General FAQs

It all depends on the purpose of taking loan, a tough business, willingness and other conditions.

It doesn’t need guarantors as compulsory but it needs at least 2 applicants when apply for SME Loan.

It takes about 20days depend on Loan case conditions and criteria.

1. Yes, it is calculated (2%) per month on the default amount (P + I) based on daily basis.
2. It is charged to the loan account at the end of every month. (Capitalized)

Not, it doesn’t need to pay any early settlement fees based on currently conditions.

1. At the moment, can be applied at the Shwe Bon Thar -Yangon Branch and Mandalay 84st Branch
2. Monthly Amortization (principal + Interest)
3. Can be applied Grace Period depend on loan purpose and business types.

1. One-time of application fee 1% upfront on loan amount.
2. It will also have other Legal fees but it depends on type of collateral.

Can be accepted below types of collateral

1. Land and Building
2. Cash Collateral (Deposit)
3. Bond
4. Gold Bars and Jewelry
5. Bank Guarantee
6. Apartment and Condo
7. Vehicles and Machinery

The interest Rate is 10% to 13.5% (per annum). Calculation will be based on daily basis.

Repayment Period depends on the nature of enterprise.

1. For Short Term            – up to 1 year
2. For Medium Term       – up to 3 years
3. For long Term             – up to 5 years.

1. SMEs and MSMEs in Myanmar that must have minimum Business operation of 2 years can be applied for SME Loan.
2. Maximum Loan Amount is up to 1 billion (MMK)), based on value of collateral and business cash-flow.

You can make the deposit at our CRM Machine on 24*7 basis and our branches on working hours only. You need only NRC.

You can apply it at branch.

Initial Deposit for opening new account is 10,000 MMK.

Yes. (It is possible when CBM Net is available).

There will be penalty fees for late payment.

You cannot add anyone to your individual account. You will have to open a separate joint account.

If you lose your debit card , firstly you need to inform our call center hotline number (+959 7777 8888 1) and block your card temporarily.

It will take only one working day to renew your FDB MPU Debit Card.

If you lose your debit card , firstly you need to inform our call center hotline number (+959 7777 8888 1) and block your card temporarily.

The daily maximum transaction limit for FDB MPU Debit card is 1,000,000 MMK. It may change according to Central Bank of Myanmar and the bank’s regulations.

The customer can enjoy our FDB MPU Debit card in purchasing goods and services at Point-of-Sales (POS) Terminal, online purchasing at e-Commerce Platform. In near future, we will extend our card services in various of online and digital payment platforms.