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What is Pledge Loan?

MCB offers Pledge Loan by keeping exporters’ agricultural products as pledge to help develop the trading and manufacturing businesses.

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YOUR MONEY IS MAKING MONEY FOR YOU & YOUR FAMILY.

Interest Rates

CAPITAL CAN BE REPAID ON THE DAY THE LOAN IS MATURED (AFTER 6 MONTHS).
PER ANNUM FOR EVERY MMK 100
12%
FOR LATE INTEREST PAYMENT
14%
FOR LATE CAPITAL REPAYMENT
2%
  • Note: The term of Pledge Loan is 6 months. Depending on the interest repayment and purpose of extension, it can be negotiable for next 3 months of extension by the approval at the meeting of Board of Directors.

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Product Features

MCB offers Pledge Loan by keeping exporters’ agricultural products as pledge to help develop the trading and manufacturing businesses.