Interest Rate

Announcement

MFTB changes it interest rates as below starting from (1-9-2024),

1.     Savings Deposit (MMK) interest rate is 9% p.a
2.     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.