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About Education Loan

MTB Bank offers an Education Loan for students in Myanmar who want to study without paying fees upfront.

Down Payment Loan Amount Service Charges Loan Tenor Interest Rate
20% 80% 1% on Loan Amount Maximum 3 years 12% to 15%

Requirements

Requirements

  • NRC
  • Passport Photo
  • Household Member List
  • Ward Recommendation Letter
  • Describe the name of the training institution, Training Period, Training Fees
  • Endorsement of the school to be attended.
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Salaried Staff
  • Salary Slip (minimum 3 months)/ Bank Statement (Minimum 6 months)
  • Employment Confirmation Letter & Staff ID Card
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Self Employed
  • Business License/ Company Registration Documents
  • Financial Statement (1 year), Tax
  • Guarantor (2) Persons – NRC, Passport Photo, Household Member List

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