Loan Info
Bank Car Loan Interest Rates:
| BANK NAME | CAR LOAN INTEREST RATES |
| Public Bank Aitab Hire Purchase-i | 2.86% p.a |
| Maybank Hire Purchase | 2.96% p.a |
| Al-Rajhi Automobile Financing-i | 3.00% p.a |
| Hong Leong Auto Loan | 3.01% p.a |
| AmBank Arif Hire Purchase-i | 3.10% p.a |
| Alliance Bank Hire Purchase | 3.14% p.a |
| CIMB Hire Purchase | 3.15% p.a |
| RHB Hire Purchase | 3.62% p.a |
| Bank Muamalat Hire Purchase-i | 4.00% p.a |
(Updated Rates 2016)
Car Loan Calculator
Here is the car loan procedure and the required document for you to buy a new car or a used car from the any car seller. You must have Driving License, Pay slip and Guarantor to get better interest rate for car loan .
Required Document for Loan
Application (Copy)
Applicant:
1) Identity Card
2) Malaysian Driving License
3) Pay slip (3 Month Latest)
Supporting Document (if Any):
1) Bank Statement (3 Month Latest)
2) EPF Statement
3) EA Form
4) Offer Letter
5) Certificate/Diploma/Degree
Guarantor: (If Required by Bank)
1) Identity Card
2) Pay slip (3 Month Latest)
Applicants are encouraged to submit all document needed support by extra
documents in order to get better interest rate and approval chances.
