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Key Facts About Better Savings Account

The MAB Better Savings (New Savings Account) allows you to grow your savings more effectively. It can be opened and used by individuals or business owners, enabling easier management of financial transactions.

Grow with High
Interest Rate

9.00

%
p.a.

Benefits

Benefits

percent (2)
Interest will be deposited monthly
percent (2)
Interest will be deposited monthly
attach_file
Able to link with current account, MPU card, mobile banking and iBanking
attach_file
Able to link with current account, MPU card, mobile banking and iBanking
payments
Convenient Deposits & Withdrawals
payments
Convenient Deposits & Withdrawals
percent (2)
Interest will be deposited monthly
percent (2)
Interest will be deposited monthly
attach_file
Able to link with current account, MPU card, mobile banking and iBanking
attach_file
Able to link with current account, MPU card, mobile banking and iBanking
payments
Convenient Deposits & Withdrawals
payments
Convenient Deposits & Withdrawals

Conditions & Qualifications for this account

For Individual

  • NRC or Passport or Driving Licenses

For Company & Association

  • Account Opening Application Letter on Company Letterhead
  • Association’s Constitution / Records
  • Director/ Share/ Member Lists & NRC Copy
  • Company Registration (DICA)
  • Company Profile, Filling History, Address, Officers, Shareholdings, Company authority, Members, Documents
from DICA
  • Board Resolution
  • Export/ Import License

  • Must be (18) years & Above
  • NRC or Passport or Driving Licenses

Rates & Fees for this
account

Interest Rate 9% p.a.
Promotion Interest Rate 10% p.a.
Initial Deposit 10,000 MMK
Minimum Balance 10,000 MMK
Maximum Cash Withdrawal Unlimited
Interest Calculation Monthly
Passbook / e⁠-⁠Statement Passbook
What you Get Can Apply MPU-UPI Debit Card
Can Apply Mobile Banking / iBanking

MAB Better Savings Calculator

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

Additional Informations

Better Savings Product designed to enable customers to freely perform deposits and withdrawals.

Deposits can be made starting from (10,000) MMK.

A minimum balance of (10,000) MMK must be maintained in the account when making withdrawals. If the customer wishes to withdraw the entire balance, the Better Savings Account may be closed and the full amount withdrawn

Want to Apply for any services?