Types of deposits
GTB’s deposit products vary depending on the needs of customers; the products are saving deposit, call deposit, current deposit, fix deposit etc. There are special promotion programs from time to time at a higher interest rate than the normal one.
(a) Normal Call Deposit Interest Rate
| Normal Call deposit | Interest Rate |
|---|---|
| All amount | 7.00 % |
(b) Special Call Deposit Promotion
| Special Call Deposit | Interest Rate |
|---|---|
| Kyats 10,000-50,000,000 | 7.50 % |
| Kyats 50,000,001-100,000,000 | 8.00 % |
| Kyats 100,000.001-300,000,000 | 8.25% |
| Kyats 300,000,001 up (Negotiate) | 8.50 % |
(c ) Saving Deposit Account Interest Rate
| Saving deposit | Interest Rate |
|---|---|
| Kyats 1,000 -10,000,000 | 9.25% |
| Kyats 10,000,001-50,000,000 | 9.5% |
| Kyats 50,000,001-100,000,000 | 9.75% |
| Kyats 100,000,001 up | 10.00 % |
It can withdraw once per week. Interest will be paid every 3 months.
(d) Fixed Deposit Account Interest Rate
| 45 Days (Pearl Jubilee) | Interest Rate |
|---|---|
| Kyat 100.000.000 Down | 11.75 % |
| Kyat 100,000,001 up | 12.00 % |
| 14 Days | 10.50 % |
| 21 Days | 10.70 % |
| 1 Month | Interest Rate |
| Kyat 100,000,000 Down | 11.00 % |
| Kyat 100,000,000 Up | 11.15 % |
| 2 Months | Interest Rate |
| Kyat 100,000,000 Down | 11.20 % |
| Kyat 100,000,000 Up | 11.35 % |
| 3 Months | Interest Rate |
| Kyat 100,000,000 Down | 11.40 % |
| Kyat 100,000,000 Up | 11.55 % |
| 6 Months | Interest Rate |
| Kyat 100,000,000 Down | 11.75 % |
| Kyat 100,000,000 Up | 12.00 % |
| 12 Months ( Due Date Gift +0.50 %) | 12.00 % |
Fixed deposit account can be opened with initial amount of 1,000 kyats and more of thousand kyats can be put up frequently. Fix deposit account can be opened individually, joint account with two or more persons, company account, organization account etc.
(e) Current Deposit
Current deposit account can be opened with initial amount of 10,000 Kyats and more of thousand Kyats can be put up frequently. Withdraws and deposits are not limited by using cheque book.
(f) Certified Cheque
Bank fee will be charged 5 Pyas per 100 Kyats up to 1,000 Kyats (minimum) and 5,000 Kyats (maximum).
(g) Payment Order
Bank fee will be charged 5 pyas per 1oo Kyats up to 1,000 Kyats (minimum) and 5,000 Kyats (maximum).
(h) Performance Guarantee
Commission fees will be charged on guarantee amount.
| Performance Guarantee | Interest Rate |
|---|---|
| 3 months | 0.5% |
| 6 months | 1.0% |
| 9 months | 1.5 % |
| 1 year | 2% |
