Change Fixed Deposit Maturity Instructions

Learn how you can change Maturity Instructions for DBS Fixed Deposit Account via digibank online and digibank mobile.

Important information

  • Change of maturity instructions will not be allowed on the day of maturity. The principal and interest will be renewed automatically based on the same tenor at the prevailing interest rate, unless you provide us with other instructions at least 1 working day before the maturity via digibank.
  • SGD Fixed Deposit interest rates for new placements and renewals will be computed based on the Total SGD Fixed Deposit Balances, instead of each placement and/or renewal.
    • My Fixed Deposit account has 2 placements which sum up to S$100,000 (S$30,000 + S$70,000). What is the applicable interest rate for each renewal?
      The total Fixed Deposit account balance is S$100,000 (S$30,000 + S$70,000). Hence, interest rate corresponding to the $100,000 - $249,999 range will apply.


    • I have an existing placement of S$50,000 in my single name Fixed Deposit account and another S$50,000 in a joint Fixed Deposit account. What is the applicable interest rate for each renewal?
      The placements are in different SGD Fixed Deposit accounts. Hence, interest rate corresponding to the $50,000 - $99,999 range will apply for each renewal.


  • Foreign Currency Fixed Deposit interest rates for new placements and renewals will be based on prevailing interest rates.
  • Learn more on the Fixed Deposit placement rates.
  • For earmarked Fixed Deposits, please visit any DBS/POSB branch to update your maturity instructions.

How to Change Fixed Deposit Maturity Instructions

digibank online
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Step 1
Log in to digibank online with your User ID & PIN.
2
Step 2
Complete the Authentication Process.
3
Step 3
Select Request and click on More Requests.
4
Step 4
Under Other Services, select Change Fixed Deposit Maturity Instruction.
5
Step 5
Select your Fixed Deposit Account that you wish to change maturity instructions for and select the Deposit Number to change its maturity instruction.
6
Step 6
Select your preferred Maturity Instruction.
7
Step 7
Tick on the Agreement Box and click Next.
8
Step 8
Verify the details and click Submit to complete the changes.
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For customers with ATM/Debit/Credit Card

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1
Step 1
Log in to your digibank mobile with your Touch / Face ID or digibank User ID & PIN.
2
Step 2
Select Deposits and tap on your Fixed Deposit Account.
3
Step 3
Select the Fixed Deposit that you wish to change maturity instructions for.
4
Step 4
Ensure the fixed deposit details are correct and tap Change Maturity Instruction.
5
Step 5
Select your preferred Maturity Instruction.
5a
Step 5a
For Withdraw Principal and Interest and Renew Principal and Withdraw Interest instructions, select the account for proceeds to be credited to.
5b
Step 5b
For foreign currency placements, you can choose to credit proceeds into your SGD or foreign currency wallet upon maturity.
5c
Step 5c
Tap Next to proceed.
6
Step 6
Review the details and tap Submit to complete the placement.
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More information

  • For matured fixed deposits, the principal and interest will be credited into your designated account on the date of maturity.
    If the designated account is closed before/on the date of maturity, the principal and interest will renew with the same tenor at the prevailing interest rate at day end of the maturity date.
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