CIMB Hire Purchase

Secure your dream car with CIMB 1-Minute Auto Financing InstaApproval. Get flexible financing terms and competitive fixed or variable interest rates.

CIMB Hire PurchaseFast Approval
Tenure
up to 9 years
Loan Type
Fixed Financing loan
Interest Type
Variable/Flat
Margin of finance
Up to 90%
Excess Repayment
Not applicable
Early Settlement Rebate
Available

Interest rates

How much the bank charges you based on your loan amount & loan period

ConditionMaximum YearsMargin of FinanceInterest rate
New9 years90%3.75% p.a.
Used9 years90%4.45% p.a.

Fees & Charges

Interest Rate for New Cars
from 2.7% p.a. to 3.75% p.a., depending on car brand, borrowing amount, and period
Interest Rate for Used Cars
from 4% p.a. to 4.45% p.a., depending on car brand, borrowing amount, and period
Stamp Duty
RM10
Consent Letter
RM50
JPJ Fees
RM20
Early Settlement Fee
 subject to terms of agreement with bank
Late Penalty Fee
8%  p.a of the outstanding balance

Requirements

Minimum Annual Income
RM24,000
Minimum Age
  • 18 to 70 years old
Who can apply
  • Malaysians

More Information

Car Loan » CIMB

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