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Requirements

Individuals

  1. Grant, Map and History of Property,previous contracts up to 3 ownerships
  2. NRC
  3. Household List
  4. Receipts of revenue tax
  5. Business License
  6. Receipts of profit, trade and municipal taxes for the last 3 years(original & copy)
  7. Photos of business, land and building given as collateral(front,back,left and right)

Companies

  1. Application letter in company letterhead
  2. Meeting Resolution and DICA Registration
  3. Loan term is 3 years and interest/capital repayments can be made monthly or quarterly.
  4. Descriptions on age of the entrepreneur, any successors, years of business experience, share, annual profit and details of the business.
  5. Projected business and plan shall be submitted.
  1. Grant, Map and History of Property,previous contracts up to 3 ownerships
  2. NRC
  3. Household List
  4. Receipts of revenue tax
  5. Business License
  6. Receipts of profit, trade and municipal taxes for the last 3 years(original & copy)
  7. Photos of business, land and building given as collateral(front,back,left and right)
  1. Application letter in company letterhead
  2. Meeting Resolution and DICA Registration
  3. Loan term is 3 years and interest/capital repayments can be made monthly or quarterly.
  4. Descriptions on age of the entrepreneur, any successors, years of business experience, share, annual profit and details of the business.
  5. Projected business and plan shall be submitted.

Interest Rates

  • 10 %

    Per Annum For Every MMK 100

  • Interest shall be paid monthly or quarterly

  • 14 %

    For Late Interest Payment

  • 2 %

    For Late Capital Repayment

HAPPY CALLING

We’ll be more than happy to answer any concer you may have.

HAPPY CALLING

We’ll be more than happy to answer any concer you may have.

+951 255923

Frequently Asked Questions

MCB provides Term Loan which can be used to make investments in the business.

SME Business Center
NO.(G1-G5) (S1-S7) Jo Phyu Road, Aung San Station, Pha Sa Pa La Quarter, Mingalar Taung Nyunt Township, Yangon.
Ph 01 245934,01 255753
Email smedept@mcb.com.mm