Long Term Savings: Preparing financial needs for the future

10 November 2023

Save Funds for the Future with Maybank My Plan Savings

More Information

A life full of challenges and changes requires careful preparation for future funding. One wise step is to create long-term savings. Long-term savings have an important role in preparing funds for future needs.

Long-term savings have benefits for achieving your dream financial goals. Long-term savings help plan and achieve financial goals in the future, such as buying a house, funds for marriage, funds for Umrah/religious activities, preparing for children's education or a decent retirement in old age. The funds accumulated from these savings can become capital to achieve your dreams.

TLong-term savings require careful planning in accordance with financial goals. Here are some tips and strategies that can be implemented:

  • Set clear goals
  • Identify your long-term financial goals, such as retirement, children's education or major investments. Setting clear goals helps you calculate how much you need to save each month.

  • Make an estimate
  • Create a realistic budget to allocate a portion of your income for long-term savings. Set an amount you can consistently save each month.

  • Utilize Autodebit Facilities
  • Use the auto debit facility feature from your savings account every month. This helps you be disciplined in setting aside money for savings.

Maybank MyPlan Savings adalah salah satu pilihan yang cerdas untuk membangun tabungan jangka panjang. Berikut adalah beberapa fitur yang dapat dimanfaatkan:

1.   Various choices

Maybank MyPlan Savings comes in various options to suit your needs and preferences, such as: Maybank MyPlan Savings and Maybank MyPlan Plus Savings.

2.   Light Administration Fees

Maybank MyPlan Savings offers affordable administration fees. Effective 3rd January 2022, the monthly administration fee is only IDR 5,000.

3.   Autodebet System

utomatically every month funds will be transferred from the source account. One source account can be connected to up to 9 term savings accounts.

4.   Insurance Protection Benefits

Maybank MyPlan Savings also provides insurance protection benefits, providing an additional sense of security for you and your family.

5.   Available in Shariah

For those who want financial solutions that comply with Sharia principles, Maybank MyPlan Savings is also available in Sharia form.

To be able to take advantage of the various features above, you can open Maybank MyPlan Savings via the M2U ID App easily and quickly.

For information on how to open Maybank MyPlan Savings, you can see this page.

Come and open Maybank MyPlan Savings , now. Prepare funds to maintain your finances in the future with Maybank!

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