page-loading
home-installment-loan

About Education Loan

MTB Bank offers an Education Loan for students in Myanmar who want to study without paying fees upfront.

Down Payment Loan Amount Service Charges Loan Tenor Interest Rate
Minimum 20% 50% of collateral value or 70% of school fees 2% on Loan Amount Maximum 3 years 12% to 15%

Requirements

Basic Personal Documents
  • NRC
  • Passport Photo
  • Household Member List
  • Ward Recommendation Letter
  • Describe the name of the training institution, Training Period, Training Fees
  • Endorsement of the school to be attended.
req-img
b-document
Salaried Staff
  • Salary Slip (Minimum 3 months)/Bank Statement (Minimum 6 months)
  • Employment Confirmation Letter & Staff ID Card
c-document
Self Employed
  • Business License/Company Registration Documents
  • Financial Statement (1 year), Tax
  • Guarantor (2) Persons – NRC, Passport Photo, Household Member List
Check yours loan eligibility now!

To know your estimated loan eligibility amount, calculate at AYA Home Loan Calculator

Calculate

You may also interest in

green-fin
Auto Loan HP

Hire Purchase Loan

  • MTB Bank Auto Installment Loan is designed for people with regular income who struggle to pay upfront for desired items. This loan allows them to buy the items and pay in installments.
More Detailread-more-arrow
green-fin
Green Financing HP

Installment Loan

  • MTB Bank's Green Financing HP is designed for consumers with regular income who wish to buy eco-friendly products like solar panels or electric vehicles (EVs) but struggle to pay upfront. This loan allows customers to buy their desired green product in installments.
More Detailread-more-arrow
green-fin
Apartment HP

Installment Loan

  • Individuals with limited incomes can apply for the MTB Bank Residential Mortgage Loan/Apartment HP. They rent the property for a set period, with the option to purchase the house at the end of the rental term. The renter contributes towards monthly payments while renting.
More Detailread-more-arrow
green-fin
Short Term Loan on Block Deposit

Installment Loan

  • Long-term fixed deposits and savings depositors facing current financial challenges may apply for MTB Bank’s Short-Term Loan secured by their deposits. This allows them to access funds without affecting their deposit, by agreeing to a slightly higher interest rate.
More Detailread-more-arrow
green-fin
Corporate Traveller Loan

Installment Loan

  • MTB Bank offers a Corporate Travel Loan to the company and department to help employees with pilgrimage and leisure trips. The loan is secured by the company and department for the employees' benefit.
More Detailread-more-arrow
green-fin
Travelling with Associations Loan

Installment Loan

  • MTB Bank offers a Traveling with Association Loan for financial institutions or associations. Customers from these organizations can apply for the loan through the bank and handle the monthly repayments together.
More Detailread-more-arrow
green-fin
Travelling with Tour and Travel Association

Installment Loan

  • MTB Bank offers a Traveling with Tour and Travel Association Loan that can be obtained through travel agencies or groups. This loan is designed for people who want to travel within the country or overseas but don’t have enough money.
More Detailread-more-arrow