Savings account is a savings account that allows you to withdraw money without a limit and add interest to the account every 3 months. It is an account that will increase the habit of saving money .
INITIAL DEPOSIT
10,000 MMK
MINIMUM BALANCE
1,000 MMK
Interest Rate
6.00 (% p.a)
Features
- Interest calculated on the minimum monthly balance (5th day- end of the month) and interest payment on each quarter end (March-June-September-December).
- Individual /Joint/Company/Association/ Minor account can be opened.
Benefit
- Linkage with current account
- Interest earned on savings
- Any branch banking services
- Deposit and withdraw money at any branch
Requirements
- Application form with company letterhead
- Meeting minutes with company letterhead
- Certificate of Incorporation
- Company Extract
- NRC original and copy of the representative of the company which mentioned in meeting minutes