Personal Loan
Mandalay Capital provides personal loan for each individual who wants to use it for educational and many personal purposes such as Term Loan, Mortgage Financing, Economy Financing / Installment Loan, Gold Financing, Agriculture Pledged Financing, etc.
Mandalay Capital offers Students Loan or financial support for Diploma, Degree and Post Graduate programs from Local Private Schools, Colleges, Universities and accredited International Schools.
Detail Information
Please contact us support@mcapital.com.mm for further information
What do we need to apply?
Frequently Ask Questions
Can I pay off my loan early?
+ x- Yes. You can pay off your loan early, with fair and considerable prepayment penalties.
Who can be my guarantors?
+ x- Anyone who knows you for a significant period of time, preferably your legal guardians with good income or event sponsors or your current employers or colleagues (either same position level or higher) at your workplace who is willing and able to make the monthly repayment on your behalf, should you unable to do so. Each guarantor should not have any other guarantees for any loan application, both in process and active, with Mandalay Capital and its affiliates.
Can I apply for a second loan before paying off the existing loan?
+ x- Generally “No”. If you have an outstanding loan that is not fully repaid, you can't borrow again. Once the loan is fully repaid, you will be able to submit another new loan application within 48 hours.
How quickly can I apply for a personal loan?
+ x- It depends on individual credit worthiness. You will need to provide proof of your identity with employment verification and your address, bank statements and have a good credit history. Parental or personal guarantee or third party credit guarantors are welcome. Mandalay Capital is driven to approve and distribute funds within 1-2 business days after final approval.
