HSBC Fixed Deposit Interest Rates in Singapore – Value for Your Money

Before jumping onto rates of interests on various kinds of deposits, I think it is important to have a basic know how of what exactly time deposits are. If you already know, just brush up on that knowledge with me. A time deposit is a money deposit with a bank which cannot be withdrawn at the whims and fancies of the investor. There is a strict time limit that needs to be followed before withdrawal. Usually, more the time involved, more are the returns. Now, certificates of deposits and fixed deposits are the two kinds of time deposits or according to some “term deposits”.

The current interest rate being offered by HSBC Singapore is the best as far as time deposits in the market are concerned. They are offering the highest rates in the market. The HSBC Singapore has many branches where you could just walk in to invest your money. Some of them are:

  • HSBC Claymore Branch, claymore hill, Singapore,
  • HSBC Marine Parade Branch, Marine Parade, Singapore.
  • HSBC Jurong Branch, Jurong East Street, Singapore.

The rest of the branches of the bank can be located from their website.

Higher rates of interest are a boon for investors. They would be able to get higher rates of interest at the same amount of investment. The interest rates are changed periodically and you can keep a track of such changes from the website of HSBC Singapore. Investing in Singapore Dollar Deposits will get you smart incomes of extraordinary returns.

So if you are opting for fixed deposits this is the best option for you. HSBC is a reputed bank and you need to just visit them to get a loan. They have various loan packages and you can select the best one for you. So wait for a while before you opt for any other bank as you can get the best interest rates loan from HSBC Singapore.