Required Documents

Application Letter together with description of types of argricultural product/crop,year amount of product (tin/tonne, purchase price, total value and date, month & year of purchase)

Description of warehouse:location & type (roof,wall and floor)

Ownership of warehouse(own property or rent), fast and last dates of storing the crops and duration of storage

Description of age of the entrepreneur, any successors, years of business experience, share, annual profit and details of business.

Terms Conditions

Projected business and plan shall be submitted in applying for Pledge loan.

Interest Rates

  • 13 %

    Per Annum For Every MMK 100

  • Capital can be repaid on the day the loan is matured (after 6 months).

  • 14 %

    For Late Interest Payment

  • 2 %

    For Late Capital Repayment

Note: The term of Pledge Loan is 6 months. Depending on the interest repayment and purpose of extension, it can be negotiable for next 3 months of extension by the approval at the meeting of Board of Directors.

Happy Call

We’ll be more than happy to answer any concer you may have.

Happy Call

We’ll be more than happy to answer any concer you may have.

Frequently Asked Questions

MCB offers Pledge Loan by keeping exporters’ agricultural products as pledge to help develop the trading and manufacturing businesses.

SME Business Center
NO.(G1-G5) (S1-S7) Jo Phyu Road, Aung San Station, Pha Sa Pa La Quarter, Mingalar Taung Nyunt Township, Yangon.
Ph 01 245934,01 255753
Email smedept@mcb.com.mm