They no longer offer products linked to fixed deposit rates and have increased FDMR. ![]() OCBC defines FDMR15 as the 15-month fixed deposit rate for OCBC Bank individual customers for amounts within S$5,000 to S$20,000 or such other sum as may be determined by them. OCBC 15-month Fixed Deposit Mortgage Rate (FDMR15) UOB defines FDPR14 as the 14-month fixed deposit rate for amounts less than S$50,000 or such other sum as they specify. Currently, FDPR14 is at 0.25% FDPR36 were recently increased. UOB 14-month Fixed Deposit Property Loan Rate (FDPR14) Currently, FHR9 is at 0.50% after a hike. DBS defines FHR9 as the 9-month fixed deposit rate for amounts within S$1,000 to $9,999 or such other sum as they may specify. How do you distinguish? Let’s look at how each bank define their home loan fixed deposit rates DBS Fixed Deposit Home Rate 9 (FHR9)Īnnounced on 1 April 2017, DBS is launching mortgage products pegged to a new base rate, FHR9. Today, 5 banks, mainly DBS, UOB, OCBC, Standard Chartered and Maybank are competing in the market with their attractive home loans.Įach has its own unique points. Singapore banks have launched various home loans pegged to fixed deposit rates since 2015, which was first launched by DBS.
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