• Hire Purchase

Caters to all new and used cars

Financing plans for all types of cars - new and used, 4WD, MPV, Sedan , SUV, CBU or CKD.

Easy Monthly installments

Pay your monthly instalments via online banking, or pay at any CIMB Bank branch, ATM, Cash Deposit Machine (CDM), or set up automatic payments via standing instruction.

High margin of financing

Up to 90% margin of financing

Flexible repayment period


Repayment period up to 9 years.

Competitive interest rate


Option for fixed or variable rate

Car Loan Calculator

Principal Amount (RM)

Loan Period (Years)

Interest Rate (%)

Total Hiring Charges
RM 0
Installment Amount
RM 0
Total Amount Payable
RM 0

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.



  • Minimum age of 18 years old
  • Gainfully employed, otherwise an acceptable Guarantor is required

  • Copy of NRIC
  • Copy of valid Driving License
  • Copy latest 3 months Salary Slips or
  • Latest 3 months Saving/Current Account statements reflecting credited salary
  • Latest EPF / Income Tax statement with proof of tax payment

Non individual:


Sole Proprietors, Partnerships, Public Listed Companies, Private Limited Companies, Clubs, Associations, Societies or Co-Operatives.

  • Must be registered with Suruhanjaya Syarikat Malaysia (SSM) / Registrar of Society.


    a) Sole Proprietor/Partnership
  • Copy of proprietor / partner(s) NRIC who sign the HP documents
  • Copy of Business Registration (BR)
  • Copy of BR Renewal (Borang D/E)
  • Saving/Current Account / ASB/ASN / Tabung Haji statements reflecting 3 months declared income
  • Latest Income Tax statement with proof of tax payment

    b) Private / Public Companies
  • Copy of Guarantor(s) NRIC
  • Copy of Certificate of Incorporation (Form 9), Form 24 & Form 49
  • Copy of Memorandum of Articles
  • Board of Directors’ Resolution for Acceptance
  • Current Account statements reflecting 3 months declared income
  • Latest 1 year financial statement

    c) Clubs/Association/Societies/Co-operatives
  • Copy of Guarantor(s) NRIC
  • Copy of Certificate of Registration
  • Empowerment of office bearer to borrow and execute HP documents
  • Current Account statements reflecting 3 months declared income
  • Latest 1 year financial statement

Fees & Charges

  Products/Items Charges
1 Road Tax Renewal RM10.00
2 JPJ Search RM20.00
3 Puspakom Inspection (VR1) RM28.00
4 Postage of Hire Purchase Agreement  RM2.50

Postage of Statutory Notices via Registered Mail

  • Notice on Base Lending Rate (BLR) & Base Financing Rate (BRF) Revision
  • 4th Schedule Notice
  • Notice of Intention to Repossess
  • 5th Schedule Notice
RM5.80 per recipient
6 Stamp duty on Hire Purchase / Guarantee Agreement  RM10.00 per agreement
7 Stamp duty on Rescheduling & Restructuring (R&R) Agreement  RM10.00 per agreement
8 Courier Services
  • Within Malaysia
  • To East Malaysia


RM10.00 per request

RM15.00 per request


9 Consent to change engine/registration number, transfer of vehicle between East and West Malaysia RM50.00 per letter
10 Audit Confirmation RM10.00 per request
11 Additional Loan/Financing Statement (half year no charge) RM20.00 per request
12 Photocopy/Faxing of Guarantee Agreement RM8.00 per request
13 Photocopy/Faxing of Hire Purchase Agreement RM16.00 per request
14 Photocopy/Faxing of Approval Permit RM7.00 per request
15 Photocopy/Faxing of Registration Card RM7.00 per request
16 Service Fee for payment at Over-the-Counter, Cash & Cheque Deposit Machines
  • Over-the-Counter
  • Cash/Cheque Deposit Machines

RM2.00 per transaction

RM0.50 per transaction


  • Taxes on products and services (including but not limited to service tax, indirect taxes or withholding taxes), where applicable, as may be imposed by the Government of Malaysia and any taxes payable in connection with or arising out of facility financing/account will be payable.