Deposits
Singapore Dollar Fixed Deposit
The Singapore Dollar Fixed Deposit from SingFinance lets you grow surplus funds with placements starting from just S$500.
Earn high-interest on your fixed deposit in Singapore with competitive rates, no salary crediting, card spend, or bundled product conditions.
Prefer a digital-only pathway? Explore our Fixed Deposit Online product.
Singapore Fixed Deposits Made Simple
SingFinance offers competitive fixed deposit interest rates in Singapore without complicated conditions or bundled requirements.
Choose flexible placement tenors from 1 month to 60 months for your time deposit, with additional interest for senior citizen (above the prevailing board rate) available on qualifying long-term placements.
All Singapore dollar fixed deposit accounts with SingFinance are insured by the Singapore Deposit Insurance Corporation (SDIC).
Grow Your Wealth with SingFinance Fixed Deposit
The SingFinance Singapore Dollar Fixed Deposit account offers attractive interest rates on your placements. Park your excess funds with us and watch them grow. It’s easier with us.
Our Features
Our fixed deposit account is built around accessibility and flexibility, with a low entry threshold and none of the complicated conditions that often come tied to bank products.
Fixed deposit minimum placement of just S$500
Open a fixed deposit account with as little as S$500. This low entry point makes it easier for new savers and seasoned depositors alike to get started.
Senior citizen bonus on long-term placements
Senior citizens earn an additional 0.125% p.a. on fixed deposits placed for 12 months and above. The additional rate applies to placements at board rates only.
Multiple placement periods of your choice
Pick from a wide range of tenors, from 1 month right up to 60 months, so you can align the placement with your savings goals and cash flow needs.
Automatic renewals upon maturity
Set your fixed deposit to roll over automatically at maturity so your funds keep earning without manual intervention. You can update your maturity instructions at any time before the renewal date. Please note that automatic renewals will be at the prevailing board rates.
Daily Special Fixed Deposit Rates (For Personal Accounts Only)
Personal account holders can access daily special fixed deposit rates on fresh funds placed with SingFinance.
Fresh funds must first be transferred from an external bank into your SingFinance savings account, after which the corresponding amount will be deducted to fund the new fixed deposit placed online.
| Online Placement | Minimum Deposit Amount | |
|---|---|---|
| Tenor | $1,000 | $10,000 |
| 1 month | 1.05% p.a. | 1.10% p.a. |
| 3 months | 1.25% p.a. | 1.30% p.a. |
| 6 months | 1.28% p.a. | 1.30% p.a. |
| 12 months | 1.30% p.a. | 1.33% p.a. |
| 18 months | 1.33% p.a. | 1.35% p.a. |
| 24 months | 1.35% p.a. | 1.35% p.a. |
| Over the Counter Placement | Minimum Deposit Amount | |
|---|---|---|
| Tenor | $10,000 | |
| 1 month | 1.05% p.a. | |
| 3 months | 1.25% p.a. | |
| 6 months | 1.28% p.a. | |
| 12 months | 1.30% p.a. | |
| 18 months | 1.33% p.a. | |
| 24 months | 1.35% p.a. | |
* The above rates are subject to change without prior notice.
* Applicable to personal accounts & fresh funds only.
* Terms & Conditions apply.
Fixed Deposit Board Rates (For Personal & Business Accounts)
| Minimum Deposit Amount | ||
|---|---|---|
| Tenor | $500 to < $50,000 | $50,000 & Above |
| 1 month | 0.05% p.a. | 0.10% p.a. |
| 3 months | 0.10% p.a. | 0.15% p.a. |
| 6 months | 0.15% p.a. | 0.20% p.a. |
| 9 months | 0.20% p.a. | 0.25% p.a. |
| 12 months | 0.25% p.a. | 0.30% p.a. |
| 15 months | 0.30% p.a. | 0.35% p.a. |
| 24 months | 0.30% p.a. | 0.35% p.a. |
| 36 months | 0.30% p.a. | 0.35% p.a. |
| 48 months | 0.30% p.a. | 0.35% p.a. |
| 60 months | 0.30% p.a. | 0.35% p.a. |
*The above rates are subject to change without prior notice.
Calculate Your Interest
Curious about what your placement could earn? Use our interest calculator to estimate potential returns based on your placement amount and chosen tenor.
Adjust the inputs to compare different combinations and find the option that best matches your savings goals.
*This calculator provides an estimate only. Actual interest earned may vary based on number of calendar days in a month and rate changes. Interest rates are subject to change without prior notice.
How to Place Your Fixed Deposit with SingFinance?
You can place a SingFinance fixed deposit either online via the SIF Mobile app or in person at a branch. Choose the pathway that suits you best.
If you do not yet have a SingFinance account, you can complete the entire setup digitally through our mobile app.
Existing customers with an active fixed deposit or savings account can place a new fixed deposit in just a few taps.
Fixed Deposit Maturity Instructions & Options
At maturity, you have full control over what happens next with your fixed deposit. Choose from the following options based on your savings strategy:
Why Choose SingFinance Fixed Deposit?
SingFinance brings together institutional credibility, regulatory protection, and a straightforward approach to deposit-taking. Here is what sets our fixed deposit account apart.
- MAS-regulated and licensed: SingFinance operates under the Finance Companies Act and is regulated by the Monetary Authority of Singapore, which is distinct from the Banking Act that governs commercial banks. The same prudential and conduct standards apply to deposit-taking activity.
- SDIC deposit insurance protection: Singapore dollar fixed deposit placements with SingFinance are insured by the Singapore Deposit Insurance Corporation for up to S$100,000 in aggregate per depositor per Scheme member by law. This is the same level of protection that applies to deposits at Singapore banks. Learn more on our Deposit Insurance (SDIC) page.
- Trusted track record since 1964: Incorporated in Singapore in 1964 and listed on the Singapore Exchange since 1983, SingFinance has served local depositors for six decades. Find out more about SingFinance.
- Security-focused product range: Beyond fixed deposits, we offer the GoVault Account, an anti-scam savings account designed to protect your funds from unauthorised access.
Deposit Insurance Scheme
Deposit Insurance
Click here to learn more about the Deposit Insurance and Policy Owners’ Protection Schemes Act 2011.
Terms & Conditions
Other Related Products
Frequently Asked Questions About
Fixed Deposits
For visitors comparing complementary products, the GoSavers Account and GIRO Saver Account offer flexible alternatives without a fixed tenor.
Visit our FAQs page for more frequently asked questions.