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What is Senior Citizen Savings Account?

Senior Citizen Savings Deposit is special account for seniors over 60 years of age with highest interest rate compared with other savings accounts.

Your money is making money for you & Your Family.

Interest Rates

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Highest Interest Rate For Any Ammount
6.25%
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Special Benefit

  • Free ATM Card provided at the moment of opening the account.
  • 3 free transactions in first month of account opening.
  • Unlimited withdrawals and deposits.
  • Interest is calculated on daily basis and provided to the account on monthly basis.
Basic documents required

Required Documents

Personal Account

  • NRC (original/copy)
  • Permanent Address
  • Occupation
  • Contact Number
  • 1 ID Photo
  • 2 Existing MCB customers as introducers (Name, Bank Acc Number & Signature)
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How To Apply

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Frequently Asked Questions

Senior Citizens Savings Deposit is special account for seniors over 60 years of age with highest interest rate compared with other savings accounts.
Highest interest rate of 7.15% p.a for deposit of MMK 100,000 and above at the time of opening the account Interest Rate of 6.75% p.a for deposit of less than MMK 100,000.