Small business loan is a product which is offered to both male and female entrepreneurs.

The key features of this loan are:

  • The loan is for existing business expansion only

Loan ceiling (1st loan)

MMK 1,000,000 – 3,000,000

Follow-on loan

Up to MMK 1,000,000

loan processing fees

Applicable

No. of instalments

23 / 12

Loan duration / period

12 months

Processing time for 1st loan

1 - 2 weeks

Grace period

4 weeks

Age limit

21 - 60

Maximum loan limit

MMK 5,000,000

Collateral requirement

Not required