AGD Bank starts enCash service to save money with high interest rate while withdrawing cash

AGD Bank has stated enCash service to save money with high-interest rates while withdrawing cash.

Customers can open an enCash account with the money in hand with Interbank (CCT)/Cleaning and withdraw 40% of saving before the savings expire (up to 20% at the time of initial deposit. Up to 20% during the savings period). Also, customers will be able to withdraw the full amount of interest in cash at the end of the saving period.

The savings period is 6 months and 12 months with a maximum interest rate of 9.25%. It has been announced that enCash, which can facilitate cash withdrawals and savings at the same time, can now be inquired at AGD branches.

AGD Bank customers are allowed to get only one withdrawal token per week and one transfer token to other banks will be allowed per user to make remittances to withdraw and transfer conveniently. Tokens can be taken starting from 7 AM and the amount to be deducted from individual savings is 200,000 Kyats per week. Interbank transfer is 300,000 Kyats per week. Photo Source https://web.facebook.com/AGDBank

Those who want to withdraw 10 lakh kyats in a month without taking a token can withdraw 500,000 kyats in cash and another 500,000 kyats can be transferred to your favorite bank via interbank service which is available only once per person.

Customers who have already withdrawn money with token transferred money to other banks, and transferred by check cannot be made the above method of withdrawing 10 lakh kyats again.

Contact +95 1 2399 333 (or) AGD Bank Facebook Page Messenger (or) visit the nearest AGD bank branch for detailed information.