Interest Rate
Interest Rate
Ministry of Planning and Finance/ location / September 26, 2024
Announcement
MFTB changes it interest rates as below starting from (1-9-2024),
- Savings Deposit (MMK) interest rate is 9% p.a
- Fixed Deposit (MMK) interest rates are
For (1) Month Term 9% p.a (By Cash Deposit (or) CBM-Net Transfer from Other Banks Only)
For (3) Months Term 9.5% p.a
For (6) Months Term 10% p.a
For (9) Months Term 10.5% p.a
For (12) Months Term 11% p.a
Starting from (1-9-2024), Savings Deposit Rate (MMK) and Fixed Deposit Rates (MMK) will be allowed as the new interest rate as mentioned above. For old Fixed Deposit (MMK) (1month, 3 months,6 months,9 months and 12 months terms), will be allowed as the old interest rates until their dates.