Features
Handy passbook
Keep track of your funds with ease
Daily interest earnings
Earn more with daily interest on deposit
S$100 initial deposit
Open an account with low initial deposit
Details
- Track your money at a glance with a passbook
- No fall-below fee
Eligibility
- 15 years old and above
- Singaporeans, Singapore PRs and foreigners
- NRIC/Work Permit/Employment Pass/Student Pass is required
An insured deposit under the Deposit Insurance Scheme. Insured up to S$100K by SDIC.
Terms and Conditions governing deposit accounts.
Interest Rates
| Daily Balance | Interest Rates (% p.a.) |
|---|---|
| S$500 to S$49,999 | 0.100 |
| S$50,000 to S$2,000,000 | 0.150 |
- Rates are only indicative and subject to change at any time without prior notice.
FAQ
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What are the benefits of a Savings Account?
The Savings account offers a convenient passbook to help you easily monitor your funds.
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What is the minimum deposit amount required to open a Savings Account?
Savings Account minimum initial deposit is S$100
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What is the savings interest rates under Savings Account?
Interest (p.a.)
0.100% for Daily Balance S$500 to S$49,999
0.150% for Daily Balance S$50,000 to S$2,000,000 -
What is the eligibility to open a Savings Account?
Individuals aged 15 years or above, including Singaporeans, Singapore Permanent Residents (PRs), and foreigners with valid work permits, are eligible to open a Savings Account.
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How to open a Hong Leong Finance Savings account?
Visit the nearest Hong Leong Finance branch with your NRIC, Work Permit, Employment Pass or Student Pass and the document required. Click here to find Branch nearest to you.
Documents Required:
~ NRIC (Singaporeans and Singapore PRs)
~ Passport and Work Permit (Foreigners*)
* Either one of the documents below for proof of local address:
Utility Bill or Telephone Bill or Bank / Credit Card Statements or Rental Agreement -
Is the Savings Account insured under SDIC?
Yes, Savings Account is insured up to S$100,000 by Singapore Deposit Insurance Scheme (SDIC).
