enCASH Deposits
Growing funds massively and cash withdrawals
enCASH Deposits Account
A unique Fixed Deposit account for growing funds with high interest rate of 9.25% for one year tenure with the convenience of transferred cash withdrawals.
Features
- Minimum deposit amount 10,000 MMK
- Various Tenures
- Deposits can be made with cash, other bank cheques or interbank transfer
- Can be opened in local currency (MMK)
Benefits
- Withdraw full deposit and interest amount in cash
- Combination of easy cash withdrawals and long-term savings
- Withdraw full amount of interest in cash
- High interest rate
- Convenience & Security
Rate and Fees
| Tenure | Interest rate (p.a.)* |
| 3 months | 8.25% |
| 6 months | 8.5% |
| 12 months | 9.25% |
Eligibility
- Myanmar citizen age 18 or over (Sole or Joint account)
- Sole Proprietorship/Partnership/Pvt. Limited companies registered in Myanmar
Documents Required
Individual
- NRC Copy/Passport
Company
- Company registration documents
- Identification documents (NRC / Passport) of the beneficial owners
- Memorandum of Association / Article of Association (in case of Pvt. Ltd)
- Partnership deed (in case of partnership company)