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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 10% to 14.5%

Requirements

Basic Personal Documents
  • NRC
  • Passport Photo
  • Household Member List
  • Ward Recommendation Letter
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Business Document
  • 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
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Collateral Documents
  • BCC (copy)
  • Grant/ Leasehold Land/ Freehold Land (Copy)
  • Contract between with the land owner and contractor
  • Sale contract history
  • Property Photo (Front, Back, Left, Right)
  • Map 105/106 (If the land and building)

Note:

Depending on the purpose of the loan application and the type of business, additional documents may be required

Collateral Types
land

Land

land

Building

land

Condo, Apartment

land

Gold & Bullion

land

Merchandise

land

Vehicle

land

Machine

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