{"id":2212,"date":"2018-08-13T07:10:33","date_gmt":"2018-08-13T07:10:33","guid":{"rendered":"https:\/\/www.mobmyanmar.commyanmar\/?page_id=2212"},"modified":"2023-10-04T09:26:44","modified_gmt":"2023-10-04T02:56:44","slug":"individual-account","status":"publish","type":"page","link":"https:\/\/www.mobmyanmar.com\/?page_id=2212","title":{"rendered":"Individual Account"},"content":{"rendered":"

[vc_row][vc_column][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n

INDIVIDUAL ACCOUNT<\/h2>\n

[\/vc_column_text][vc_tta_tour spacing=”10″ active_section=”1″][vc_tta_section title=”Current Deposit Account” tab_id=”1535007293221-cd15ea93-19ee”][vc_column_text]<\/p>\n

\n

Current Deposit Account<\/h3>\n

Bearer or Order cheque book<\/p>\n

    \n
  • Ks.125 per 25-page cheque book with stamp duty<\/li>\n
  • Ks 1000 initial deposit<\/li>\n
  • Ks 1000 minimum balance.<\/li>\n<\/ul>\n
    Documents Required: <\/strong><\/h5>\n
      \n
    • NRC Copy<\/li>\n
    • 2 Referees<\/li>\n
    • Form 1 for Foreigners<\/li>\n<\/ul>\n<\/div>\n

      [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Savings Deposit Account” tab_id=”1535007293246-9b6bbb30-afc4″][vc_column_text]<\/p>\n

      Savings Deposit Account<\/h3>\n

      \u201cEarn interest by depositing money every month\u201d<\/h5>\n
        \n
      • 8.25% p.a interest rate<\/li>\n
      • Savings passbook (lost charges of Ks.500).<\/li>\n
      • Ks. 1000 initial deposit<\/li>\n
      • Ks. 1000 minimum balance<\/li>\n<\/ul>\n
        Documents Required:<\/strong><\/h5>\n
          \n
        • NRC Copy<\/li>\n
        • 2 Referees<\/li>\n
        • Form 1 for Foreigners<\/li>\n<\/ul>\n

          [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Fixed Deposit Account” tab_id=”1535007313128-2f2d9ee5-25d9″][vc_column_text]<\/p>\n

          Fixed Deposit Account<\/h3>\n

          \u201cHighest rate of interest of all savings accounts until maturity date\u201d.<\/p>\n

          Features<\/h5>\n
            \n
          • 8.5% p.a interest 1 month, (30) days<\/li>\n
          • 9.25% p.a interest 3 months, (90) days<\/li>\n
          • 9.50% p.a interest 6 months, (180) days<\/li>\n
          • 9.75% p.a interest 9 months, (270) days<\/li>\n
          • 10% p.a interest 12 months. (365) days<\/li>\n<\/ul>\n

            Send interest to current and savings accounts Ks. 10,000 initial deposit, no minimum balance.<\/p>\n

            Documents Required:<\/strong><\/h5>\n
              \n
            • NRC Copy<\/li>\n
            • 2 Referees<\/li>\n
            • Form 1 for Foreigners<\/li>\n<\/ul>\n

              [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Call Deposit Account” tab_id=”1535007314200-705b8776-47a3″][vc_column_text]<\/p>\n

              Call Deposit Account<\/h3>\n

              \u201cAdvantages of both current and savings account\u201d.<\/p>\n

              Features<\/h5>\n
                \n
              • 2% p.a interest rate<\/li>\n
              • Ks. 10,000 initial deposit<\/li>\n
              • Ks. 10,000 minimum balance<\/li>\n<\/ul>\n

                Daily interest calculated on balance and paid on quarterly<\/p>\n

                Documents Required:<\/strong><\/h5>\n
                  \n
                • NRC Copy<\/li>\n
                • 2 Referees<\/li>\n
                • Form 1 for Foreigners<\/li>\n<\/ul>\n

                  [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Minor Account” tab_id=”1535007315997-50d609b1-6645″][vc_column_text]<\/p>\n

                  Minor Account<\/h3>\n

                  \u201cEarn interest by depositing money every month\u201d.<\/p>\n

                  Features<\/strong><\/h5>\n
                    \n
                  • 8.25% p.a interest rate<\/li>\n
                  • Savings passbook (lost charges of Ks.500)<\/li>\n
                  • Ks. 1000 initial deposit.<\/li>\n
                  • Ks. 1000 minimum balance.<\/li>\n<\/ul>\n
                    Documents Required:<\/strong><\/h5>\n
                      \n
                    • Born Certificate or form 66\/6 (Family Legal Documents as a household list) to verify the age of child<\/li>\n
                    • Parent\u2019s\/Guardian\u2019s NRC copy<\/li>\n<\/ul>\n

                      [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”UESS Deposite Account” tab_id=”1535007316761-72673a0d-eb22″][vc_column_text]<\/p>\n

                      UESS Deposite Account<\/h3>\n

                      \u201cSavings account for children\u2019s higher education. College scholarship awarded by MOB to support traditional university scholarships and cultivate the future of Myanmar\u2019s youth\u201d.<\/p>\n

                      Five types of UESS Accounts:<\/strong><\/h5>\n
                        \n
                      • UESS 1 \u2013 K 5,000 deposit per month<\/li>\n
                      • UESS 2 \u2013 K 6,000 deposit per month<\/li>\n
                      • UESS 3 \u2013 K 7,000 deposit per month<\/li>\n
                      • UESS 4 \u2013 K 8,000 and 9,000 deposit per month<\/li>\n
                      • UESS 5 \u2013 K 10,000 & above deposit per month<\/li>\n<\/ul>\n
                        Features<\/strong><\/h5>\n
                          \n
                        • 8.25% p.a interest rate, no withdrawals<\/li>\n
                        • On the total balance of the account at the end of the scheme, customer can earn 3% UESS provident fund<\/li>\n
                        • provided by the bank<\/li>\n
                        • After successfully being accepted into a university, no need to deposit money<\/li>\n
                        • In case of failure to deposit for 3 months (within reason),the UESS account will be transformed into a normal savings account<\/li>\n
                        • MOB scholarships available for outstanding students who received 5 or 6 distinctions (K 40,000 for 5 distinctions and K 60,000 for 6 distinctions one time) \u2013 in addition to the money already saved in UESS account.<\/li>\n
                        • Savings for 3 years under UESS allows borrowing of 80% of the balance as per requirements.<\/li>\n<\/ul>\n
                          Requirements<\/strong><\/h5>\n
                          a. To Open Account<\/h5>\n
                            \n
                          • Student should be under 12 years<\/li>\n
                          • Birth certificate + List of household members Copy<\/li>\n
                          • Parents \/ Patron NRC Copy<\/li>\n<\/ul>\n
                            b. To get the UESS incentive and special rewards<\/h5>\n
                              \n
                            • Must be comply with UESS terms and condition<\/li>\n
                            • UESS Passbook + University Documents<\/li>\n
                            • Bank will issue PO for basic academic yearly cash<\/li>\n<\/ul>\n

                              [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Internal Draft & Cheque Purchase” tab_id=”1535007317899-cfefaf50-9f67″][vc_column_text]<\/p>\n

                              Internal Draft & Cheque Purchase (IDCP)<\/h3>\n

                              \u201cMOB provides a service of buying cheque issued for government lottery for its customers\u201d.<\/p>\n

                                \n
                              • Individual who wants to sell needs to open a current deposit account.<\/li>\n
                              • Service charges is 0.05% for every 100 kyats.<\/li>\n<\/ul>\n

                                [\/vc_column_text][\/vc_tta_section][\/vc_tta_tour][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

                                [vc_row][vc_column][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text] INDIVIDUAL ACCOUNT [\/vc_column_text][vc_tta_tour spacing=”10″ active_section=”1″][vc_tta_section title=”Current Deposit Account” tab_id=”1535007293221-cd15ea93-19ee”][vc_column_text] Current Deposit Account Bearer or Order cheque book Ks.125 per 25-page cheque book with stamp duty Ks 1000 initial deposit Ks 1000 minimum balance. Documents Required: NRC Copy 2 Referees Form 1 for Foreigners [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Savings Deposit Account” tab_id=”1535007293246-9b6bbb30-afc4″][vc_column_text] Savings Deposit Account \u201cEarn interest by…<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-2212","page","type-page","status-publish","hentry"],"yoast_head":"\nIndividual Account - MOB Bank<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mobmyanmar.com\/?page_id=2212\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Individual Account - MOB Bank\" \/>\n<meta property=\"og:description\" content=\"[vc_row][vc_column][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text] INDIVIDUAL ACCOUNT [\/vc_column_text][vc_tta_tour spacing=”10″ active_section=”1″][vc_tta_section title=”Current Deposit Account” tab_id=”1535007293221-cd15ea93-19ee”][vc_column_text] Current Deposit Account Bearer or Order cheque book Ks.125 per 25-page cheque book with stamp duty Ks 1000 initial deposit Ks 1000 minimum balance. 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