CIMB Bank Home Loan

CIMB Bank Home Loan
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Home Loan offers by CIMB Bank is a traditional term loan that lets you opt for either a variable or fixed rate; single tier or multi-tier rates.

Overview

• For buyers who prefer low initial repayments, or the pay half feature which lets you pay 50% of the principal during the tenure and the remaining at the end of the tenure.
• Property investors can also benefit from an investment package with no lock-in period.
• For CIMB Prime Plan customer, enjoy the following benefits:
• Earn 0.1 Bonus Point for every RM1 financing
• Re-pricing option every 3 years or lapse of lock-in period, whichever is later at prevailing board rate
• Preferential rates
• Opt to select HomeLoan Fixed Rate for 1st 3 or 5 years
• Opt to select Capped Rate Loan for 1st 3 or 5 years.

Features and Benefits

• Minimum loan amount is RM15,000.
• Margin of financing (MOF) up to 90% + 5%.
• GMTA can be financed.
• Enjoy loan tenure up to 35 years, or 70 years of age, whichever is earlier.
• No processing fees.
• Option of term loan and overdraft.
• Customer with OD facility only required to service interest.
• Prevailing Interest Rate and Default Clause.

For CIMB Prime Plan customer, enjoy the following benefits:

• Earn 0.1 Bonus Point for every RM1 financing
• Re-pricing option every 3 years or lapse of lock-in period, whichever is later at prevailing board rate
• Preferential rates

Type of Property

• All types of residential property

Margin of Financing

• 90%+5% [80%+5% for Pay Half Package]

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.



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