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1. What is compulsory saving?
Compulsory saving is saving collected and obtained from the customer that is not more than 5% on loan disbursement amount according to Myanmar Microfinance Law.
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2. What is the reason for accepting compulsory saving from customers?
To enhance the saving practice of our customers and support lifestyle.
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3. How much is the interest rate for compulsory saving?
According to Myanmar Microfinance law ,the interest rate is 14% per annum. For more detail please clickhere.
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4. How much is a compulsory saving amount for loan disbursement?
A compulsory saving amount is 1,000 MMK per loan disbursement.
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5. How long will AEON keep saving amount for the customer?
AEON will keep saving amount until end of the loan term.
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6. How can customers withdraw the saving amount at the end of the loan term?
According to the Myanmar Microfinance Law, AEON will offset and calculated the saving amount against the last payment of the loan term at interest 14% per annual. Therefore, we respectfully inform the customer reduced to pay the saving amount in the last payment.
About Compulsory Saving
- Details
- Written by winechit
- Category: FAQ
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Event & News
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Customer Service Hotline Operation Hours Changes , 2024-11-21We would like to respectfully inform you that the AEON Customer Service Hotline will be temporarily unavailable on November 25, 2024
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Customer Service Hotline Operation Hours Changes , 2024-11-15
Due to public holidays on November 15/2024, AEON Company's services will be temporarily suspended on those dates.