Malaysia Hire Purchase Rate (Car Loan) ~ Updated 15-07-2010
15
Jul
Posted by Jayce Ooi as Finance
EON Bank Berhad increased its hire purchase rate. Public Bank Berhad changed its rate. Same apply to Hong Leong Bank Berhad too.
| Banking Institution |
Margin of Financing
(max, %) |
Financing Tenure
(max, months) |
Fixed Rate Term Charges (& p.a.) |
Admin Charges (RM) |
Late Payment Charges (% p.a.) |
| Minimum Rate/Range |
APR for Minimum Rate |
| Affin Bank Berhad |
|
|
90 |
108 |
3.25 – 3.75 |
5.92 – 6.76 |
- |
8.00 |
| Alliance Bank Malaysia Berhad |
|
|
90 |
108 |
3.25 – 3.75 |
6.09 – 6.76 |
- |
8.00 |
| AmBank (M) Berhad |
|
|
0 |
96 – 108 |
3.75 |
6.00 |
- |
8.00 |
|
90 |
84 |
3.50 |
6.00 |
- |
8.00 |
| Bank Muamalat Malaysia Berhad |
|
|
90% |
108 |
2.85 |
5.00 |
600 |
1.00 |
| CIMB Bank Berhad |
|
|
90 |
108 |
3.25 |
5.92 |
- |
8.00 |
| EON Bank Berhad |
|
|
90 |
108 |
3.40 – 4.10 |
6.22 – 7.48 |
- |
8.00 |
| Hong Leong Bank Berhad |
|
|
90 |
60 |
3.40 – 3.85 |
6.36 – 7.16 |
None |
8.00 |
|
90 |
72 |
3.60 – 4.00 |
6.67 – 7.36 |
None |
8.00 |
|
90 |
84 |
3.60 – 4.00 |
6.61 – 7.30 |
None |
8.00 |
|
90 |
96 |
3.75 – 4.10 |
6.82 – 7.40 |
None |
8.00 |
|
90 |
108 |
3.75 – 4.10 |
6.76 – 7.34 |
None |
8.00 |
| Malayan Banking Berhad |
|
|
90 |
108 |
2.70 – 4.30 |
5.10 |
- |
8.00 |
| Public Bank Berhad |
|
|
90 |
108 |
3.25 to 3.50 |
5.95 to 6.39 |
From 45 |
8.00 |
| RHB Bank Berhad |
|
|
90% |
108 |
3.50% to 3.75% |
6.54% to 6.76% |
None |
8.00 |
|
90% |
108 |
3.25% to 3.50% |
6.09% to 6.34% |
None |
8.00 |
|
Last updated: 15-07-2010
via: Banking Info