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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
Flexible Use of Funds
Use the loan for virtually any purpose.
Attractive Interest Rates
Starting as low as 13% p.a., with rates based on the quality and value of your pledged property.
Longer & Flexible Repayment Terms
Choose a loan term of 1 to 3 years and structure your payments to fit your budget.
Benefits
Before you apply
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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)
-
Pre-Closure Charge: Up to 4% on prepaid amount
-
Interest Rate: as low as 13% p.a.
-
Service Charge: 1% – 2% on loan amount
-
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)
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.
PERSONAL LOANS
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Loan Calculator
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FAQs
Common questions about Secured Term Loan
While each application is assessed individually, qualifying for a secured personal term loan is generally easier than unsecured loans. Since you're providing valuable collateral, lenders consider you a lower risk. However, meeting the eligibility requirements is still important. Demonstrating a stable income, a good credit history, and sufficient collateral will significantly increase your chances of approval and help you secure favorable terms.
The loan amount is determined by the quality, value, and location of your collateral property as well as your credit scores. Typically, you can borrow up to 70% of the appraised value of your property.
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CALCULATE YOUR INTEREST
Savings Calculator
Deposit Type
High-Yield Savings Accounts
Total interest you can earn on
23,000,000 Ks
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.
Personal Loans / Secure Term Loan
Secured Personal Term Loan with Pledged Immovable Properties
Use your immovable property as collateral to secure a flexible, low-interest personal loan and turn your dreams into reality.
Why you will love this
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Financial Freedom: Access the funds you need for home renovations, dream vacations, education expenses, medical emergencies, or any other major life event.
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Peace of Mind: Secure a loan with an attractive interest rate and comfortable repayment terms, knowing your valuable property is working for you.
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Tailored to You: Customize your repayment plan with monthly or quarterly interest payments, aligning with your income and financial goals.
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Simple and Transparent: Our application process is straightforward, and our fees are clearly outlined, so you always know what to expect.
Who can apply
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Individuals with qualified immovable properties (land, condos, apartments) and a strong source of income as determined by the bank.