EXCHANGE RATES 05/22/2017
USD BUY 1355 SELL 1358
SGD BUY 978 SELL 980
THB BUY 39.3 SELL 39.7
EUR BUY 1520 SELL 1523
EXCHANGE RATES     05/22/2017
USD BUY 1355 SELL 1358
SGD BUY 978 SELL 980
EUR BUY 1520 SELL 1523
THB BUY 39.3 SELL 39.7

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 depending 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

  • 1 month

    9%

  • 3 months

    9.25%

  • 6 months

    9.5%

  • 9 months

    9.75%

  • 12 months

    10%

Initial Deposit

1,000 MMK

*Can deposit more than the required initial deposit

Minimum Balance

1,000 MMK

Interest Calculator

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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

Co-accounting

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

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