Scheduled maintenance: Long-term care insurance information on Healthcare Dashboard is unavailable from 26 April 2024, 8pm to 28 April 2024, 11.30pm for upgrades.

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Can I use CPF savings to place Fixed Deposits under the CPF Investment Scheme?

You can use your CPF savings to place Fixed Deposits (FD) with any of the four Fixed Deposit Banks (DBS, Maybank, OCBC and UOB) under the CPF Investment Scheme (CPFIS).

Please approach the Fixed Deposit Banks directly to check if they are offering any FD under CPFIS, their FD rates and for placement of the FD. You can place the FD even if the Fixed Deposit Bank is not your CPFIS-OA agent bank.