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About Credit Guarantee Insurance Loan

For SME business owners looking for quick and easy funding to grow their operations, applying for an MTB Bank Credit Guarantee Insurance Loan is a great option. These businesses can apply for bank loans more quickly, which solves the main issue of having to provide collateral.

Loan Amount Loan Tenor Interest Rate Service Charges
Maximum 500 Mil 1 to 3 years 10% to 14.5% Service Fees only submit to Myanmar Insurance

Requirements

Basic Personal Documents
  • NRC
  • Passport Photo
  • Household Member List
  • Ward Recommendation Letter
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Business Documents
  • 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
  • Collateral Related Documents (Eg. Credit Guarantee Insurance Letter)

Note:

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

Collateral Types
land

Credit Guarantee Insurance Letter

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