SME Term Loan
Are you thinking to boost your SME Business! Let us help to provide your financial needs.

Features and Benefits
- Loan Specialist will guide you to apply application easily.
- You can grow your business by purchasing fixed assets, building infrastructure, boosting your capital investment.
Eligible Borrower
Myanmar Nationals aged between 21 to 60 with monthly solid income, who wants to expand the Business by
- buying machinery and any other fixed assets
- building infrastructure like warehouse, factory etc.
- opening new business outlet
- expanding new business plan
Conditions
Loan Amount | Up to 500,000,000/- MMK |
Loan Tenure | 1 to 3 Years |
Loan Repayment Method | Monthly Interest Repayment
Principle will be paid once the contract expires |
Fees and Charges
Interest Rate | 13% p.a. |
Service Charges | 1% on the Loan Amount |
Extension Fees | 1% on the Remaining Principle |
Insurance Premium | As charged by insurance company |
Requirements
Applicant(s) and Guarantor
- NRC (Copy)
- Census (Copy)
- Ward Recommendation (Original)
- Recent Passport Photo (2 photo)
- Other Bank Loan Statements and schedule (Copy – if applicable)
For Business/Self Employed
- Updated DICA Registration (or) License of Business (Copy)
- Other related License (Copy – if applicable)
- Updated Company Extract and Profile (Copy – if company business)
- BOD Meeting Minutes (Letter Head original – if company business)
- Company Profile (Original – if applicable)
- Financial Statements – 3 years (Original)
- Income and Commercial Tax – 3 years (Copy)
- Sales, Purchase and Remaining Stock lists – 6 months (Original)
- Bank Statement – 6 months (Copy – if applicable)
- Business Proposal (Original)
- Business Photo
- Other related documents (Copy – if applicable)
For Guarantor
- Personal Guarantee of Father / Mother (or) any family members with relevant income proof.
- Corporate Guarantee of Company / Firm if the facility is in the name of shareholders.
Collateral
- Deep of Landownership (Original)
- Land Map & History – Form 105/106 (Original – with comment to get a bank loan)
- Related Contracts (Copy)