Standard Chartered Singapore announced in January 2019 it will increase their 36-month FDR rate.
Movements of SCB 36-month FDR
36M FDR refers to the 36-month FD rates. It is 0.97% since November 2018 after an increment. It will be changed by 0.25% upwards to 1.22% from 8 March.
Customers who took mortgages linked to this rate might be paying 2.3% onwards. They may consider refinancing their home loans.
