Maximize your interest earnings while saving your money securely at CB Bank. Earn up to 11.5% p.a on interest.
- Earn higher interest rate compared to normal savings accounts ranging from 7.40% p.a. to 8.50% p.a.
- Quick and easy way to assure to get returns on your investment.
- Options to choose that suits your needs − Choose investment term ranging from 1 month to 12 months. Roll over options to reinvest the principal amount at the end of the term.
- Every investment counts – Interest depends on the deposit terms.
|
Deposit Term |
Interest |
|
1 month term |
9.5 % p.a. up to 10.5% p.a. |
|
3 months term |
9.75 % p.a. up to 10.75% p.a. |
|
6 months term |
10 % p.a. up to 11% p.a. |
|
9 months term |
10.25 % p.a. up to 11.15% p.a. |
|
12 months term |
10.5 % p.a. up to 11.25% p.a. |
- No opening account fees
- No monthly account maintenance fees
Minimum Initial Deposit – 10,000 MMK
- Must be Myanmar nationality
- Over 18 years old
- National Registration Card
Fixed deposit is a term deposit that provides a higher rate of interest than a regular savings account, at the given maturity date. The bank will issue the fixed deposit certificate with the maturity date.
Only Account Holder is allowed to make a withdrawal at the maturity date of deposit.
At the maturity date, the deposit amount will be transferred to the bank account as the account holder’s instruction. Account holder can make withdrawal as usual from his/her bank account.
>
At the maturity date, the deposit is already transferred to the bank account as the account holder’s instruction. Yes, customers can make term extensions.
The Account Holder has to visit the bank’s Head Office or Branches and give instruction to extend. CB Bank will issue a new certificate for extension.
Yes, however, for the customer who does not have a CB Bank account, we will open a savings account together with a fixed deposit contract.
If the customer’s certificate is lost, please contact CB Bank to issue you a copy of the certificate at the bank where you initially opened account.
Interest is calculated based on tenure and your interest will be credited to your account at maturity.
No, the certificate is not transferable.