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“In the exhibition of property sale which will be held in the coming May 11 and 13, KBZ Bank Long term installment housing loan will be raised in lending till up to 25 years,” said U Nay Min Tu, Executive Director of iMyanmarhouse.com.
“While 25 years installment lend, more than installment loan the previous short period than this from 1 year to till 15 years, rules and regulations will be setup more. The age of buyer, payable in monthly and whether the evidence of ownership is real or not, those were systematically will be investigated” said U Aung Kyaw Myo, Banks’ Deputy Chief Executive.
As the buyer, need to decided own decision whether they should buy with 25 years or 15 years installment. As for us, when we open for 25 years installment loan payment, then we will provide a deserving customer.
Loan will be opened for the completed building apartment, ongoing process building apartment, High-value and reasonable price and lower apartment and the landed house. For the landed house, term of Grant, term of ownership, it will set up a verified credit years,” said U Aung Kyaw Myo.
