Shopper Installment Loan

The new Shopper Installment Loan enables you to make sizeable purchases with an upfront payment from KBZ Bank. A flexible monthly payment plan suited to your needs, helps you to repay the loan in installments.

Avoid disappointment when you find the perfect product with the new Shopper Installment Loan.

Benefits

  • Quick and easy application via web application
  • Up to 2 times of monthly salary
  • No guarantor
  • 0% down payment 
  • Flexible repayment tenor (12 months/18 months/24 months)

Rate and Fees 

  • 1.33% Monthly Interest Rate based on 14.5 APR
  • Application Fees of 5,000 Kyats (Apply until end of January 2020 to get discounted Application Fees of 1,000 MMK)

Eligibility

  • Salaried Employee 
  • Minimum monthly salary of 200,000 Kyats

Required Documents 

  • NRC Card (Original)
  • Household Chart for Myanmar Citizens and Ward Recommendation for Local Authoritative
  • Bank Statement 
  • Pay Slip (optional)

Calculator

  • This information is only for your reference. 
  • Actual repayment amount will be in accordance with the specific loan amount and period you opt for. 

Q & A

You can easily apply through this link https://shopper.kbzbank.com

If your application has been approved, you will get the Approved Code via SMS to purchase. Else, you will receive the Rejected SMS.

You can show the approved code at the store to purchase.

 It will take only 24 working hours.

We have our partner stores and you can buy from there. For more information, you can see the store list here <link>.

You can contact us via the Hotline number 09-951018555 and via Email customer_service@kbzbank.com.

Yes, you can pay in cash for exceeded amount.

No, you cannot use that remaining credit.

No, you cannot use.

Repayment will be automatically debited from your bank account that is used when you applied the Shopper Instalment Loan.

Yes, there is a late fee with 12% per annum.

Customer needs to contact us via Hotline  number 09-951018555 and via Email customer_service@kbzbank.com. We will provide the approval code again.

No, you cannot.

You can get the Declined SMS with reason. If the reason is in-complete documents, you can re-submit the updated application within 15 working days.

Depending on the reason for your rejection, you may be able to re-apply with the correct documents.

You must have KBZ Bank Account. You do have the current mobile number and must have regular income. Also, we need the following documents from you:

  1. Current Photo
  2. NRC (Back & Forth)
  3. Ward Recommendation (for Shopper Instalment Loan)
  4. Household Registration
  5. Payslip (or) Bank Statement (6 months)

Contact Us

Kanbawza Bank, Call Center
Call Center: 09-951018555
Email: customer_service@kbzbank.com
Opening Hours: 24/7 Monday – Sunday

Kanbawza Bank, Smart Unsecured Consumer VC
Contact No: 01-8370214
Email: smart.unsecuredconsumer@kbzbank.com
Opening Hour: 9:00 AM – 5:00 PM (Weekdays)