Fixed Deposit Account
A Fixed/Tenured Deposit is a tenured investment account with a specific amount invested at an agreed interest rate and tenure. At the end of the agreed period (tenure), and based on your instructions, the investment can either be re-invested or returned to you with the interest amount earned.
Goal Account
Get closer to your Chama goals with the highest-earning savings account in Kenya. Lock your savings for periods between 6 months and 5 years while being able to borrow up to 100% of those savings in loans. The Goal Account also offers great flexibility, allowing you to open multiple accounts to help you pursue all your dreams.
Fixed Deposits
Grow your money with our Fixed Deposit account. Our competitive interest rate of up to 6% p.a. on your savings will have you reach your goal faster. The interest applies to local and foreign currencies; and will only be accrued if the money remains in the account for the agreed tenor.
Dual Currency Deposits
Dual option currency deposits provide a fixed rate of interest above that which is paid out by traditional money market investments.
The tenure of these deposits’ range from one to three months, during which no capital protection is offered.
Treasury Bills & Bonds
Looking for a stable and risk-free way to grow your money? Treasury Bills and Bonds are a surefire investment that can be a stable source of income.
KCB Capital in Treasury Bills and Bonds on your behalf.
Call Deposits
Sign up for Call Deposit; an interest-bearing investment account that allows you to withdraw your money from the account without a penalty, at a moment’s notice.
Enjoy the various benefits, such as withdrawing from your account without prior notification to the bank.
Custody Services
Our custody services are designed for all our customers from retail customer, high net-worth individuals, and corporates looking to diversify their investment portfolio both in the local and international money market funds.
We will hold in custody on your behalf funds, securities, financial instruments or documents of title to the assets of an investment portfolio.
Our core customer services include; settlement of investment transactions, capital and income collection (e.g. dividends, Interest income), corporate actions processing, proxy voting services, compliance monitoring, activity reporting, corporate trustee services, central depository agency services and safekeeping of securities
- Flexi Fixed Deposit for Current Account customers The Flexi Fixed Deposit feature gives you the liquidity of a Current Account coupled with high earnings of a Fixed Deposit. This is achieved by creating a Fixed Deposit (FD) linked to your Current Account providing you the.
- Fixed Deposit Account It is an investment account with a specific amount invested at an agreed interest rate and tenor. Based on customer’s instructions, at the end of agreed period (tenor), the investment can either be rolled over (re-invested) or liquidated (returned to customer) with the interest amount earned.
- A Fixed Deposit offers guaranteed returns. Unlike market-led investments where returns fluctuate over time, the returns on an FD are fixed when you open the account. Even if interest rates fall after you open a Fixed Deposit, you will continue to receive the interest decided at the start. FDs are considered much safer than investments in other.
Investment Amount
Minimum – 10,000MMK
Maximum – No Maximum Limit
AYA Time Deposit is ideal for the individual who has excess cash for an extended period of time. The account is opened for a particular fixed period (time) by depositing particular amount (money) and withdrawal is only allowed at the end of the particular period.
BENEFITS
- Extremely safe
- Higher Interest Rate
- Guaranteed returns
- Fixed Deposit may be pledged to the bank for loans
- Choose the scheme you want
ELIGIBLITY
Anyone who is Myanmar citizen and over 18 years can open AYA Time Deposit account.
- Individual or Joint
- Public Company Limited
- Sole Proprietorship/ Private Company Limited
- Joint venture
- Corporation
- Non Profit Corporation
Keep Your Documents Ready…
Individual
- NRC Number
Fixed Deposit Accounting
Corporate
- NRC Number of the authorized person
- BOD Resolution (Meeting minutes)
- Form -6, Form -26, Form E
- Certificate of Incorporation
- Business License
- Memorandum and Articles Of Association
- Export/Import License
Investment In Fixed Deposit Account
INTEREST RATES AND PERIODS
Fixed Deposit Account Interest Rate
You may choose the convenient period of Time Deposit to gain interest.
Fixed Deposit Account Meaning
- 1 Month Time Deposit – 7.00% P.A
- 3 Months Time Deposit – 7.25% P.A
- 6 Months Time Deposit – 7.50% P.A
- 9 Months Time Deposit – 7.75% P.A
- 12 Months Time Deposit – 8.00% P.A
- 24 Months Time Deposit – 8.50% P.A