Maybank2u.com - Hire Purchase

Benefits

Easy payment of your instalment via Maybank branches, ATMs, online via Maybank2u.com and Maybank e-Kawanku
Fast processing and approval
Attractive and competitive term charges
Renewal of road tax and motor insurance

Types of goods financed

New motor vehicles
Secondhand motor vehicles
Reconditioned motor vehicles

Who can apply

Individuals aged 18 years old and above
Sole proprietorships
Partnerships
Private Limited & Public Limited Companies

Terms of financing

Type of vehicle	Margin of finance	Repayment period
New passenger car, 4WD, MPV and SUV (CBU and CKD units)	Maximum of 90% of seller's invoice	Maximum 108 months
Secondhand passenger car, 4WD, MPV and SUV	Maximum of 85% of seller's invoice	Maximum 108 months
Unregistered reconditioned (imported) vehicle	Maximum of 90% of seller's invoice	Maximum 108 months
*All terms and conditions are subject to the financing guidelines by Bank Negara Malaysia and Maybank

Fees & charges

List of hire purchase fees for purchase of new and reconditioned vehicles, used vehicles and after sales support services.

Click here for Hire Purchase Product Disclosure Sheet (Conventional).

Click here for Hire Purchase Product Disclosure Sheet (Islamic).

Required documents

Applicant	New Vehicle / Unregistered reconditioned	Used Vehicle
Individual (Fixed Income Earner) - Purchased of passenger vehicle - Purchase of other than passenger vehicle	NRIC Driving License (applicant only) Passport and employment / Contract Letter for foreigner Latest 2 months' Salary Slips /vouchers and Latest EA or EPF Statement or Employment Confirmation or 3 months Bank / Passbook Statement or ASB/ASN. Spouse details (NRIC and latest 2 months' proof of income if to support household income) * Local guarantor is compulsory for foreigner and guarantor need to submit documents as per item 1, 4 and 5.	NRIC Driving License (applicant only) Passport and employment / Contract Letter for foreigner Latest 2 months' Salary Slips /vouchers and Latest EA or EPF Statement or Employment Confirmation or 3 months Bank / Passbook Statement or ASB/ASN. Spouse details (NRIC and latest 2 months' proof of income if to support household income) *NRIC & driving license of seller if the seller is an individual* *Registration Card* *Performa invoice or invoice* * Local guarantor is compulsory for foreigner and guarantor need to submit documents as per item 1, 4 and 5.
Sole Proprietorship / Partnership / Self Employed - Purchased of passenger vehicle - Purchase of other than passenger vehicle	NRIC Driving License (applicant only) Certificate of Business Registration (Form A or Form B plus Form D) Relevant document as proof of income of business Trading and Profit Account and Balance Sheet of the firm (except for self employed) Latest 6 months Bank Statement (Sole Proprietor & Self Employed) Latest 3 months Bank Statement (Partnership)	NRIC Driving License (applicant only) Certificate of Business Registration (Form A or Form B plus Form D) Relevant document as proof of income of business Trading and Profit Account and Balance Sheet of the firm (except for self employed) Latest 6 months Bank Statement (Sole Proprietor & Self Employed) Latest 3 months Bank Statement (Partnership) *Registration Card* *Performa invoice or invoice* *NRIC & driving license of seller if the seller is an individual*

Applicant	New Vehicle / Unregistered reconditioned	Used Vehicle
Private Limited Company - Purchased of passenger vehicle - Purchase of other than passenger vehicle	Form 9,13, 24 & 49 Latest Company's Directors and Management profile Latest 3 months' Bank Statement Guarantor(s) NRIC (if applicable)	Form 9,13, 24 & 49 Latest Company's Directors and Management profile Latest 3 months' Bank Statement Guarantor(s) NRIC (if applicable) *Registration Card* *Performa invoice or invoice*
Public Listed Company - Purchased of passenger vehicle - Purchase of other than passenger vehicle	Latest Form 49 Latest Audited Annual Financial Statement (except for Direct Hire Purchase facilities)	Latest Form 49 Latest Audited Annual Financial Statement (except for Direct Hire Purchase facilities) *Registration Card* *Performa invoice or invoice*

Customer may provide other evidence of income such as rental, investment etc as to strengthen the application

HP Repayments

Payments via M2U for Hire Purchase or AITAB - ie.car loan/financing must be in complete instalment amount. Please add payments for any other charges eg. overdue interest or compensation fees with your instalment payment. Partial payments or incomplete instalment payment will not be accepted.

Application

Click here to Apply now via our online Application form

For Application Enquiries: 03-2297 2509/2549/2543
For Product Enquiries: kindly contact nearest Auto Finance Centre
Fax : 03 - 2283 2019

HP Loan Enquiry via Maybank2u.com

Hire Purchase Loan Enquiry is available through Maybank2u.com from 4.30am - 12.30am

Next steps

Apply now

Click here to Apply now via our online Application form

Call us

Got a question? Call our Customer Care hotline at
1300 88 6688, any time,
any day

Locate us

Find your nearest Maybank Auto Finance Centre

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