Home Renovation Loan
Personal Banking > Loans
Home Renovation Loan
Personal Banking > Loans
About Home Renovation Loan
With Yoma Bank Home Renovation Loan, you can renovate a pre-owned or new house, apply for home improvements, remodeling, and interior design to create your dream home.
Visit your local Yoma Bank branch, and let our financial experts guide you through the simple application process.
Choose the perfect loan for you
Features & Benefits
Applicable for various types of properties (detached houses, apartments, condos, mini-condos, etc.)
Financial support available not only for renovation but also for the purchase of furniture and home appliances
Flexible loan terms, with options of up to 15 years
Expedited application process for Yoma Bank’s existing Home Loan customers
Loan Application Requirements
- 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 the complete list of document requirements, please speak with one of our skilled home loan specialists at your local Yoma Bank branch.
Before you apply, please review the following information
Home Renovation Loan Details
Terms | |
Interest Rate | 13% 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) |
* 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
The available loans are:
- SME Express Loan
- Distributor Loan
- Invoice Financing
- Transactor Loan
- Business Overdraft
- Business Loan
- Hire Purchase
- SMART Credit Business
For more information, please contact Yoma Bank’s 24/7 call center – 9662 or 097 9662 9662 or Yoma Bank official Facebook page, or go to nearest branch during operating hours. Don’t forget to bring your NRC/Passport.