Property Loan
This service allows customers to apply for a loan using property assets such as houses, land, plots, condominiums, or apartments as collateral.
Applications are accepted whether or not the property ownership (grant) is registered under the applicant’s name.
Anyone aged between 18 and 62 years old is eligible to apply.
Depending on the current market value of the applicant’s property, they may apply for a loan amount of up to approximately MMK 50 million.
The loan period is up to 1 year.
An additional guarantor is required for this service.
Family members listed on the Household Registration List can act as guarantors.
However, if both the applicant and guarantor share the same income source (e.g., co-owned business), the guarantee will not be accepted.
Husband and wife cannot act as guarantors for each other.
Once the required documents are completely submitted, the loan can be approved within 7 to 10 working days.
Mahar Bawga Finance will contact the applicant to confirm loan approval and will inform them of the date to collect the loan amount.
Monthly Repayment Methods
To make monthly repayments convenient, customers can:
Visit the nearest branch office, or
Make payments through banks or online payment systems.
Accepted Banks:
KBZ Bank, A Bank, CB Bank, UAB Bank, AYA Bank
Online Payment Options:
KPay, A+, CB Pay, AYA Pay, Wave Pay, Near Me Wallet
Applicants can apply at any nearby branch office or online.
To apply online:
👉 http://www.maharbawga.com.mm/onlineform/
Once the online form is submitted, applicants will be contacted within 24 hours.
Required Documents for Application
For Applicant:
Property grant or ownership document
Original NRC (National Registration Card)
Original Household Registration (If from another township, provide guest list or meter bill)
Recommendation letter from Ward Administrator or Meter Bill
Original Employee ID or Employment Verification Letter (If self-employed – Business License or Business Verification Letter)
Latest 3 months’ pay slips
For Guarantor:
House Ownership Document or Rental Agreement
Original NRC
Original Household Registration (If from another township, provide guest list or meter bill)
Recommendation letter from Ward Administrator or Meter Bill
Original Employee ID or Employment Verification Letter (If self-employed – Business License or Business Verification Letter)
Latest 3 months’ pay slips
Others