About Student Loan
MTB Bank offers Student Loans to regular income customers who receive the bank’s Payroll service or withdraw their salary through the bank’s ATM. These customers can apply for the loan to purchase a brand new laptop, desktop, computer, and other related equipment for educational purposes at a low cost for their children.
Down Payment | Loan Amount | Service Charges | Loan Tenor | Interest Rate |
20% | 70% | 1% on Loan Amt | Maximum 1 years | 10% to 14.5% |
ချေးငွေလျှောက်ထားရန် လိုအပ်ချက်များ
- NRC
- Passport Photo
- Household Member List
- Ward Recommendation Letter
- Products Voucher and Photo
Salaried Staff
- Salary Slip (minimum 3 months)/ Bank Statement (Minimum 6 months)
- Employment Confirmation Letter & Staff ID Card
- The employee acknowledges not to resign from their job during the loan period and receives an endorsement from a superior officer taking responsibility for the matter.
- Monthly loan payments to be deducted from their salary Debit Note Letter.