MAB Bank review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

MAB Bank is a direct lender to salaried staff whose pay is already paid into MAB Payroll, with a guarantor required. It suits that payroll circle rather than the wider loan market, and the 15% rate is where the comparison starts.

Key facts

Best for
Salaried MAB Payroll customers with a guarantor covering a short term gap.
APR
15% (Source, checked September 26, 2026)
Term
2 to 6 months (Source, checked September 26, 2026)
Arrangement fee
10,000 MMK processing fee (Source, checked September 26, 2026)
Credit check
Hard (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Free early repayment
No (Source, checked September 26, 2026)
Eligibility
Salary received through MAB Payroll for at least 6 consecutive months, minimum monthly salary 300,000 MMK, one guarantor, no MAB blacklist or Credit Bureau default record (Source, checked September 26, 2026)
Loan types
Personal, Guarantor (Source, checked September 26, 2026)
Credit needed
Good (Source, checked September 26, 2026)
Legal entity
Myanma Apex Bank Ltd (Source, checked September 26, 2026)
Headquarters
Myanmar (Source, checked September 26, 2026)
Founded
2010 (Source, checked September 26, 2026)
Support channels
Phone, Email, Help-centre (Source, checked September 26, 2026)
Official website
mabbank.com

Apps and profiles

Get the app
App Store
Elsewhere
WikidataWikipediafacebook.cominstagram.comyoutube.comtiktok.com

Pros and cons

Pros

  • A good credit requirement with a hard check, so the bar is clear before applying.
  • personal and guarantor lending routes, with the guarantor built into the product rather than added later.
  • Support runs on phone, email and help centre for application questions.

Cons

  • Free early repayment: no, so paying off the loan ahead of schedule has a cost.
  • Terms run 2 to 6, a short window next to the 48 median for personal loans.
  • Narrow eligibility: salary through MAB Payroll for a waiting period, a minimum monthly salary and a guarantor, so a direct lender built around its own payroll scheme leaves much of the market elsewhere.
MAB Bank

Ready to try MAB Bank?

Scored 8.7 / 10 by BorrowCue.

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Who it suits

  • Salary earners whose pay is already paid into MAB Payroll, with no MAB blacklist or Credit Bureau default record and a guarantor ready.
  • Existing bank customers covering a gap between two salaries rather than funding a large purchase.

Who should look elsewhere

  • Monzo Flex, whose 10% to 23% band suits a longer repayment than MAB Bank's 2 to 6.
  • Cashspace ES, whose 0% rate pulls anyone chasing a cheaper headline rate away from MAB Bank's 15%.

Safety and regulation

MAB Bank is a direct lender, direct lender, so the loan contract sits between the bank and the borrower with no intermediary pricing it. Supervision in Myanmar sits with the Central Bank of Myanmar (CBM). Because the money is borrowed rather than held, the relationship is a lending one throughout, and the borrower repays into the account the loan was taken from.

Who runs it

MAB Bank trades as Myanma Apex Bank Ltd, a bank headquartered in Myanmar and in operation since 2010. Support for application queries runs on phone, email and help centre, so a borrower deals with one named institution from the first question to the last instalment, and the same legal name stands behind both the salary product and the loan.

How MAB Bank compares

Where MAB Bank is available

Available
Myanmar
Licence in Myanmar
Central Bank of Myanmar (CBM), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate does MAB Bank charge?+

MAB Bank's listed rate is 15% on a direct lender basis, so no broker margin sits inside the figure. The ranking of personal loans here puts a 12.25% median in place, and MAB Bank sits above it. A 10,000 MMK processing fee processing fee is charged on top of the interest.

What fees apply on top of the interest?+

Beyond the interest at 15%, the record lists a 10,000 MMK processing fee processing fee. Free early repayment: no, so the total cost of a 2 to 6 loan is higher for anyone who settles it early than the headline rate alone would suggest.

Who can apply for a MAB Bank loan?+

Salary must already be paid into MAB Payroll for a waiting period, alongside a minimum monthly salary and a guarantor. Credit needs to be good and the search is hard, with no MAB blacklist or Credit Bureau default record. The product sits under personal and guarantor lending.

How long is the repayment period?+

Terms run 2 to 6, a short window beside the 48 median term for personal loans in the ranking. The product is built for a gap between two salaries rather than a long borrowing, and the guarantor requirement is part of that structure.

Can I repay the loan early?+

Free early repayment: no, so a part payment before the end of 2 to 6 can carry a charge. That runs against 79.5% of the personal loans in the ranking. If you expect to finish ahead of the term, price the exit before you apply.

Is MAB Bank regulated?+

MAB Bank is a direct lender operating in Myanmar, supervised by the Central Bank of Myanmar (CBM). Because the bank lends directly, the contract is with Myanma Apex Bank Ltd itself rather than with a broker, and direct lending keeps the pricing inside one set of terms.

How do I get help from MAB Bank?+

Support runs on phone, email and help centre, which covers phone, email and a help centre. That reaches most questions on a salary loan, from guarantor documents to pay date deductions, and a written channel suits anything that needs a record of the answer.

Sources

  • mabbank.com/en checked September 26, 2026

    Backs: Support channels

    “MAB 24/7 Call Center [01-8610612 ... Head Office 207,Thein Phyu Road ... [email protected] ... FAQs, Help & Support”

  • mabbank.com/en/about-us checked September 26, 2026

    Backs: Licences, Founded, Headquarters, Legal entity

    “Founded on July 2, 2010, Myanma Apex Bank Ltd. (MAB)”

  • mabbank.com/en/consumer-banking/compare-loans checked September 26, 2026

    Backs: Free early repayment

    “Better Salary Loan - Early Repayment Fees -”

  • mabbank.com/en/consumer-banking/loans/better-salary-loan checked September 26, 2026

    Backs: APR, Credit check, Credit needed, Eligibility, Lender type, Loan types, Arrangement fee, Term

    “Better Salary Loan - Rates and Fees: Interest 15% p.a.”

Compiled from 4 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Loan amount, Funding time, Representative example.

Related by the facts

MAB Bank

MAB Bank

Salaried MAB Payroll customers with a guarantor covering a short term gap.

8.7/10See alternatives

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