The Power Savings Account from CBM pays one of the highest interest rates offered for savings accounts in Maldives.
CBM’s Online Banking is a facility that is available to any customer using the internet. All you need to do is register yourself at the CBM Main Branch and avail yourself of this one-on-one method of banking.
Your account will be accessible anytime from anywhere. You are not constrained by time or distance. With just a click of a mouse, you can do your daily banking transactions.
Earn a higher interest rate for your savings as your account balance grow.
Interest will be calculated on the daily balance and credited to your account monthly.
Enjoy fast, convenient and 24 x 7 unlimited access points to your account from anywhere in the world through Online Banking and Mobile banking and our ATMs.
Your money is freely available for withdrawals or transfers. No prior notice is required. There is no minimum period for deposits.
If you are a citizen of Maldives or a non-citizen resident over the age of 18 years holding a valid work permit, and a letter from the employer confirming your employment you are eligible to open a Power Savings Account with a minimum deposit of MVR 5,000 or USD 500.
Terms & conditions apply
Product information and terms & conditions are subject to change from time to time.
Therefore, it is advisable to contact the Bank for the latest information and prevailing terms & conditions.