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Vehicle financing under the Shariah principle of Al Ijarah Thumma Al-Bai, we offer an attractive margin of financing and competitive financing rates.
Features
- Financing period of up to 9 years for commercial or consumer vehicle
- Multiple payment channels via PBe, ATM and PIBB/PBB branches
Terms and conditions apply.
Requirements:
| No. | Type of Charges | Amount |
|---|---|---|
| 1 | Retrieval of documents: | |
| Within branch | RM10.00 | |
| From off-site storage | RM20.00 | |
| 2 | Transfer of facility from original account holding branch to another nominated branch | RM100.00 per transfer |
| 3 | Issuance of duplicate letter of Release of Ownership Claim | RM100.00 per copy |
| 4 | Issuance of Letter of Consent to JPJ on change of vehicle engine | RM50.00 per letter |
| 5 | Issuance of Letter to JPJ on issuance of duplicate vehicle registration card | RM50.00 per letter |
| 6 | Issuance of Letter to JPJ on interchange of registration number | RM50.00 per letter |
| 7 | Issuance of Letter of Consent to Custom and Excise Department | RM20.00 per letter |
| 8 | Photocopy of hire purchase agreement | RM10.00 per copy |
| For new vehicles / imported reconditioned vehicles: | ||
| 9 | Ownership, Registration and Handling Charges | RM50.00 |
| 10 | Transport charges: | |
| Stamping of Hire Purchase Agreement at stamp office | RM10.00 | |
| Courier services | RM10.00 | |
| 11 | Photostat charges | RM10.00 |
| Postage charges | RM10.00 | |
| Fax and telephone charges | RM15.00 | |
| 12 | e- Hakmilik transaction fees for: | |
| Registration of Ownership Claim | RM3.00 | |
| Change Request | RM3.00 | |
| For used vehicles: | ||
| 13 | Transport charges: | |
| Registration and transfer | RM10.00 | |
| Redemption / stamp office | RM10.00 | |
| Settlement with another Bank / finance company | RM15.00 | |
| Courier Service | RM10.00 | |
| 14 | Photostat charges | RM10.00 |
| Postage charges | RM10.00 | |
| Photograph cost (applicable for vehicle purchased from non-car dealer) | RM10.00 | |
| Fax and telephone charges | RM15.00 | |
| Settlement with another Bank / finance company | RM30.00 | |
| 15 | Transport charges for inspection of vehicle conducted away from branch | RM10.00 per inspection |
| 16 | Interbranch inspection of vehicle | RM50.00 per inspection |
| 17 | e-Hakmilik transaction fees for: | |
| Registration of Ownership Claim | RM3.00 | |
| Change Request | RM3.00 | |
