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Page: Project Loan

Project Loan

SME Development Bank’s Project Loan focuses on large corporations that want to expand their infrastructure. Industrial projects; Public services; Projects that have secured project assets; Fixed Loans are a type of long-term loan that provides financing for businesses that need to buy equipment for the business.

Interest rate

Interest rate (9% ~ 13.5%)

Loan Term

Project timeline

  • Documents To Submit To The Bank
  • Terms & Condition
  1. Application for Project Loan
  2. BOD Meeting Resolution

(Must have the name of the project / loan amount and the name of the director of the deposit / withdrawal)

  1. Proposed repayment Schedule
  2. Company License List of Directors if it has a separate license from other ministries
  3. Profit Invoice
  4. Profit and loss statement
  5. Previous Project Activities
  6. Proof of successful contract for project loan (must submit proof of Hluttaw approval in the relevant fiscal year)
  7. Copy of the Guarantee (if any)
  8. Project Photos
  9. NRC copy of Cash Depositor & withdrawer & a copy of the household List, Community Letter of Intent (original); Two licenses Photo of (1 “x1”) Within in 6 months
  10. Summary of business and loan details
  11. Notification that the relevant ministry / depositor shall make payment to the list of creditors in the SME Development Bank.
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