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)
- Mykad
- Driving License
- Three (3) months latest bank statement
- Form B
- Form D
- Form J
- 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
- Photocopy of Identity Card (front and back)
- Photocopy of Valid Driving License
- Photocopy of Scroll or Transcript
- Photocopy of Latest 3 months Salary Slip; and
- Copies of latest 3 months Bank Statement (Salary Crediting Account); or
- Latest EPF Statements/EA Forms
- 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
- Mykad
- Driving License
- Three (3) months latest payslip
- Three (3) months latest bank statement
- 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
- National Registration Identity Card
- International Driving License
- Passport and employment / Contract Letter
- Latest 2 months’ Salary Slips /vouchers
Malaysian Guarantor
- MyKad
- Driving License
- Latest Three Months Salary Slip
- Latest Three months Bank Statement
- EA Statement OR EPF Statement