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MCB’s Citizens Mobile Financing scheme makes Samsung mobile phones affordable for all customers. In collaboration with Samsung, customers can now enjoy the interest rate as low as 1.08% per month to purchase SAMSUNG phone through monthly installment plan.

Citizens Mobile Financing Loan Application Requirements
  • Holder of Myanmar National Identification card
  • Age between 21 – 65
  • Monthly salary of MMK 100,000
  • Permanent employee at private or public organization for at least 1 year
  • Must be residing at the current address for minimum of 2 years

Loan Application Documents
  • Copy of Myanmar National ID Card (NRIC/NRC)
  • Copy of Household Registration Form
  • Recommendation Letter from Police and district/ quarter issued within 1 - month ( Certificate of criminal conviction or Clearance Letter)
  • Letter of Employment and latest 3 months pay slips (or) Letter of Employment with salary details ( must have official stamp and signed by a senior officer)
The required documents of Guarantor
  • Copy of Myanmar National Identification Card (NRIC/ NRC)
  • *Guarantor must be higher in rank (or) have better salary than the loan applicant.
Application Process
  • Applicant together with Guarantor must submit all required documents and complete application for Citizens Mobile Financing at eligible Samsung Showroom (YGN, MDY & NPT).
  • Receive application status update in 48 working hours
  • Present documents in nearest MCB branches to sign loan application agreement and collect approval letter
  • Collect NEW Samsung phone in person at the designated store
To inquire about the application status, call MCB Citizens Mobile Financing Hotline at
+959-441219134-138

Important information for Citizens Mobile Financing Applicants
  • Minimum 20% down payment of your Samsung Mobile device of choice
  • Maximum loan amount is 1.5 times the monthly salary as stated in your pay slip/ employment letter
  • Customer can make regular payments for 6-month, 9-month or 12-month period.
  • Interest is 1.08 % per month
  • Repayment deadline is the 5th day of every month
  • The following fees applies for successful applications
    • Application Fee - MMK 1000
    • Stamp Fee   - MMK 2000
    • Document Processing fee - MMK 5000

Lists of Eligible Samsung Showrooms (YGN, MDY & NPT)
State/Province District Address
YANGON PABEDAN TOWNSHIP NO(433) 4TH FLOOR,JUNCTION CITY,PABEDAN TOWNSHIP.
YANGON PABEDAN TOWNSHIP NO(419),4TH FLOOR,JUNCTION CITY,PABEDAN TOWNSHIP.
YANGON LATHA TOWNSHIP LATHA ROAD, UPPER
YANGON DAGON TOWNSHIP 6B, CORNER OF PYAY ROAD, MIN YE KYAW SWAR
YANGON KYAUKTADA TOWNSHIP NO.118, SULAY PAGODA RD, KYAUKTADAR TSP
YANGON KAMAYUT TOWNSHIP JUNCTION SQUARE, PYAY ROAD
YANGON TAMWE TOWNSHIP BANYAR DALA ROAD, AUNGMINGALAR
YANGON TAMWE TOWNSHIP BANYAR DALA ROAD, CAMBELL STREET
YANGON BOTATAUNG TOWNSHIP BO AUNG KYAW ROAD, LOWER
YANGON SANCHAUNG TOWNSHIP BAGAYAR ROAD, MYAYNIGONE
YANGON HLAINGTHAYA TOWNSHIP NO ( 263) YANGON PATHEIN STREET NEAR TADAR PHYU QUARTER HLAING THAR YAR TOWNSHIP YANGON
YANGON KAMAYUT TOWNSHIP NO (41)YANGON INN SEIN STREET KAMAYUT TOWNSHIP YANGON
YANGON MAYANGON TOWNSHIP NO (4/KA -C1)GROUND FLOOR 10 QUARTER MAYANGONE TOWNSHIP YANGON
YANGON MAYANGON TOWNSHIP NO (105)ROOM 2, JUCTION 8 PYI STREET MAYAN GONE TOWNSHIP YANGON
YANGON HLAING TOWNSHIP NO (212) YANGON INN SEIN STREET ,13.QUARTER HLAING TOWNSHIP YANGON
YANGON NORTH DAGON TOWNSHIP NO(906),PINLON ST,32 QTR,NORTH DAGON TOWNSHIP.
YANGON NORTH OKKALAPA TOWNSHIP NO(1/A)THU DAMAR STREET ,NYA QUARTER ,6 CORNER NORTH OKKALARPA TOWNSHIP YANGON
YANGON HLAINGTHAYA TOWNSHIP KYANSITTHAR ROAD, (PAGODA ROAD) HLAING THARYAR
YANGON KAMAYUT TOWNSHIP YANGON INN SEIN STREET CORNER OF HLEDAN ROAD HLEDAN CENTER GROUND FLOOR KAMAYUT TOWNSHIP YANGON
YANGON PAZUNDAUNG TOWNSHIP YAYGYAW ROAD
YANGON YANKIN TOWNSHIP LIVING SQUARE,2ND FLOOR,MYANMAR CENTER PLAZA,CORNER OF KABARAYE PAGODA ROAD AND NO.(1) INDUSTRIAL STREET,YANKIN TOWNSHIP,YANGON.
YANGON KYAUKTADA TOWNSHIP PANSODN ROAD, (MIDDLE BLOCK), KYAUKTADA
YANGON MINGALA TAUNGNYUNT TOWNSHIP NO 129/131, THEINPHYU ROAD, TEL - 01-394911
YANGON THINGANGYUN TOWNSHIP BLDG NO.38, ROOM B1, GROUND FL, LAYDAUNKAN ST, THINGANGYUN
YANGON DAWBON TOWNSHIP NO.(215),MIN NANDA ROAD,NEW AYE QUARTER,DAWBON TOWNSHIP ,THAKATA, YANGON
YANGON KYAUKTADA TOWNSHIP NO.212, PANSODAN ST. (MIDDLE BLOCK), KYAWKTADAR TSP
YANGON SHWEPYITHA TOWNSHIP NO.(18/B),BOGYOKEAUNGSAN ROAD,HTAN CHAUK PIN,SHWEPYITHAR TOWNSHIP,YANGON
YANGON INSEIN TOWNSHIP NO (1576) LOWER MINGALAR DONE STREET PHAWT KAN QUARTER INSEIN TOWNSHIP YANGON
YANGON KAMAYUT TOWNSHIP NO.(61),HLEDAN ROAD,(8) QUARTER, KAMAYUT TOWNSHIP,YANGON
YANGON INSEIN TOWNSHIP NO. 212, INSEIN ROAD, INSEIN TOWNSHIP
YANGON THINGANGYUN TOWNSHIP LAYDAUNT KAN ROAD, NEAR SANPYA MARKET
NAYPYIDAW TATKON TOWNSHIP NO (621) NAY PYI TAW TAT KONE STREET LAN MA DAW TATKON TOWNSHIP
NAYPYIDAW PYINMANA TOWNSHIP NO.(4/6),BO GYOKE STREET,MINGALAR QUARTER,PYINMANA TOWNSHIP.
MANDALAY CHANMYATHAZI TOWNSHIP BLOCK 1 , UNIT 9 , MANGALAR MANDALAY , MANDALAY.
MANDALAY CHANAYETHAZAN TOWNSHIP NO.D3, 78 ST, BETWEEN 27 ST AND 28 ST, CHANAYETHARSAN TSP
MANDALAY CHANAYETHAZAN TOWNSHIP 80TH STREET, BETWEEN 30TH & 31ST STREET, CHANAYETHAZAN

List of MCB Branches for Loan Application
No Branch Address
1 Kyauktada Head Office No(256/260),Sule Pagoda Road,Kyauktada Township,Yangon
2 Bayint Naung Branch No(Nya-52/A),Yuzana Street, Bayint Naung Market,Mayangone Township,Yangon
3 Mandalay-1 Branch Corner of 27th & 81st Street, Chan Aye Thar Zan Township,Mandalay
4 Mandalay-2 Branch Bl(721),Corner of 73rd Street & 27th Street, Seiktayyamahi Road,Mandalay
5 Mandalay-3 Branch No(25),Pyay Gyi Mingalar Bus Compound, Ahmarapura Township,Mandalay
6 Pazuntaung Branch No(31/33)(A), Anawrahta Road, Pazundaung Township, Yangon
7 North Oakkalapa Branch No(545/ka),Khaymarthi Road, Ga Gyi Ward,North Oakkalapa Township
8 Lathar Branch No(444),Corner of 17 & Khannarlan Street,Lathar
9 Nay Pyi Taw Branch No.(5), Thiri Yadanar Market Street.Zabu Thiti Township

Repayment Plan

Loan Approval Date 1st Installment Deadline
e.g 16th May to 15th June
16th June to 15th July
1st to 5th July
1st to 5th August

Repayment Methods

Convenient repayment methods for you anytime anywhere! Pay at one of the following payment methods most convenient to you.

  • MCB Branches
  • 663 Application
  • 663 Mobile Money Agents
  • G&G Convenience Stores
  • Samsung Showrooms

Repayment Information
  • To pay monthly installment, the following information are required
    • Citizens Mobile Financing Customer/ Loan Customer Full Name
    • MCB Current Account Number (as per loan contract)
    • Repayment amount
  • Service charge for each repayment of bank , 663 agents applies
  • For repayment via bank transfer from banks other than MCB, the service charge for money transfer of the respective bank applies
  • The receipt or approval text message of the repayment should be kept as proof of payment
  • For details, kindly contact Myanmar Citizens Bank in person or call our hotline at +959-441219134 - 138 or call center at +9512399663.

Eligible Banks for Citizens Mobile Financing Repayment
  • MOB Bank
  • AYA Bank
  • CB Bank
  • MWD Bank
  • SMIDB Bank
  • CHD Bank
  • Rural Development Bank
  • Asia Yangon Bank

*repayment can be made in any branches of the above banks

Hire Purchase services in MCB provide effective financing solutions to our customers in purchasing arrays of machineries in agricultural sector contributing in the industrialization of Myanmar. By offering financing options allowing customers to make payment in installments, MCB brings affordability into the lives of individuals as well as businesses. In collaboration with 17 companies, MCB offers hire purchase services for machineries, housing and apartments, vehicles, and mobile phones.

Some of MCB Hire Purchase products are

  • Agricultural Machineries
  • Housing and Apartments
  • Cars and Vehicles
  • Construction Machineries

Exchange Rates

Currency Buy Sell
USD 1408 1425
EUR 1640 1655
SGD 1026 1036
MYR 346 352

Last updated: 20- 07 - 2018