How can I get a loan?
Prepare, Apply, Await review
Prepare the applicant's Myanmar Resident Identity Card and his age is between 20 and 50 years old. Details of the applicant and contact details of family and friends who can be contacted urgently.
Install the QuickKyat app in your phone
Register QuickKyat App Account
Fill in the information
Submit for review and wait for results
When the loan arrives, remember to check the repayment reminder in the app and make the repayment on time.
The loan amount is not less than 30,000 and not more than 1,200,000
The repayment period is between 90 days and 365 days
Composite Annual Rate (APR) below 28.00%
The minimum service charge is 0%
Minimum repayment installment: 2
Note: APR = (repayment amount - loan principal) / loan principal * (365 / loan term) * 100%
User A has made a loan application example:
User A applies for a loan of 60,000 MMK,Also need to repay after 180 days
When the daily loan interest is 0.06%, the interest is: 60,000 * 0.06% * 180 = 6,480 MMK
The service rate for the loan is 2.0%, which is 60,000 * 2.0% = 1,200 MMK
After the loan is successful, the amount to be repaid after maturity is: 60,000 + 6,480 + 1,200 = 67,680 MMK, and the total annualized interest rate is 25.96%.
All data is strictly encrypted. At the same time, we will never disclose your personal information to anyone other than you or a third party without your authorization or consent.
Address: 86, Sat Hmu 1 Street Myaung Ta Kar Industrial Zone, Hmawbi,Myanmar.