Muamalat Vehicle Financing-i GradPack

Based on Bai' Bithaman Ajil - a contract of normal sale with the

payment of the selling price deferred, to an agreed later date.

Customer Eligibility
Minimum basic salary of RM1,500.00 per month
A minimum age of 20 years old and a maximum of 30 years old during
application
Minimum qualification of diploma level from institutions recognized by
Malaysia Qualification Agency (MQA) / Department of Higher Education,
Ministry of Higher Education Malaysia
Application made within 3 years from the date of graduation
Confirmed staff (except for goverment staff and management trainees of
private sector.)

Documents Required
Photocopy of NIRC
Photocopy of driving license
Photocopy of 3 months latest salary slip (or employment's offer letter, if newly
employed) for goverment staff or management trainees of private sector.
Photocopy of diploma/degree/transcript
Vehicle sales order
Application form duly completed

Profit Rate
According to Bank's prevailing profit rate.

Financing Tenure
Minimum 4 years and up to 9 years

Mode of Payment
Normal monthly installment payment through counter

Financing Amount
Minimum amount RM20,000.00

Advance Payment
Compulsory, of which equivalent to 1 - 2 months installment prior disbursement

Model of Vehicles
National cars
Non-national cars-Toyota Vios, Honda City, Suzuki Swift, Ford Fiesta, Nissan
Grand Livina and Nissan Latio