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10% per annual interest rate The interest rate is variable rate pegged to a base rate i.e., the Central Bank’s Policy Rate. Subject to maximum rate that can be charged according to the Central Bank.
One-time of application fee 1% on loan amount. (Application fees may be deducted from the loan amount).
Individual Myanmar Citizens Main applicant’s age shall be 60 years at the end of loan tenor. Joint Application is accepted with the immediate family member. Only one joint borrower is allowed.