{"id":4099,"date":"2018-09-14T04:12:34","date_gmt":"2018-09-14T04:12:34","guid":{"rendered":"https:\/\/www.mobmyanmar.commyanmar\/?page_id=4099"},"modified":"2022-06-10T12:57:16","modified_gmt":"2022-06-10T06:27:16","slug":"education-loan","status":"publish","type":"page","link":"https:\/\/www.mobmyanmar.com\/?page_id=4099","title":{"rendered":"Education Loan"},"content":{"rendered":"

EDUCATION LOAN<\/h2>\n
\n

Loans for students or employees who want to study for Certificate, Diploma, Bachelor & Master Degree<\/p>\n

Loan period<\/h4>\n
    \n
  • minimum 1 year (2 years for the large amount of fees)<\/li>\n<\/ul>\n

    Fees & Charges<\/h4>\n
    \n\n\n\n\n
    Interest Rate<\/td>\n(10.00%)<\/td>\n<\/tr>\n
    Service Charges<\/td>\n(1.00%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

    Down Payment<\/h4>\n
      \n
    • Minimum: 30%<\/strong> down payment & monthly principal payment<\/li>\n<\/ul>\n

      Required Documents<\/h4>\n

      If an applicant is an individual,<\/b><\/p>\n

        \n
      • Form for Education Loan and related rules<\/li>\n
      • Business license of parents<\/li>\n
      • Profit & Loss statement and bank statement (for two closet financial years)<\/li>\n
      • Tax slip (for two closet financial years)<\/li>\n
      • Photos of business (Photos of operation, Raw materials & finished products, buildings and offices<\/li>\n
      • NRCs and household registration<\/li>\n
      • Passport photo of the applicant<\/li>\n
      • Commitment of guarantors<\/li>\n
      • Ward certification and recommendation from respective training school\/ college \/ university<\/li>\n
      • Need to open a current deposit account<\/li>\n<\/ul>\n

        If the applicant is civil servant,<\/b><\/p>\n

          \n
        • NRCs and household registration, Passport Photo<\/li>\n
        • Living certificate from ward administrative office<\/li>\n
        • Position\/salary recommendation by respective government department<\/li>\n
        • A guarantor who is able to pay the loan on behalf of the applicant<\/li>\n
        • NRC and household registration of guarantors<\/li>\n
        • Commitment from guarantors<\/li>\n
        • Recommendation from respective training school \/ college \/ university<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

          EDUCATION LOAN Loans for students or employees who want to study for Certificate, Diploma, Bachelor & Master Degree Loan period minimum 1 year (2 years for the large amount of fees) Fees & Charges Interest Rate (10.00%) Service Charges (1.00%) Down Payment Minimum: 30% down payment & monthly principal payment Required Documents If an applicant…<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":7775,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-4099","page","type-page","status-publish","hentry"],"yoast_head":"\nEducation Loan - MOB Bank<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mobmyanmar.com\/?page_id=4099\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Education Loan - 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