• Term Investment Account-i

Term Investment Account-i (TIA-i) is a shariah compliant investment account which offers potentially higher returns with a minimum placement of RM1,000 and no placement fee. Actual returns will be declared monthly based on the actual performance of the investments. Visit any CIMB branch to start investing in TIA-i.

Potentially higher returns

No placement fee

Stable investments with low risk

Profit sharing between bank & customers

Affordable with a minimum investment of RM1,000

  • The investor shall be entitled to 50% of the accrued profit (if any) for any investment uplifted before maturity.
  • Automatic renewal upon maturity.
  • The product is based on the Profit Sharing concept. 

 

Eligibility:

  • All business enterprises and corporations

 

Documents:


Partnerships

  1. Original Identity Cards of Partners
  2. Original Business Reg. Form A or B + D
  3. Bank’s Partnership Mandate Form
  4. Photocopies of Identity Cards of all Partners & Business Reg. Forms

Limited Companies (Sdn Bhd)

Certified copy of the following by Company Secretary:

  1. Resolution from Board of Directors to open account & list of authorised signatories
  2. Form 24-Return of Allotment of Shares
  3. Form 49-Particulars of Directors
  4. Memorandum & Articles of Association - Certificate of Incorporation
  5. Certificate of Authority (for Public Ltd. Co. only)
  6. Obtain photocopies of Identity Cards of all authorised signatories

Executors & Administrators

  1. Grant of Probate (Executors)/Letter of Administration (Administrators)
  2. Identification documents of Executors & Administrators

Representative Office Account

Certified copy of:

  1. Resolution from the Rep. Office’s Head Office to set up office and open account
  2. Letter from Rep. Office’s Head Office bankers (overseas) certifying resolution & existence of Head Office
  3. Letter of approval from the relevant local authority to set up office in Malaysia
  4. Obtain photocopies of Identity Cards/ Passports of all authorised signatories

 

 


Clubs/Associations/Societies,  Mosques and Other Religious Bodies

Certified copy of:

  1. Resolution of Committee Members authorising opening of account & list of authorised signatories
  2. Authority letter for Clubs/Societies
  3. Rules & Regulations of Clubs/ Associations including by-laws
  4. Photocopies of Identity Cards of all authorised signatories

Private Schools/Colleges

Certified copy of:

  1. Resolution of Board of Directors to open account and list of authorised signatories - Form 24- Return of Allotment of Shares
  2. Form 49-Particulars of Directors
  3. Memorandum & Articles of Association

Government Schools

  1. Request letter to open account issued by the State Education Department
  2. Certified copy of Board of Governors’ resolution to open account & list of authorised signatories
  3. Obtain photocopies of Identity Cards of all authorised signatories

Joint Venture Account

Certified copy of:

  1. Resolutions from all JV partners to open account & list of authorised signatories
  2. Joint venture agreement
  3. Memorandum & Articles of Association of all JV partners (local or foreign)
  4. Form 24-Return of Allotment of Shares
  5. Form 49-Particulars of Directors
  6. In the case of foreign company, a letter from the foreign company’s bankers certifying the resolution, memorandum & existence of company
  7. Photocopies of Identity Cards/ Passports of all authorised signatories

 

 

 

  • Not eligible for Perbadanan Insurans Deposit Malaysia (PIDM) protection.
  • Profit payment can be made via funds transfer to any CIMB Current Account/-i.

 

Detail   Non-Promotional
Indicative Profit Rate
  3.3% p.a.
Tenure   6-month
Minimum investment   RM1,000
Profit Sharing Ratio (PSR) to investor   50% or more
Promotional period   From 3 Sep 2018


Types of Charges Charge
Reproduction/Re-print of Statements for TIA-i for any period
RM 2.00 (per page)



IMPORTANT / DISCLAIMER

THIS IS AN INVESTMENT ACCOUNT PRODUCT THAT IS TIED TO THE PERFORMANCE OF UNDERLYING ASSETS AND NOT A DEPOSIT PRODUCT.

WARNING

THE RETURNS ON THIS INVESTMENT ACCOUNT WILL BE AFFECTED BY THE PERFORMANCE OF THE UNDERLYING ASSETS. THE PRINCIPAL AND RETURNS ARE NOT GUARANTEED AND ACCOUNT HOLDER RISKS EARNING NO RETURNS AT ALL. IF THE INVESTMENT IS REDEEMED EARLY, ACCOUNT HOLDER MAY SUFFER LOSSES IN PART OR THE ENTIRE PRINCIPAL SUM INVESTED. THIS INVESTMENT ACCOUNT IS NOT PROTECTED BY PERBADANAN INSURANS DEPOSIT MALAYSIA (“PIDM”).

 

Call Our Consumer Contact Centre:
+603 6204 7788
(or +603 2295 6100 for overseas)