The secure, easy way to earn interest and save

Saving Deposit 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 8% (p.a.)


Features and Benefits

High Interest 
Accrue an annual interest rate of 8% (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 


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 



Interest Calculator

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Disclaimer: This calculation is just for illustration purpose only, based on certain assumed prerequisites. Terms and Conditions apply.