Voluntary Savings
စိတ်ကြိုက်စုငွေ
Service Details
- ✓ Interest Rate: 10% per year
- ✓ Minimum Balance : MMK 5,000
- ✓ Tenor : Undefined
- ✓ Interest Calculated using: Daily Balance
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Frequently Asked Questions
Common questions about our Voluntary Savings service
What is the minimum amount required to open a savings account?
+A savings account can be opened with a minimum deposit of MMK 5,000.
What savings term and interest rate are available?
+An annual interest rate of up to 10% can be earned.
Who can apply?
+Only Hayman's Members are eligible to apply.
How can an account be opened?
+The account holder must personally visit the nearest Hayman branch in their township, submit a savings account opening application, and open the account in person.
How is the interest calculated?
+Interest is calculated based on the daily account balance.
Can savings be withdrawn at any time? / When can savings be withdrawn?
+Withdrawals and account closure can be made at the saver's discretion, and interest will be calculated up to the date of withdrawal.
How can savings be deposited?
+Savings can be deposited in person at the branch or by an authorized representative, as well as through online payment channels.