page-loading
home-installment-loan

About Housing Construction Loan

MTB Bank offers Housing Construction Loans for small and medium-sized constructors who will undertake housing development projects and to landowners who are unable to afford the costs of construction.

Loan Amount Loan Tenor Interest Rate Service Charges
50% of Land Value Maximum 10 years 10% to 14.5% Up to 3 years 1%
Up to 5 years 2%
Up to 10 years 3%

Requirements

Basic Personal Documents
  • NRC
  • Passport Photo
  • Household Member List
  • Ward Recommendation Letter
  • Marriage Paper/ Divorce papers/ papers proving you are not marrying
req-img
b-document
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
c-document
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

Project Land

You may also interest in

green-fin
Pledge Loan
  • Customer can apply pledge loan at MTB Bank by pledging movable assets as collateral.
More Detailread-more-arrow
green-fin
Hypothecation Loan
  • Customer can apply Hypothecation Loan at MTB Bank accepts documentation ownership of movable assets such as inventories, automobiles, machinery, and merchandise as collateral.
More Detailread-more-arrow
green-fin
Financial Institutions Loan
  • MTB Bank offers Financial Institutions Loans for Microfinance Institutions and Non-bank Financial Institutions.
More Detailread-more-arrow
green-fin
Tender Loan
  • MTB Bank offers tender loans to support government tenders, covering a percentage of the project value based on the tender amount.
More Detailread-more-arrow
green-fin
Invoice Financing
  • MTB Bank offers invoice financing, where either the seller or the buyer can apply for a certain percentage of the balance due/receivable on the invoice as a loan.
More Detailread-more-arrow
green-fin
Business Loan
  • MTB Bank provides corporate loans exceeding 500 million Kyats, specifically intended for expanding existing businesses.
More Detailread-more-arrow
green-fin
Green Financing Loan
  • MTB Bank offers Green Financing to support environmental and business growth in the green economy. The loans help decrease greenhouse gas emissions and encourage the preservation of natural resources by funding projects that promote renewable energy and combat climate change.
More Detailread-more-arrow
green-fin
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.
More Detailread-more-arrow