One thing when you want to find a car loan, you have to go through one by one in order to find the right one.
Al-Ijarah Thumma Al-Bai (AITAB)
There are several banks that offer this package namely Malaysia Industrial Development Finance Berhad, Affin Bank and Maybank.
Maybank Islamic Mikro
For those who self-employed, you should take a look into Maybank Islamic Mikro. I mean the financing amount is from RM3,000 to RM50,000 max. It has installment period of up to 5 years.
What Government Can Really Do To Help Malays
If the government remove special benefits of the Malays, will you survive?
Seriously, what would you do?
Continue reading “What Government Can Really Do To Help Malays”
Maybank My First Car Plan
If you are a fresh graduate, I think you would want this.
this scheme features
Maybank Trade Up Mortgage Loan
Maybank probably is the only bank to offer this. Trade up mortgage loan.
Most people have their dream home in their minds, and might even have come across it, but cannot afford it until they have sold off their current property.
Malaysia Fixed Deposit Rates
Let’s take a look at all the fixed deposits that are available in Malaysia.
| Bank | Product Name | Interest Rate | Term |
|---|---|---|---|
| Bank Rakyat | Bank Rakyat 5 Year Term Deposit | 4.30 | 5 years |
| Bank Rakyat | Bank Rakyat 2 Year Term Deposit | 3.85 | 2 years |
| Bank Muamalat | Bank Muamalat Malaysia 5 Year Fixed Term Deposit | 3.80 | 5 years |
| Affin Bank | Affin Bank Berhad 1 Year Fixed Term Deposit | 3.75 | 1 year |
| Bank Rakyat | Bank Rakyat 1 Year Term Deposit | 3.70 | 1 year |
| Bank Simpanan | Bank Simpanan Nasional 1 Year Term Deposit | 3.50 | 1 year |
| Bank Simpanan | Bank Simpanan Nasional 5 Year Term Deposit | 3.50 | 5 years |
| Bank Simpanan | Bank Simpanan Nasional 2 Year Term Deposit | 3.50 | 2 years |
| Bank Simpanan | Bank Simpanan Nasional 2 Year Term Deposit | 3.50 | 2 years |
| Bank Rakyat | Bank Rakyat 6 Month Term Deposit | 3.50 | 6 months |
| Bank Islam | Bank Islam 5 Year Fixed Term Deposit | 3.45 | 5 years |
| Bank Islam | Bank Islam 2 Year Fixed Term Deposit | 3.45 | 2 years |
| Maybank | Maybank 5 Year Fixed Deposit | 3.40 | 5 years |
| AmBank | AmBank 5 Year Fixed Deposit | 3.40 | 5 years |
| Bank Muamalat | Bank Muamalat Malaysia 2 Year Fixed Term Deposit | 3.40 | 2 years |
| CIMB | CIMB Bank 5 Year Fixed Deposit | 3.40 | 5 years |
| CIMB Islamic | CIMB Islamic Malaysia 5 Year Islamic Fixed Deposit | 3.40 | 5 years |
| Bank Rakyat | Bank Rakyat 3 Month Term Deposit | 3.38 | 3 months |
| Bank Muamalat | Bank Muamalat Malaysia 1 Year Fixed Term Deposit | 3.35 | 1 year |
| Bank Islam | Bank Islam 1 Year Fixed Term Deposit | 3.35 | 1 year |
| Bank Rakyat | Bank Rakyat 1 Month Term Deposit | 3.30 | 1 month |
| Bank Muamalat | Bank Muamalat Malaysia 6 Month Fixed Term Deposit | 3.25 | 6 months |
| RHB | RHB 1 Year Fixed Deposit | 3.15 | 1 year |
| Affin Bank | Affin Bank Berhad 6 Month Fixed Term Deposit | 3.15 | 6 months |
| AmBank | AmBank 1 Year Fixed Deposit | 3.15 | 1 year |
| Bank Islam | Bank Islam 6 Month Fixed Term Deposit | 3.15 | 6 months |
| Bank Muamalat | Bank Muamalat Malaysia 3 Month Fixed Term Deposit | 3.15 | 3 months |
| Bank Simpanan Nasional | Bank Simpanan Nasional 6 Month Term Deposit | 3.15 | 6 months |
| Maybank | Maybank 1 Year Fixed Deposit | 3.10 | 1 year |
| RHB | RHB 6 Month Fixed Deposit | 3.10 | 6 months |
| Public Islamic | Public Islamic Bank 1 Year Fixed Term Deposit | 3.10 | 1 year |
Property Financing-i (Tawarruq) – Baiti Home Financing Review
Let’s take a look at Bank Islam’s property loan which is Property Financing-i (Tawarruq).
It has financing of up to 90%
Continue reading “Property Financing-i (Tawarruq) – Baiti Home Financing Review”
BSN MyAuto-i
So basically you’ll have a competitive profit rate with BSN MyAuto-i.
You can pay through any BSN branches nationwide with margin of financing of RM25k to 90% of the selling price.
Complete List of Car Loans in Malaysia
this is where I list all car loans in Malaysia
| Loan Name | Interest Rate (% Per Annum) |
|---|---|
| BSN MyAuto-i | 2.55 |
| KFH Automobile Ijarah-i | 2.75 |
| BSN Hire Purchase | 2.8 |
| BSN Hire Purchase-i | 2.8 |
| Affin Bank Conventional Hire Purchase | 2.92 |
| Affin Islamic Hire Purchase-i | 2.92 |
| Bank Islam GradHitz Vehicle Financing-i | 3 |
| AmBank AmAUTOMate | 3.05 |
| AmBank Islamic Arif Hire Purchase-i | 3.05 |
| Hong Leong Mach Cruise Control Car Loan | 3.1 |
| RHB Hire Purchase | 3.18 |
| RHB Vehicle Financing-i | 3.18 |
| Hong Leong Auto Loan | 3.24 |
| Hong Leong Islamic Auto Financing-i | 3.24 |
| Bank Islam Vehicle Financing-i | 3.25 |
| CIMB Hire Purchase | 3.25 |
| CIMB Hire Purchase-i | 3.25 |
| Alliance Hire Purchase | 3.28 |
| Alliance Islamic Hire Purchase-i | 3.28 |
| Public Bank Aitab Hire Purchase-i | 3.31 |
| Maybank Al-Ijarah Thumma Al-Bai | 3.4 |
| Maybank Hire Purchase | 3.4 |
| Maybank My First Car Loan | 3.4 |
| Bank Muamalat Hire Purchase-i | 4 |
| Al-Rajhi Automobile Financing-i | 4.4 |
| Bank Rakyat Superbikes Financing-i | 5 |
| Al Rajhi Superbike Financing-i | 6 |