Home Construction Loan

Personal Banking > Loans

Home Construction Loan

Personal Banking > Loans

About Home Construction Loan

With a Yoma Bank Home Construction Loan, you can build your dream home on your own land or you can buy land and build your dream home on that land. Inquire at your local Yoma Bank branch and let our financial experts guide you through our easy application process.

Choose the perfect loan for you

Key Features & Benefits


Get financial support for both costs of land and home construction

Loan Term up to 25 years

Receive financing up to 50% of land cost and 70% of home construction cost

Get support to check the document integrity of the land by a certified lawyer

Eligibility & Requirements
to Open Loan

  • 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

  • Blueprint of the building house
  • Estimated cost and timeline of the construction of the house (the construction of the house is to be completed within 12 months)
  • Any other land ownership-related documents

  • Legal contract between the loan applicant and the contractor
  • Detailed blueprint of the house
  • Building permit and assessor report of the house upon completion of the building construction
  • Assessor report and lawyer report of the land
  • Insurance premium receipt upon 80% completion of the house construction (before disbursement of the last tranche)

For full document requirements, please talk to our skilled home loan specialist at your local branch.

Home Construction Loan

  • Amount

    35,000,000.00 MMK 1,000,000,000.00 MMK

    Duration in years

    1year 25years

    Interest Rate

  • 0

    Monthly Payment

    Total Interest Payable

Before you applied check these information

Other details of Home Construction Loan


Interest Rate10% per annum*
Loan AmountMin- 35mn MMK
Max- 1 bn MMK
Loan TenureUp to 25 years
Establishment FeesAt least 250,000 MMK (or) 1.5% of the approval loan amount (whichever is higher)
Early Repayment fees (if paid within first 3 years)3% on the outstanding loan amount
Down Payment (Land)50% of land value
Down Payment (Construction)30% of home construction cost
Eligible Story HouseMax- 3 ½ stories
* Rates may subject to change

Important Notice to Customers – please note that the bank does not charge any additional fee in processing the loan application by using third-party channels. The bank is not obligated for payments to any third party appointed by the customer and strongly encouraged to deal with bank directly for all communications.

Important Info for Customers.

Terms & Conditions Apply

Home Construction Loan

Frequently asked questions


These are :

  • Salary Advance
  • Salary Loan
  • Home Loan
  • Hire PurchaseSMART Credit

For more information, please contact to Yoma Bank 24/7 call center – 9662 or 097 9662 9662 or Yoma Bank official Facebook page or go to nearest branch during the operation hour and do not forget to bring NRC/Passport.

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