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CIMB Bank Low Initial
 

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


For further information, please call CIMB Bank Call Centre at 1300 880 900 (+603 2295 6100 if from overseas), or visit the nearest CIMB Bank branch today.
 

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