Savings Account
Watch your savings grow with a high-interest Yoma Bank Savings Deposit Account. As an individual holder or a member of a shared account, you will receive all of the benefits of a Current Account plus annual interest at a rate of 5% (p.a.)
Features and Benefits
High Interest
Accrue an annual interest rate of 5% (p.a.) on your savings balance*
Unlimited Withdraw and Deposit
Withdraw and deposit as many times as you want within our business hours
Certified Chequebook
Make easy, cash-free payments and withdrawals
Passbook
A passbook will be issued upon successful opening of an account
Interest is calculated on a monthly basis according to the minimum deposit balance held between the 5th until the end of each calendar month. To earn maximum interest, balance must be maintained from the 5th until the end of the calendar month.
*Calculated monthly and paid quarterly on the months of March, June, September and December.
Requirements
- Minimum initial deposit: 10,000 MMK
- Minimum balance 1,000 MMK
- Must be at least 18 years of age
- Must provide original NRC ID Card or passport for verification
Rates And Fees
- Inactive Account Fees - 1,500 MMK
(Opened accounts without any transactional activity within the last one-year period will be considered inactive accounts.)
Interest Calculator
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Total Interest
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Total Amount
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