SME Loan

ABOUT SME JICA

FEATURE/BENEFIT

• Customer can borrow maximum 500 million.
• Customer can borrow up to 60 months.
• The lowest lending interest rate

ELIGIBILITY

Eligible Borrowers

Duly registered under “the Myanmar Companies Act” Meeting the definition of SMES stipulated in SME Development Law Myanmar Citizen must be between 18 years old and 60 years old at the time of application. The joint applicant must be the applicant’s spouse, sibling, or parent.

Eligible investment

• At least 80% fixed investment
• maximum 20% capital investment

FEES & CHARGES

Late fee (5,000MMK) will be charged every time customer makes late installment.

MANAGE YOUR ACC

The bank will provide a repayment schedule before disbursement. You will be able to make loan repayment via the following channels: MAB Branches (Nationwide), MAB mobile banking, ibanking or agency banking.

REQUIRED DOCUMENT

• NRC
• Household Certificate
• Business License or Company Registration
• Audited Financial Statements of Last Three Years (If it can be provided)
• Business Photo
• Tax Receipts
• Collateral Documentations (Other Documentations May Be Requested as Needed)