Negotiable Instruments of Deposit (NID)

Negotiable Instruments of Deposit (NIDs) are investments that provide a principal guarantee on the capital invested if held to maturity, offering investors a secure investment with a predetermined rate of return. Key features include:

• 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 NID for a pre agreed tenor/maturity. Early redemption may result in a loss of part of the initial investment amount. 
• Fixed Tenor and Returns: Capital are committed for a fixed period, in exchange for a predefined rate of returns. The returns may be paid periodically (e.g., quarterly, semi-annually, or annually) based on the product structure.

This product is NOT protected by Perbadanan Insurans Deposit Malaysia. 

Suitable for: Defensive investors