Term Loan

Term Loan

General Purpose of Account

SHWE Bank Term Loan is the best fit for the long-term capital investment of the businesses such as purchasing Machinery, Equipment, Property, etc. 

Product Feature

  • Easy to submit loan applications at SHWE bank branches 
  • Able to drawdown subject to the approved drawdown plan 
  • Monthly or Quarterly repayment for interest 
  • Loan will be in fully repayment at the final maturity date 

General Customer Eligibility 

  • Small Businesses
  • Medium Businesses
  • Corporate Sized Businesses

Detail Description

Table Header Table Header
Type :
Term Loan
Currency :
Operating Instrument :
Cheque Book
Suitable for :
Term Loan is suitable for businesses which require financing for a long-term capital investment.
Loan Tenure :
Up to 3 years
Eligible Collateral :
  • Lands and Buildings
  • Cash Margin (MMK/USD)
  • Project Contracts
Interest Rate :
10% per annum
Service Charge :
1% flat on the sanction amount
Repayment Method :
Interest is to be repaid monthly or quarterly and principal is to be repaid as a bullet payment at the final maturity date. (Or) Fixed monthly repayment method.

Required Documents for Loan Application

Documents related to the loan applications

  • Loan Application Form
  • Cover Letter with company seals
  • BOD resolution

Documents related to the business

  • Company Registration or Certificate of Incorporation
  • Updated DICA Company Extracts
  • Import/Export License
  • Business License
  • Business Plan (Purpose of Financing & proposed collateral type)
  • Audited Financial Statements (last 3 years)
  • Tax Slips (last 3 years)
  • Buyer & Supplier invoices or Purchase Order (last 6 months)
  • Other related documents

Documents related to the applicants

  • Personal Documents (NRC, Census and Letter of Recommendation from Housing ward Administration)

Documents related to the Collateral

  • Collateral original documents
  • Succession Documents related to the original documents
  • Form 105 Map of a plot of land
  • Form 106 Land history
  • Collateral and Business Photos
  • Other related documents