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Interest Rate: as low as 12% p.a.
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Service Charge: 1% – 2% on loan amount
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Loan Tenure: 1 – 3 years
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Pre-Closure Charge: Up to 4% on prepaid amount
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Penalty Fee: up to 3% p.a. (charged daily on overdue days)
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Loan Tenure: 1 – 3 years
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Penalty Fee: up to 3% p.a.(charged daily on overdue days)
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Pre-Closure Charge: Up to 4% on prepaid amount
Before you apply
Improved Efficiency
Streamline transportation and logistics to improve productivity and reduce costs.
Professional Image
Project a professional image with a modern and well-maintained fleet.
Employee Satisfaction
Provide your employees with reliable and comfortable transportation.
Benefits
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Interest Rate: as low as 12% p.a.
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Service Charge: 1% – 2% on loan amount
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Loan Tenure: 1 – 3 years
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Penalty Fee: up to 3% p.a.(charged daily on overdue days)
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Pre-Closure Charge: Up to 4% on prepaid amount
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Interest Rate: as low as 13% p.a. (amortization)
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Service Charge: 1% - 2% on loan amount
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Loan Amount: Max. 70% of the asset value
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Down Payment: Min. 30% of the asset value (New Vehicle)
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Down Payment: Min. 50% of the asset value (Used Vehicle)
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Loan Tenor: 1 – 3 years
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Pre-Closure Charge: up to 4% on prepaid amount
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Penalty Fee: 3% p.a. (charged daily on overdue days)
Before you apply
Interest Rate
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Below 100 million MMK – 8.0% p.a.
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100 million MMK and above – 8.5% p.a.
⦁ No account opening fee
⦁ Account Maintenance Fee of 1,500MMK will be charged if there is no activity for one year.
Related Products
BUSINESS CORPORATE
Business Expansion Loan
Business Expansion Loan for your working capital requirements and capital investments
Working Capital Loan
SME & Corporate Working Capital Loan with pledged immovable property
Equipment Financing Loan
Business Vehicle Loan for your business heightened efficiency
CALCULATE YOUR INTEREST
Savings Calculator
Deposit Type
High-Yield Savings Accounts
Total interest you can earn on
23,000,000 Ks
Loan Calculator
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FAQs
Common questions about Corporate Business Vehicle Financing
Corporate Vehicle Financing offers several advantages:
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Ownership: You own the vehicle outright after the financing is repaid.
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Flexibility: You can choose the vehicle(s) that best suit your business needs.
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Tax Benefits: You may be able to deduct interest payments and depreciation.
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Preserved Capital: Avoid tying up valuable capital in vehicle purchases.
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We offer flexible terms for vehicle loans financed through alternative dealers. For vehicle loans facilitated through our partnered dealers, kindly liaise with your Relationship Manager or visit our nearest branch for more details.
Secured Personal Term Loan with Pledged Immovable Properties
What We Offer
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Competitive Interest: Earn up to 8.5% p.a. on your daily balances, with interest deposited into your account quarterly.
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Unlimited Transactions: Make deposits, withdrawals, and transfers with no restrictions, giving you full control over your finances.
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Branch and Digital Access: Easily manage your account at any of our branches or through our convenient online and mobile banking platforms.
Is This Account Right For You?
This account is perfect for individuals in Myanmar who:
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Want a convenient and flexible account for daily transactions.
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Seek to earn competitive interest on their savings.
Corporate Loans / Business Vehicle Financing
Business Vehicle Loan for your business’ heightened efficiency
Looking to expand or upgrade your company's fleet of vehicles? Our Corporate Vehicle Financing solution provides the financial flexibility you need to acquire new or used vehicles, enhancing your operational efficiency, logistics capabilities, and overall business performance.
What We Offer
Is This Solution Right for Your Business?
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Tailored Financing: Access up to 70% of the vehicle's value, with customized repayment terms to suit your cash flow.
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Competitive Rates: Benefit from our attractive interest rates, starting at just 13% p.a.
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Expert Guidance: Our experienced corporate banking team will help you navigate the financing process and find the best solution for your needs.
This solution is ideal for established corporates that:
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Seek to expand or upgrade their fleet of vehicles for business purposes.
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Have a strong financial track record and a clear plan for utilizing the vehicles.
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Want to improve operational efficiency, logistics capabilities, and overall business performance.