Apply for Hire Purchase by Maybank - Apply online!

Apply online for Maybank's Hire Purchase. Get car loan for interest rate as low as 2.5%.Find the lowest rate and save more on your monthly repayments!

  • Minimum Monthly Salary RM 2,000
  • Minimum Financing Amount RM 15,000

Product Details


Interest rate

Interest Rate

Condition Origin Maximum Tenure Margin Of Finance Interest Rate
Condition:
New
Origin:
Local
Maximum Tenure:
9 years
Margin of Finance:
90%
Interest Rate:
3.15% and above
 
Origin:
Foreign
Maximum Tenure:
9 years
Margin of Finance:
90%
Interest Rate:
2.5% and above
Fees n charges

Fees and Charges

 
Description New Vehicles Used Vehicles
Stamp Duties (Without Guarantor)
Stamp Duties:
RM 20.00
Stamp Duties:
RM 20.00
Stamp Duties (Guarantor) RM 60.00 RM 60.00
Late Payment Fee 8% on outstanding amount 8% on outstanding amount
 Issuance of Letter to JPJ on interchange of registration number RM53.00 RM53.00
Transport charges RM 10.60 RM 10.60
Photostat charges RM 10.60 RM 10.60
Photograph cost
(applicable for vehicle purchased from non-car dealer)
N/A RM10.60
Fax and telephone charges RM 10.60 RM 10.60
E-Hakmilik transaction fees RM3.18 RM3.18
Transport charges for inspection of vehicle conducted away from branch N/A RM16.00 inspection
Interbranch inspection of vehicle N/A RM53.00 per inspection
 
Requirement

Requirements

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:
If you are below 21 years old and if you are a foreigner. Preferably parents or siblings.