A Hyper Fixed Deposit Account is a type of fixed deposit that pays interest in advance. To open this account, you must have a fixed deposit for 150 days.
INITIAL DEPOSIT
100,000 MMK
MINIMUM BALANCE
100,000 MMK
Interest Rate
9.50 (% p.a)
Features
- Customer must open Saving account or special saving account
- Accepted in cash only
- If the account is closed before the maturity date, only the Savings Deposit interest rate will be paid based on the month.
- Individual /Joint /Company/Association /Foreigner(Residence) can be opened.
Interest Rate
| Tenure | Interest Rate(% p.a) |
|---|---|
| 150 Days | 11.50 % |
Benefit
- Get higher interest rate
- Get advance interest
- Customer can get Lien loan against FD Account within one business day.
Requirements
- Application form with company letterhead
- Meeting minutes with company letterhead
- Certificate of Incorporation
- Company Extract
- NRC original and copy of the representative of the company which mentioned in meeting minutes
For foreigner
- Valid Visa (over 180 Days)
- Passport Copy