Term Loan

General Purpose of Account

SHWE Bank Term Loan is the best fit for the long-term capital investment of the businesses such as purchasing Machinery, Equipment, Property, etc.

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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 :	Lands and Buildings Cash Margin (MMK/USD) Project Contracts
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.

Documents related to the loan applications

Documents related to the business

Documents related to the applicants

Personal Documents (NRC, Census and Letter of Recommendation from Housing ward Administration)

Documents related to the Collateral