Vehicle Leasing Loan

This service allows customers to apply for financing to purchase vehicles under 3 tons. Eligible vehicle types include cars, motorcycles, tricycles, and tawn gyi (small trucks).
(Only vehicles with registration from Pathein, Bago, Ayeyarwady, Yangon, and Mandalay regions are accepted.)
Both second-hand and brand-new vehicles can be purchased through this program.

Anyone aged between 18 and 62 years old is eligible to apply.
Applicants can make a minimum down payment of 40%, 50%, or 60%.
The loan period can be 1 year, 1.5 years, or 2 years.

Applicants are required to have vehicle insurance.
An additional guarantor is required for all applications.

Family members listed on the Household Registration List may act as guarantors.
However, if both the applicant and the guarantor share the same source of income (e.g., jointly owned business), the guarantee will not be accepted.
Husband and wife cannot act as guarantors for each other.

Once the complete set of documents is submitted, the loan can be approved within 3 to 7 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 loan repayments convenient, customers can:

• Visit the nearest branch in person, or

• Make payments through banks or online payment platforms.

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 nearest branch or online.

To apply online:
👉 http://www.maharbawga.com.mm/onlineform/

Once the form is submitted, the applicant will be contacted within 24 hours.

Required Documents for Application

For Applicant:

1. Original NRC (National Registration Card)

2. Original Household Registration (If from another township, provide guest list or meter bill)

3. Recommendation letter from Ward Administrator or Meter Bill

4. House Rental or Ownership Agreement (must have lived at current address for at least 6 months)

5. Original Employee ID or Employment Verification Letter (If self-employed – Business License or Business Verification Letter)

6. Latest 3 months’ pay slips

For Guarantor:
The same documents as required for the applicant.