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Fixed Deposit Account

 

Investment Amount

J$100 NCB START (up to 17 years of age) J$2,000 NCB Regular Save; J$5,000 NCB Gold Club (age 55 and over) J$5,000 NCB Chequing Account; J$10,000 NCB Sunshine Savers.

Minimum – 10,000MMK

Maximum – No Maximum Limit

FixedDeposit
  • Flexi Fixed Deposit for Current Account customers The Flexi Fixed Deposit feature gives you the liquidity of a Current Account coupled with high earnings of a Fixed Deposit. This is achieved by creating a Fixed Deposit (FD) linked to your Current Account providing you the.
  • Fixed Deposit Account: A Fixed deposit account is an account where by funds are deposited for a fixed period of time at a fixed interest rate. The minimum period of time allowed is three months. A Fixed Deposit Account earn interest on the deposited amount for the specified period and no withdraw is allowed before the expiry of the agreed time period otherwise penalty fee may be charged to the.
What is fixed deposit

AYA Time Deposit is ideal for the individual who has excess cash for an extended period of time. The account is opened for a particular fixed period (time) by depositing particular amount (money) and withdrawal is only allowed at the end of the particular period.

Fixed Deposit Account Definition

BENEFITS

Fixed Deposit Account Meaning

  • Extremely safe
  • Higher Interest Rate
  • Guaranteed returns
  • Fixed Deposit may be pledged to the bank for loans
  • Choose the scheme you want

ELIGIBLITY

Anyone who is Myanmar citizen and over 18 years can open AYA Time Deposit account.

Deposit
  • Individual or Joint
  • Public Company Limited
  • Sole Proprietorship/ Private Company Limited
  • Joint venture
  • Corporation
  • Non Profit Corporation

Keep Your Documents Ready…

Individual

  • NRC Number

Fixed Deposit Account In Us

Corporate

  • NRC Number of the authorized person
  • BOD Resolution (Meeting minutes)
  • Form -6, Form -26, Form E
  • Certificate of Incorporation
  • Business License
  • Memorandum and Articles Of Association
  • Export/Import License

INTEREST RATES AND PERIODS

You may choose the convenient period of Time Deposit to gain interest.

Fixed Deposit Account

Fixed Deposit Account Meaning

  • 1 Month Time Deposit – 7.00% P.A
  • 3 Months Time Deposit – 7.25% P.A
  • 6 Months Time Deposit – 7.50% P.A
  • 9 Months Time Deposit – 7.75% P.A
  • 12 Months Time Deposit – 8.00% P.A
  • 24 Months Time Deposit – 8.50% P.A