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KYO U Account

Guaranteed Upfront Interest Withdrawal- Kyo U Account

Personal 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  • Interest can fully be withdrawn at the time of deposit 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.