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Information
| Eligible Customer | Local Students (Myanmar Citizens) who secured admission to attend Diploma in Health Science Technology Courses (DMLT, DMIT, DDT) |
|---|---|
| Age of Borrower | Minimum age 21. If a student is minor, main borrower shall be his/her father or mother (or) close relative if mother or father passed away |
| Personal Guarantee | The student along with his/her Father or Mother as Joint Borrower or close relative if mother or father passed away |
| Collateral security | unsecured Loan up to 15 Mn : If loan amount is over 15 Mn, borrower needs to support collateral such as apartment, condo, cash security |
| Loan amount & interest | 20 % to 80% of the total cost of study |
| Interest | Monthly interest (12% per year) shall be paid by the guarantor to the Institution |
| Repayment Holiday | Course Period + One Year from the declaration date of result or 6 months from getting a job, whichever is earlier. |
| Required documents and other KYC (Know Your Customer) Documents | One copy each of marks list, certificate(s) or degree(s) |
| Detail of loan repayment with mode and frequency of payment | |
| Detail about the course, which the student would like to study | |
| Any other relevant documents to prove the qualification and achievements(s) |
