Hire Purchase (Fixed Rate) by CIMB Bank

Condition	Origin	Maximum Tenure	Margin Of Finance	Interest Rate
Condition: New	Origin: Local	Maximum Tenure: 9 years	Margin Of Finance: 90%	Interest Rate: 3.20% p.a. flat
Condition: New	Origin: Foreign	Maximum Tenure: 9 years	Margin Of Finance: 90%	Interest Rate: 4.45% p.a. flat

Description	New Vehicles	Used Vehicles
Road Tax Renewal	Road Tax Renewal: RM 10	Road Tax Renewal: RM 10
JPJ Search	JPJ Search: RM 20	JPJ Search: RM 20
Puspakom Inspection (VR1)	Puspakom Inspection (VR1): RM 28	Puspakom Inspection (VR1): RM 28
Postage of Hire Purchase Agreement	Postage of Hire Purchase Agreement: RM 2.50 (per recipient)	Postage of Hire Purchase Agreement: RM 2.50 (per recipient)
Stamp Duty on HP Agreement	Stamp Duty on HP Agreement: RM 10 (per agreement)	Stamp Duty on HP Agreement: RM 10 (per agreement)
Stamp Duties on R&R Agreement	Stamp Duties on R&R Agreement: RM 10 (per agreement)	Stamp Duties on R&R Agreement: RM 10 (per agreement)
Courier Services	Courier Services: RM 10 (WM) & RM 15 (EM)	Courier Services: RM 10 (WM) & RM 15 (EM)
Consent to change engine/registration number, transfer of vehicle between East and West Malaysia	RM50.00 per letter	RM50.00 per letter
Audit Confirmation	RM10.00	RM10.00
Additional Loan/Financing statement (half year no charge)	RM20.00	RM20.00
Photocopy of Guarantee Agreement	RM8.00	RM8.00
Photocopy of Hire Purchase or Hire Purchase-i Agreement	RM16.00	RM16.00
Photocopy of Approved Permit	RM7.00	RM7.00
Photocopy of Registration Card	RM7.00	RM7.00
Late Payment Fee	Late Payment Fee: 8% p.a of the current outstanding amount	Late Payment Fee: 8% p.a of the current outstanding amount

Minimum Annual Income	Minimum Annual Income: RM 24,000
Minimum Age	Minimum Age: 18 years old
Maximum Age	Maximum Age: 60 years old
Guarantor Needed	Guarantor Needed: Yes. Parents or siblings. Local guarantor for foreigners

Apply for Hire Purchase (Fixed Rate) by CIMB Bank - Apply online!