Pledge Loan - Myanmar Citizens Bank (MCB)

MCB offers Pledge Loan by keeping exporters’ agricultural products as pledge to help develop the trading and manufacturing businesses.

Terms & Conditions

Requirements

Terms & Conditions

Requirements

YOUR MONEY IS MAKING MONEY FOR YOU & YOUR FAMILY.

CAPITAL CAN BE REPAID ON THE DAY THE LOAN IS MATURED (AFTER 6 MONTHS).
PER ANNUM FOR EVERY MMK 100	12%
FOR LATE INTEREST PAYMENT	14%
FOR LATE CAPITAL REPAYMENT	2%

Note: The term of Pledge Loan is 6 months. Depending on the interest repayment and purpose of extension, it can be negotiable for next 3 months of extension by the approval at the meeting of Board of Directors.

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What is Pledge Loan?

MCB offers Pledge Loan by keeping exporters’ agricultural products as pledge to help develop the trading and manufacturing businesses.

How to apply?

SME Business Center
NO.(G1-G5) (S1-S7) Jo Phyu Road, Aung San Station, Pha Sa Pa La Quarter, Mingalar Taung Nyunt Township, Yangon.
Ph: 01 245934,01 255753
Email: [email protected]