Senior Saving deposit is a type of interest – bearing saving deposit especially created for golden age of over 60 years old.

Requirements

  • Such a type of saving deposit can be opened for golden age over 60 years old.
  • For the first time, customer will pay visit to the bank to open new account.
  • National Registration Card (or) National Scrutinization Card (Original).
  • No limitation for deposit amount.
  • (Minimum) initial deposit -mmk (100,000).
Initial Deposit 100,000 Kyats

 

Feature & Benefits

  • Interest rate on Senior Saving deposit is also adopted according to CBM’s interest rate notified to CBM’s interest rate notified from time to time.
  • Monthly interest per annum is calculated on the basic principle of deposited amount within early (5) days of month and the last outstanding balance at the quarterly rest.

 

Interest Rate 7.20% p.a