Fixed Deposit Account

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With two introducers (must be account holders of the bank) the following accounts may be opened; individual account, joint account, corporate account (Private, Company, Corporations, Shopping centers)

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For all Fixed Deposit Accounts Fixed Deposit Receipt will be delivered.

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Initial deposit Ks-10,000/-

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Withdrawals must be made according to the full amount deposited.

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For new extensions, increase of amount and closures can be made only at the Myawaddy Bank in which the account is maintained.

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On the maturity, auto renewal can be made by giving standing instructions to the bank.

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Interest rates for Company & Corporate are as follows:

Period	Interest Rate
1 yr(12 months)	9%
2 yrs(24 months)	9.25%
3 yrs(36 months)	9.5%

Interest rates for retail customers (individual, joint) are as follows:

Period	Interest Rate
3 months	9.75 %
6 months	10 %
9 months	10.25%
12 months(1 yr)	10.5%
24 months(2 yrs)	10.65 %
36 months(3 yrs)	10.75 %

For maturities up to 1 year interest can be collected by way of

Cash withdrawals (or)
Giving standing instruction to the bank to deposit to the link account (Current deposit account (or) Call deposit account (or) Saving deposit account)
To be deposited either interest only or principle plus interest to the fixed deposit account

For maturities 1 year above interest can be collected by way of

Cash withdrawals or by giving standing instruction to the bank to deposit once a year to the link account (ie.Current deposit account (or) Call deposit account (or) Saving deposit account).

Corporate Banking

Trade Services
Cash Management
Fund Transfers
FX Services
Corporate

Personal Banking

Deposit Products
Lending Products
Remittance
Card Payment
Others Services

Contact Us

Phone - (+95)(01) 2301367, 2301368, 2301452, 2301378, 2301401, 2301410, 2301406

Fax - (+95)(01) 2301395, 2301450, 2301402, 2301422, 2301423

Address - No(151), 8 Quarter, the corner of Bogyoke Aung San Street & War Dan Street, Lanmadaw Township, Yangon.