Minor Deposit Account

Minor Deposit Account

Start saving and prepare for your children's future with CB Minor Deposit Account.

Features and Benefits
  • Choices of normal saving account or fixed deposit account
  • The account will be changed into normal savings account when the child turns 18
Rates and Fees
  • 6%   p.a
  • No opening account fees
  • No monthly account maintenance fees 
Requirement

Minimum Initial Deposit – 1,000 MMK
Eligibility
  • Must be Myanmar nationality
  • In the case of guardian, the person must be appointed as a guardian with letter of guardianship under the Guardian and Wards Act.
Required Documents
  • National Registration Card of both children and parents or guardians