Home Loan
Frequently Asked Questions
Home Loan Commercial is to support the business to purchase business propertiese by allowing them to make regular monthly payments for a period of time and own the property thereafter.
All businesses which has valid business licenses registered in Myanmar and in operation for more than (1) years.
It is not required
- Land & Building (Grant Land & Freehold Land)
- BCC approved Apartments & Condominium (building age must not be older than xxx years)
- Industrial land with buildings.
10% per annum
Up to 10 Years
Yes. Any properties eligible under FDB Terms and Conditions can be purchase.
Minimum: 10 million MMK
At nearest branch (or) Relationship Manager
Amortization (Monthly)
- NRC ( Front & Back)
- Household List ( Front & Back)
- One Passport size photo
- Original Testimonial letter from ward administration office
- Original Testimonial letter from police station
- Documents related to proof of income
- Business-related documents (business owners)
- Documents related to the property to be purchased.
For Self Employed
- Business’s license or YCDC/MCDC License
- Business / Shop’s Photo
- Income / Financial statement for (2) yr (Operation Account)
- Tax receipt for 1 year
For Company
- DICA Registration (Certificate of Incorporation and DICA Extracts)
- DICA Constitution
- Business License
- Board of Director’s Resolution/Meeting Minute
- Income / Financial statement for (1) yr (Operation Account)
- Tax receipt for 1 year
- Other required license for operation
Currently, this option is not available.