Getting a Quarter of a Million ringgit insurance for free

The good guys at iMoney.my made another superb info graphic on what Malaysians or anyone with money in Malaysian banks should know about – and that’s PIDM. Lots of facts explained, and lots of myths debunked. Myths like, you can lose anything above RM 250,000 if the bank closes down. But no, I doubt if you have that amount of money, you would want to put your money into fixed deposits only. Anyway check out the info graphics below for a one-glance snapshot of what PIDM is about.

 My interview with iMoney founder and CEO, Ching in the early days of iMoney.my

PIDM Infographic Malaysia by iMoney.my
Courtesy of: iMoney.my

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