Loan Against Listed Shares
This loan is granted against a pledge of your shares and securities listed in the Yangon Stock Exchange (YSX). This allows you to leverage against your holdings of listed shares for your personal or business needs.
Up to 50% of the value of shares as per market rate. Fast approval within 3 days, if the shares are managed by uab securities.
Individuals with permanent source of income, and who hold YSX listed shares in their names in electronic form through the approved securities agent in Myanmar.
Shares / Bonds in electronic form listed in YSX
- Holding Certificate from security trading company
- Loan Application and KYC documents of the borrower
- Income proof to show repayment capacity
| Interest rate | Term Loan – 12.50%p.a |
|---|---|
| Overdraft – 11.50% p.a | |
| Service charges | 1% for Overdraft |
| Commitment charges | 1.00% if utilization is less than 80% |
| Extension fees | Applicable |