![](https://premiumbanking.kbzbank.com/wp-content/uploads/sites/11/2023/02/Deposit-Saving-Account.png?w=1024)
Ordinary Savings
Eligible individuals can watch their money grow with the KBZ Savings Deposit Account.
![](https://premiumbanking.kbzbank.com/wp-content/uploads/sites/11/2022/08/banking-svgrepo-com-1.png?w=26)
Passbook
You will be issued with a passbook upon successful opening of an account.
![](https://premiumbanking.kbzbank.com/wp-content/uploads/sites/11/2022/08/banking-svgrepo-com-1.png?w=26)
Withdrawal
The account holder can make withdrawals at any KBZ branch. Deposit unlimited times during bank opening hours.
Withdraw unlimited funds once a week.
![](https://premiumbanking.kbzbank.com/wp-content/uploads/sites/11/2022/08/banking-svgrepo-com-1.png?w=26)
Co – Accounting
You can open an individual account or co-account with another person.
You can withdraw money through a representative (only at the bank the account was opened).
![](https://premiumbanking.kbzbank.com/wp-content/uploads/sites/11/2022/08/banking-svgrepo-com-1.png?w=26)
Transfers
Money can be easily transferred from any KBZ branch directly to anyone with an account.
Transfer money directly into your savings account from overseas.
![](https://premiumbanking.kbzbank.com/wp-content/uploads/sites/11/2022/08/banking-svgrepo-com-1.png?w=26)
Loans
Apply for a loan using your savings account as insurance.
![](https://premiumbanking.kbzbank.com/wp-content/uploads/sites/11/2022/08/banking-svgrepo-com-1.png?w=26)
Online Banking
Get access to all of KBZs latest online banking services.
![](https://premiumbanking.kbzbank.com/wp-content/uploads/sites/11/2022/08/banking-svgrepo-com-1.png?w=26)
Interest
Annual interest of 6% pa.
Interest can be withdrawn quarterly.
If no interest is withdrawn during each quarter, the interest is added to your account.
Why choose this Savings Deposit Account?
![](https://premiumbanking.kbzbank.com/wp-content/uploads/sites/11/2022/08/kbz-icon8.png?w=85)
High Interest rate
Watch your savings grow with us with an annual interest rate of 6% pa.
![](https://premiumbanking.kbzbank.com/wp-content/uploads/sites/11/2022/08/kbz-icon9.png?w=85)
Take out a loan
Using your savings account as insurance we can help you take out a KBZ loan.
![](https://premiumbanking.kbzbank.com/wp-content/uploads/sites/11/2022/08/kbz-icon101.png?w=85)
International transfers
Receive money to and from loved ones overseas.
![](https://premiumbanking.kbzbank.com/wp-content/uploads/sites/11/2022/08/kbz-icon44.png?w=85)
Online banking
Get access to all of KBZs latest online banking services.
Initial Deposit
1,000 MMK
Minimum Balance
1,000 MMK
10,000 MMK
(to earn interest )
Interest Rate
300 Million MMK and Above: 7% per annum
Below 300 Million MMK: 6% per annum
Deposit dates to be
eligible for interest
1st – 5th
(Every month)
Interest Withdrawal
Months
End of March, June, Sep, Dec
Initial Deposit
1,000 MMK
Minimum Balance
1,000 MMK
10,000 MMK
(to earn interest )
Interest Rate
300 Million MMK and Above: 7% per annum
Below 300 Million MMK: 6% per annum
Deposit dates to be
eligible for interest
1st – 5th
(Every month)
Interest Withdrawal
Months
End of March, June, Sep, Dec
Requirement Document
![](https://premiumbanking.kbzbank.com/wp-content/uploads/sites/11/2022/08/Vector-1.png?w=24)
NRC ID Card (Original/Copy)