{"id":4858,"date":"2018-09-26T11:03:53","date_gmt":"2018-09-26T11:03:53","guid":{"rendered":"https:\/\/www.mobmyanmar.commyanmar\/?page_id=4858"},"modified":"2025-03-19T15:24:52","modified_gmt":"2025-03-19T08:54:52","slug":"uess-deposit-account","status":"publish","type":"page","link":"https:\/\/www.mobmyanmar.com\/?page_id=4858","title":{"rendered":"UESS Deposit Account"},"content":{"rendered":"\t\t
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UNIVERSITY EDUCATION SAVINGS SCHEME (UESS) DEPOSIT ACCOUNT<\/h2>\n
\n\nSavings account for children\u2019s higher education.\nCollege scholarship awarded by MOB to support traditional university scholarships and cultivate the future of Myanmar\u2019s youth.\n

Product Features<\/h4>\n
    \n \t
  • 9.00% p.a<\/em><\/strong> interest rate. (Ks 10,000 and above)<\/li>\n \t
  • Minimum savings of 5,000 kyats up to maximum savings of 100,000 kyats.<\/li>\n<\/ul>\n
    \n\nFive types of UESS Accounts:\n
    \n
    \n
    UESS 1<\/h5>\nK 5,000<\/strong>\ndeposit per month\n\n<\/div>\n
    \n
    UESS 2<\/h5>\nK 6,000 <\/strong>\ndeposit per month\n\n<\/div>\n
    \n
    UESS 3<\/h5>\nK 7,000 <\/strong>\ndeposit per month\n\n<\/div>\n
    \n
    UESS 4<\/h5>\nK 8,000 and 9,000<\/strong>\ndeposit per month\n\n<\/div>\n
    \n
    UESS 5<\/h5>\nK 10,000 & above <\/strong>\ndeposit per month\n\n<\/div>\n<\/div>\n<\/div>\n

    Required Documents<\/h4>\n
    \n
    \n
    \n

    To Open Account<\/h4>\n
      \n \t
    • Student should be under 12 years<\/li>\n \t
    • Birth certificate + List of household members Copy<\/li>\n \t
    • Parents \/ Patron NRC Copy<\/li>\n<\/ul>\n<\/div>\n
      \n

      To get the UESS incentive and special rewards<\/h4>\n
        \n \t
      • Must be comply with UESS terms and condition<\/li>\n \t
      • UESS Passbook + University Documents<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n

        Terms & Conditions<\/h4>\n
        \n
          \n \t
        • On the total balance of the account at the end of the scheme, customer can earn 3% UESS provident fund provided by the bank.<\/li>\n \t
        • After successfully being accepted into a university, no need to deposit money.<\/li>\n \t
        • In case of failure to deposit for 3 months (within reason),the UESS account will be transformed into a normal savings account.<\/li>\n \t
        • 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 \t
        • Savings for 3 years under UESS allows borrowing of 80% of the balance as per requirements.<\/li>\n<\/ul>\n<\/div>\n<\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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          \n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

          UNIVERSITY EDUCATION SAVINGS SCHEME (UESS) DEPOSIT ACCOUNT Savings account for children\u2019s higher education. College scholarship awarded by MOB to support traditional university scholarships and cultivate the future of Myanmar\u2019s youth. Product Features 9.00% p.a interest rate. (Ks 10,000 and above) Minimum savings of 5,000 kyats up to maximum savings of 100,000 kyats. Five types of…<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":7775,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-4858","page","type-page","status-publish","hentry"],"yoast_head":"\nUESS Deposit 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=4858\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UESS Deposit Account - MOB Bank\" \/>\n<meta property=\"og:description\" content=\"UNIVERSITY EDUCATION SAVINGS SCHEME (UESS) DEPOSIT ACCOUNT Savings account for children\u2019s higher education. College scholarship awarded by MOB to support traditional university scholarships and cultivate the future of Myanmar\u2019s youth. 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