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Interest Rate
Min. Down Payment

AYA Super Suzuki Finance Car Loan

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Flat Method : 9% 1 yr

Flat Method : 8.5% 1 yr abv

Amortization : 13% 1 yr

30% down payment

Description

Service Charges : No Charges

Eligibility : Myanmar Citizen aged from 20 to 55 years

Required Documents :

  • Personal Info : NRC Household List Original Testimonial Letter from Ward Administration Office
  • Salary Employed: Salary Slip (minimum 3 months) Employment Confirmation Letter Bank Statement (minimum 3 months) Professional License (such as Doctor License, Seaman’s CDC) Self Employed Business or Company Registration Documents Income/ Financial Statement (Operating Account) Tax Receipts
  • Self Employed : Business or Company Registration Documents, Income/ Financial Statement (Operating Account), Tax Receipts
  • Car Related Info : In-Principle Loan Approval Letter Sales and Purchase Agreement Bill of Lading and Import Declaration (if applicable) Owner Book and Premium Book (if applicable) Wheel Tax (if applicable) Car Photos

Application Fees : No Charges

Fees :

  • PO Commission 0.1% (on car price)
  • Early Repayment Fees 4% (on prepaid principal)
  • Late Fees or Penalty Fees 3% (on due amount)

KBZ Car Loan

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N.A

30% - 50%

down payment

Description

Sevice Charges : 1% of Product’s total cost

Eligibility :Any Myanmar Citizen

Required Documents :

  • Personal Info : Bill or receipt of product purchase, NRC card (Need to show original), Household chart (Form 66/6), Local Authoritative Recommendation, Police Station Recommendation, Guarantor

Application Fees : No Charges

Fees :

  • 9% ( 1 yr )
  • 5% ( 2 yr )
  • 5% ( 3 yr )
  • 5% ( 4 yr )
  • 5% ( 5 yr )

CB Car Loan

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Flat Method : 9%

Amortization Method : 13%

30% down payment

Description

Sevice Charges : 3% on rental fee

Eligibility : Any Myanmar Citizen

Application Fees : No Charges

Required Documents :

  • Personal Info : NRC (Copy), Household Registration (Copy), A letter from town council to verify address, Testimonial from district police station
  • Income Info : Source of Income (Pay Slips for past 3 months), Bank Statement (at least past 6 months), Tax receipt-at least one year (Copy)

YOMA Car Loan

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30 % - 50%

Annual Interest Rate

13% down payment

Description

Sevice Charges : 1% on rental fee

Eligibility : Myanmar Citizen aged at least 20

Required Documents : Completed Application Form, Family Registration, NRC,Recommendation Letter from the Ward Office,Sales invoice from the seller,Open an account at Yoma Bank, Guarantor

Application Fees : No Charges

Fees : 2% Penalty Fee per month on the outstanding balance 30 days from the first OD coourrence

MAB Car Loan

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13 %

Annual Interest Rate

20% down payment

Description

Application Fees : 500 Ks

Sevice Charges : 1% on rental fee

Eligibility : Myanmar Citizen

Required Documents : Hire Purchase Application, Sales Contract (or) Sales Invoice, Employer Company Information,NRC,Household Certificate

AGD Car Loan

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N.A

20% down payment

Description

Fees : 9% Rental fee p.a

Sevice Charges : 1% on rental fee

Eligibility : Myanmar Citizen

Required Documents : NRC , Bill of product purchase,Household chart,Verify addressby town council

Application Fees : No Charges

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