QAL (1)

What is Quick Access Loan?

This loan enables KBZPay Agents and Merchants to quickly access the necessary e-money for their business operations via the KBZPay Partner App, especially when additional funds are required.

Benefits of Quick Access Loan

  1. To  benefit from short term financing and enjoy improved cash flow
  2. Easy to apply via KBZPay Partner App
  3. No need to present collateral
  4. Low interest rate
  5. Loan amount ranging from minimum 500,000 MMK to maximum 5,000,000 MMK

How to apply?

You can apply via the KBZPay Partner app. Required documents are as follow –

  1. NRC (front/back)
  2. Selfie photo
  3. Ward recommendation letter
  4. Meter bill
  5. Family registration
  6. Business license (or) Tax receipt (or) Municipal license
  7. Shop photo

Quick Access Loan FAQs

Quick Access Loan enables KBZPay Agents and Merchants to quickly access the necessary e-money for their business operations via the KBZPay Partner App, especially when additional funds are required.

All the KBZPay Agent/Merchant can apply the loan. Some criteria are as follow;

  1. Must have agent/merchant life 6 months and above.
  2. Must have transaction to 10 accounts and above.
  3. Must have transaction amount 100,000 MMK and above.

You can apply via KBZPay Partner App by clicking the QAL icon and upload the required documents mentioned below.

  1. NRC (front/back)
  2. Selfie photo
  3. Ward recommendation letter
  4. Meter bill
  5. Family registration
  6. Business license (or) Tax receipt (or) Municipal license
  7. Shop photo

Interest rate = 15 % per annual

Application fee = 1.5% on approval loan limit

You can apply for a loan amount ranging from a minimum of 500,000 MMK to a maximum of 5 million MMK.

The duration of the loan term is (1) year.

The loan must be repaid within 30 days from the date that the loan is approved.

lending.businessunit@kbzbank.com

09880925199 | 09942017820