Digital Banking Self-Registration
iBanking Login
add-user
login

All Loans

General Purpose of Loan

SHWE Bank car loan is designed to facilitate the acquisition of a dream car for individual customers for their personal or business needs.

Product Features

  • SHWE Bank’s Car Loan offers excellent financing options with a flexible repayment period, allowing up to 5 years for new cars and 4 years for second-hand cars.
  • Please enjoy our car loan with manageable monthly installments, ensuring a hassle-free financial experience while obtaining the car of your dreams.

General Customer Eligibility

  • Any Myanmar Citizens with a proof of monthly income.
  • Joint Applicant – Official spouses are only allowed as Joint applicants.
  • Age must be between 25 to 55 for both applicant and joint applicant.
  • Applicants (if employee) must have at least 1 year at the current employer
  • Applicant eligibility will be considerable upon submission of certified true copies of the bank’s requirements.

Fees and Charges

Table Header Table Header
Interest rate :
13% per annum
Interest calculation method :
Reducing amortization method
Application
fees :
MMK –10,000 (a one-time handling fee)
Down Payment :
• Brand New Car – 20%

• Used Car – 30%
Service charges (Upfront) :
2% flat rate upon the loan amount
Early Repayment Fees :
3 % on loan outstanding balance (if paid during the first 2 years of loan period)
Reschedule Fees :
1% flat rate (on the loan outstanding for rescheduling of the installment plan.)
Insurance :
To place insurance at Bank’s appointed insurance company

Document required for car loan application.

If the applicant is Self-Employed- Company/ Corporate Business;

  • One Passport Size Photo (Mandatory)
  • NRC copy of the applicant. (Mandatory)
  • Staff Identity Card Copy – If the applicant is an employee. (Mandatory)
  • Business License Copy-If the applicant is a businessman. (Mandatory)
  • Pay Slip or income proof for last 3 months. (Mandatory)
  • Bank Statement for last 3 months. (Optional)
  • Tax Slip for last one year (Optional)
  • Household List Copy (Mandatory)
  • Original Testimonial Letter from Ward Administration Office (Mandatory)
  • Vehicle Photos (Mandatory)

Auto Loan Dealer List

No Name Contact List Location
1
Kaung San Pyae Car Showroom
09-799726124
  • No(691), Kyan Sitt
Thar Road, Hlaing Thar yar Tsp, Yangon.
  • No(7/Ka), (2) Quarter, Wun Zinn Street, Mayyangone Tsp, Yangon.
  • No(35), between 60 and 61 street, Chan Aye Thar Zan Tsp, Mandalay.
2
MMM Car Sales
Center 
09-421023378
No(19/20 ), Baho Street, (7) Ward, Near Nanattaw Bridge ,Kamaryut Tsp, Yangon.
3
GreatMotor Myanmar Co.,Ltd & China Auto Group Co.,Ltd 
09-977435490
  • No(V55J)+796, Than Thu Mar Road, South Okkalarpa Township, Yangon.
  • No(456), Bo Hmue Ba Htoo Road, (45) Quarter, North Dagon, Yangon.
4
Nagar lady car sales center
09-780158450
  • No(245),Bo Hmue Ba Htoo Road, (5) Quarter, North Dagon, Yangon.
  • No.Tha/4(Ka) Quarter, 115 street, Corner of 70 street, Pyi Gyi Takon Tsp, Mandalay..
5
Moe and Toe Car Sales Center
09-5106042
No(47/A),Thiri
Mingalar (2) street, Kamaryut Tsp, Yangon.
6
Edin Aung Gyi Car Showroom
09-952106444
Mya Yar Gone Road, Shwe Mya Yar Eain Yar, Mingalar Taung Nyunt Tsp, Yangon.
7
Great Htun
Ayerwaddy
09-970033664
Near Satsan, Upper Pazundaung Road
8
Wun Yan Kha (U Aye Win) 
09-5022577
No.1, Baho Rd, Btwn Hlaing station Rd and Parami Rd, Hlaing Tsp, Yangon.
9
JUNE -4 (U Than Win) 
09-5030254
North Dagon Tsp.
10
Mg Thant Zin Family Company
09-5140079
No.926, Thit Sar Rd, Near the corner Thu Mingalar Traffic, 7 Ward, South Okkalapa Tsp
11
Ko Linn Car Showroom
09-5188495
No.473, Pyay Rd, Near Novotel Hotel, Kamayut Tsp, Yangon.
12
BH Auto Co.ltd
09-881933337,
09-881933338
Tatkon, Nay Pyi Taw
13
Shin Thant Thit Sa (NPT)
09-250909909,
09-885112030
Yaza Htay Nay Rd, Aung TharYar Ward, Nay Pyi Taw
14
Shwe Myanmar Thamadi Auto Mobile (NPT)
09-790590590,
09-780590590
Ayeyarwaddy Rd, Zabhu Thiri, Nay Pyi Taw
15
Aung Thabyay Nu Htet San (Two Two)
–
Upper Pazuntaung Rd
16
Tele Motor Automobile
09-790882714
No(F-1), Thazin Street,9 Ward, Hlaing Tsp, Yangon.
17
Angel Queen Co.ltd
–
No(416), Pun Lung Street, Shwe Kyar Pin Ward, Zabuthiri Tsp, NaypyiTaw.
18
Pyaw and Kyaw Co.ltd
–
No(1209,1210), Yarza Htar Ni Street, Laung (3) Qtd, Naypyitaw.
19
MZL Autodealer
09-5003803
Corner of Kyun Taw Rd and Nar Nar Taw Rd
20
HM Autodealer
09-250253530
Tharketa Tsp.
21
Mya Myintzu Aung (MMA)
09-250432512
No.10, Thiri Lingar Rama Kyoung Lame, Nat Choung Ward, Tarmwe Tsp, Yangon.
22
Shoon Car Sale Center
09-441119038
Min Ye Kyaw Swar Rd, North Dagon Tsp, Yangon.
23
NK7
09-795561812
No.238/A, Min Ye Kyaw Swar Rd, Kyi Pwar Yay Ward, Thingangyun Tsp, Yangon.
24
Ko Moe Car Art
09-957697676
No.517, Bayint Naung 1 Street, Kyi Pwar Yay Quarter, Near San Pya Zay.
Awards

Best Retail Bank Myanmar 2024

Best Retail Bank Myanmar 2023

Contact Info
Download SHWE Bank Mobile Banking App
Connect with Us
Facebook-f Linkedin-in Youtube Viber

Copyright © SHWE Bank 2024. All rights reserved.