Receive loans by keeping your gold at CB Bank. Gold's price is evaluated according to the daily price issued by Myanmar Gold Entrepreneurs' Association.
Features and Benefits
- Get loan up to 70% - 75% of appraised value
- Keep your gold safe and secured during contract term
Rates and Fees
12.5% p.a. interest rate
| Appraised Gold Value | Service Charge (Kyats) |
| Up to 2,500,000 Kyats | 5,000 |
| Below 10,000,000 - 50,000,000 Kyats | 30,000 |
| Below 50,000,000 - 100,000,000 Kyats | 40,000 |
| Below 100,000,000 - 150,000,000 Kyats | 50,000 |
Requirements
- Please bring only your gold pieces that you would like to use as collateral.
- The thickness of gold must be 19.24ds and the quality must be 16-A ticals or 24K(carat)
FAQs
How does it work?
Upon your application for gold financing, the bank will assign expert gold appraiser to test for quality, thickness and measurement digitally. The amount of loan will be granted up to 70% - 75% based on the assessment.
How long is the duration for gold financing loan?
Gold financing loan is usually for 3 months.
Can I extend my gold financing loan period?
Yes, please contact us if you wish to extend gold financing loan period.