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Interest Rate
Min. Down Payment

AYA Home Loan

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11.5 %

Annual Interest Rate

30% down payment

Description

Service Charges : 2 %(On Loan Amount)

Eligibility : Myanmar Citizen aged from 20 to 50 years

Required Documents :

  • Salary Employed : Employment Confirmation letter, Salary Slip (minimum 3 months), Professional License (such as Doctor License, Seaman’s CDC), Bank Statement (minimum 3 months)
  • Self Employed : Business License or Company License, Form 6, Form 26 & Form E, Memorandum and Articles of Association, Income/Financial Statement (Operating Account), Tax Receipts (for 3years)

Application Fees : 50,000 Ks

KBZ Home Loan

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11.5%

Annual Interest Rate

30% down payment

Description

Sevice Charges : 1.5 % on loan amount(including Assessor Fees, Lawyer Fees and GP charges)

Eligibility : Myanmar Citizen aged from 20 to 50 years

Required Documents :

  • Salary Employed : Employment verification letter(career, salary, number of years with company), Salary verification letter (tax slip copy), Bank Statements (6 months most recent), Rental contract (if you have one)
  • Self Employed : Business License, Financial Statements(last 3 years needed), Cash Flow Statement (6 months), Tax Pay Slip Copy

Fees :

  • Fire Insurance Yearly (0.02% on Property Value)
  • Stamp Duty (0.5% on Home Loan Amount)

CB Home Loan

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11.5 %

Annual Interest Rate

30% down payment

Description

Sevice Charges : Maximum 2% on Loan Amount

Eligibility : Anyone aged from 18 to 60 years

Required Documents : Letter of employment, Salary Confirmation from employer Company license, Copy of most recent financial statements for at least 2 years (if available), Bank Statements for last 6 months (if available)

Application Fees :

  • Lawyer Fees (30,000 Ks) or may vary
  • Assessor Fees (30,000 Ks) or may vary

YOMA Home Loan

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9.5% - 11.5%

Annual Interest Rate

50% - 30%

down payment

Description

Required Documents :

  • Salary Employed : Employment Confirmation letter, Salary Slip (minimum 3 months), Professional License (such as Doctor License, Seaman’s CDC), Bank Statement (minimum 3 months)
  • Self Employed : Business License or Company License, Form 6, Form 26 & Form E, Memorandum and Articles of Association, Income/Financial Statement (Operating Account), Tax Receipts (for 3years)

Fees :

  • Application Fees : 1.5% of the approval loan amount
  • Penalty Fees : 3.5% per month on past due principal
  • Early repayment fee ( if paid within first 3 years ) : 3% on the outstanding principal balance

UAB Home Loan

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11.5 %

Annual Interest Rate

30% down payment

Description

Required Documents :

  • Personal Information : Loan application for Housing loan, KYC documents of borrower & Guarantors
  • Income Infromation : Salary certificate/Certificate from employer ( in case of employees), Income proof, such as Income Tax return , Balance sheet , account statement etc ( in case of applicants other than employees)
  • Property Information : Details of property to be constructed/purchased , Stage wise construction cost details, in case of construction/renovation of house etc

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