AGD Bank cares to grow.

Maxima Deposits Account
 

An ideal account for your long-term fixed income investment. Fastest way to make your money grow securely and safely, with highest unbeatable interest rates.

You can choose from a wide variety of tenures, whatever suits your needs. We then guarantee a fixed rate of return, up to an amazing 10% per annum.


Features 

  • No deposit amount limits
  • Interest bearing account
  • Can be opened in local currency (MMK) only 

Benefits

  • Security 
  • Highest interest rates
  • Automatic renewal/disposal of interest and principal as per the customer instruction 
  • Various tenures

Rates and Fees

Tenure Interest rate (p.a.)*
1 month  8.50%
3 months 9.25%
6 months 9.4%
9 months 9.4%
12 months 10%

Eligibility 

  • Myanmar citizen age 18 or over (Sole or Joint account) 
  • Sole Proprietorship / Partnership / Pvt. Limited companies registered in Myanmar 
  • Deposits can only be done by both cash, other bank cheques or interbank transfer  

Documents Required (if you do not have an account with AGD bank)

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)

Maxi-Cash Account
 

An ideal account for saving and earning at the same time with up to an amazing 9.75% per annum.

Fastest way to enjoy monthly fixed rate of return in cash. You can choose from a wide variety of tenures, whatever suits your needs.


Features

·       Cash payouts

·       Interest bearing account

·       Can be opened in local currency (MMK) only

Benefits

·       Monthly interest withdrawal

·       High interest rates

·       Automatic renewal/disposal of interest and principal as per the customer instruction

·       Security

·       Various tenures

Rates and Fees

Tenure Interest rate (p.a.)*
1 month  8.5%
3 months 9%
6 months 9.25%
9 months 9.35%
12 months 9.75%

Eligibility

·       Myanmar citizen age 18 or over (Sole or Joint account)

·       Sole Proprietorship / Partnership / Pvt. Limited companies registered in Myanmar

·       Deposits can only be done by both cash, other bank cheques or interbank transfer 

·       Minimum deposits amount of MMK 10 Million

Documents Required (if you do not have an account with AGD bank)

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)

Fixed Deposit Account

A Fixed Deposit Account is an interest-bearing account where a fixed amount is held at a fixed interest rate and is repayable (principal/interest) at a fixed future date as agreed at the time of placement of the deposit.
 

Normal Fixed Deposit Account
 
Features
  • Initial Deposit of MMK 100,000
  • Highest interest bearing account
  • Passbook/Fixed Deposit Receipt 
  • Can be opened in local currency (MMK) only
Benefits
  • Security 
  • Higher interest rate
  • Automatic renewal / disposal of interest and principal as per the customer instruction 
  • Loan against a fixed deposit (Lien)
Rate and Fees 

 

Tenure Interest rate (p.a.)*
1 month  7.25%
3 months 8.25%
6 months 8.5%
9 months 8.5%
12 months 10%

Interest payment frequency - on maturity 

For more information, write to us at services@agdbank.com, and we will get back to you.