English | Myanmar

Corporate Loan

These loans are fully secured against movable assets and also immovable assets, generally provide to individuals who have their assets located in Yangon region. These borrowers are small and medium entrepreneur or professional skilled workers. Loan tenor is from 3 months to 12 months. Loan amount depends on the value of assets put as collateral.

  • Interest rate – 18-48% per annum
  • Loan Tenor - 1 years (Max)
  • Service Charges - 1% on Loan Amount

Required Documents

  1. Related Documents such as copy of collateral’s contract, Land’s owner recommendation, photos of collateral (front, back, right side, left side and inside).
  2. Photo (1 pc)
  3. NRC (Copy)
  4. Permanent/ Temporary Household Registration Document (Copy)
  5. House Rental or Evidence of Ownership (Copy)
  6. Criminal Clearance Letter (Original)
  7. Proof of Residency (Original)
  8. Proof of Income (Original)
For Private/Public Company Staff - Submit document with the Company Letter Head mentioning complete address, applicant’s name, salary, year of service, position and authorized person signature issued within one month.

For Government Staff – Submit document sealed and signed by authorized officer, mentioning authorized officer name, position and personal’s number.

For Military/Police - Submit document by applicant’ name, position and personal’s number, salary, year of service & position issued within one month.

Self-Employment - Valid Business Register Certification or Trading License or Valid Contract/ Agreement with Partners.