Search
Back
Personal
Personal Banking Preferred Banking Private Banking
Business
Business Banking Wholesale Banking
Group
CIMB Group CIMB Group Islamic
Our Initiatives
CIMB Sustainability CIMB Foundation
Back
Countries
logo CIMB Malaysia logo CIMB Indonesia logo CIMB Singapore logo CIMB Thailand logo CIMB Cambodia logo CIMB Vietnam
Back
Insights from Chief Investment Office  
See All Insights from Chief Investment Office
Wealth Solutions  
See All Wealth Solutions
Islamic Wealth Management  
See All Islamic Wealth Management
Preferred Privileges  
See All Preferred Privileges
Exclusive Events  
See All Exclusive Events
Banking Solutions  
Accounts & Card
Financing
Remittance
Preferred Islamic Banking
Latest Promotions  
See All Latest Promotions
Regional Privileges  
See All Regional Privileges
Contact Us  
See All Contact Us
Locate Us  
See All Locate Us
You're viewing:
Preferred Banking
Other Sites
Preferred Wealth
Insights from Chief Investment Office
Wealth Solutions
Islamic Wealth Management
Preferred Experience
Preferred Privileges
Exclusive Events
Banking Solutions
Latest Promotions
Preferred Regional
Regional Privileges
Help & Support
Contact Us
Locate Us
Quicklinks
Important Notices
Preferred Terms & Conditions
Contact Us
logo
MY

What is a FRNID?

Floating Rate Negotiable Instruments of Deposit (FRNIDs) are investments that provide principal guarantee on capital invested if held to maturity, with the potential for higher returns linked to various underlying assets. Key characteristics include:

 

Click here to view the reference underlying/asset classes.

 

  • Principal Guarantee: Your initial capital is guaranteed if the investment is held until maturity. 
  • Pre-Agreed Tenor: Suitable for investors who are willing to hold the FRNID for a pre agreed tenor/maturity. Early redemption may result in a loss of part of the initial investment amount.
  • Potential Returns: Returns are tied to the performance of underlying assets. The returns (if any), may be paid periodically (e.g., quarterly, semi-annually, or annually) based on the product structure.
  • Note that fixed rate Negotiable Instruments of Deposit (NID) may also be made available.

 

This product is NOT protected by Perbadanan Insurans Deposit Malaysia.

 

Suitable for: Conservative investors

Why You Should Invest in FRNID

Enjoy

100% Principal Guaranteed

if held to maturity

Offer

Lower Risk

investment solution

Offer

Customised Solutions

to cater various market scenarios & investment views

Benefits & Privileges

  • Principal Guaranteed

    100% principal guaranteed, meaning your initial investment principal will be returned to you as long as you hold the product until its maturity.

  • Asset Classes Accessibility

    Exposure to asset classes like foreign equities, commodities, and indices, typically inaccessible to retail investors.

  • Fully Customisable

    Customised solutions with diverse payout structures as it caters diverse currencies, tenors, choice of single or a group of underlying. 

     

    Customers can choose from underlying assets ranging from lower risk, such as interest rates, to higher risk, such as equities, with potential returns without risking their principal.

What Are The Key Product Risks?

Credit Risk

  • This investment is principal guaranteed if the investment is held to maturity. This investment is NOT protected by Perbadanan Insurans Deposit Malaysia. The payment of the Principal Amount or returns (coupons) of this Investment depends upon the ability of the Bank to make such payments.

 

Market Risk

  • The returns on the Investment may be dependent upon the performance of the Underlying Asset(s). This may include the possibility that the returns on this Investment may be substantially less than expected, or even that no returns at all may result from this Investment.

 

Early Redemption Risk

  • If this investment is redeemed earlier than at maturity due to an early redemption, the investor may not necessarily receive the same redemption price as if it were to held to maturity, including the possibility of some degree of principal loss. 

Eligibility & Requirements

Minimum investment amount of RM65,000

Important Notes

This material has not been reviewed by the Securities Commission Malaysia (“SC”).

WARNING
THIS PRODUCT IS PRINCIPAL GUARANTEED BY THE ISSUING BANK UPON MATURITY ONLY. IF THE PRODUCT IS REDEEMED OR SOLD PRIOR TO MATURITY, THE CUSTOMER MAY LOSE PART OF THE INITIAL DEPOSIT AMOUNT. THE RETURNS ON THIS PRODUCT ARE UNCERTAIN AND THE CUSTOMER RISKS EARNING NO RETURNS AT ALL. THE CUSTOMER IS REMINDED THAT THIS PRODUCT IS NOT INSURED BY PERBADANAN INSURANS DEPOSIT MALAYSIA.

MEMBER OF PIDM.

For further information, please contact your relationship manager or visit any of our CIMB branches.

Need More Information?

Contact Us

Find resources to solve simple issues you may face

Email Us

Drop us an email and we'll get back to you

Visit A Branch

Visit us at our branches nationwide

Call Us At

Local: 1300 885 300

Overseas: +603 2295 6888

(Available 24 hours)

 

More Options

You are about to enter a third party website & CIMB Group's Privacy Policy will cease to apply.

This link is provided for your convenience only and shall not be considered or construed as an endorsement or verification of such linked website or its contents by CIMB Group.

 

CIMB Group makes no warranties as to the status of this link or information contained in the website you are about to access.

 

Do you wish to proceed?

Yes, please proceed