Personal / Deposits / Kyee Pwar Chan Thar

Kyee Pwar Chan Thar

The Kyee Pwar Chan Thar Saving Plan is a financial option designed specifically for individuals between the ages of 18 and 45 who are looking to secure both the benefits of a savings account and life insurance. 

The life insurance protection benefits include coverage for death, total permanent disability, and dismemberment resulting from accidents, based on the targeted savings amount. Additionally, savers can also enjoy a competitive annual interest rate of up to 5% on their bank deposits.

This plan is available in two options, the Kyee Pwar Savings Plan for customers aged 18 to 35 years and the Chan Thar Savings Plan for customers aged 36 to 45 years. Both plans can be conveniently purchased through uabpay, making it easier for individuals to manage their finances and secure their future.

Initial Deposit – 10,000 MMK
Monthly Minimum Deposit – 5,000 MMK

The Life Savings Plan offers significant life insurance benefits for up to 36 months based on total savings.

Coverage and Benefits
Earning a bonus based on the deposit balance.

Monthly bonus of up to 5% p.a will be calculated daily and added to uabpay every month.

Financial protection

By depositing 100,000 Kyat per month with Life Savings, enjoy the following benefits.:

  • Accidental death/ total permanent disability – Kyats 15,000,000
  • Non-accidental Death/ Total Permanent Disability – Kyats 7,500,000
  • Accidental Dismemberment Benefit- Kyat 3,750,000
Regular Monthly Savings

Minimum monthly savings start from 5,000 kyats.

Short Term Savings

Medium-term savings plan type for 36 months only.

Indestructible Financial Protection

If the monthly savings plan is terminated, insurance protection will be sustained for a period of 36 months.

Ease to resume the plan

The savings plan can be extended for up to six (6) months by collecting the total amount as a lump sum for the months of absence. Interest will not be calculated for the absence months.

Ease to cancel the plan

The initial deposit and the first month’s savings of the savings plan will be charged as service charges and the remaining savings balance will be automatically transferred to the uabpay wallet A/C.

Initial Deposit – 10,000 MMK
Monthly Minimum Deposit – 300,000 MMK

Life Savings Extra (Essential Health+) is a savings plan that provides essential health checkups for individuals to ensure a healthy and secure future.

Coverage and Benefits
Earning a bonus based on the deposit balance.

Monthly bonus of up to 5% p.a will be calculated daily and added to uabpay every month.

Financial protection

By depositing 400,000 Kyat per month with Life Savings (Essential Health+), enjoy the following benefits.

  • Accidental death/ total permanent disability – Kyats 35,600,000

  • Non-accidental Death/ Total Permanent Disability – Kyats 17,800,000

  • Accidental Dismemberment Benefit- Kyat 8,900,000

Regular Monthly Savings

Minimum monthly savings start from 300,000 kyats.

Short Term Savings

Medium-term savings plan type for 36 months only.

Healthy Lifestyle
Free comprehensive pre-health screening plans are available. Learn more about Essential Health health check-up
Indestructible Financial Protection

If the monthly savings plan is terminated, insurance protection will be sustained for a period of 36 months.

Ease to resume the plan

The savings plan can be extended for up to six (6) months by collecting the total amount as a lump sum for the months of absence. Interest will not be calculated for the absence months.

Ease to cancel the plan

The initial deposit and the first month’s savings of the savings plan will be charged as service charges and the remaining savings balance will be automatically transferred to the uabpay wallet A/C.

Initial Deposit – 10,000 MMK
Monthly Minimum Deposit – 650,000 MMK

Life Savings Extra (Holistic Health+) is a savings program that provides holistic health checkups for individuals to ensure a healthy and secure future.

Coverage and Benefits
Earning a bonus based on the deposit balance

Monthly bonus of up to 5% p.a will be calculated daily and added to uabpay every month.

Financial protection

By depositing 700,000 Kyat per month with Life Savings (Holistic Health+), enjoy the following benefits:

  • Accidental death/ total permanent disability – Kyats 50,000,000
  • Non-accidental Death/ Total Permanent Disability – Kyats 25,000,000
  • Accidental Dismemberment Benefit- Kyat 12,500,000
Regular Monthly Savings

Minimum monthly savings start from 650,000 kyats.

Short Term Savings

Medium-term savings plan type for 36 months only.

Healthy Lifestyle
Free comprehensive pre-health screening plans are available. Learn more about Holistic Health health check-up
Indestructible Financial Protection

If the monthly savings plan is terminated, insurance protection will be sustained for a period of 36 months.

Ease to resume the plan

The savings plan can be extended for up to six (6) months by collecting the total amount as a lump sum for the months of absence. Interest will not be calculated for the absence months.

Ease to cancel the plan

The initial deposit and the first month’s savings of the savings plan will be charged as service charges and the remaining savings balance will be automatically transferred to the uabpay wallet A/C.

Initial Deposit – 10,000 MMK
Monthly Minimum Deposit – 10,000 MMK

The Life Savings Plan offers significant life insurance benefits for up to 36 months based on total savings.

Coverage and Benefits
Earning a bonus based on the deposit balance.

Monthly bonus of up to 5% p.a will be calculated daily and added to uabpay every month..

Financial protection

By depositing 100,000 Kyat per month with Life Savings, enjoy the following benefits.:

  • Accidental death/ total permanent disability – Kyats 9,000,000
  • Non-accidental Death/ Total Permanent Disability – Kyats 4,500,000
  • Accidental Dismemberment Benefit- Kyat 2,250,000
Regular Monthly Savings

Minimum monthly savings start from 10,000 kyats.

Short Term Savings

Medium-term savings plan type for 36 months only.

Indestructible Financial Protection

If the monthly savings plan is terminated, insurance protection will be sustained for a period of 36 months.

Ease to resume the plan

The savings plan can be extended for up to six (6) months by collecting the total amount as a lump sum for the months of absence. Interest will not be calculated for the absence months.

Ease to cancel the plan

The initial deposit and the first month’s savings of the savings plan will be charged as service charges and the remaining savings balance will be automatically transferred to the uabpay wallet A/C.

Initial Deposit – 10,000 MMK
Monthly Minimum Deposit – 300,000 MMK

Life Savings Extra (Essential Health+) is a savings plan that provides essential health checkups for individuals to ensure a healthy and secure future.

Coverage and Benefits
Earning a bonus based on the deposit balance.

Monthly bonus of up to 5% p.a will be calculated daily and added to uabpay every month.

Financial protection

By depositing 500,000 Kyat per month with Life Savings (Essential Health+), enjoy the following benefits:

  • Accidental death/ total permanent disability – Kyats 29,000,000
  • Non-accidental Death/ Total Permanent Disability – Kyats 14,500,000
  • Accidental Dismemberment Benefit- Kyat 7,250,000
Regular Monthly Savings

Minimum monthly savings start from 300,000 kyats.

Short Term Savings

Medium-term savings plan type for 36 months only.

Healthy Lifestyle
Free comprehensive pre-health screening plans are available. Learn more about Essential Health health check-up
Indestructible Financial Protection

If the monthly savings plan is terminated, insurance protection will be sustained for a period of 36 months.

Ease to resume the plan

The savings plan can be extended for up to six (6) months by collecting the total amount as a lump sum for the months of absence. Interest will not be calculated for the absence months.

Ease to cancel the plan

The initial deposit and the first month’s savings of the savings plan will be charged as service charges and the remaining savings balance will be automatically transferred to the uabpay wallet A/C.

Initial Deposit – 10,000 MMK
Monthly Minimum Deposit – 650,000 MMK

Life Savings Extra (Holistic Health+) is a savings program that provides holistic health checkups for individuals to ensure a healthy and secure future.

Coverage and Benefits
Earning a bonus based on the deposit balance

Monthly bonus of up to 5% p.a will be calculated daily and added to uabpay every month.

Financial protection

By depositing 800,000 Kyat per month with Life Savings Extra (Holistic Health+), enjoy the following benefits:

  • Accidental death/ total permanent disability – Kyats 36,000,000
  • Non-accidental Death/ Total Permanent Disability – Kyats 18,000,000
  • Accidental Dismemberment Benefit- Kyat 9,000,000
Regular Monthly Savings

Minimum monthly savings start from 650,000 kyats.

Short Term Savings

Medium-term savings plan type for 36 months only.

Healthy Lifestyle
Free comprehensive pre-health screening plans are available. Learn more about Holistic Health health check-up
Indestructible Financial Protection

If the monthly savings plan is terminated, insurance protection will be sustained for a period of 36 months.

Ease to resume the plan

The savings plan can be extended for up to six (6) months by collecting the total amount as a lump sum for the months of absence. Interest will not be calculated for the absence months.

Ease to cancel the plan

The initial deposit and the first month’s savings of the savings plan will be charged as service charges and the remaining savings balance will be automatically transferred to the uabpay wallet A/C.

Contact Manulife

Call Manulife Myanmar Customer Service at 09 765 467 100.

Complete the process

Please submit the completed forms and required documents to Manulife or Email to [email protected]
Time taken: 15 working days

Claim the benefits

Once the insurance company approves, the payment will be settled.
Time taken: 3 working days

How to apply for your savings plan?

To apply for the Kyee Pwar Chan Thar savings plan, simply download the uabpay App on your mobile device and create a Full KYC uabpay account first.

Once you have successfully created a full KYC account and logged in, navigate to the Kyee Pwar Chan Thar Savings Plan section, and select ‘BUY PLAN.’