About Car Loan
Whether it’s a new car or commercial vehicle, finance your next purchase with Yoma Bank Car Loan. With a flexible payment schedule, Car Loan makes purchases easy and secure for both buyers and sellers.
Available Car Loan Products
Personal vehicles
Commercial vehicles
Note
*Assets must be purchased from a Yoma Bank authorized dealer
Eligibility & Requirements
to Open Loan
- Original NRC and Copy
- Original Household registration and Copy
- Original ward recommendation letter (Proof of residence)
- Income verification documents
- A personal guarantor might be required and he/she may need to bring the above documents
Before you applied check these information
Other details of Car Loan
| Terms | |
| Down payment* | Minimum 30% of asset value |
| Bank service charges* | 1% loan amount |
| Insurance* | Around 1% and 1.5% of asset value |
| Loan Term | 1-5 years |
| Early Repayment* | 3% |
* Rates may subject to change
(a) Upfront Method
Interest may subject to change depending on the type of asset as below
| Monthly Repayment |
| 1 year – 6%* |
| 2 years – 12%* |
| 3 years – 18%* |
*Rates may subject to change
(b) Equal Monthly Installment (EMI)
Interest is set at 10%* per annum.
| Asset | Maximum Loan Term |
| New Car | 5 years |
| Pre-owned Car | 3 years |
*Rates may subject to change
Note
Monthly repayment can be done over the counter, Wave Money Agent and Yoma Bank Mobile Banking Application.
All financed assets must be insured for the duration of the Car Loan term.
| Name | Category | Contact Details | |
 | 999 Tiger Co., Ltd. | Personal Vehicles | No. 1, Wingabar Street, Bahan Township, Yangon “[email protected]” 09443016530 , 0973036999 , 09798104418 |
 | Ally Auto Services Company Limited | Personal Vehicles, Commercial Vehicles | No. 277/278, NguWah Street, Palae(2) Ward, Mingalardon Township, Yangon. “[email protected]” 09250024825 , 09420023493 |
 | Andaman AL Co., Ltd. | Personal Vehicles | No. (62/B), Baho Road,Kan Khaung Ward, Myeik T/S “[email protected]” 0959254704257 |
 | Angel Queen Co., Ltd. | Personal Vehicles | No.(416), Pun Lung Street, Shwe Kyar Pin Qtr, Zabuthiri Township, Nay Pyi Taw “[email protected]” 09899811760 |
 | Auto Hub Service Co., Ltd. | Personal Vehicles | No. (42/43D), MikyaungKan, Part (3), Khaymarthi Road, Thingangyun Township. “[email protected]” 095197060 |
 | Auto Top Power Co.,Ltd | Personal Vehicles | No. 15, Kabaraye Pagoda Road, Near Hnin Si Kone Bo Bwar Yeik Thar, Yangon. “[email protected] , [email protected]” 095157474 , 097851574742 |
 | Century International Trading Co., Ltd. | Personal Vehicles, Commercial Vehicles | No. (has-2), 35 Str, Bet 70*71 Str, Block No-700, Yan Myo Lone Ward, Chan Aye Thar Zan Township, Mandalay. “[email protected]” 09777456456 , 09777678678 |
 | Energy Plus Trading Co., Ltd | Personal Vehicles | No. 3, Ywarma Kyaung St, Hlaing, Yangon. “[email protected]” 095113939, 09421109988 |
 | Forerunner Business Group Co., Ltd. | Personal Vehicles | A2/002, Zawtika Housing, Thingangyun, Yangon. “[email protected]” 09-5191986 |
 | Garmanit Services Co., Ltd. | Personal Vehicles | No. 22, Thukhawadi Street, Yanking Tsp, Yangon. “[email protected]” 09750119655 , 095550888 , 09770338882 , 09770338884 |
 | Grand Sirius Co.,Ltd. | Personal Vehicles | No. 8, Room 3, Joe PhyuSt, Mingalar Taung Nyunt. “[email protected]” 09751001126 |
 | Green Gate Services Co., Ltd | Personal Vehicle | No. 1193/1195, Thudamar Lan Ma Gyi, 2Qtr, North Okklar. “[email protected]” 09780807799 , 09443669999 |
 | Hyper Auto Co., Ltd. | Personal Vehicle | No. 3, YadanarMon (7) Street, Yadanar Mon Housing , Hlaing Tsp, Yangon. “[email protected]” 09775111123 , 09776111123 |
 | Hyundai MMM Co.,Ltd. | Personal Vehicle | No. (194/196), East Horse Race Course Road , Manaung Ward, Tamwe Township. “[email protected]” 095009887 , 09777773639 |
 | JPM Service Co., Ltd. | Personal Vehicles | No (42-A), New University Avenue St,Bahan Township. Yangon. “[email protected] , [email protected]” 095173244 , 09792828100 |
| KIA MMM Company Limited | Personal Vehicles | No.(139)/C,University Avenue Road,Karmaryut Township , Yangon. “[email protected]” 09775732064 | |
 | King Of Car Co., Ltd. | Personal Vehicles | No.(4/6), U Lu Mg Street, Kayin National Ward, Kyi Myint Taing Township,Yangon. “[email protected]” 09798181818, 095164020 |
| Ko Swe Tun Lamin Tayar Co., Ltd | Personal Vehicles, Commercial Vehicles | No, 34, Shwe Gone Thiri Street, 37 Ward, North Dagon, Yangon “[email protected]” 09-791555768, 09-777777528 | |
 | Lucky Family Co., Ltd. | Personal Vehicles, Commercial Vehicles | No. 23/A, No(3) Main Road, Thit Seint Kone Ward, Thingangyungyi Village Group, Mingalardon Township, Yangon. “[email protected]” 09450750003 , 09263111109 , 09261079711 |
 | Min Min Maung Services Co., Ltd. | Personal Vehicles | No (19/20) , Baho Road , (7) Quarter, Kamaryut Township. “[email protected], [email protected]” 09773738585 , 09973738585 , 09963131777 |
 | MK2 Automobile Co., Ltd. | Personal Vehicles | No.(B2) 316,Starcity Condo, Thanlyin Township , Yangon “[email protected]” 09958706491 |
 | Moe & Toe Co., Ltd. | Personal Vehicles | No.(47/A), Thiri Mingalar(2)Street, (8) Ward, Kamayut Township, Yangon. “[email protected]” 095106042 |
 | Myanmar Theingi Service Co., Ltd. | Personal Vehicles | S 165, Ayarwaddy Road, Zabuthiri Township, Naypyitaw. “[email protected]” 09450935550 , 09444440988 |
| Myat Motorvehicle Trading | Personal Vehicles, Commercial Vehicles | No.682. Myot Shaung Road. Maubin Township. “[email protected]” 095184021,09 770091688, 09 967653743 |
 | Myint Myat Maung Co., Ltd. | Personal Vehicles | No, 206, Insein Street, 13 Ward, Hlaing Township. “[email protected]” 09965145313 , 09695145313 |
 | Naypyidaw Royal Princess | Personal Vehicles | No. 3079, Yarzahtarni Road, Bawgawadi Ward, NayPyiTaw. “[email protected]” 09400465463 , 09-699048198 , 09694034896 |
 | Pann Pu Eain Co., Ltd. | Personal Vehicles | No. (16/17), Ayeyarwun Road, Anawmar (1) Ward, (Near Anawmar Bus stop) Tharkayta Township. “[email protected]” 09775916816 |
| PZ Car Sale Centre | Personal Vehicles | Ngu Shwe War Road,Between 68 *639, South MandalarThiri Football Stadium,Chan Mya Thar Si Tsp, Myanmar. “[email protected], [email protected]” 09444641122, 09-792013202 |
 | Royal Mega Six Co.,Ltd. | Personal Vehicles | No. 96, Pearl St, Industrial Zone (3) , Shwe Pyi Thar Township, Yangon. “[email protected] , [email protected]” 09443364466, 09443364477 , 095102715 , 09899860000 |
 | San Ngwe Trading Ltd. | Personal Vehicles, Commercial Vehicles | No. 48, Taung Kyaung Street, Myoma Ward, Taunggyi. 09450050478 |
 | Shwe Phyo Phyo Co., Ltd. | Personal Vehicles | No. 10, Waizayantar Road, (6) Ward, South Oakkalapa Township, Yangon. “[email protected]” 09457887777, 095280514, 09763015578 |
 | Super Car 1 Services Co., Ltd. | Personal Vehicles | No. (1),Corner of Kabar Aye Pagoda Road , Shwe Taung Kyar (2) ward, Bahan Township. “[email protected]” 09401635319 |
 | Suzuki Pyay | Personal Vehicles | No. 239, Bogyoke Road, Ywarbel Ward, Pyay. “[email protected] , [email protected]” 095311913 |
 | Thilawun Services Co.,Ltd | Personal Vehicles | Corner of Ahlone Road and Strand Road, Infront of Sweety Home, Ahlone Township, Yangon. “[email protected] , [email protected]” 0943260787, 095002324 |
 | Tokyo Auto Co., Ltd. | Personal Vehicles, Commercial Vehicles | 66 Street, Between 110 x 111, Chan Mya Thar Si, Mandalay. “[email protected]” 092036067 , 09962036067 , 09442036067, 092036067 , 09400150041 |
 | Wun Yan Kha Services Co., Ltd. | Personal Vehicles | No. 1, Baho Road , (9) Ward, Hlaing Township, Yangon. “[email protected]” 095022577 , 09977109899 |
 | Zar Tha Pyin International Trading Co., Ltd. | Personal Vehicles | No.(8),Yadanar Road , Tharkaytha, Yangon. “[email protected]” 09455271035 |
 | Chu Kabar International Co., Ltd. | Commercial Vehicles | Akwet No.(F/8), No.(A-4), Corner of YGN-MDY Road & Industry Garden Street, Pyi Gyi Tagon Township, Mandalay. “[email protected]” 09420000690 |
 | Max Glory Co., Ltd. | Commercial Vehicles | Compound No (50), Aye Yeik Mon Lan Twal 2nd Street,Hlaing Tsp, Yangon.09421464125 |
 | Myanmar New Power Motors Co., Ltd. | Commercial Vehicle, Heavy Machinery | No.54, Bayintnaung Street, Pearl (1) Quarter, No.3 Main Road, Mingalardon Township,No.517 (11/783), 78th Street, Yangon-Mandalay Road, Ayardaw Quarter, Pyigyitagon Township, Mandalay. “[email protected] , [email protected]” 09252884488 , 09252884488 , 09452333126 |
 | Sein War Yaung Co., Ltd. | Commercial Vehicle | No.(414), 60th Street, Bet: (24th x 25th) Street, Maharzayyarbon Quarter, Aung Myay Thar San Tsp, Mandalay Region.“[email protected]” 09977079214 |
 | Summit SPA Motors Ltd. | Commercial Vehicle | No.(1159), FMI City, Gate (2), Yangon – Pathein Road, Hlaing Tharyar Township, Yangon “[email protected]” 092450873 |
 | United Eleven Co., Ltd. | Commercial Vehicles | No. 310, Ngu War Street, Pearl 2 Ward, Mingalardon Township, Yangon Region. No 513/2, 35th Street,55×56 Street,Kan Kauk Quarter, Chan Aye Thar Zan Township, Mandalay. “[email protected] , [email protected]” 09794794692 09 77013537 |
For more information, please contact the nearest branches.
Car Loan
Frequently Asked Questions
- Efficient Application Process: Experience a streamlined and expedited application procedure.
- Extended Accessibility: Loan applications can be submitted at Retail Centers throughout the entire week.
- Competitive Pricing: Benefit from lower charges and fees, ensuring cost-effective financing.
You can choose and purchase an unlimited number of vehicles based on your repayment capacity.
You can apply using combined household income, and any additional sources of income with supporting documentation will be considered.
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