Secure your savings at SHWE Bank to help you reach your goals in the most secured way.
SHWE Bank Overdraft Facility is a great fit for the short-term working capital requirement of businesses such as purchasing goods, supplier payments or general expenses, etc.
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Type : | Overdraft Facility |
Currency : | MMK |
Operating Instrument : | Cheque Book |
Suitable for : | Overdraft Facility is suitable for businesses which require financing for a day-to-day working capital requirement or other short-term needs and, able to repay it on demand before the maturity date or at the maturity date |
Loan Tenure : | 1 year (renewable) |
Eligible Collateral : |
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Interest Rate : | 12% per annum |
Commitment Fees : | 1% for all unutilized amounts |
Service Charge : | 1% flat on the sanction amount |
Repayment Method : |
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Documents related to the loan applications
Documents related to the business
Documents related to the applicants
Documents related to the Collateral
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