Individual Loans Terms and Conditions:

• Loan amount will be up to MMK 10 Million
• Loan terms is from 4 months to 24 months and will vary depending on the Product Types
• Monthly Repayment and Bullet Repayment and will be vary depending on the Product Types
• Interest Rate will be up to 28% which is based on per year
• Total Fees will be up to 2% which is based on per year
• Compulsory Saving is up to 3% of Loan Disbursement Amount
• 2 Guarantors will be required

Individual Loans Customer Criteria:

• Minimum 21 years old and Maximum 65 years old
• Must agree to accept the Rules and Regulations of iM
• Permanently Lived in a Single Village/Ward Area which was allowed to disburse (except Staff Loan)
• Currently work specified business in specified Village/Ward (except Staff Loan)
• Can find two Guarantors on his/her Loan Can pay back the Loan as per the term fixed by iM