Start saving today for education and secure a brighter future with monthly interest calculated on minimum balance.
| Interest Rate | 8.50% p.a. |
| Initial Deposit | 10,000 MMK |
| Minimum Balance | 10,000 MMK |
| Interest Calculation Method | Calculated on the minimum balance deposited between the 1st and 7th of every month |
| Eligible Deposit Period for Interest | Between the 1st and 7th of every month |
| Withdrawal Terms | Over-the-counter cash withdrawals at MAB branches and Agency Banking locations are allowed once per week |
| Additional Available Services | MPU / MPU-UPI Card application, Mobile Banking, and iBanking application |
Disclaimer : This calculation is just for illustration purpose only, based on certain assumed prerequisites. Terms and Conditions apply.
Minimum amount has to be {{minAmount.toLocaleString()}} MMK
minimum duration has to be {{ durations[0] }} {{ durations[0] === 1 ? durationType.slice(0, -1) : durationType }}
What you will pay
MMK
{{ monthlyInterestAmount }}MMK
{{totalAmount}}| Payment Term | Interest | Principal | EMI Amount | Balance |
|---|---|---|---|---|
| {{loanAmount}} | ||||
| {{ getOrdinal(index + 1) }} - payment | {{ row.interest }} | {{ row.principal }} | {{ row.payment }} | {{ row.outstanding }} |
Minimum amount has to be {{minAmount.toLocaleString()}} MMK
What you will get