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Whether it’s a new car or commercial vehicle, finance your next purchases 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
EV Cars
Commercial vehicles
*Assets must be purchased from a Yoma Bank authorized dealer
Eligibility & Requirements
to Open Loan
- NRC (Original) and family registration list (Original)
- Original ward recommendation letter (proof of residence)
- Proof of income (employment verification or business registration details etc.,)
- Income Statement
- A personal guarantor may be required, and he/she may need to bring the above documents
Before you apply, please review the following information
Car Loan Details
| Terms | |
| Down payment* | Minimum 30% ~ 50% of asset value |
| Interest* | 13% per annum |
| Establishment Fees* | 1% loan amount |
| Insurance* | Around 1.65% of asset value |
| Loan Term | 1-5 years |
| Repayment Term | Equal Monthly Installment (EMI) |
* Rates may subject to change
Monthly repayment can be made over the counter, through Wave Money Agents, or via the Yoma Bank Mobile Banking Application.
All financed assets must be insured for the duration of the Car Loan term.
For more information, please contact the nearest branches.
| No. | Showroom Name | Category | Contact Details |
| 1. | Ally Auto
| Commercial Vehicles | No. (277/278), Ngu War Street, Pearl (2) Ward, Mingalardon Township, Yangon, Myanmar. Ph: 09250024825 |
| 2. | Bobby Car Sales & Services | Personal Vehicles | No. (43, D), Khay Mar Thi Lane (2), Mi Chaung Kan Division (3), Thingangyun Township, Yangon, Myanmar. Ph: 09 781999555 |
| 3. | Energy Plus Car Sale Center | Personal Vehicles | No. 3, Ywarma Kyaung Street, Hlaing Township, Yangon, Myanmar. Ph: 09 420081613 |
| 4. | Forerunner Business Group | Personal Vehicles | Rm 1, Bldg 4, Aung Myittar St., Kyee Pwar Yae Housing, Thingangyun Township, Yangon, Myanmar. Ph: 09 797724878 |
| 5. | GEELY Myanmar | Personal Vehicles, Commercial Vehicles | No.3, Yangon-Insein Road, 12 Ward, Hlaing Township, Yangon, Myanmar. Ph: 09 957788994 |
| 6. | Glory Motors | Personal Vehicles | Corner of Pinlon Street & Thinwin Street, No.1(A)+1(B), 33 Ward, North Dagon Township, Yangon, Myanmar. Ph: 09 678000141 |
| 7. | Great Friendship Automobile Showroom | Personal Vehicles | No. (52), 8 Ward, Myint Zu St, Yankin Township, Yangon, Myanmar. Ph: 09 43135353 |
| 8. | Green Gate | Personal Vehicles | No.1193-5, Thudamar str, 2 Qtr, North Okklarpa Township, Yangon, Myanmar. Ph: 09 5521255, 09 785521255 |
| 9. | HM Valued Property | Personal Vehicles, Commercial Vehicles | No. (11/12), Min Nandar Road, Dawpone, Thakayta Township, Yangon, Myanmar. Ph: 09 753303074, 09 777887589 |
| 10. | Hyper Auto | Personal Vehicles | No. (3), Yadanarmon 7th Street, Yadanarmon Housing, Hlaing Township, Yangon, Myanmar. Ph: 09 777391681 |
| 11. | Hyundai MMM | Personal Vehicles | No. (194/196), East Horse Race Course Road & Shwe Wah Street, Mhanaung Quarter, Tamwe Township, Yangon, Myanmar. Ph: 09 777773639 |
| 12. | ICON AUTO | Personal Vehicles, Commercial Vehicles | No.(590/1), 74th Street, Taung Myint, Pyi Gyi Tagon Township, Mandalay Region, Myanmar. Ph: 09 766666697 |
| 13. | Jasper Car Sales Center | Personal Vehicles | Corner of Ahlone Road and Strand Road, Infront of Sweety Home, Ahlone Township, Yangon, Myanmar. Ph: 09 784508375 , 09 443676432 |
| 14. | JPM | Personal Vehicles, Commercial Vehicles | No. 42(A), New University Revenue Road, Bahan Township, Yangon Region, Myanmar. Ph: 09 792828100 |
| 15. | KIA MMM | Personal Vehicles | No. (139)/C, University Avenue Road, Karmaryut Township , Yangon, Myanmar. Ph: 09 772858585, 09 454875876 |
| 16. | KIA Motors Union Group | Personal Vehicles, Commercial Vehicles | No. (12/A), Waizayandar Road, Thingangyun Township, Yangon, Myanmar. Ph: 09 960600911 |
| 17. | KIA MTS, Suzuki Myanmar Theingi | Personal Vehicles | – No.2, Anawmar (1) Quarter, Ayeyarwun Road, Tharkayta Township, Yangon, Myanmar. – S 165, Ayarwaddy Road, Zabuthiri Township, Naypyitaw Region, Myanmar. Ph: 09 799499099, 09 450935550 |
| 18. | King Prize Auto | Personal Vehicles | No.(V23), Myakanthar (4) Street, (5) Ward, Hlaing Township, Yangon, Myanmar. Ph: 09 795633480 |
| 19. | MATM-Changan Auto | Personal Vehicles, EV, Commercial Vehicles | No.38, Mindhamma Road, Mayangone Township, Yangon, Myanmar. Ph: 09 400111405 |
| 20. | Max Glory | Personal Vehicles, Commercial Vehicles | Compound No. (50), Aye Yeik Mon Lan Twal 2nd Street, Hlaing Tsp, Yangon, Myanmar. Ph: 09 421464125 |
| 21. | MG Motor | Personal Vehicles, EV | No. 52, Sayarsan Road, Bahan Township, Yangon, Myanmar. Ph: 09 43134137 |
| 22. | MK Rider Auto Showroom | Personal Vehicles | No. (6/B), Ma Kyi Kyi Road, Sanchaung Township, Yangon, Myanmar. Ph: 09 50408300, 09 799990000 |
| 23. | MK2 Auto | Personal Vehicles | No. 25, Parami Rd, Near Chaw Twin Kone Junction, South Okkalapa Township, Yangon, Myanmar. Ph: 09 5507115 |
| 24. | MMM Car Sales Center | Personal Vehicles | No (19/20), Baho Road, (7) Quarter, Kamaryut Township, Yangon, Myanmar. Ph: 09 421023378, 09 978338337 |
| 25. | MMP Car Show Room | Personal Vehicles | Between Thanthumar Street & Railway Street, and Between Ma Hlwa Gone Railway Station & Hnin Si Gone Railway Station, Myittar Nyunt Ward, Tarmwe Township, Yangon, Myanmar. Ph: 09 43094106 |
| 26. | Moe & Toe Co.,Ltd | Personal Vehicles | No.(47/A), Thiri Mingalar(2)Street, (8) Ward, Kamayut Township, Yangon, Myanmar. Ph: 09 754786702 |
| 27. | Myat Motor | Personal Vehicles, Commercial Vehicles | – No. 682, Myot Shaung Str, Maubin, Ayeyarwady Region. – No. 866, Kyaw Thu (20)Str,9 Qtr,Sout Okkalapa Township, Yangon, Myanmar. Ph: 09 967653743 |
| 28. | Nagar Lady Car Showroom | Personal Vehicles | – No. 456, Bohmue Ba Htoo Road, (45) Qtr, North Dagon Township, Yangon, Myanmar. – No. 245, Bohmue Ba Htoo Road, 5 Qtr, North Dagon Township, Yangon, Myanmar. – Corner of 115 st x 70 st , Pyi Gyi Ta Khon Township, Mandalay, Myanmar. – No. 25, Bo Gyoke Aung San Road, Thit Taw Qtr, Taunggyi, Myanmar. |
| 29. | PPE 9 | Personal Vehicles, Commercial Vehicles | No. 16/17, Ayeyarwun Road, Anawmar Qtr, Tharkayta Township, Yangon, Myanmar. Ph: 09 974799898 |
| 30. | Prime Automative Myanmar | Personal Vehicles | No.53/54, Pyay Road, Mayangone Township, Yangon, Myanmar. Ph: 09 444445484 |
| 31. | Royal La Min Ta Yar | Personal Vehicles, Commercial Vehicles | No. (53), Bayint Naung Street, (48) Qtr, North Dagon Township, Yangon, Myanmar. Ph: 09 947777528, 09 961111528 |
| 32. | Shwe Phone | Commercial Vehicles | No. (G-5), Industrial (1), Between Yaw Min Gyi Street & Phoe Yazar Street, Yangon-Mandalay Road, Pyi Gyi Tankon Township, Mandalay Region, Myanmar. Ph: 09 765209134 |
| 33. | Summit SPA Motors | Commercial Vehicles | No. (1159), FMI City, Gate (2), Yangon – Pathein Road, Hlaing Tharyar Township, Yangon, Myanmar. Ph: 09 2450873 |
| 34. | Super Car 1 | Personal Vehicles | No. (1),Corner of Kabar Aye Pagoda Road , Shwe Taung Kyar (2) ward, Bahan Township, Yangon, Myanmar. Ph: 09 401635319 |
| 35. | Taung Paw Tharr Yee Shin | Commercial Vehicles
| Tabin Shwe Htee Towel, Industrial Zone (1), Hlaing Thar Yar Township, Yangon, Myanmar. No.(B2-A3/A4), (62) Street, Industrial Park Street, Yar Taw Ward, Mandalay Region, Myanmar. No- (Za,46), No-(6) Ward, Tha Khut Taw Ward, Lanmadaw, Shwe Bo Township, Sagaing Region, Myanmar. Ph: 09 750402022 |
| 36. | Telemotors | Personal Vehicles | No-(F1), Thazin Street, 9th Qtr, Hlaing Township, Yangon, Myanmar. Ph: 09 409302194 |
| 37. | TPS Car Showroom | Personal Vehicles | No.242, Upper Pazundaung Road, MingalartaungNyunt Township. Ph: 0977895923 |
| 38. | VIGO WORLD MYANMAR | Personal Vehicles (Pick-Up) | – No.52, Aung Chan Thar St, Kamaryaut, Yangon, Myanmar. – D-8/E, 8, Pyidaungsu Kyaung Win Street, 8 Mile, Mayangone, Yangon, Myanmar. Ph: 095002802 |
| 39. | Wun Yan Kha Car Showroom | Commercial Vehicles
| No. 1, Baho Road, Hlaing Tsp, Between Butar Yone Street & Parami Street, Yangon, Myanmar. Ph: 095022577, 09977109898 |
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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