Fixed Deposit
Fixed deposit is suitable for the customers who are interesting to save the extra money with fixed term and bank will provide the highest interest rate among the other deposits products. Customer can withdraw the money before the maturity, but customer will get the interest with the nearest term interest rate. Any individual who aged over 18 years with possession of NRC or valid passport can open current account.
- Initial deposit – 10,000 Kyats
- Minimum balance – 10,000 Kyats
- Interest calculate – on the term
- Interest payment – on the maturity date of the term
- Fixed deposit passbook
| TERM | INTEREST RATE |
| 30 Days | 11.20% |
| 90 Days (Less than 500 Million) | 11.40% |
| 90 Days (500 Million and above) | 11.45% |
| 180 Days | 11.60% |
| 270 Days | 11.80% |
| 365 Days | 12% |
| 15 Months | 13% |
- Linkage with current account
- Earn highest interest for extra money over long term
- Customer can withdraw money before maturity, but the interest will be paid with the nearest term rate.
- For 2 years deposit term, customer can withdraw interest amount every 6 months
- Deposit and withdraw money at any branch