• Age must be 21 years old and above.

You can apply at the nearest MD bank branches.

• Enjoy Visa discounts and offers worldwide for both retail and e-commerce
• Check your purchase transactions in real-time using MD Pay Wallet
• Minimum income of MMK 24 million per annum

1.  Personal Guarantee of one person with income (exempted for special cases)
2.  Documents for Borrower & Guarantor
   • Application Form
   • NRC Copy – Original to verify
   • Copy of Passport
   • Recent Passport Size Photo
   • Copy of Household Registration Letter
   • Recommendation from Head of Quarter
3.  Income Proof – For the Employee
   • 3 Months Bank Statement
   • Certificate from Employer
   • Pay Slip (not required, if salary is credited to bank account)
   • Copy of Tax Book
4.  Income Proof for Self Employed /Business
   • 6 Months Bank Statement
   • Business License/ Company Registration
   • DICA extract showing shareholder details
   • Previous Year Tax Receipt
   • Site visit by bank staff and assessment of business activity

• Annual Fee (Principal) 100,000 MMK
• Annual fee (Supple) 50,000 MMK
• Pin Reissuing Fee 1,000 MMK
• Replacement Card Fee 10,000 MMK
• Cash Advance Fees (MD Bank ATM) 6% (Min – 1,000 MMK)
• Cash Advance Fees (Other ATM) 6% (Min – 1,000 MMK) + Other Bank Charges
• Cash Advance Fees (International ATM) 1,1000MMK+Mark-up+Oversea Bank Charges(Mininum Charges for each Txn is 1,000MMK)
• Late Fees (Per Month) 2%
• Balance Inquires Fee ( Any ATM) Free
• Interest (Per Year) 20%
• Penalty Fee 1%
• Legal Noice fee 30,000 MMK (No payments for 180 days and abrove from billing date)
• Over Limit Fee 3%
• Bank Statement Printing Fee 1,500 MMK