An ideal account for customers who would like to withdraw full amount of interest at the time of deposit and grow your savings with high interest rate.

Features 

  • Interest can fully be withdrawn at the time of deposit 
  • Minimum deposits amount of MMK 1 Million with various tenures
  • Deposits can be made with cash or interbank transfer. 
  • Can be opened in local currency (MMK) only. 


Benefits

  • Upfront interest cash withdrawal 
  • High interest 
  • Upon maturity, withdraw full amount of cash if deposit was made by cash or transfer to other banks if deposit was made by interbank transfer. 
  • Security

Rates and Fees

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

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
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)