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 / Equipment Financing
Machinery Financing Loan for your business’ heightened efficiency
Ready to upgrade your company's equipment and machinery? Our Corporate Equipment Financing solution provides the capital you need to acquire new or used assets, enhancing your operational efficiency, productivity, and competitive edge.
Enhance Productivity
Invest in modern technology to streamline operations and increase output.
Cost Savings
Replace outdated equipment with energy-efficient models to reduce operating costs.
Preserve Working Capital
Finance your equipment purchase without depleting your cash reserves.
Benefits
What We Offer
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Flexible Financing: Access up to 70% of the equipment's value, with tailored 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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Flexible Collateral: The equipment itself can serve as collateral. For purchases from our authorized dealers, no additional collateral is required. Flexible options are available for purchases from other vendors.
Is This Solution Right for Your Business?
This solution is ideal for established corporations that:
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Seek to upgrade or expand their equipment and machinery.
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Have a strong financial track record and a clear plan for utilizing the new assets.
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Want to improve operational efficiency, productivity, and competitiveness.
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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 Equipment)
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Down Payment: Min. 40% - 50% of the asset value (Used Equipment)
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Pre-Closure Charge: up to 4% on prepaid amount
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Loan Tenor: 1 – 3 years
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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
Business Vehicle 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
CALCULATE YOUR INTEREST
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FAQs
Common questions about Corporate Equipment Financing Loan
Our Equipment Financing covers a wide range of equipment, including machinery, vehicles, computers, office furniture, and more. We'll need your detailed business plan and supporting documentation to assess your request.
We offer flexible terms for equipment loans financed through alternative dealers. For equipment loans facilitated through our partnered dealers, kindly liaise with your Relationship Manager or visit our nearest branch for more details.