Yes, the Maximum Deposit is based on your overall deposit limit with MariBank. The total funds held across your Mari Savings Account plus the placement amount of all your Fixed Deposits combined cannot exceed the S$100,000 individual depositor cap.
For example, if you have deposited S$30,000 in your Mari Savings Account, the maximum amount you can hold across all your Fixed Deposit(s) is S$70,000.
If you have deposited S$95,000 in your Mari Savings Account, the maximum amount you can hold across all your Fixed Deposit(s) is S$5,000.
For more information on the latest Maximum Deposit, refer here.
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