Manufacturing Loan

SME Development Bank's Manufacturing Loan is the type of loan that is funded for manufactures products that are in financial need to convert from raw to finished, difficult tasks for buying equipment, technically difficult tasks for producing better products, needed to buy raw materials tasks.


Default interest rate

  Interest rate (13.5%)


Loan Term

Up to 18 Months

Maximum Loan Amount

  Maximum 20 Million MMK



  1. Manufacturing Loan Application Form
  2. Company License issued by DICA ၊ if other ministries have a separate license, submit it
  3. Tax Payments for Business
  4. Profit and loss statement
  5. Business Report Photos
  6. 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
  7. Business Proposal for loan plan
  8. A photocopy of two insurers & a copy of the household list, Proof of Income
  9. The applicant is only 18 to 60 years old
  10. Applicant business’s must be at least 2 years old

  1. The maximum loan amount is 200 Million MMK.
  2. Service charge per year (1%) & Interest rate (13.5%), Plenty Fees (1%) will be charged if failure to pay principal.
  3. Interest will be charged once every three months.
  4. The term of the loan is 3 to 18 months.
  5. The applicant must open an account at the SME Development Bank and have to open Ten Thousand MMK (MMK 10,000) at the beginning of the account.
  6. The repayment of the loan is to be paid in accordance with the decision of the Loan Committee, based on the operational circumstances and the risk of loss.
  7. If you are using a loan that has been used during the loan application process,  and if it is found to be in a non-commercial use, you must immediately repay the loan.
  8. You must agree to pay the principal & interest as per the bank's Repayment Schedule.
  9. In case of failure to make a contribution, it must be agreed that the charges are not in accordance with the existing laws and are punishable by criminal law.
  10. The Bank will periodically inspect the business and immediately repay the loan unless it is used in the business.