Loans

Home Loan from AGD Bank

AGD Home Loan will help you purchase apartments, condominiums and houses from real estate developers (or) current owners and apartments that have been developed by YCDC/MCDC and the Housing Ministry.

Interest rate

10% per year 

Minimum down payment

30%

Maximum Loan term

25 years

Eligible to Apply

·       Age between 21 to 60

·       Business owners

·       Employees

·       Working  professionals

·       Entrepreneur

Requirements

·       NRC Copy

·       Family registration

·       Original ward recommendation letter(proof of residence)

·       2 passport size photos

·       Business license

·       Tax documents (Previous 2 years and current year)

·       Income slip/ Payslip (6 months)

·       Original company recommendation letter (proof of company)

·       Bank Statements (6 months)

·       Loan statements if needed (6 months)

Subject to AGD Bank’s Term and Conditions.

Please meet with our home loan specialist at AGD Home Loan Center

(Myay Ni Gone Branch) for further information.

No.(290)/A, Room (3 & 4), Ground floor, Pyay Road, Myaynigone (North), Sanchaung Township, Yangon, Myanmar.

Ph: 01-230 6094~98

Personal Loans

Interest rate: 9% per year.
Service charges: 1% per year.
 

Overdraft
Interest rate: 9% per year.
Service charges: 1% per year.

Hire Purchase

Hire purchase is an instalment payment plan after you make a first initial down payment. An instalment payment plan can be from 1 year to 2 years.

Down Payment

• 30% (Up to 5,000,000 MMK)
• 25% (5,100,000 MMK – 10,000,000 MMK)
• 20% (above 10,000,000 MMK)

Rental Fees

• 6 months: 4%
• One year: 9%
• Two years: (9% + 9%)

Service Charges

• 6 months:1%
• One year: 1%
• Two years: (1% + 1%)

For more information, write into us at contact@agdbank.com, and we will get back to you.