With CB Bank Hire Purchase program, you do not need to wait until you have full amount of money to drive your dream car.
Features and Benefits
- Everyone aged 22 to 59 with monthly income can easily own a dream car.
- Get up to 70% or lower than that amount of the loan for your car purchase.
- Loan tenure up to 5 years for brand new cars.
Rates and Fees
- Down Payment : from 30% up to 70%
- Interest Rate (Brand-new) : 10% per annum (Amortization)
- Interest Rate (Used Car) : 9% per annum (Flat)
- Service Charge : up to 2% (on loan amount)
- Loan Tenure (Brand-new) : up to 5 years
- Loan Tenure (Used Car) : up to 2 years
- Early Repayment Fees : 3% on the total outstanding balance (if repaid within the first 3 years of tenure)
*Disclaimer: Interest rate is subject to change from time to time in accordance with the directives of the Central Bank of Myanmar. The bank reserves the right to make any changes to the above rates and fees at any time without prior notice.
Requirements
Calculator
Download CB Bank Car Loan Authorized Dealers List
CB-Suzuki Easy Finance
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