Type :

Term Loan

Currency :

MMK

Operating Instrument :

Cheque Book

Suitable for :

Term Loan is suitable for businesses which require financing for a long-term capital investment.

Loan Tenure :

Up to 3 years

Eligible Collateral :

Interest Rate :

13 to 15% per annum

Service Charge :

1% flat on the sanction amount

Repayment Method :

Interest is to be repaid monthly or quarterly and principal is to be repaid as a bullet payment at the final maturity date. (Or) Fixed monthly repayment method.