
Travel Loan
This service is a type of loan that allows applicants to apply through partner travel agencies for both domestic and international trips.
Anyone between the ages of 18 and 62 can apply.
Applicants under the minimum age requirement must apply jointly with a person who has a regular monthly income.
Applicants are eligible to apply for a loan of up to approximately twice their regular monthly income.
The repayment period can be up to 6 months or 1 year.
When applying for this service, one guarantor is required.
Family members listed on the same household registration can act as guarantors for each other.
Alternatively, travelers can mutually guarantee each other.
However, guarantees are not allowed if both parties share the same source of income (for example, jointly running a business).
Husbands and wives cannot act as guarantors for each other.
For company-sponsored travel applicants, a guarantee letter from the CEO or Managing Director (MD) of the company is required.
Once all required information and documents are submitted completely, applicants can receive the loan within 7 to 10 working days.
Mahar Bawga Finance will contact successful applicants to inform them about the loan approval and arrange a date for loan collection.
Monthly Repayment Methods
To ensure easy repayment, monthly loan installments can be made at any nearby branch office.
Alternatively, payments can also be made through banks or online payment platforms.
Available Banks:
KBZ Bank, A Bank, CB Bank, UAB Bank, AYA Bank
Online Payment Platforms:
KPay, A+, CB Pay, AYA Pay, Wave Pay, Near Me Wallet
Applicants can apply in person at the nearest branch or online.
To apply online, please visit:
๐ http://www.maharbawga.com.mm/onlineform/
Once the form is submitted, the company will contact you within 24 hours.
Required Documents for Application
For the Applicant:
Original NRC (National Registration Card)
Original Household Registration (or guest list / meter bill for township registration)
Recommendation letter from the local authority (or a meter bill โ within 1 month)
Original Staff ID Card or Employment Verification Letter (If self-employed โ Business License, Tax Payment Receipt, or Business Verification Letter with 1-month Income & Expense Record)
Latest Salary Pay Slip
Passport
Visa, Round Trip Plan, and Air Ticket
Hotel Booking
For the Guarantor:
Original NRC (National Registration Card)
Original Household Registration (or guest list / meter bill for township registration)
Recommendation letter from the local authority (or a meter bill โ within 1 month)
Original Staff ID Card or Employment Verification Letter (If self-employed โ Business License, Tax Payment Receipt, or Business Verification Letter with 1-month Income & Expense Record)
Others
