AYA Education Loan

November 23, 2016

AYA Education Loan

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


4.Approval Process

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.

5.Start Repaying

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.

Documents required:

  • 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)

For self-employed

  • 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 no : 09 73210001, 09 421100222



Myanmar Institute of Business(MIB)

104, First Floor, Myanmar Center (HAGL), Kabaraye Pagoda Road, Bahan Township Yangon, Myanmar.

Phone no : 09 453300600



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.

Phone no : 09 250 7171 66-68.


Crown Education

No. 275, 3rd floor, Pyay Road, Yangon, Myanmar

office : +95(1) 527838

Mobile : +95(9) 65085185


Ma 7/13 , 62 street, Between Theik Pan Road and Padauk Road (357.31 mi)

Phone no : 02 284 7629


Victoria University College

City Campus, 166, Upper Pansodan Street, Mingalar Taung Nyunt Township, (0.87 mi)

Phone no : 01 383 133

London Business Academy, Mandalay

Block-4, Unit-12, Mingalar Mandalay

Phone no : 09 765 000015