CIMB Bank Capped Rate Loan

HomeLoan or BizLoan package offered by CIMB Bank allows you to cap the BLR
for either first 3 or 5 years of the loan tenure. Customers can apply every 3 or
5 years until end of loan tenure subject to approval.
FEATURES
• Cost savings if interest rates increased.
• Attractive floating rates with a CAP.
• Applicable for completed residential, commercial and industrial properties.
• Margin of finance (MOF) up to 90% + 5%
• Enjoy tenure up to 40 years, or 70 years of age, whichever is earlier.
• No processing fee
• Home loan statement: Yearly
• Prevailing Interest Rate and Default Clause.
TERMS & CONDITIONS
• Term Loan only (not applicable for Flexi)
• No prepayment allowed during the 3 or 5 years capped period
• Min loan amount is RM150,000
ELIGIBILITY
• Individuals aged 18 years and above.
• Malaysian or permanent resident.
REQUIREMENTS
Salaried Applicant:
• NRIC photocopy.
• Latest 3 months' salary slip.
• EA form / EPF statement (last 2 years).
• Sales & Purchase Agreement / Booking receipt from developer.
Self-Employed:
• NRIC photocopy.
• Latest 3 months' salary slip.
• EA form / EPF statement (last 2 years).
• Sales & Purchase Agreement / Booking receipt from developer.
• Business registration A&D
• Last 3 months bank statement
NOTE: Please be advised that the product mentioned above may change from
time to time, as the market and industry evolve.
To find out more about CIMB Bank Home Loan, please
contact the Consumer Contact Centre at +603 6204 7788 or visit the nearest
CIMB Bank branch.
undo CIMB Bank