Being one of the leading car financiers in Malaysia, we have just the perfect package for you to drive your dream car away. Based on the concept of Al-Ijarah Thumma Al-Bai, worry no more about the payment of your dream car! AmIslamic Bank is here to make you smile.
Arif Hire Puchase-i is based on Islamic Banking concepts. After you have selected the car of your choice, ask your dealer for AmIslamic Bank Hire Puchase options or go to the nearest AmBank and AmIslamic Bank branches for more help.
Arif Hire Purchase-i Features
• No.1 Car Financier in Malaysia
• Based on Shariah concepts – Ijarah Thumma Al-Bai
• 90% car financing for up to 9 years.
• Fast approval
• Over 3,000 appointed car dealers
• Easy payment via Online Banking or 24-hour e-Banking Centres nationwide.
CAR FINANCING-i ANNAQLU 1
Hire Purchase-i AnNaqlu 1 offers a flexible and affordable repayment scheme in purchasing all new national and non-national cars (excluding continental cars) available in the market.
Concept
Al-Ijarah Thumma Al-Bai
Eligibility
- Malaysian citizens between the ages of 18 and 55 years
- Governement employees with a minimum income of RM1,000.00
- Employees in service for not less than 6 months
Quantum of Financing
Financing up to 90% of vehicle price
Repayment Period
Maximum 10 years
Repayment Method
- Salary deduction through Biro Perkhidmatan Angkasa
- Post Dated Cheques (government senior officials in service not less than 36 months)
- Standing Instruction (government senior officials in service not less than 36 months)
CAR FINANCING-i ANNAQLU 2
Concept
Al-Bai Bithaman Ajil
Eligibility
- Malaysian citizens between the ages of 18 and 55 years
- Government employees with a minimum income of RM1,000.00
- Private sector employees (approved under Bestari Financing Package)
- Employees in service for not less than 6 months
Quantum of Financing
Financing up to 100% of vehicle price (maximum amount up to RM200,000.00)
Repayment Period
Maximum 10 years
Repayment Method
- Salary deduction through Biro Perkhidmatan Angkasa
- Employee Salary Deduction
Drive your dream car through CIMB Bank Auto Loan, with flexible and competitive terms and interest rates.
Features and Benefits |
 | Hassle-free application |
| Fast approval |
| Up to 90% margin of financing |
| Repayment period until 9 years |
| Competitive interest rate |
| All type of new and used passenger cars, 4WD,MPV and SUV(CDU & CKD) |
| Availability of Conventional and Islamic (Takaful) motor insurance and Road Tax services. |
| Make your monthly installment payments via online banking, or pay at any CIMB Bank branch, ATM and Cash Deposit Machine (CDM), or set up automatic payments via standing instruction. |
| For CIMB Prime Plan customer, enjoy the following benefits: |
| • 0.1 Bonus Point for every RM1 financing |
| • Upgrades existing car financing by 20% from original financing limit every 3 years. |
| Please click here for more information on CIMB Prime Plan. |
Terms & Conditions Apply
New Car Financing Rates
| New Vehicles - Registered for Private Use |
|
| Type of Vehicles | Fixed Rate (p.a. flat) |
| Passenger Vehicles | 2.85% to 3.00% |
| Proton & Perodua | 3.20% to 3.65% |
| Unregistered Reconditioned | 2.85% to 3.00% |
|
|
| New Commercial Vehicles |
|
| Type of Vehicles | Fixed Rate (p.a. flat) |
| BTM up to 5,000 Kg | 3.25% to 3.60% |
| BTM more than 5,000 Kg | 4.20% to 4.60% |
Note:
- The above Fixed Rate (p.a. flat) is an indicative interest rates and shall subject to the Terms and Conditions apply.
- For more details of the above, kindly contact our Auto Finance Centres.
|
|
Used Car Financing Rates
| Used Vehicles – Registered for Private Use |
|
| Type of Vehicles | Fixed Rate (p.a. flat) |
| National & Non-National | 3.25% to 3.60% |
|
|
| USED COMMERCIAL VEHICLES with BTM more than 5,000 Kg |
|
| Type of Vehicles | Fixed Rate (p.a. flat) |
| BTM up to 5,000 Kg | 5.70% to 6.10% |
| BTM more than 5,000 Kg | 7.50% to 7.80% |
Note:
- The above Fixed Rate (p.a. flat) is an indicative interest rates and shall subject to the Terms and Conditions apply.
- For more details of the above, kindly contact our Auto Finance Centres.
|
| Eligibility: |
| Individual aged 18 years and above. |
| Sole Proprietor and Partnership |
| Private Limited and Public Listed Company |
| Other Commercial Organisation |
| Requirements: |
| 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. |
| Salaried Applicant
| Photocopy of NRIC & valid driving license |
| Latest form J / B / EA or EPF statement |
| Latest 3 months pay-slips |
| Latest 3 months Savings / Current account statements |
|
| Self-Employed
| Photocopy of NRIC & valid driving license |
| Latest form J / B / EA or EPF statement |
| Business Registration Certificate for sole Proprietor / Partnership |
| Latest 3 months company bank account statements |
|
| Company
| Latest 3 months company bank account statements |
| Form 9, 24, 49 for private limited company (Sdn Bhd) |
| Latest audited account |
| Memorandum & Article of Association |
|
| • | Individuals aged 18 years and above |
| • | Sole proprietorships or partnerships |
| • | Private Limited and Public Listed Companies |
| • | Other commercial organizations |
New Car Financing Rates
| New Vehicles - Registered for Private Use |
|
| Type of Vehicles | Fixed Rate (p.a. flat) |
| Passenger Vehicles | 2.85% to 3.00% |
| Proton & Perodua | 3.20% to 3.65% |
| Unregistered Reconditioned | 2.85% to 3.00% |
|
|
| New Commercial Vehicles |
|
| Type of Vehicles | Fixed Rate (p.a. flat) |
| BTM up to 5,000 Kg | 3.25% to 3.60% |
| BTM more than 5,000 Kg | 4.20% to 4.60% |
Note:
- The above Fixed Rate (p.a. flat) is an indicative interest rates and shall subject to the Terms and Conditions apply.
- For more details of the above, kindly contact our Auto Finance Centres.
|
|
Used Car Financing Rates
| Used Vehicles – Registered for Private Use |
|
| Type of Vehicles | Fixed Rate (p.a. flat) |
| National & Non-National | 3.25% to 3.60% |
|
|
| USED COMMERCIAL VEHICLES with BTM more than 5,000 Kg |
|
| Type of Vehicles | Fixed Rate (p.a. flat) |
| BTM up to 5,000 Kg | 5.70% to 6.10% |
| BTM more than 5,000 Kg | 7.50% to 7.80% |
Note:
- The above Fixed Rate (p.a. flat) is an indicative interest rates and shall subject to the Terms and Conditions apply.
- For more details of the above, kindly contact our Auto Finance Centres.
|
|
N/A
When it comes to buying a car, Hong Leong Bank will put you straight in the driver's seat with our hassle-free car financing.
Speedy Approval
Fast approval upon submission of your application with all the necessary documents.
Highly Competitive Rates
Competitive rates quoted will help lighten your repayment burden.
Worry-free Repayment
Convenient payment options, conducted via:
- Online Banking
- Interbank GIRO (MEPS IBG)
- Automated Teller Machine (ATM)
- Cash Deposit Machine (CDM)
- Cheque Deposit Machine (CDM)
- Hong Leong Bank Branches
- Standing Instruction facility
Supportive Services for Customer Convenience
Our insurance and road tax renewal services relief the hassle of customers having to go to Road Transport Dept (JPJ).
We offer Car Loans for the following segments:
Passenger Vehicles
Age of vehicle | Loan Margin | Maximum Loan Duration |
New | Up to 90% | Up to 108 months |
Up to 5 years old | Up to 90% | Up to 108 months |
6 to 10 years old | Up to 85% | Up to 84 months |
Commercial Vehicles
Age of vehicle | Loan Margin | Maximum Loan Duration |
New | Up to 90% | Up to 108 months |
Up to 5 years old | Up to 80% | Up to 84 months |
6 to 8 years old | Up to 75% | Up to 72 months |
Other Commercial Vehicles
- BDM above 2540kg and up to 5000kg
Age of vehicle | Loan Margin | Maximum Loan Duration |
New | Up to 80% | Up to 60 months |
Up to 3 years old | Up to 70% | Up to 36 months |
For more information kindly refer to our nearest information centre or call 03-76268899 or visit
www.hlb.com.my
Note:
- Conditions apply
- Terms subject to change without notice
Financing for new, secondhand and reconditioned motor vehicles
Margin of finance:
Up to 90%
Loan period:
Up to 9 years
Benefits
- Easy payment of your instalment via Maybank branches, ATMs, online via Maybank2u.com and Maybank e-Kawanku
- Fast processing and approval
- Attractive and competitive term charges
- Renewal of road tax and motor insurance
Types of goods financed
- New motor vehicles
- Secondhand motor vehicles
- Reconditioned motor vehicles
Who can apply
- Individuals aged 18 years old and above
- Sole proprietorships
- Partnerships
- Private Limited & Public Limited Companies
Terms of financing
| Type of vehicle | Margin of finance | Repayment period |
| New passenger car, 4WD, MPV and SUV (CBU and CKD units) | Maximum of 90% of seller's invoice | Maximum 108 months |
| Secondhand passenger car, 4WD, MPV and SUV | Maximum of 85% of seller's invoice | Maximum 108 months |
| Unregistered reconditioned (imported) vehicle | Maximum of 90% of seller's invoice | Maximum 108 months |
| *All terms and conditions are subject to the financing guidelines by Bank Negara Malaysia and Maybank |
Fees & charges
List of
hire purchase fees for purchase of new and reconditioned vehicles, used vehicles and after sales support services
Required documents
Please bring along the following when applying for financing:
- Photocopy of IC
- Photocopy of driving licence
- Copies of last 2 years' income tax returns (J form or EA)
- Copies of latest 2 months' salary slips
- Confirmation Letter of Employment (latest)
- Last 3 months' bank statements (if self-employed)
- Photocopy of seller's IC and driving licence (secondhand cars only)
- Photocopy of registration card (secondhand cars only)
- Proforma invoice from seller
For non-individual applications, other documents may be deemed necessary.
HP Repayments
Payments via M2U for Hire Purchase or AITAB - ie.car loan/financing must be in complete instalment amount. Please add payments for any other charges eg. overdue interest or compensation fees with your instalment payment. Partial payments or incomplete instalment payment will not be accepted.
Being one of the leading car financiers in Malaysia, we have just the perfect package for you to drive your dream car away. Based on the concept of Al-Ijarah Thumma Al-Bai, worry no more about the payment of your dream car! AmIslamic Bank is here to make you smile.
