Education Loan - MTB

home-installment-loan

About Education Loan

MTB Bank offers an Education Loan to those who wish to pursue studies within the country without incurring upfront costs. Students can obtain the loan and repay it in installments, enabling them to pursue the subjects they wish to study. This program is designed to support outstanding students in Myanmar to access higher education. Through educational service companies that have signed a Dealer Guarantee contract with the bank, students can apply for monthly repayments of the student loan, preventing them from missing the opportunity to pursue higher education due to financial constraints.

Down Payment	Loan Amount	Service Charges	Loan Tenor	Interest Rate
20%	80%	1% on Loan Amount	Maximum 3 years	10% to 14.5%

Requirements

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.

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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

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