Su Boo Savings Account

The Su Boo Savings is a savings plan that allows for regular savings over a specified period, tailored to the chosen Su Boo type, to meet the financial needs of children under 18 years old.

Product Features

  • Opening an account requires the child to be under 18 years of age and can be accompanied by a parent or guardian.
  • The minimum initial deposit is 10,000 Kyats, with a minimum term of 3 years, and monthly savings amounts and terms can be proposed.
    There are 4 Su Boo types to choose from –
Su Boo (small)

Monthly Savings Amount –
Ks. 10,000
Term – 3 years

SuBoo (medium)

Monthly Savings Amount–

Ks. 30,000

Term – 5 years

Su Boo (large)

Monthly Savings Amount –

Ks. 50,000
Term – 10 years

Su Boo (customize)

Monthly savings amounts and terms can be proposed.

The interest rates are as follows:

  • 6.25% p.a (Ks. 10,000 and Ks. 10,000,000).
  • 6.50% p.a (Ks. 10,000,001 and Ks. 100,000,000).
  • 7.00% p.a (Ks. 100,000,001 and above).
  • Bonus interest is 3.00% and becomes available only after the specified period is completed.
  • Interest will be credited to the savings account on a monthly basis, at the end of each month, and it will be calculated based on the minimum balance during the 5th and the end of the month.
  • The parent or guardian is responsible for paying the proposed monthly savings amount until the end of the specified period.
  • In the month of opening the Su Boo Savings account, interest will be credited as per the rules for opening regular savings accounts.
  • The savings amount can be deposited monthly or in advance, depending on the selected Su Boo type.

Required Documents

  • Original or Copy of parent or guardian’s NRC (National Registration Card).
  • Copy of minor child’s birth certificate or NRC of a 10 year old.
  • Copy of Household residence registration /license photos of parent or guardian and minor child.

Terms & Conditions


  • Deposit can be made in cash or via bank transfer.

Closing Account

  • The account closing can be done by returning the savings book to the branch the account was opened. Savings, interest and bonus interest will be issued together upon completion of the terms when closing the account.
  • Childern must be accompanied by a parent or guardian, who must sign and complete the account closure process.