A rewarding savings account at MCB with interest of 8.25% p.a.

Product Features

  • Interest rate of 8.25% p.a
  • Quarterly Interest Payment
  • Joint Account Available

A guaranteed return for your savings at MCB. Enjoy the best rates for the fixed deposit period of your choice.

Deposit PeriodInterest Rates
1 month9%
3 month9.25%
6 month9.5%
9 month9.75%
12 month10%

Product Features

  • Interest payable at the end of deposit period
  • Joint Account Available
  • Flexible deposit period

Access your funds and enjoy guaranteed interest rate with MCB Call Deposit Account. With interest calculated on day end balance and monthly interest payment, it is an ideal account for all businesses.

Product Features

  • Provide instant access to your funds
  • Allow unlimited withdrawals and deposits
  • No fixed deposit periods
  • Interest on day-end balance
  • Monthly interest payment
  • 4% interest rate for any amount

Requirements for Account Opening

A special account for seniors over 60 years of age with highest interest rate up to 8.65%. MCB Senior Citizens Saving Account offers monthly interest providing a regular source of income to all senior account holders. Its special features provide guaranteed good return as well as convenience.

Product Features

  • Highest Interest Rate of 8.65% for deposit of MMK 100,000 and above
  • Interest Rate of 8.25% for deposit of less than MMK 100,000
  • Monthly Interest Rates
  • Daily Interest Calculation
  • Free ATM Card
  • Joint Accounts Available with Spouse

Requirements for Account Opening

  1. NRIC
  2. Permanent Address
  3. Occupation
  4. Contact Number
  5. ID Photo
  6. 2 Exisitng MCB customers as introducers (Name, Bank Acc Number & Signature)

Account and Deposit

MCB offers a range of deposit products for every stage of life. We are committed to understand our customers, build trusted relationship and serve as a one stop banking solution providers for our customers. With over 25 years of experience in serving Myanmar with our banking services, MCB has the right banking solution for you, your family and your business.

Types of Account are

  • Saving Account
  • Fixed Deposit Account
  • Call Deposit Account
  • Current Account

Requirements for Account Opening

For Individuals
  1. NRIC
  2. Permanent Address
  3. Occupation
  4. Contact Number
  5. ID Photo
  6. 2 Exisitng MCB customers as introducers (Name, Bank Acc Number & Signature)
For Companies
  1. Application Letter in Company Letterhead
  2. Meeting Minutes and Resolution in Company Letterhead
  3. Memorandum of Association & article of association
  4. Company Registration Certificate
  5. Shareholder Share Allotment and Information Form (Form VI , FormXXVI)
  6. List of Shareholders (Form E)
  7. Partnership Agreement (If any)
  8. 2 Exisitng MCB customers as introducers ( Name, Bank Acc Number & Signature)
  9. Designated Drawing Officer in person (his/her original NRIC, photocopy of NRIC, One ID photo)

Savings Account

We aim to encourage the customers’ habit of saving and being economical, and to support them with the interests by saving their accumulated money in Myanmar Citizens Bank.
Account Opening
Accounts can be opened by individuals, minor or senior, or jointly with two or more persons, partnership firms, private and, public limited companies, societies, associations, local or state authority or other institutions as permitted to operate the account. Initial deposit is MMK 1,000 and MMK 100 must be maintained as the minimum average balance.
Interest Rate
MCB provides 8.25% per annum interest and add to the account on a quarterly basis (June, September, December and March). The interest is calculated on the minimum average balance from every 5th of the month to its end. The bank provides 8.5% per annum as the compound interest, if the interests of 3 months are not used. The interests will be added to the account on a regular basis although there is no transaction at all.
Savings Book
Savings Book with the record of deposits, withdrawal and balance will be issued to every account holder.
Cash Withdrawal
Cash Withdrawal can be made by the account holder or any representative from your account at all MCB branches.

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