Fixed Deposit Interest
A long-term, tax-free savings account, which offers a fixed interest rate which is higher, depending on how much you save. A fixed deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date.It may or may not require the creation of a separate account. It is known as a term deposit or time deposit in Canada, Australia, New Zealand, India and The United States, and as a bond in the United Kingdom.
Investment Amount
Minimum – 10,000MMK
Maximum – No Maximum Limit
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
- Extremely safe
- Higher Interest Rate
- Guaranteed returns
- Fixed Deposit may be pledged to the bank for loans
- Choose the scheme you want
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
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
Fixed Deposit Interest Rates Sbi
INTEREST RATES AND PERIODS
You may choose the convenient period of Time Deposit to gain interest.
Fixed Deposit Interest Rate In Singapore
- 1 Month Time Deposit – 7.00% P.A
- 3 Months Time Deposit – 7.25% P.A
- 6 Months Time Deposit – 7.50% P.A
- 9 Months Time Deposit – 7.75% P.A
- 12 Months Time Deposit – 8.00% P.A
- 24 Months Time Deposit – 8.50% P.A