MPU CREDIT CARD (CLASSIC CARD)

Monthly Income of at least 150,000 kyats (Minimum annual income MMK 1,800,000/- or above) to apply MOB MPU credit card (Classic Card)

Eligibility

Minimum Age

  • Age 21 years and above (Principal card)
  • Age 18 years and above (Supplementary card)

Nationality

  • Myanmar citizens

Benefits

  • No initial deposit required
  • No joining fee
  • Up to 45days Interest Free period
  • Benefits, Deals and Discounts from MPU & MOB
  • Cash Advance Limit (20% of Credit Limit)
  • Payment Options ( Minimum 10% of the amount due or higher )
  • Convenient

Required Documents

  • NRC / Passport Copy of Applicant
  • Residential address proof / Copy of Household list
  • Latest 3 month’s bank statement / passbook showing your name & Account No.
  • Proof of Income
  • Other Documents (if any)
  • Must open MOB DEPOSIT ACCOUNT

Employed (Continuous employment must not be less than 3 months)

  • Employment letter
  • Salary statement

Self-Employed

  • Copy or Company Registration
  • Business License
  • Profit and loss account
  • Form 6 / Form 26 / Memorandum of BOD
  • Other required documents requested by MOB

Fees and Charges

Annual Fee MMK 10,000/-
Supplementary Cards Annual Fees MMK 5,000/-
Card Replacement Fee MMK 8,000/-
Financial Interest (%) 13 %  p.a
Cash Advance Fee 1.5% of the advance amount (or) MMK 1,000 (whichever is higher)
Cash Advance Limit 20% of available credit line
Retail Purchase Limit 100% of available credit line
Partial Payment Fee 1% of outstanding balance
Late Payment Fee MMK 2,000/-
Over limit Fee MMK 2,000/-
PIN Replacement Fee MMK 1,000/-
Interest Free Period Up to 45 Days
Repayment Minimum 10% of outstanding amount
Additional Copy of Sales Draft and Statement MMK 3,000/-
Return Cheque / DDA Fee MMK 2,000/-
Printed Statement fee (via post) MMK 500/-
Charge back handling fees MMK 5,000/-

MPU CREDIT CARD (GOLD CARD)

Monthly Income of at least 500,000 kyats (Minimum annual income MMK 6,000,000/- or above) to apply MOB MPU credit card (Gold Card).

Eligibility

Minimum Age

  • Age 21 years and above (Principal card)
  • Age 18 years and above (Supplementary card)

Nationality

  • Myanmar citizens

Benefits

  • No initial deposit required
  • No joining fee
  • Up to 45days Interest Free period
  • Benefits, Deals and Discounts from MPU & MOB
  • Cash Advance Limit (20% of Credit Limit)
  • Payment Options ( Minimum 10% of the amount due or higher )
  • Convenient

Required Documents

  • NRC / Passport Copy of Applicant
  • Residential address proof / Copy of Household list
  • Latest 3 month’s bank statement / passbook showing your name & Account No.
  • Proof of Income
  • Other Documents (if any)
  • Must open MOB DEPOSIT ACCOUNT

Employed (Continuous employment must not be less than 3 months)

  • Employment letter
  • Salary statement

Self-Employed

  • Copy or Company Registration
  • Business License
  • Profit and loss account
  • Form 6 / Form 26 / Memorandum of BOD
  • Other required documents requested by MOB

Fees and Charges

Annual Fee MMK 20,000/-
Supplementary Cards Annual Fees MMK 10,000/-
Card Replacement Fee MMK 12,000/-
Financial Interest (%) 13 % p.a
Cash Advance Fee 1.5% of the advance amount (or) MMK 1,000 (whichever is higher)
Cash Advance Limit 20% of available credit line
Retail Purchase Limit 100% of available credit line
Partial Payment Fee 1% of outstanding balance
Late Payment Fee MMK 2,000/-
Over limit Fee MMK 2,000/-
PIN Replacement Fee MMK 1,000/-
Interest Free Period Up to 45 Days
Repayment Minimum 10% of outstanding amount
Additional Copy of Sales Draft and Statement MMK 3,000/-
Return Cheque / DDA Fee MMK 2,000/-
Printed Statement fee (via post) MMK 500/-
Charge back handling fees MMK 5,000/-