Group Loan means disbursing loan to a group formed with 3 to 5 members. Members are required to provide guarantees for each other within a group. The available loan size is from 50,000 kyats to 5 million kyats.

You can apply if you are a business owner, have a valid business or willing to start a business. You need to form a group with 3 to 5 group members same-minded with you.

You must be between 18 to 60 years. You need to have NRC (National Registration Card), Household Registration Certificate, two passport size photos and live in the same ward with your group members.

Business License is required for the individual loan and if it is not available, Hana considers based on clients physically. In case you do not have a business license, you need to prove that you have a business. A recommendation letter for your business from the ward can be used as proof. Alternatively, Hana staff will assess your house and business for verification process before loan disbursement.

The repayment shall be made once in 28 days at Hana branch office or with E wallet payment such as Wave Pay, KBZ Pay etc.

The repayment schedule varies from 3 to 24 months installment plan. The detailed repayment schedule report will be shared with you after disbursement.

No, the signee must be from the same household as the client.

Beneficiary Welfare Fund (BWF) or Insurance, other service fees are collected during the loan disbursement and collection amount depends on the loan term.

It is mandatory to save 5% of the loan amount as per FRD directive. You will be getting 14% annually as saving interest. If the client wishes to withdraw, need to request at least 28 days in advance.