Hire Purchase for Used Reconditioned Passenger Vehicle – Fixed Rate Term Financing

Remember our yesterday comparison table regarding to “Hire Purchase for Reconditioned Passenger Vehicle – Fixed Rate Term Financing” ?

Today we will show you another comparison table for Used Reconditioned Passenger Vehicle. And here there are :

Banking InstitutionMargin of Financing
(max, %)
Financing Tenure
(max, months)
Fixed Rate Term Charges (& p.a.)Admin Charges(RM)Late Payment Charges (% p.a.)
Minimum Rate/RangeAPR for Minimum Rate
Affin Bank Berhad
Details901084.007.178.00
Details90603.756.858.00
Details90843.907.138.00
Alliance Bank Malaysia Berhad
Details90844.25 – 4.407.58 – 8.23From 508.00
Details85604.508.29From 508.00
AmBank (M) Berhad
Details90844.708.008.00
Details9096 – 1084.908.258.00
Details9096 – 1085.108.508.00
Details90844.858.258.00
CIMB Bank Berhad
Details901083.255.928.00
Details90844.428.018.00
EON Bank Berhad
Details85844.25 to 4.507.72 to 8.148.00
Malayan Banking Berhad
Details85844.508.148.00
Details901084.257.728.00
Details85964.257.728.00
Details85724.758.558.00
Details70607.2512.568.00
Public Bank Berhad
Details901084.00 to 4.257.30 to 7.65From 558.00
Details80485.65 to 5.7810.50From 558.00
Details90844.00 to 4.157.30 to 7.62From 558.00
Details85724.00 to 4.157.30 to 7.62From 558.00

Note : Minimum Rate / Range
Interest rate charged by banking institutions to borrowers considered most creditworthy. Minimum rate / range is in percentage (%).

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