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Commercial Banking > Personal Financing > Personal Financing
Hire Purchase  

Drive your dream car through CIMB Bank Auto Loan, with flexible and competitive terms and interest rates.

Features and Benefits

Hassle-free application
Fast approval
Up to 90% margin of financing
Repayment period until 9 years
Competitive interest rate
All type of new and used passenger cars, 4WD,MPV and SUV(CDU & CKD)
Availability of Conventional and Islamic (Takaful) motor insurance and Road Tax services.
Make your monthly installment payments via online banking, or pay at any CIMB Bank branch, ATM and Cash Deposit Machine (CDM), or set up automatic payments via standing instruction.

Terms & Conditions Apply

Requirements:
These documents must be submitted along with the application form at any of the nearest branches. The bank reserves the right to request for additional documentation where deemed necessary.
Salaried Applicant
Photocopy of NRIC & valid driving license
Latest form B / EA or EPF statement
Latest 3 months pay-slips
Latest 3 months Savings / Current account statements
Self-Employed
Photocopy of NRIC & valid driving license
Latest form B / EA or EPF statement
Business Registration Certificate for sole Proprietor / Partnership
Latest 6 months bank statement account
Company
Latest 6 months company bank account statements
Form 9, 24, 49 for private limited company (Sdn Bhd)
Latest  audited account
Memorandum & Article of Association


New Car Financing Rates - Fixed Rate
New Vehicles - Registered for Private Use
Type of Vehicles Interest Rate from
National 3.35%
Non National 2.95%
Unregistered Reconditioned 3.00%

New Commercial Vehicles
Type of Vehicles Interest Rate from
BTM up to 5,000 Kg 3.60%
BTM more than 5,000 Kg 4.30%

Note:
  • The above is an indicative minimum interest rates and is subject to the Terms and Conditions.
  • For more details and latest interest rate, kindly contact the nearest Auto Finance Centres.

     

New Car Financing Rates - Variable Rate
Balance
Rates (% p.a)
0.00
   


Used Car Financing Rates - Fixed Rate
Used Vehicles – Registered for Private Use
Type of Vehicles Interest Rate from
National 4.10%
Non-National 3.60%

Used Commercial Vehicles
Type of Vehicles Interest Rate from
BTM up to 5,000 Kg 5.45%
BTM more than 5,000 Kg 8.10%

Note:

  • The above is an indicative minimum interest rates and is subject to the Terms and Conditions.
  • For more details and latest interest rate, kindly contact the nearest Auto Finance Centres.
Used Car Financing Rates - Variable Rate
Balance
Rates (% p.a)
0.00
   


Products/Items
Charges
1 Road Tax Renewal RM10
2 JPJ Search RM20
3 Puspakom Inspection (VR1) RM28
4 Hire Purchase Agreement (per recipient) RM2.50
5 Stamp duty on HP / Guarantee Agreement (per agreement) RM10
6 Stamp duty on R & R Agreement (per agreement) RM10
7 Courier Services
-Within Malaysia
-To East Malaysia

RM10
RM15
8 Consent letter for change engine/registration number, transfer of vehicle between East and West Malaysia RM50 per letter
9 Audit Confirmation RM10 per request
10 Additional Loan Statement (half year no charge) RM20 per request
11 Photocopy/Faxing of Guarantee Agreement RM8 per request
12 Photocopy/Faxing of Hire Purchase Agreement RM16 per request
13 Photocopy/Faxing of Approval Permit RM7 per request
14 Photocopy/Faxing of Registration Card RM7 per request
     





For Assistance
Call us at 1300 880 900
Email us at callcentre@cimb.com
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