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CIMB Auto Finance

Malaysians are always auto fetish. The automobile industry in Malaysia is also expanding day by day as new types of automobiles with unique models are entering the market every now and then. CIMB Auto Finance solutions are the most preferred as the borrower’s are provided with loans having flexible repayment options that suit their financial capability. The bank is also well known for the range of auto refinance loans it has offered to a large number of car owners. The extensive network of CIMB branches, cash deposit machines, online payment facility and many other services makes auto Finance a convenient and hassle-free process.

Following are the types of CIMB Auto Finance options avalaible.

Hire Purchase: By choosing this plan, customers can take an auto loan for 9 years for purchasing a new or a second hand vehicle. Individuals aged 18 years or above, and from sole proprietorship or partnerships, public or private companies are all eligible for this loan. The main benefit of this plan is that the customer can finance up to 90% and can repay the loan up to 9 years. They can also make payment through online banking, at any CIMB Bank branch, ATM and Cash Deposit Machine (CDM) or set up automatic payments via standing instruction. Not only this, the borrowers also get a takaful motor insurance under this plan. In addition they can also opt for the CIMB Prime Plan to earn bonus points and increase the car Finance up to 20% after every 3 years.

Hire Purchase-i: This type of plan is designed according to the Shahriah principles. Fast approval and a hassle free application process makes this plan more attractive. Customers can purchase their dream vehicle including new and used cars like 4WD, MPV and SUV (CDU & CKD).

CIMB Auto Finance Application

The application process is very easy. Customers can visit the Bank’s website and fill the application form online by providing the relevant details. They can also download the form and fill it. For more information on the application process, customers can visit the nearest CIMB Bank branch. To apply for the loan, some documents need to be submitted. These are listed below:



Salaried ApplicantSelf-EmployedCompany
Latest form B / EA or EPF statementPhotocopy of NRIC & valid driving licenseLatest 6 months company bank account statements
Photocopy of NRIC & valid driving licenseLatest form B / EA or EPF statementForm 9, 24, 49 for private limited company (Sdn Bhd)
Latest 3 months pay-slipsBusiness Registration Certificate for sole Proprietor / PartnershipLatest audited account
Latest 3 months Savings / Current account statementsLatest 6 months bank statement accountMemorandum & Article of Association

CIMB Auto Finance Rates

There are two types of rates that are applicable for auto Finance - New Car Finance rates and Used Car Finance rates. The following table will help the borrower to determine what rates would be applicable for them.

New Vehicles - Registered for Private Use
Type of VehiclesFixed Rate (p.a. flat)
Proton & Perodua3.10% to 3.60%
Passenger Vehicles2.60% to 2.70%
Unregistered Reconditioned2.65% to 2.80%
New Commercial Vehicles
BTM up to 5,000 Kg3.25% to 3.60%
BTM more than 5,000 Kg4.20% to 4.60%
Used Vehicles – Registered for Private Use
National & Non-National3.60% to 4.10%
Used Commercial Vehicles
BTM up to 5,000 Kg5.00% to 6.00%
BTM more than 5,000 Kg7.50% to 7.80%

CIMB Auto Finance Affordability Calculator and Auto Finance Monthly Installment Calculator enables the customer to calculate the amount the customer can afford and the amount of installment respectively after entering relevant details like loan amount, rate of interest etc.

CIMB Auto Finance Centre

It is a customized auto repayment Schedule that enables the customers to reschedule their auto loan in accordance with their current financial situation. Following are the names of some of the CIMB auto finance centers along with their address and contact numbers where the customer can repay their loan amount. Customers can auction their cars, van, 4/4 commercial vehicles by visiting the CIMB Auto Finance website. The auction is held at many places including Alor Setar.

StateAddressContact Number
JohorNo. 61-61C, 2nd Floor, Jalan Ibrahim, 80000 Johor Bahru.Tel: 07-2241 988
Fax: 07-2271 949
1st Floor, Kompleks Penggaram, No. 1, Jalan Abdul Rahman, 83000 Batu Pahat.Tel: 07-4343 860
Fax: 07-4314 670
SarawakNo. 282, 2nd Floor, Jalan Rubber, 93400 KuchingTel: 082-253440
Fax: 082-418715
Negeri Sembilan1A, 3rd Floor, Wisma Dewan Perniagaan Melayu, Negeri Sembilan,
Jalan Dato’ Bandar Tunggal, 70000 Seremban.
Tel: 06-7633 620
Fax: 06-7632 781
Wilayah Persekutuan
(Credit Control Depatment)
R&R Unit, Level 12, Wisma Nusantara, Jalan Punchak, Off Jalan P. Ramlee, 50250 Kuala Lumpur.Tel: 03-2058 1317
Fax: 03-2055 2192
Wilayah Persekutuan & Selangor64, 1st Floor, Wisma Jayanita, Jalan Raja Muda Abdul Aziz, Kampung Baru, 50300 Kuala LumpurTel: 03-2691 5709
Fax: 03-2691 5732
Level 6, Bangunan UMNO, Lot P5.5, Persiaran Perbadanan Section 14, 40000 Shah AlamTel: 03-5511 2487
Fax: 03-5511 2451
No. 22-24, 1st Floor, Jalan 14/14, Section 14, 46300 Petaling JayaTel: 03-7843 1488
Fax: 03-7843 1457
PerakNo. 54-56, 1st Floor, Persiaran Greentown 1, Greentown Business Center, 30450 Ipoh.Tel: 05-2533 509
Fax: 05-2439 690

CIMB Auto Finance Contact Number

Customers can also dial the number 1 300 880 900 in order to know about the nearest auto finance branch. In addition to this, customers can also dial the hotline number 603 2295 6688 for further assistance. They can also send an email to the customer service department at callcentre@cimb.com. If still the query or complaint is not solved customers can write to the below mentioned address:

19th Floor, Menara Bumiputra-Commerce
Jalan Raja Laut
50350 Kuala Lumpur
Malaysia



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