Further your studies with top private institutions and take control of your next step.
AYA Education Loan provides financial support for diploma,degree and post graduate programmes From local private or overseas instiutions.
Amount you can borrow
Borrow from Ks.500,000 to Ks.15,000,000 (80 % Program Fees)
How long you can borrow
Repayment terms of Up to 60 months available until your program completion.
Fixed Monthly instalments
You always know how much you need to pay each month.
Further your education and enjoy interest rate from as low as 13% per year (Amortization method)
We make it more affordable for you to get what you need. Collateral free!
- Primary Applicant must be the student(Myanmar citizen, age 18 and above.(under-age student requires parent/sibling/relative to be co-applicant)
- Minimum monthly income of Ks.150,000 and above (individual or with co-applicant can combine income requirement)
- Joint applicant must be student’s spouse, sibling or parent (Myanmar Citizen)
- Guarantor must be Myanmar Citizen who is student’s spouse, sibling, parent or colleague (minimum 21 years old)
1.Select your program
To check for the list of qualifying courses or whether your institution is registered for AYA Education Loan, please check
With your institute or check out the institutions tab on this page.
2.Find a Guarantor
You will be required a guarantor for loan approval. A guarantor is someone who can be responsible for your loan in case
you are not able to pay.
Fill out the AYA Education Loan application form and along with required documents, submit to the institute for program
Please ensure that institute has submitted your application with full supporting documents. Upon successful
Submission, it could take up to 4days or more to process your application. We will notify you once it has been processed.
Once approved and you agree on the terms and conditions of the AYA Education Loan, you will be contacted to
Visit AYA with your guarantor to deposit the required down payment for the program fees.
You can make monthly installments during the course of your study.
Your monthly repayments are due on the 10th of every month. You can make your payment over the counter at and AYA
Bank branches. Alternatively, you can also apply for a mBanking and iBanking to make your payment via your mobile
Phone. You can request us to link to your AYA Education Loan Current Account.
It is important to us that you fully understand the fees and charges related to the AYA Education Loan.
Processing Fee : There are no application fees or processing fees. The opportunity for you to obtain AYA Education Loan is assessed free of charge by AYA Bank.
Annual Interest : 13% per year Interest on the loan amount is calculate based on amortization method.
Late Payment Fee : Late Payment Fee is charged at 3% per month on the total monthly payment due calculated daily.3% is charged to the loan account directly.
Early Repayment Fee : There are no early repayment fees for a lump sum payment.
Cancellation Fee : There are no cancellation fees or charges. Your loan repayment must be paid up in full upon your cancellation request or you can repay monthly until your last payment has been made.
- Completed application form
- NRC (front & back)of main applicant/co-applicant and guarantor
- Township Recommendation Letter
- Household List
- Income documents of main applicant(co-applicant if any)
For Salaried applicants
- Letter of Employment or Contract
- Past 3months pay slips /bank statement(applicant & co-applicant)
- Business License/Contract
- Other source of income
- Past 3 months Bank Statements
Need to speak to us?
Interested and need to find out more? Give our friendly customer service team a call to help you answer your questions.
Monday to Friday (8:00 AM to 10 PM)
Saturday to Sunday (9 :00 AM to 5:00 PM)
Prefer to talk face-to –face?
You may visit AYA Bank Head Office (ROWE) Loan Department.
Please download or request for the AYA Education Loan application form at your institute or on your web pages.
You may also download here
Myanmar Imperial University (MIU)
No.(1), Zay Myauk Road, Phayargyi Ward, Dagon Township, Yangon (Near U-Wisara Round about)
Phone 09 73210001, 09 421100222
Myanmar Institute of Business(MIB)
104, First Floor, Myanmar Center (HAGL), Kabaraye Pagoda Road, Bahan Township
Yangon, Myanmar. 09 45330 0600
Myanmar Metropolitan College (MMC)
47/48 Bahosi Building, Lanmadaw Tsp 11131,Yangon.
Hotline: 0926333 4223/4/5/6, 09 4500 63108/9
Strategy First University (SFU)
No.8, Panchan Tower, Bargayer Road, Myay Ni Gone,San Chaung Township, Yangon.
09 250 7171 66-68.