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HOME PERSONAL BANKING BORROWING HIRE PURCHASE HOME LOAN
Staying at your own house is the real comfort for your family. Our home loan solution is here to provide you that comfort. With choice of affordable repayment options of your needs, take control of your future. The future is yours now.
Features
| Types of property | Apartment, Condominium, Landed Property |
| Interest Rate | 13% - 15% per annum |
| Loan Tenor | Maximum 15 years |
| Application Fee | MMK 10,000 |
| Service Charges | 1.5% of loan amount |
| Early Repayment Fees | 3% in the first three years |
| Property purchase value | Minimum MMK 20,000,000 |
Eligibility
Individuals who have a regular source of monthly income
Self-employed business owners
Private company employees
Government staff
Note: Joint applicant is allowed (only for immediate family members) for customers with age over 50 and low income.
Documents which reveal accurate information of above are required to provide at the point of application such as NRC, Household Member List, Income Statement or Salary slip.
Required Documents
(A) Self-Employed Applicant
Business License or Company Registration Certificate
Company Constitution, Company Registration Records, Form (6) and Form (26)
Income Statements for the past three (3) years
Tax Payment Receipts for the past three (3) years
Copy of Household Registration and National Registration Card (NRC)
Ward Administrator Recommendation Letter
Copy of Guarantor's National Registration Card (NRC)
Proof of Guarantor's Income
(B) Company Employee or Government Staff
HR Recommendation Letter from the employer or Recommendation Letter from the relevant government department or Appointment Letter
Salary slips for the last three (3) months or Bank Statements for the past six (6) months
Copy of Household Registration and National Registration Card (NRC)
Ward Administrator Recommendation Letter
Copy of Guarantor's National Registration Card (NRC)
Proof of Guarantor's Income
How to apply
Feel free to make an initial enquiry at any AYA branches via phone or in person. Then, visit nearest AYA branch to receive “In-principle Loan Approval” which contains the eligible HP loan amount.
Choose from wide range of residences from our list of authorized developers to purchase your dream home.
STEP - 1
Enquire at nearest Branches
STEP - 2
Choose your home at Authorized Developers
STEP - 3
Keep required documents ready and apply
STEP - 4
Home Sweet Home
Monthly Instalment Payment to Bank
Choose the residence you wish to purchase from any developer rather than bank’s authorized developers.
STEP - 1
Choose your home from different Developers
STEP - 2
Enquire at nearest Branches
STEP - 3
Keep required documents ready and apply
STEP - 4
Home Sweet Home
Monthly Instalment Payment to Bank
| DEALER PROGRAM | INDIVIDUAL PROGRAM | |
| Room/Land Price | Condo/Apartment: 200 Lakhs and above Landed Property: 500 Lakhs and above |
Condo/Apartment: 200 Lakhs and above Landed Property: 500 Lakhs and above |
| Type of Land |
|
|
| Construction Completion | Minimum 75% | 100% |
| Max Loan Tenor | Maximum 25years | Maximum 25years |
Terms and Conditions
Bank shall approve the final loan amount based on the evaluation and authenticity of complete documents submitted by the applicants
It is required to give tax (if necessary) to the respective government organization for documentation and registration depend on the house you wish to purchase
It is required to fulfill the requirement of making minimum down payment 25%, service charges and other applicable fees related to bank’s facilities before living at the residence.
Bank shall approve the final loan amount based on the selling price mentioned on the Sales and Purchase agreement. Any other additional costs will not be financed by the bank.
Quick look
Staying at your own house is the real comfort for your family. Our home loan solution is here to provide you that comfort. With choice of affordable repayment options of your needs, take control of your future. The future is yours now.
Features
| Types of property | Apartment, Condominium, Landed Property |
| Interest Rate | 13% - 15% per annum |
| Loan Tenor | Maximum 15 years |
| Application Fee | MMK 10,000 |
| Service Charges | 1.5% of loan amount |
| Early Repayment Fees | 3% in the first three years |
| Property purchase value | Minimum MMK 20,000,000 |
Eligibility
Individuals who have a regular source of monthly income
Self-employed business owners
Private company employees
Government staff
Note: Joint applicant is allowed (only for immediate family members) for customers with age over 50 and low income.
Documents which reveal accurate information of above are required to provide at the point of application such as NRC, Household Member List, Income Statement or Salary slip.
Required Documents
(A) Self-Employed Applicant
Business License or Company Registration Certificate
Company Constitution, Company Registration Records, Form (6) and Form (26)
Income Statements for the past three (3) years
Tax Payment Receipts for the past three (3) years
Copy of Household Registration and National Registration Card (NRC)
Ward Administrator Recommendation Letter
Copy of Guarantor's National Registration Card (NRC)
Proof of Guarantor's Income
(B) Company Employee or Government Staff
HR Recommendation Letter from the employer or Recommendation Letter from the relevant government department or Appointment Letter
Salary slips for the last three (3) months or Bank Statements for the past six (6) months
Copy of Household Registration and National Registration Card (NRC)
Ward Administrator Recommendation Letter
Copy of Guarantor's National Registration Card (NRC)
Proof of Guarantor's Income
How to Apply
Feel free to make an initial enquiry at any AYA branches via phone or in person. Then, visit nearest AYA branch to receive “In-principle Loan Approval” which contains the eligible HP loan amount.
Choose from wide range of residences from our list of authorized developers to purchase your dream home.
STEP - 1
Enquire at nearest Branches
STEP - 2
Choose your home at Authorized Developers
STEP - 3
Keep required documents ready and apply
STEP - 4
Home Sweet Home
Monthly Instalment Payment to Bank
Choose the residence you wish to purchase from any developer rather than bank’s authorized developers.
STEP - 1
Choose your home from different Developers
STEP - 2
Enquire at nearest Branches
STEP - 3
Keep required documents ready and apply
STEP - 4
Home Sweet Home
Monthly Instalment Payment to Bank
| DEALER PROGRAM | INDIVIDUAL PROGRAM | |
| Room/Land Price | Condo/Apartment: 200 Lakhs and above Landed Property: 500 Lakhs and above |
Condo/Apartment: 200 Lakhs and above Landed Property: 500 Lakhs and above |
| Type of Land |
|
|
| Construction Completion | Minimum 75% | 100% |
| Max Loan Tenor | Maximum 25years | Maximum 25years |
Terms and Conditions
Bank shall approve the final loan amount based on the evaluation and authenticity of complete documents submitted by the applicants
It is required to give tax (if necessary) to the respective government organization for documentation and registration depend on the house you wish to purchase
It is required to fulfill the requirement of making minimum down payment 25%, service charges and other applicable fees related to bank’s facilities before living at the residence.
Bank shall approve the final loan amount based on the selling price mentioned on the Sales and Purchase agreement. Any other additional costs will not be financed by the bank.