 18 years old).
Some banks impose a penalty on the principal sum on premature withdrawal of deposits.

$

Interest Rates (% p.a.) of Fixed/Time Deposits

based on SGD$10,000.00 as of 19th October 2007

Shaded YELLOW refers to the best rate

Shaded GREEN refers to the next best rate

	Interest Rate (% p.a.) (On SGD$10,000.00 as of 19th October 2007)
Bank/Finance Company	10-month Tenor	12-month Tenor	18-month Tenor	24-month Tenor
Singapura Finance	1.125	1.800	1.800	1.800
DBS/POSB Bank	0.700	0.825	0.925	0.925
UOB Bank	0.700	0.825	0.925	0.925
OCBC Bank	0.700	0.800	0.925	0.925
Maybank	N.A.	0.875	1.000	1.000
Bank of India	N.A.	1.875	N.A.	N.A.
India Overseas Bank	N.A.	1.875	N.A.	N.A.
HSBC Bank	N.A.	0.800	N.A.	N.A.
Hong Leong Finance (Mid-Autumn Festival Promo - minimum SGD$20,000.00)	N.A.	2.000	2.100	2.150
RHB Bank	N.A.	1.250	1.250	1.375
NTUC Thrift	N.A.	2.420	2.450	2.560
Sing Investments & Finance	N.A.	1.750	1.750	1.750
Sing Investments & Finance (Promotional as of 1st October 2007)	2.500	N.A.	2.550	2.750

Above listed banks/finance companies are registered under MAS and subscribed to Singapore Deposit Insurance Company (SDIC) to protect your principal sum up to a maximum of S$20,000.00. See all listed members of SDIC.

With the participation in SDIC, it is therefore important to know that should your deposit be more than S$20,000.00, e.g. S$25,000.00. Should anything happen to the bank/finance company, only the S$20,000 is insured and returned in full, while the remaining S$5,000 is not insured, and up to the individual to file claims to the liquidator. People who want to "play the game" safely, can consider depositing up to the maximum of S$20,000.00.

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Singapore Money Fixed+Deposit Time+Deposit Interest+Rate MAS SDIC