Home Renovation Loan
Personal Banking > Loans
Home Renovation Loan
Personal Banking > Loans
About Home Renovation Loan
With a Yoma Bank Home Renovation Loan, you can renovate a pre-owned or a new house, apply for home improvement, remodeling, designing the interior to create your dream home. Inquire at your local Yoma Bank branch and let our financial experts guide you through our easy application process.
Choose the perfect loan for you
Key Features & Benefits
Applicable for various types of properties (Detached Houses, Apartments, Condos, Mini-Condos etc.,)
Financial support not only renovation but also the purchase of furniture and home appliances
Flexible loan terms, with options up to 15 years
Expedited application process for Yoma Bank’s existing Home Loan customers
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
- Any other house ownership-related documents
For full document requirements, please talk to our skilled home loan specialist at your local branch.
Home Renovation Loan Calculator
- 3,000,000 MMK 50,000,000 MMK
Duration in years
1year 15yearsInterest Rate
10 %
Principal
0
Monthly Payment
Total Interest Payable
Before you applied check these information
Other details of Home Renovation Loan
Terms | |
Interest Rate | 10% per annum* |
Loan Tenure | Up to 15 years |
Establishment Fees | At least 250,000 MMK (or) 1.5% of the approval loan amount (whichever is higher) |
Early Repayment fees (if paid within first 3 years) | 3% on the outstanding loan amount |
* Rates may subject to change |
Feel free to directly inquire with the business partners about the benefits of obtaining a loan from Yoma Bank, whether you are exploring their services or considering equipment purchases. You also have the option to customize your own renovations or purchases.
No. | Name | Showroom | Contact Details |
1 | B E I K T H A N O Plus Interiors and Construction Company Limited | B E I K T H A N O I N T E R I O R S | No. 306 (Ground Floor), Tower CL4, Star City, Thanlyin, Yangon, Myanmar Phone: 09970737907, 09791450009 |
2 | Melbourne Co.Ltd | BATH & KITCHEN | No.11, Shukhinthar Myotpat Road, Tharkaeta Township, Yangon Phone: 09945145141, 09880006340, 09797775140 |
3 | Pin Myint Yan Engineering & Construction | Pin Myint Yan Engineering & Construction | No.74, Min Nandar Road, Bo Tun San ward, Dawbon Township, Yangon Phone: 09751446005, 09751446006 |
4 | Stanza Interior Design & Decoration | Stanza Interior Design & Decoration | No.402(A), Ground Floor, Innwa Street, 6 ward, South Okkalapa Township, Yangon Phone: 09255255210 |
5 | Super Tower Co.,Ltd. | Golden Home Kitchen, Myanmar | No.1555, Shukhinthar Myotpat Road, Tharkaeta Township, Yangon Phone: 09969721451, 09969721448, 09252002116, 09427044075 |
6 | Trends Design Furnishing Co.,Ltd | Trends Design Furnishing Co.,Ltd | No. 146, U Tayoke Kyi Street, Hlaing Thar Yar Industrial Zone(4), Yangon Phone: 09897168790 |
7 | WANDA Int’l Enterprise Co.,Ltd | Lotuslux (Bathtub Solutions) | No.913/914, Pyay Road, Saw Bwar Gyi Gone Quarter, Insein Township, Yangon Phone: 09777005791, 09777005792 |
Home Renovation Loan
Frequently asked questions
These are :
- Salary Advance
- Salary Loan
- Home Loan
- Hire PurchaseSMART Credit
For more information, please contact to Yoma Bank 24/7 call center – 9662 or 097 9662 9662 or Yoma Bank official Facebook page or go to nearest branch during the operation hour and do not forget to bring NRC/Passport.