Apply Services Online iBanking Login

What is MCB Home Loan?

MCB Home Loan is a loan in which borrowers can conveniently finance Landed Houses, Land, Apartments or Condominiums in installments for their residential need and construction of new house/renovation of existing house.

Related Products

Home Loan Application Process

  • Initially make inquiries about Home Loan information such as available options, necessary documentations as well as relevant eligibility criteria in details by visiting the nearest branches (service touch points) and fill in the proposed amount in the application. (Counseling)* We welcome inquiries over the phone.
  • Collect and submit necessary documents and apply for the preferred property. The bank validates the information and documents provided by the applicant. (Document Collection – Verification)
  • Eligible borrower submits the application with all necessary documents to the bank after having the agreement with seller. (Loan Application)
  • When all disbursement conditions and documents are fulfilled, lending officer shall proceed the process in 2 weeks or 1 month to disburse the loan. (Loan Disbursement)
  • Home Loan agreements shall be signed, and borrower provides initial down-payment and charges to the bank. (Loan Agreement)
We help customers achieve more.

Special Benefit

  • Own your dream property with 30% down-payment.
  • Have opportunity to make investment by financing the property.
  • Choose the most suitable loan amount for your income.
  • Can get a loan if you want to build on your own land or renovate your house.
  • Monthly instalment repayment, up to 15 years of loan term.
  • Finance the property by means of our safe and sound service.
  • Joint borrowing is available in financing the property you preferred.
  • Apply conveniently at MCB’s any service touch points or branches.

Eligibility

  • Applicant should be 23 years or above.
  • If employee, she/he must have minimum 2 years of employment with current employer and submit the pay slips or proof of salary.
  • Applicant must Myanmar citizens and hold National Registration Card (NRC)
  • Applicant must have a monthly income of Ten Lakh Kyats or more, either individually or as a family.

Interest Rate

  • Most reasonable rate – 10% p.a.

Down Payment

Table Header Table Header
Apartment/Condominium
30%
Land & Building
30%
Construction of New House/ Renovation of Existing House
40%
Land
50%

Loan Calculator

Get the right loan amount at the right rates!

Caculate Now!
Explore And Apply Now

How To Apply

01
Phasellus dignissim rhoncussollicitudin molestie erat tincidunt
02
Phasellus dignissim rhoncussollicitudin molestie erat tincidunt
03
Phasellus dignissim rhoncussollicitudin molestie erat tincidunt
Find answers

Frequently Asked Questions

Savings Account allows unlimited withdrawals and deposits, and provides quarterly interest payment to the account. Interest is calculated on a monthly basis before the fifth of every month.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Downloadable Files

Disclosure

Home Loan Flyer
Home Loan Application Form
Home Loan Product Paper