KYO U Account
Guaranteed Upfront Interest Withdrawal- Kyo U Account
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- Interest can fully be withdrawn at the time of deposit
- 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)
Kyo U (Special Promotion)
Rates and Fees
|
Tenure |
Interest rate (p.a.)* Bellow 5 million |
Interest rate (p.a.)* 5 million and above |
|
1 month |
9% |
9.10% |
|
2 months |
9.10% |
9.20% |
|
3 months |
9.25% |
9.5% |
|
6 months |
9.5% |
9.6% |
Eligibility
- Myanmar citizen age 18 or over (Sole or Joint Account)
- Sole Proprietorship / Partnership / Pvt. Limited companies registered in Myanmar
- This Special Promotion will be launched available until 28th February 2023.
Kyo U (Senior Citizen)
Rates and Fees
|
Tenure |
Interest rate (p.a.)* Bellow 50 million |
Interest rate (p.a.)* 50 million and above |
|
6 months |
9.60%+0.15% bonus |
9.60%+0.25% bonus |
|
12 months |
9.75%+0.15% bonus |
9.75%+0.25% bonus |
Eligibility
- Myanmar citizen age 60 or over (Sole or Joint Account)
- Sole Proprietorship / Partnership / Pvt. Limited companies registered in Myanmar
- This Special Promotion will be launched available until 28th February 2023.