Frequently Asked Questions

It must be 3 years. But depend on business nature and conditions, can be accepted at least 2 years.

Yes, it needs compulsory.

No, It can’t. Operation experience must be at least 3 years. Therefore, can be reviewed business conditions.

No, It can’t. Operation experience must be at least 3 years.

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.

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 commercial Loan.

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

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

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

• Update Business License
• DICA Certificate of Incorporation and company extract, Company constitution resolution, Import/Export license
• At least 3 years of the financial records
• The last fiscal 3 years of Income Tax invoices

• NRC (Original/Copy)
• House Hold Registration (Original/Copy)
• Residence Recommendation Form Ward Office
• Applicant’s license one photo

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

• Corporates business in Myanmar that must have minimum Business operation of 3 years can be applied for Commercial Loan.
• Maximum Loan Amount is above 1 billion (MMK), based on value of collateral and business cash-flow.

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.

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

Commercial Loan provides additional cash for businesses to operate properly.

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.

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 renewal 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(Cash Withdrawal) for FDB MPU Debit card is 500,000 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 any MPU at Point-of-Sale (POS) Terminals, online purchasing at MPU e-Commerce websites. In near future, we will extend our card services in various of online and digital payment platforms.

SME Term Loan is designed specifically to assist SMEs in raising working capital or expanding production capacity.

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

a) For Short Term            – up to 1 year

b) For Medium Term       – up to 3 years

c) 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.

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.

• NRC (Original/Copy)
• House Hold Registration (Original/Copy)
• Residence Recommendation Form Ward Office
• Applicant’s license one photo

• Updated Business License
• DICA Certificate of Incorporation and company extract, Company constitution resolution, Import/Export license
• At least 2 years of the financial records
• The last fiscal 2 years of Income Tax invoices

Can be accepted below types of collateral

• Land and Building
• Cash Collateral (Deposit)
• Bond
• Gold Bars and Jewelry
• Bank Guarantee
• Apartment and Condo
• Vehicles and Machinery

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

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

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

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)

No, It can’t. Operation experience must be at least 2 years.

No, It can’t. Operation experience must be at least 2 years. Therefore, can be reviewed business conditions.

It must be 2 years. But depend on business nature and conditions, can be accepted at least 2 years.

Yes, it needs compulsory.

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.

Click on the “link” button to find out more. Moreover you can get it by visiting the nearest FDB branch.

Current account is non-interest bearing account which comes with cheque book for fast and easy transaction. Suitable for businesses with daily payment transactions.

• Individual Account(18 Years & above)
• Joint Account (18 Years & above)
• Commercial (Registered business in Myanmar)
• Association (Registered in Myanmar)

• Main Applicant NRC (18 Years & above )
• Joint Applicant NRC (18 Years & above )
• Business-related documents
• Associations-related documents

• DICA Registration (Certificate of Incorporation and DICA Extracts)
• Business License (If Available)
• Board of Director’s Resolution/Meeting Minute
• Specimen Signature of Account Holders

• Association Registration Certificate
• 2 introducers
• Cover letter to open bank account singed by licenseelicensee.
• Meeting Minute and Authorize Signatories

Joint Current Account is available.

Foreigners are allowed to open a current account.

Free Linkage with Debit Card for individual current account.

Initial Balance: 10,000/-MMK

Minimum Balance : 5,000/-MMK

You can use cheque for fast and easy payments. The cheque book issuance is —-/book.

Please leave your detail at “link button” so that FDB team can contact you for more detail.

Saving deposit holder can enjoy monthly interest while saving money.

• Individual Account(18 Years & above Myanmar national)
• Joint Account (18 Years & above Myanmar national)
• Joint Account_Minor (with a legal Guardian 18 Years & above)
• Commercial (Registered business in Myanmar)
• Association (Registered in Myanmar)

• Main Applicant NRC (18 Years & above )
• Joint Applicant NRC (18 Years & above )
• Birth Certificate and Household Registration (For Minor Account)
• Business-related documents
• Associations-related documents

• DICA Registration (Certificate of Incorporation and DICA Extracts)
• Business License (If Available)
• Board of Director’s Resolution/Meeting Minute
• Specimen Signature of Account Holders

• Association Registration Certificate
• 2 introducers
• Cover letter to open bank account singed by licenseelicensee.
• Meeting Minute and Authorize Signatories

• 5.00% p.a (Between 5,000/- and 50,000,000/-) MMK
• 6.00% p.a (Above 50,000,000/-) MMK

• Minmum Balance – 5,000/- MMK
• Intial Deposit – 10,000/- MMK

Interest is calculated monthly on the minimum balance between 5th and end of each month. Interest is compounded at the end of December, March, June and September.

Foreigners are not allowed to open a current account.

Free Linkage for Debit Card

Foreign currency account is not available at the moment.

Please leave your detail at “link button” so that FDB team can contact you for more detail.

Call deposit holder can enjoy daily interest based on day end balance. Therefore call deposit account is highly suitable for customers & businesses with large volume of daily transactions.

• Individual Account(18 Years & above Myanmar national)
• Joint Account (18 Years & above Myanmar national)
• Commercial (Registered business in Myanmar)
• Association (Registered in Myanmar)

• Main Applicant NRC (18 Years & above )
• Joint Applicant NRC (18 Years & above )
• Business-related documents
• Associations-related documents

• DICA Registration (Certificate of Incorporation and DICA Extracts)
• Business License (If Available)
• Board of Director’s Resolution/Meeting Minute
• Specimen Signature of Account Holders

• Association Registration Certificate
• 2 introducers
• Cover letter to open bank account singed by licenseelicensee.
• Meeting Minute and Authorize Signatories

Intial depsoit: 10,000 MMK, Minimum Balance: 5,000 MMK

You can withdraw at any branch.

• Free Passbook
• Interest is calculated on daily basis and credited monthly.
• iBanking/mBanking

You can link with current account only.

• 2.5 % p.a for Balance under 10, 000, 001 /-
• 3 % p.a for Balance between 10, 000, 001 /- and 50, 000, 001/-
• 4 % p.a for Balance and/above 50, 000, 001 /-

Interest is calculated daily on the closing balance and compounded monthly.

Please leave your detail at “link button” so that FDB team can contact you for more detail.

Fixed deposit is a term deposit with higher interest rate than regular saving account, which is paid at the maturity date. Suitable for customer who set aside regular saving for certain period of times.

• Main Applicant NRC (18 Years & above )
• Joint Applicant NRC (18 Years & above )
• Business-related documents
• Associations-related documents

• DICA Registration (Certificate of Incorporation and DICA Extracts)
• Business License (If Available)
• Board of Director’s Resolution/Meeting Minute
• Specimen Signature of Account Holders

• Association Registration Certificate
• 2 introducers
• Cover letter to open bank account singed by licenseelicensee.
• Meeting Minute and Authorize Signatories

50,000 MMK

Only Account Holder is allowed to make a withdrawal at the maturity date of deposit.

Yes

The Account Holder has to visit the bank’s Head Office or Branches and give instruction to extend

An active saving account has to be opened.

Yes, Fixed Deposit Certificate stating amount and tenor will be issued.

Interest is calculated based on the deposit amount at the tenor selected and the interest will be credited into Account Holder’s account at maturity.

• 30 days – 6.00%
• 90 days – 6.5%
• 180 days – 7.25%
• 270 days – 7.75%
• 365 days – 8.00%
• 2 years – 8.25%

Please leave your detail at “link button” so that FDB team can contact you for more detail.