Fixed Deposit Account

General Purpose of Account 

Fixed deposit account is a smart choice of investing your money for a long term.

Product Feature

  • Interest-bearing account 
  • A smart choice for long investment 
  • Can deposit anytime and withdrawal is only allowed at the end of the particular period 
  • Can be automatic renewal at the maturity date 
  • For premature withdrawal/early termination, interest will be calculated with nearest quarter’s saving interest rate. 

General Customer Eligibility 




Detail Description

Table Header Table Header
Type :
Fixed Deposit Account
Currency :
Interest Rate :
    Interest Rate (per annum)
  • 1 Month = 9.00%
  • 3 Months = 9.40%
  • 6 Months = 9.50%
  • 9 Months = 9.60%
  • 12 Months = 9.75%
Operating Instrument :
Fixed Deposit Passbook
Suitable for :
Fixed deposit accounts are for both individuals and businesses who desire to invest money over a certain period with a return of maximum highest interest.
Minimum Amount for Opening :
MMK 50,000
Minimum Ongoing Balance :
Document Required for Company Fixed 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, fixed passbook collection, etc.