CIMB Bank Low Initial

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CIMB Bank offers 'Low Initial' allow you to enjoy low repayment during the 1st 3 years by servicing interest only. Full instalment will starts only in Year 4. This allow you to pay less at the beginning of the financing tenure.

FEATURES

• For completed landed residential property only.

• Minimum loan amount is RM15,000.

• Margin of financing (MOF) up to 90% + 5%.

• Enjoy loan tenure up to 40 years, or 70 years of age, whichever is earlier.

• No processing fees.

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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