MPU CREDIT CARD
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 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 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/- |