- Whether you are looking to buy your first car or ride from coast to coast in the superbike of your dreams, our automobile financing-i packages will have you zooming off in no time!
- The financing is suitable for new cars as well as superbikes (minimum engine power of 500 c.c. and above) using the “Shariah principle” of “Al-Ijarah Thumma Al-Bai” (Lease ends with sale).
- Financing amount
- Car: Minimum RM30,000 and above.
- Superbike: Minimum RM25,000 and above.
- Margin of financing
- Car: 90% of the Purchase Price.
- Superbike: Up to 75% of the Purchase Price.
- Tenure
- Car: 2 years to 9 years.
- Superbike: Up to 7 years.
- Stamp duty fees: As per the Stamp Act 1949 (Revised 1989).
- Please click here for details, refer to Financing tab.
- Malaysian Citizen and Permanent Resident.
- Age:
- Car: Applicant - Minimum 18 years
- Guarantor - Minimum 21 years old.
- Superbike: Minimum 30 years old.
- Income:
- Car: No minimum fixed salary/income, as long as customer can provide a valid proof of income to the Bank.
- Superbike: Minimum Gross personal income of RM7,000.00 per month.
- Employed Individual:
- Copy of National Registration Identity Card (NRIC) and Driving License.
- Latest 3 months’ salary slips.
- Latest EA / J Form or EPF Statement.
- Confirmation Letter from employer.
- Car / vehicle dealer’s quotation (for new car only).
- Self Employed
- Copy of National Registration Identity Card (NRIC) and Driving License.
- Certificate of Business Registration.
- B/BE Form (last 2 years).
- Company Bank Statement (6 months).
- Personal Bank Statement (if any).
- Guarantor: (if any)
- Copy of National Registration Identity Card (NRIC) and Driving License.
- Latest 3 months’ salary slips.
- Latest EA / J Form or Employee Provision Fund (EPF) Statement.
- Copy of Bank Statement or saving passbook.