Wedding Savings Account
The Wedding Savings Account is perfect for couples who are planning to get married in the future. This account enables them to save for their big day without worrying about the financial burden that comes with it by allowing them to save money on a regular basis without having to invest a large sum of money upfront. With this account, customers can choose their preferred monthly saving amount and targeted saving goals that suits their budget and financial goals.
Benefits
Terms of Deposit and Interest
*Effective as of September 1st, 2024
Saving Frequency
Monthly
Minimum Monthly Saving Amount
30,000 MMK
Maximum Monthly Saving Amount
Unlimited
Opening An Account
Account opening can be done at any KBZ Bank branch.
Customer must have a bank account to link with Wedding Savings Account for monthly savings and pay out on maturity.
Deposit
The deposit can be made through a transfer of all (Ordinary/Cash) accounts (Savings, Call and Current)
Withdrawal
At the maturity date, customer shall be able to withdraw
interest compounded deposit amount from defined Pay Out Account.
Eligibility
Individual or Joint Account
Interest Calculation
The interest is calculated daily on the balance in the save for Wedding Savings Account and is compounded monthly.
| Name | Privileges to Wedding Savings Customers |
|---|---|
| FlyMya | Honey Moon & Pre-wedding Package Discount Offers package Includes: Transportation (Flight or Bus ticket), Accommodation, Airport Transfer) - Up to 5% discount for a minimum spent of 500,000 Ks (Minimum discount is 3%) - Up to 10% discount for a minimum spent of 1,000,000 Ks (Minimum discount is 6%) Individual Product Discount Offers 5% discount on the base fare of both domestic and international flight tickets 5% discount on any bus tickets 5% discount on any hotel bookings 5% discount on VIP airport transfers |
| Manyadanarpon Airline | 5% discount on base fare for all town and all fare classes |
| Name | Privileges to Wedding Savings Customers |
|---|---|
| Ngwe Saung YatchClub Hotel | Offer on a website - Up to 10% Discount on Walk-In Rate |
| Novotel Inle Lake Myat Min | Accommodation discount on publish rate 10% Discount on Junior suit and Superior villa inclusive breakfast 10% Discount on food and beverages (non alcohol) |
| Jasmin Palace Hotel | 10% discount accommodation on best available rate for KBZ member 5% discount for Wedding Recption Package |
| Victoria Cliff Hotel& Resort(Kawthaung) | 7% discount on room rates at Victoria Cliff Hotel& Resort (Kawthaung) Remark: The above discount is not applicable on special days, including Christmas, New Years's, Chinese New Year, and the Thingyan period. |
| Victoria Cliff Hotel& Resort(Nyaung Oo Phee Island) | 7% discount on package rates at Victoria Cliff Resort (Nyaung Oo Phee Island) Remark: The above discount is not applicable on special days, including Christmas, New Years's, Chinese New Year, and the Thingyan period. |
| Sky Hotel | 10-15% Special discount for only couple from KBZ Wedding Savings Plan. |
| Amata Hotel | 10% discount for accommodation. 15-20% discount for 20 rooms and above. |
| New Chaung Tha Hotel | **Wedding Package at Beach & Hotel Area - 10 % Discount on Package **Pre-Wedding Photoshop on Cranchi Yacht - 10% Discount on Package **Pre-Wedding Photoshop at Hotel & Beach Area - 10% Discount on Package **Honeymoon Package at New Chaung Tha Hotel - 10% Discount on Package |
| Name | Privileges to Wedding Savings Customers |
|---|---|
| A&P Event & Wedding Studio | The special discount of 10% offer rate on the Wedding Sassion Package for KBZ Wedding Saving account customers. The special discount of 5% offer rate on the Prewedding Package for KBZ Wedding Saving account customers. |
| KS Collection Wedding Planner | All wedding packages are 10% off. The Memorial Venue fees are 20% off. |
| Love & Joy Event Planning | 1- The client can choose between option 1 & 2 Option 1 – can get 30% discount on planning service charges for one event. Option 2 – can get 10% discount on wedding floral decoration charges for one event. 2- The client can choose both option 1 & 2 Option 1 – free consolation with professional wedding planner for one event Option 2 – can get 10% discount on planning service charges for one event. |
Detailed Terms and Conditions are listed in the PDF, click on Download to view them. Download
Save for Home Account
Save for Home Account account is ideal for those saving money regularly for the down payment of the mortgage loan and to buy a house. By saving a fixed amount of money every month, customers can build up their savings and achieve their dream of owning a home. This a great option for those who want to save money regularly without having to worry about investing a large sum of money upfront. With this account, customers can choose their preferred terms with monthly saving amount and targeted saving goals that suits their budget and financial goals.
Benefits
Terms of Deposit and Interest
*Effective as of September 1st, 2024
Saving Frequency
Monthly
Minimum Monthly Saving Amount
30,000 MMK
Maximum Monthly Saving Amount
Unlimited
Opening An Account
Save for Home Account can be opened at any KBZ Bank branch.
Customer must have a bank account to link with save for mortgage for monthly savings and pay out on maturity.
Deposit
The deposit can be made through a transfer of all (Ordinary/Cash) accounts (Savings, Call and Current)
Withdrawal
At the maturity date, customer shall be able to withdraw
interest compounded deposit amount from defined Pay Out Account.
Eligibility
Individual or Joint Account (Non-Corporate).
Interest Calculation
The interest is calculated daily on the balance in the save for home account and is compounded monthly.
| Name | Privileges to Save for Home Customer |
|---|---|
| KBZ Bank Mortgage | 25% downpayment + 0.5% discount on service charges + 2 weeks loan approval after documents complete |
| Name | Privileges to Save for Home Customers |
|---|---|
| Stanza Interior Design & Decoration | Free Site Survey and Design Consultation for Yangon Region/Free design consultation for other areas of country 20 % Discount on Design Fee Charges 5% Discount on Mobili Furniture, Free transportation and installation charges for Yangon Region Only / Free Packaging for other area of country 3% discount upon total project cost (If customer is renovating their home with our company from start to finish) Above 5% Discount Coupon on Mobili Furniture (If customer is renovating their home with our company from start to finish) |
| Royal Green Art Design & Decoration Service | •Free Survey •Free design services to customers of different industries, to provide customer with the latest design concepts excellent professional designs. • Construction work Free RC, Steel Structure, soil test service, Structure quotation. • Providing the best and safest home for loved ones. • Designing and preparing quotations based on client's budget. • Satisfying our clients and reflect the living standard by decorating with modern structures and innovated designs. |
| Name | Privileges to Save for Home Customers |
|---|---|
| IMYANMARHOUSE CO.,LTD. | Shall negotiate with the Special Price for those who purchase under the Cash Down Plan. Special Discount benefits from 5% to 20% upon the value of property. Cash Back benefits MMK 200,000 to MMK 1,000,000 upon the value of property. Legal Service Fee saving (from MMK 100,000) for those who need legal contract. Weekly Lucky Draw (minimum MMK 100,000) for those who are Top Fan of social media. Transportation service to customers for property viewing (reimbursing transportation charges up to MMK 30,000). Arranging documents for both buyer and seller side. |
Detailed Terms and Conditions are listed in the PDF, click on Download to view them. Download
General Purpose Account
General Purpose Account is ideal for those saving money regularly for their big dream. By saving a fixed amount of money every month, customers can build up their savings and achieve their any dream. This a great option for those who want to save money regularly without having to worry about investing a large sum of money upfront. With this account, customers can choose their preferred terms with monthly saving amount and targeted saving goals that suits their budget and financial goals.
Benefits
Terms of Deposit and Interest
*Effective as of September 1st, 2024
Saving Frequency
Monthly
Minimum Monthly Saving Amount
30,000 MMK
Maximum Monthly Saving Amount
Unlimited
Opening An Account
General Purpose account can be opened at any KBZ Bank branch.
Customer must have a bank account to link with General Purpose Savings Account for monthly savings and pay out on maturity
Deposit
The deposit can be made through a transfer of all (Ordinary/Cash) accounts (Savings, Call and Current)
Withdrawal
At the maturity date, customer shall be able to withdraw
interest compounded deposit amount from defined Pay Out Account
Eligibility
Individual or Joint Account or Corporate/Business & Association
Interest Calculation
The interest is calculated daily on the balance in the General Purpose account and is compounded monthly.
For Corporate
For Retail
Detailed Terms and Conditions are listed in the PDF, click on Download to view them. Download