About Business Loan
MTB Bank provides corporate loans exceeding 500 million Kyats, specifically intended for expanding existing businesses.
Loan Amount | Loan Tenor | Interest Rate |
Maximum 4000 Mil | 1 to 3 years | 12% to 15% |
Requirements
- NRC
- Passport Photo
- Household Member List (Form 6/66)
- Ward Recommendation Letter for Living address
- Business license
- DICA certificate of incorporation and company extract, company constitution Resolution, Import/export license
- BOD Resolution, Company Profile (for exceptional case)
- Receipts of income tax for the last 3 years (if applicable)
- Financial statements for the last 3 years
- Business Plan for Loan Purpose
- Evidence for Ownership Documents
- Creation of Title deeds documents
Note:
Depending on the purpose of the loan application and the type of business, additional documents may be required.
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