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Call Deposit Account

General Purpose of Account 

Call deposit account is a great fit to use for daily transactions while receiving daily interest.

Product Feature

  • Interest-bearing account
  • A great fit for daily transactions while receiving interest
  • Can deposit at any time of the month and still eligible for interest
  • Interest will be computed daily on the account’s day-end balance and credited monthly

General Customer Eligibility 

Individuals

Joints

Companies

Detail Description

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Type :
Call Deposit Account
Currency :
MMK
Interest Rate :
6% per annum
Operating Instrument :
Call Deposit Passbook
Suitable for :
Call deposit accounts are for both individuals and businesses who prefer to use the bank account for daily transactions with an attractive daily interest on the day end remaining balance.
Minimum Amount for Opening :
MMK 10,000
Minimum Ongoing Balance :
MMK 1,000
Document Required for Company Call Deposit Account Opening :
  • Application Form
  • Cover Letter with Company Letter Head
  • Meeting Minutes with Company Letter Head
  • Company License or DICA Registration Form
  • Company Extract
  • Copies of ID Cards (NRC/Passport) for only authorized signatory account holders
  • Letter of authorization with company letter head for third party inquiry balance, call passbook collection, etc.