Maximize your interest earnings while saving your money securely at CB Bank. Earn up to 10 % p.a on interest.
- Earn higher interest rate compared to normal savings accounts ranging from 9% p.a. to 10% 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 |
8.5% p.a. |
|
3 months term |
9.25% p.a. |
|
6 months term |
9.5% p.a. |
|
9 months term |
9.75% p.a. |
|
1 year and above |
10% p.a. |
- No opening account fees
- No monthly account maintenance fees
Minimum initial deposit – 10,000 MMK
Eligibility:
- Must be Myanmar nationality
- Over 18 years old
Required documents:
- National Registration Card
Fixed deposit is a term deposit which 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 maturity date.
Only Account Holder is allowed to make a withdrawal at the maturity date of deposit.
At 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 maturity date, the deposit is already transferred to the bank account as the account holder’s instruction. Yes, customers can make term extension.
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 customer who does not have CB Bank account, we will open a saving account together with fixed deposit contract.
If customer’s certificate is lost, please contact CB Bank to issue the copy of certificate at bank where you opened an account at the first place.
Interest is calculated based on tenure and your interest will be credited to your account at maturity.
- Yes, if you wish to add someone or more to your account, the account will become a joint account. Everyone whose name is on a joint account can make deposit, withdrawal and view the account.
- Joint account can be applied at every branch with NRC of the account holders. A visit to nearest branches in person is a must.