Anyein Sar Savings Account
The Anyein Sar Savings is a savings plan that provides monthly interest on savings, allowing seniors who have reached the age of 60 to live their daily lives peacefully.
Product Features
- Opening an account requires individuals to be at least 60 years old and can be done individually or jointly with adults.
- The minimum initial deposit is Ks. 3,000,000 and additional deposits are allowed.
- 7.00% p.a (Between Ks. 3,000,000 and Ks. 10,000,000).
- 8.00% p.a (Ks. 10,000,001 and above).
- Interest will be credited to the savings account on a monthly basis, at the end of each month, and it will be calculated based on the minimum balance between the 5th and the end of the month.
Required Documents
- Original or Copy of the NRC (National Registration Card) for the person aged 60 or older.
- If opening joint accounts, include the NRC of the joint person.
- Copy of the household residence registration (If opening joint accounts, include copies for both persons.)
- License photo (If opening joint accounts, include license photos for both persons.)
Terms & Conditions
Deposit/Withdrawal
- Deposit can be made in cash or via bank transfer.
- Deposit, withdrawal and balance check can be done by bringing the savings book at any branch of MOB by the account holder himself or herself or by a representative appointed by the account holder in accordance with the Bank’s rules.
- The account closing can be done by returning the savings book to the branch the account was opened. Interest and remaining balance will be provided to the account holder once the account closing is finished.