Interest Rate and Fixed Deposit

In accordance with the Central Bank of Myanmar’s Instruction No. 4/2020 of 24th March 2020, KBZ Bank is reducing interest rates, effective 1st April 2020.

We support the Central Bank’s initiative in reducing interest rates to support and stimulate the economy. 

Please find the revisions to the interest rates on Loans, SME Loans, Fixed Deposit and Savings Accounts below:

Loan
Type Old New
Mortgage 11.5% p.a. 10% p.a.
Normal Loans 11.5% p.a. 10% p.a.
Quick Access Loans 11.5% p.a. 11.5% p.a.
Shopper Installment Loans 14.5% p.a. 14.5% p.a.
SME Loans
Secured
Type Old New
SME Overdraft 11.5% p.a. 10% p.a.
SME Term Loans 11.5% p.a. 10% p.a.
Unsecured
SME Overdraft 14.5% p.a. 10% ~ 14.5% p.a
SME Term Loans 14.5% p.a. 10% ~ 14.5% p.a
JICA Two Step Loans
Secured
Type Old New
JICA Two-Step Loan 7.0% p.a. 5.5% p.a.
Unsecured
Type Old New
JICA Two Step Loan 11.5% p.a. 5.5% ~ 10.5% p.a
Fixed Deposit Account
Personal Account
30 Days Fixed Deposit 6.5% p.a
90 Days Fixed Deposit 6.5% p.a.
180 Days Fixed Deposit 6.6% p.a.
270 Days Fixed Deposit 6.75% p.a.
360 Days Fixed Deposit 7.25% p.a.
720 Days Fixed Deposit 8% p.a
1080 Days Fixed Deposit 8.25% p.a
Corporate Fixed Deposit Account
Corporate Fixed Deposit Account Kindly contact your relationship manager

For more information kindly contact your relationship manager or customer service representative. 

Savings Account
Savings Account 5% p.a.

If you would like to review your bank accounts, or know your new interest rate, please contact the Customer Service Hotline on (+959) 951018555.

We shall be more than happy to serve you for any inquiries and services at KBZ Bank.