Malaysia Hire Purchase Rate (Car Loan) ~ Updated 25-05-2011

25 May

Posted by Jayce Ooi as Finance

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.)
Banking Institution	Margin of Financing (max, %)	Financing Tenure (max, months)	Minimum Rate/Range	APR for Minimum Rate	Admin Charges (RM)	Late Payment Charges (% p.a.)
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

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.)
Banking Institution	Margin of Financing (max, %)	Financing Tenure (max, months)	Minimum Rate/Range	APR for Minimum Rate	Admin Charges (RM)	Late Payment Charges (% p.a.)
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

24 May

Posted by Jayce Ooi as Finance

Yeah… Malaysia Hire Purchase Rate (Car Loan) does not increase even with BLR rate increased lately. No need to rush on getting new car.

Banking Institution	Margin of Financing (max, %)	Financing Tenure (max, months)	Fixed Rate Term Charges (& p.a.)		Admin Charges (RM)	Late Payment Charges (% p.a.)
Banking Institution	Margin of Financing (max, %)	Financing Tenure (max, months)	Minimum Rate/Range	APR for Minimum Rate	Admin Charges (RM)	Late Payment Charges (% p.a.)
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	3.25 – 3.50	6.09 – 6.34	-	8.00
Hong Leong Bank Berhad
	90	72 – 84	3.40 – 3.65	6.32 – 6.70	From 50	8.00
	90	96 – 108	3.50 – 3.75	6.39 – 6.76	from 50	8.00
	90	60	3.25 – 3.50	6.09 – 6.54	From RM50	8.00
Malayan Banking Berhad
	90	108	2.70 – 4.30	5.10	-	8.00
Public Bank Berhad
	90	108	3.37 to 4.06	6.23	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: 24/05/2010

15 Mar

Posted by Jayce Ooi as Ramblings

Banking Institution	Margin of Financing (max, %)	Financing Tenure (max, months)	Fixed Rate Term Charges (& p.a.)		Admin Charges (RM)	Late Payment Charges (% p.a.)
Banking Institution	Margin of Financing (max, %)	Financing Tenure (max, months)	Minimum Rate/Range	APR for Minimum Rate	Admin Charges (RM)	Late Payment Charges (% p.a.)
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	3.25 – 3.50	6.09 – 6.34	-	8.00
Hong Leong Bank Berhad
	90	72 – 84	3.40 – 3.65	6.32 – 6.70	From 50	8.00
	90	96 – 108	3.50 – 3.75	6.39 – 6.76	from 50	8.00
	90	60	3.25 – 3.50	6.09 – 6.54	From RM50	8.00
Malayan Banking Berhad
	90	108	2.70 – 4.30	5.10	-	8.00
Public Bank Berhad
	90	108	3.37 to 4.06	6.23	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: 15/03/2010