About Fixed Deposit
Management of fund (or) investment, by placing Fixed Deposit.
Choose an appropriate Fixed Deposit Product as per your desire.
10,000 MMK
Initial deposit
10,000 MMK
Minimum Balance
Term Days
Interest Rate
Key Benefits
Earn higher interest rate.
Safe and guaranteed returns.
Deposit may be pledged to the Bank for loans. (Loan against Fixed Deposit)
Choose the convenient terms & types of Fixed Deposit as per your wish.
More Information
- Management of fund (or) investment, by placing Fixed Deposit.
- Choose an appropriate Fixed Deposit Product as per your desire.
- Terms of Fixed Deposit ranges (30) days, (90) days, (180) days, (270) days and (one year)
- Fixed Deposit Certificate will be issued.
- Fixed Deposit can start from MMK 10,000 and above.
- Roll-over on (Normal) Fixed Deposit, (or) New (Promotion) Fixed
- Deposit account can be opened at prevailing interest rate.
Interest Rate (p.a) – (Normal & Related Promotion Fixed Deposit)
Term Days | 30 | 90 | 180 | 270 | 1-year | Remarks |
Normal | 7.30% | 7.75% | 8.30% | 8.30% | 8.70% | |
Excellent | 8.00% | 8.23% | 8.50% | – | 9.00% | |
Advance Interest | – | 8.25% | – | – | – | |
Promotion | – | 8.50% | 9.35% | 9.40% | 9.60% | |
Chinese New Year | – | 9.50% | – | – | – | |
Farmers | 8.75% | – | – | – | – | |
Thingyan | – | 9.60% | – | – | – | 85 days |
Kywal wa | – | 9.30% | 120 days 9% | |||
Lucky | – | 7.00% (+) 0.20% (if renewed) (+) Prizes (Lucky draw) |
– | – | – | 120 days (up to 31.3.24) |
Receive Principal & interest to linked deposit accounts as per your instruction, on maturity date.
Choose any renewal option at account opening.
- Age 18 & above.
- Individual or Joint Personal,
- Myanmar Citizen,
- Registered Company, Registered Association.
- Financial Institutions.
- NRC / (Valid) Passport Copy
- Passport – sizePhotos
- Account opening form
For Company
- Account Opening Letter
- (Valid) Business Licence
- Certificate of Incorporation
- Constitution (if any)
- BOD Meeting Minutes
- (DICA) Company Extract
- Specimen of account holders
For Association
- Account opening letter
- Registered Certificate (or) Testimonial from Local Authorities
- Bye – Law (if any)
- Executive Committee (EC) member list
- EC Meeting minutes
- Specimen of account holders
You can open an account over the counter at any MTB branch near by you.