Auto Finance is a credit service that allows you to purchase vehicles and machinery through bank-linked installment plans.
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| Interest | 14% p.a. |
| Down Payment | at least 30% |
| Tenor | Up to (5) years |
| Service Charge (One time only) | 1% (on financing amount) |
| Processing Fee | 10,000 MMK |
| Early Repayment Fee | 1% of the outstanding loan balance will be applied if the loan is settled before the end of the term |
The Payment Schedule will be issued by the bank upon the disbursement of the loan. You can conveniently make your scheduled payments through any MAB branch nationwide via iBanking or at our MAB Agency Banking locations.
What you will pay
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What you will get
MAB Auto Finance is where MAB supports the customers to purchase vehicles without paying the total selling price in one lump.
MAB bank allows you to purchase from various brand new cars from our authorized dealers.
You must be a Myanmar nationality, between age age 24-55 years old. For more information, please contact to Call Center (+95) 18610612 or email to [email protected].
Yes, it is but it depends on the customer’s documents requirement. (Final decision made by MAB will be validate.)
