Savings Account allows unlimited withdrawals and deposits, and provides quarterly interest payment to the account. Interest is calculated on a monthly basis before the fifth of every month.
| Table Header | Table Header |
|---|---|
|
Initial Deposit |
1,000 MMK |
|
Minimum Balance |
10,000 MMK (to earn interest) |
|
Interest Rate |
6.0% (Per annum) |
|
Deposit dates to be eligible for interest |
1st – 5th (Every month) |
|
Interest Withdrawal Months |
End of March, June, Sep, Dec |
Savings Account allows unlimited withdrawals and deposits, and provides quarterly interest payment to the account. Interest is calculated on a monthly basis before the fifth of every month.
