LOAN GUIDELINES

Listed below are loan information that you might find helpful.
If you have any further doubts, do not worry. I will be more than happy to help you out.

Required Documents :

  • Mykad
  • Driving License
  • Three (3) months latest Salary Slips
  • Three (3) months latest bank statement
  • Employment Provident Fund (EPF) Statement
  • Offer Letter / Appointment Letter (if required)
Enterprise/Sole Proprietor : Required Documents :
  • Mykad
  • Driving License
  • Three (3) months latest bank statement
  • Form B
  • Form D
  • Form J
Sendirian Berhad : Required Documents :
  • Mykad (All Directors)
  • Driving License (1 of Directors)
  • Mergers & acquisitions
  • Three (3) or Six (6) months Bank Statement
  • Company Resolution
  • Form 24
  • Form 49

Vehicle Financing-i GradHitz is based on Murabahah (Murabahah to the Purchase Orderer “MPO”), Customer can enjoy 100% financing at a really affordable rate as well as our flexible repayment period.

Features

Margin of Financing : Up to 100% of the OTR price for national, non-national, and unregistered reconditioned models.

Financing Tenure : Up to 9 years Financing

Rate Vehicles Rates

National Vehicles : From 3.00% to 3.60% per annum
Non National Vehicles : From 2.90% to 3.35% per annum

Eligibility

  • Age of applicant between 20-30 years old
  • Shall be a graduate with a minimum qualification of Diploma from accredited universities/higher learning institutions
  • Status of employment shall be on permanent or contract basis for an employee in any of the following:-
    • Government and Semi Government sector
    • Selected Public Listed Companies
    • Government Link Companies (GLC)
    • Other prominent Private Limited Companies as categorized under package companies listed by Bank Islam
  • Fixed income earner

Documents Required

  1. Photocopy of Identity Card (front and back)
  2. Photocopy of Valid Driving License
  3. Photocopy of Scroll or Transcript
  4. Photocopy of Latest 3 months Salary Slip; and
  5. Copies of latest 3 months Bank Statement (Salary Crediting Account); or
  6. Latest EPF Statements/EA Forms
  7. Other Supporting Documents as may deemed necessary and acceptable by the Bank for additional income

Benefit

  • Competitive Rates
  • No guarantor
  • Profit margin of up to 100%
  • Fast approval
  • Financing period of up to 9 years
  • Malaysian citizen
  • Minimum age of 18 years and maximum 55 years old at the end of the financing tenure
  • Minimum monthly fixed income of RM 1,500
  • Minimum of six (6) months of employment

Interest Rates

  • 3.05% – 3.20% (Proton & Perodua)

Required Documents

  1. Mykad
  2. Driving License
  3. Three (3) months latest payslip
  4. Three (3) months latest bank statement
  5. Confirmation letter from employer

Charge & Fee

  • Agreement legal fees : RM 212 – RM 265
  • Stamp duty :RM 10.00

Installment Method :

  • Biro Perkhidmatan Angkasa (BPA)
  • Potongan Gaji Majikan (PGM)
  • Cash
  • Post Dated Cheque (PDC)
  • Standing Instruction (SI)

Benefit

  • Margin Financing up to 70%
  • Tenure up to 108 months

Applicant

  1. National Registration Identity Card
  2. International Driving License
  3. Passport and employment / Contract Letter
  4. Latest 2 months’ Salary Slips /vouchers

Malaysian Guarantor

  1. MyKad
  2. Driving License
  3. Latest Three Months Salary Slip
  4. Latest Three months Bank Statement
  5. EA Statement OR EPF Statement