AYA Fixed Deposit

September 19, 2017 Pyae Kyaw

AYA Fixed Deposit

Investment Amount

Minimum – 10,000MMK

Maximum – No Maximum Limit

Tenure

Minimum – 1 Month

Maximum – 24 Months

Interest Rate

Minimum – 7.00%

Maximum – 8.50%

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.

BENEFITS

BENEFITS

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

ELIGIBLITY

ELIGIBLITY

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

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

REQUIRED DOCUMENTS

Keep Your Documents Ready…

Individual

  • NRC Number

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 & PERIOD

INTEREST RATES AND PERIODS

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

  • 1 Month Time Deposit –  7.00% P.A
  • 3 Months Time Deposit – 7.25% P.A
  • 6 Months Time Deposit – 9.25% P.A
  • 9 Months Time Deposit – 9.30% P.A
  • 12 Months Time Deposit – 9.50% P.A