Upgrade your home with uab renovation loan right now.
About Home Renovation Loan
uab renovation financing is a financing for home renovations or improvements with longer tenor.
Home renovation and improvement projects can significantly enhance the comfort, functionality, and
value of your home such as exterior and interior decoration/renovation, energy efficiency
improvements, smart home upgrading and etc.
Key Benefits and Features
uab partnership special offers
Zero Service Charges
Convenient Monthly Payments
Finance up to 70% cost of renovation
Tailored Loan Terms and Plans
Partial Repayment Options
Eligibility & Requirements
- Age: Must be 18 years or older.
- NRC Copy: Provide the original for verification.
- Minimum Monthly Income: MMK 1,000,000 or more, individually or as a family. Employment:
- Employment: Employees must have at least 2 years with their current employer.
- Income Proof: Submit an income statement and proof, such as an HR recommendation or pay slips. (If Employee)
- Business cashflow statements, sale and track record (if Business)
- Property Documents: Provide all relevant documents regarding the house property.
Monthly Repayment Calculator
Discover your estimated monthly payments with our Home Loan Repayment Calculator.
Fees & Charges
Interest : 12.5% per annum
Lawyer & Assessor Fees – 90,000 MMK
MMCB Fees – 12,000 MMK per application
Frequently Asked Questions
Disclosure
Explore our conveniently downloadable application form here.