About Savings Deposit
Interest bearing account.
Encourage saving habits.
Passbook Available.
Interest calculated on the minimum monthly balance.(5th day – end of month)
Quarterly interest payment. (FY quarter – March, June, September, December)
1,000 MMK
Initial deposit
1,000 MMK
Minimum Balance
Term Days
Interest Rate
Key Benefits
Earn compound interest on deposit.
Eligible for ATM/ debit Card, mobile banking.
Convenient and reliable for payments & receivables transactions by linking with current account.
More Information
- Interest bearing account.
- Encourage saving habits.
- Passbook Available.
- Initial Deposit & Minimum balance –MMK 1,000
- Interest calculated on the minimum monthly balance.(5th day – end of month)
- Quarterly interest payment. (FY quarter – March, June, September, December)
Interest Rate –p.a | ||
Normal | All Customer | 7.00% |
Minor | 7.00% | |
Senior (60 & over) | 7.20% | |
Related | (Excellent) Savings | 8.00% |
(Holiday) Savings | 9.00% |
- Age 18 & above.
- Myanmar Citizen,
- Individual or Joint personal.
- Registered Company, Registered Association.
- 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.