Loan Guidelines

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 (M&A)
• 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