A Royal savings account is a type of account that will receive a higher interest rate than regular savings accounts and will receive an additional bonus of 1.00% pa if the terms and conditions are met.
INITIAL DEPOSIT
10,000 MMK
MINIMUM BALANCE
1,000 MMK
Interest Rate
8.00 (% p.a)
Features
- Monthly interest will be calculated and interest will be added every 3 months.
- Accepted in cash /transfer /clearing
- Individual /Joint/Company/Association/ account can be opened.
Benefit
- The bonus 1%p.a is rewarded upon maintaining the minimum balance at month end 5 Mn MMK for personal and 10 Mn MMK for company or association in the account for the Quarter.
- Earn compound interest and incentive bonus on quarterly basis
- Convenient and reliable for regular payments and receipts transactions by linking current and call accounts.
- Available rewards for the more you save
- Waiver of transaction fees for one account to another account transfer in same cities or different cities.
Requirements
- Myanmar citizen aged 18 or over
- National Registration Card/Passport (original/copy)
For Minor Account Open
Jointing account with the children and Parent/Guardian (Must be provide Children’s Born Register and Parent/Guardian’s NRC)