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Power Savings Accounts

The Power Savings Account from CBM pays one of the highest interest rates offered for savings accounts in Maldives.

The Essentials
  • Guaranteed higher return
  • Higher interest rates as your deposit value increases
  • You can open the account in both USD and MVR

 

Learn more about Power Savings Accounts

High interest rate

Earn a higher interest rate for your savings as your account balance grow.

Interest on interest

Interest will be calculated on the daily balance and credited to your account monthly.

Fast, easy and secure access

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.

No restrictions on withdrawals

Your money is freely available for withdrawals or transfers. No prior notice is required. There is no minimum period for deposits.

Eligibility

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.

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Tel: +960 333 2668 Email: info@cbmmv.com

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