EXCHANGE RATES 05/25/2018
USD BUY 1342 SELL 1347
SGD BUY 1000 SELL 1005
THB BUY 41 SELL 42.3
EUR BUY 1570 SELL 1585
EXCHANGE RATES     05/25/2018
USD BUY 1342 SELL 1347
SGD BUY 1000 SELL 1005
EUR BUY 1570 SELL 1585
THB BUY 41 SELL 42.3

Fixed Deposit Account

Citizens, over the age of 18, are eligible to open a fixed deposit account. This account is most suitable for individuals interested in long-term deposits.

Opening an account

You can open an individual account or co-account with another person.

High interest rates

Eligible for high interest rates are dependent on the length of the deposit.

Unlike saving deposit accounts, this account holder is able to deposit during anytime of the month and still be eligible for interests

Convenient withdrawals

Able to withdraw money easily even if it is earlier than the fixed date of withdrawal terms. (Interest rate will not be eligible)

Withdrawal and deposit

After completion of the fixed date of deposit, you may be able to withdraw the deposit together with the interest (in the bank your account was created)

Terms of deposit and interests

  • 30 Days

    8%

  • 90 Days

    8.25%

  • 180 Days

    8.5%

  • 270 Days

    8.75%

  • 1 Year

    9%

  • 2 Year

    *10%

  • 3 Year

    *10.75%

Initial Deposit

1,000 MMK

*Can deposit more than the required initial deposit

Minimum Balance

1,000 MMK

*Terms and Conditions Apply

  • 10% for 2 year is entitled between 500 million to 2 billion fixed deposite account. However, the other 2 year fixed account will apply with 9.5%.
  • 10.75% for 3 year is entitled 500 million to 5 billion fixed deposite account. However, the other 3 year fixed account will apply with 10%.

Why choose this account?

High Interest

Watch your savings grow with our high interest rate

Flexible

You can still access your money outside of the fixed dates of withdrawals

Joint account

Open an account by yourself or with someone else

Withdrawals

Make the most of KBZ’s generous and flexible withdrawal scheme

Required Documents

NRC ID card (original)

Want to open this account?

Contact us today

Call us now

and speak to one of our advisors

(+95) 1-538075

Apply in branch

Find your nearest KBZ branch and
come and talk to one of our advisors in person

You might also be interested in

NEWSKBZ Bank announces partnership with Huawei to offer greater financial access to all

KBZ Bank, Myanmar’s largest privately-owned bank is proud to announce a partnership with Huawei

NEWSKBZ Bank and Yoma Bank take a leap forward with the first historic repurchase agreement (Repo) in Myanmar

A repurchase agreement (repo) is a form of short-term borrowing for a dealer in government

NEWSMyanmar’s largest privately-owned bank, KBZ Bank, appoints Mike DeNoma as Special Advisor to the Chairman

Mr. DeNoma to be supported by newly appointed Deputy CEOs of KBZ Bank Aung Kyaw Myo, Nang Lang

NEWSWomen entrepreneurs’ role in peace process

STATE Counsellor Daw Aung San Suu Kyi urged everyone to take the rule of law into consideration