Hmm… No changes on Malaysia hire purchase rate formula for all the banks except Alliance Bank Malaysia Berhad.

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 3.40 – 4.10 6.17 – 7.68 - 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: 25-05-2011

via: Banking Info

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Related Entries