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HP Dealer PortalAbout Hire Purchase
Whether it’s machinery or equipment, finance your next purchases with Yoma Bank Hire Purchase. With a flexible payment schedule, Hire Purchase makes buying easy and secure for both buyers and sellers.
Available Hire Purchase Products
Agricultural Machines
Commercial Vehicle
EV Car
Personal Vehicle
Generators and Engines
Heavy Machinery
Medical Equipment
Printing Machines
Solar Equipment
Assets must be purchased from a Yoma Bank authorized dealer
Loan Application Requirements
- NRC (Original) and household registration document (Original)
- Original ward recommendation letter (Proof of residence)
- Income verification documents
- A personal guarantor may be required, and he/she may need to bring the above documents
Before you apply, please review the following information
Hire Purchase Details
| Terms | |
| Down payment* | Minimum 30% of asset value |
| Interest* | 13% per annum |
| Establishment Fees* | 1% loan amount |
| Insurance* | Approximate 1.65% of asset value |
| Loan Term | Up to 5 years |
| Repayment Term | Equal Monthly Installment (EMI) |
* Rates may be subject to change.
- Repayment plans will vary monthly, quarterly, and half-yearly depending on the type of vehicles and machinery.
- Monthly repayment can be done over the counter, through Wave Money Agents, or via the Yoma Bank Next Application.
All financed assets must be insured for the duration of the Hire Purchase term.
| 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. | Aung Gabar Motor Services | Personal Vehicles
| No.74, (1th) Street, Waizayatar Road , 8 Quarter, South Okkalapa Township. Ph: 01-3561298, 01-3561173 |
| 3. | 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 73333323, 09 974588899 |
| 4. | Concordia | Medical Equipment | Ground Floor , Building 11, MICT Park, Yangon, Myanmar. Ph: 09 974060145 |
| 5. | Energy Plus Car Sale Center | Personal Vehicles | No. 3, Ywarma Kyaung Street, Hlaing Township, Yangon, Myanmar. Ph: 09 977109899, 09 977109898 |
| 6. | Forerunner Business Group | Personal Vehicles | Rm 1, Bldg 4, Aung Myittar St., Kyee Pwar Yae Housing, Thingangyun Township, Yangon, Myanmar. Ph: 09 797724878 |
| 7. | GEELY Myanmar | Personal Vehicles, Commercial Vehicles | No.3, Yangon-Insein Road, 12 Ward, Hlaing Township, Yangon, Myanmar. Ph: 09 957788994 |
| 8. | Glory Motors | Personal Vehicles | Corner of Pinlon Street & Thinwin Street, No.1(A)+1(B), 33 Ward, North Dagon Township, Yangon, Myanmar. Ph: 09 777112003 |
| 9. | Great Friendship Automobile Showroom | Personal Vehicles | No. (52), 8 Ward, Myint Zu St, Yankin Township, Yangon, Myanmar. Ph: 09 43135353 |
| 10. | Green Gate | Personal Vehicles | No.1193-5, Thudamar str, 2 Qtr, North Okklarpa Township, Yangon, Myanmar. Ph: 09 5521255, 09 785521255 |
| 11. | Hyper Auto | Personal Vehicles | No. (3), Yadanarmon 7th Street, Yadanarmon Housing, Hlaing Township, Yangon, Myanmar. Ph: 09 777391681 |
| 12. | Hyundai MMM | Personal Vehicles | No. (194/196), East Horse Race Course Road & Shwe Wah Street, Mhanaung Quarter, Tamwe Township, Yangon, Myanmar. Ph: 09 777773639 |
| 13. | ICON AUTO | Personal Vehicles, Commercial Vehicles | No.(590/1), 74th Street, Taung Myint, Pyi Gyi Tagon Township, Mandalay Region, Myanmar. Ph: 09 766666697, 09 255556668 |
| 14. | 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 |
| 15. | JPM | Personal Vehicles, Commercial Vehicles | No. 42(A), New University Revenue Road, Bahan Township, Yangon Region, Myanmar. Ph: 09 792828100, 09 253008800 |
| 16. | KIA MMM | Personal Vehicles | No. (139)/C, University Avenue Road, Karmaryut Township , Yangon, Myanmar. Ph: 09 772858585, 09 454875876 |
| 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. | MATM-Changan Auto | Personal Vehicles, EV, Commercial Vehicles | No.38, Mindhamma Road, Mayangone Township, Yangon, Myanmar. Ph: 09 964449958, 09 977952475 |
| 19. | Max Glory | Personal Vehicles, Commercial Vehicles | Compound No. (50), Aye Yeik Mon Lan Twal 2nd Street, Hlaing Tsp, Yangon, Myanmar. Ph: 09 266191933, 09 266191966 |
| 20. | MG Motor | Personal Vehicles, EV | No. 52, Sayarsan Road, Bahan Township, Yangon, Myanmar. Ph: 09 43134137 |
| 21. | MK Rider Auto Showroom | Personal Vehicles | No. (6/B), Ma Kyi Kyi Road, Sanchaung Township, Yangon, Myanmar. Ph: 09 50408300, 09 799990000 |
| 22. | MK2 Auto | Personal Vehicles | No. 25, Parami Rd, Near Chaw Twin Kone Junction, South Okkalapa Township, Yangon, Myanmar. Ph: 09 5507115 |
| 23. | MMM Car Sales Center | Personal Vehicles | No (19/20), Baho Road, (7) Quarter, Kamaryut Township, Yangon, Myanmar. Ph: 09 421023378, 09 978338337 |
| 24. | 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 |
| 25. | Moe & Toe Co.,Ltd | Personal Vehicles | No.(47/A), Thiri Mingalar(2)Street, (8) Ward, Kamayut Township, Yangon, Myanmar. Ph: 09 754786702 |
| 26. | 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 |
| 27. | Myanmar Future Farm | Agriculture (Tractor & Harvester) | No.(J/47,48,49),Thiri Yadanar Zay, Mingalardon Township, Yangon, Myanmar. Ph: 09 783558558 |
| 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. Ph: 09 777225588, 09 975800887, 09 740858242 |
| 29. | New Holland – Agriculture | Agriculture (Tractor & Harvester) | No(1159), Gate No (2),Ygn-Pathein Road, Hlaing Thar Yar Township, Yangon, Myanmar. Ph: 09765488611, 09765488664 |
| 30. | PPE 9 | Personal Vehicles, Commercial Vehicles | – No. 16/17, Ayeyarwun Road, Anawmar Qtr, Tharkayta Township, Yangon, Myanmar. Ph: 09 974799898, 09 459927996 – 101 Road (Theik Pan Road) | Between 57 & 58 St, Chanmyathazi Township, Mandalay Ph: 09-444599599, 09-444599499 – 599, Ngan Tae Road, Ngan Tae Ward, Mawlamyine, Ph: 09-252386669 |
| 31. | Prime Automative Myanmar | Personal Vehicles | No.53/54, Pyay Road, Mayangone Township, Yangon, Myanmar. Ph: 09 444445484 |
| 32. | 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 |
| 33. | 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 774888880 |
| 34. | Stanol Myanmar | Generators | No.(PA-5), 62street, Bet 42 x 43 Street, Maharaungmyay Township, Mandalay Region, Myanmar. Ph: 09 768272727, 09 940471333 Room-8, Malikha Housing, Yadanar Street, South Okkalapa Township, Yangon, Myanmar. Ph: 09 945432727, 09 940524333 |
| 35. | Summit SPA Motors | Commercial Vehicles | No. (1159), FMI City, Gate (2), Yangon – Pathein Road, Hlaing Tharyar Township, Yangon, Myanmar. Ph: 09 765488611, 09 765488664 |
| 36. | Super Car 1 | Personal Vehicles | No. (1), Corner of Kabar Aye Pagoda Road , Shwe Taung Kyar (2) ward, Bahan Township, Yangon, Myanmar. Ph: 09 761624949 |
| 37. | Super Seven Stars | Personal Vehicles, Commercial Vehicles | No. (44), 7 Mile, (6/A+7/B) Ward, Mayangone Township, Yangon, Myanmar. Ph: 09 940009000 |
| 38. | Taung Paw Tharr Yee Shin | Agriculture (Tractor & Harvester) | 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. Ph: 09 795872633, 09 787388620 |
| 39. | Telemotors | Personal Vehicles | No-(F1), Thazin Street, 9th Qtr, Hlaing Township, Yangon, Myanmar. Ph: 09 409302194 |
| 40. | TPS Car Showroom | Personal Vehicles | No.242, Upper Pazundaung Road, MingalartaungNyunt Township. Ph: 09 977895923 |
| 41. | 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 |
| 42. | 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.
Hire Purchase
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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