What is the cut off time for KDI deposit? (2024)

What is the cut off time for KDI deposit?

For online deposits, it will take up to 1 to 2 working days for KDI Save to reflect the funds deposited from the daily cut-off time of 11 am every working day. For KDI Invest it will take between 4 to 5 working days and kindly note that the daily cut-off time is 8 am every working day.

What is the minimum deposit for KDI Invest?

You can make online deposits by logging into your KDI account where you will be able to transfer funds from your bank account via FPX. A minimum deposit of RM250 is required for KDI Invest while and a minimum of RM100 is required for KDI Save.

What is the return rate for KDI?

Accelerate your savings with a fixed* return rate, credited daily. Turbocharge your cash with KDI Save and enjoy top tier returns of 4.0% Effective Annual Return (EAR)*. Forget about projected returns, lock-in periods, management fees, withdrawal limits, and hassles.

Is Kenanga investment good?

In the case of Kenanga Investment Bank Berhad, it has a TSR of 77% for the last 5 years. That exceeds its share price return that we previously mentioned. The dividends paid by the company have thusly boosted the total shareholder return.

How do I withdraw money from Kenanga?

You can withdrawal at any Merchantrade branches for free. For other withdrawal method, please refer to our Product Disclosure Sheet for specific charges (if applicable).

Is versa cash safe?

Introduced in 2021 and 2023 respectively, Versa Cash & Versa Cash-i are digital cash management services that provide users competitive returns like FD, but without the troublesome restrictions: Regulated: Versa is regulated by the Securities Commission (SC) of Malaysia.

What is the minimum amount I can invest?

The minimum investment amount for a mutual fund varies depending on the fund and the type of investment. Mutual funds in India are required to give a minimum investment value of Rs. 100 for lump-sum deposits and Rs. 500 for Systematic Investment Plans (SIPs) by the Securities and Exchange Board of India (SEBI).

Is 7% a good rate of return?

A good return on investment is generally considered to be about 7% per year, based on the average historic return of the S&P 500 index, and adjusting for inflation. But of course what one investor considers a good return might not be ideal for someone else.

What is the interest rate for KDI save?

With KDI Save, you get a FIXED return of 4.0% Effective Annual Rate (EAR)*, No lock-in period. Zero fees.

Is 7 percent a good rate of return?

It comes down to the type of investments you make, your tolerance for risk, your goals, and much more. That being said, conventional financial wisdom says a good ROI is anything over 7%.

Which Kenanga fund is best?

What is the online brokerage fee for Kenanga?

What are the brokerage fees and charges to trade online? Online brokerage is fully negotiable and our standard brokerage rates are 0.42% or minimum RM28 per contract. Other charges are stamp duty (0.1% round up) fees and clearing fees (0.03%). Standard GST of 6% is applicable to brokerages and clearing fees.

What is Kenanga brokerage fee?

0.42% (Contracts below RM100,000) | 0.21% (Contracts below RM100,000)* Minimum brokerage fees. RM28. Transaction fees. RM1 stamp duty for every RM1,000**

How do I transfer money to Kenanga?

Is KDI Shariah compliant?

Note that to access KDI Save, you'll need to first sign up for a KDI account (which will also give you access to KDI Invest). Also, KDI Save is not shariah-compliant.

How do I withdraw my funds?

What is the cut off time for Versa?

Versa Cash and Invest:

If we receive your cash in before 3.00 PM on a Business Day, we will process it the same day (Mon - Fri), and within T+2 business days, your money will be in your Versa account. However, if your request is made after 3.00 PM, it will be processed on the following Business Day.

Which bank is Versa under?

Managed by Affin Hwang Asset Management, Versa is a digital cash management platform that works the same as a fixed deposit and you can start as low as RM10.

What is the difference between Versa cash and Versa cash-I?

What's the difference between Versa Cash and Versa Cash-i? With Versa Cash-i, you enjoy the same liquidity as Versa Cash. In fact, Versa Cash-i offers same business day Cash Out if you complete it before 10.00 am.

Can I invest with just $20?

Invest in fractional shares

But nowadays, you can find brokerages that will let you buy fractional shares. So, investing $20 in stocks is possible even if you don't have enough money to buy a share.

Can I invest with only $1,000 dollars?

It would be a significant amount of money to splurge and spend all at once — but is it enough to invest? The truth is, $1,000 is a great place to start investing and can make a difference in your financial health.

Can I invest with just $10?

Yes, you actually can invest with as little as $10. You can also invest in a specific company of your choice. The place to do this is Loyal3.com. Most stocks cost more than $10 per share, but Loyal3 allows you to purchase fractional shares.

How much money do I need to invest to make $3000 a month?

If your aim is to generate a monthly income of $3,000 from your investments, understanding your anticipated average return is essential. Let's imagine that you achieve a reasonable average annual return rate of 10%. In this scenario, an investment total of $360,000 would be required.

How do you get 10% returns?

Who pays most interest on savings?