myimpact Drive Financing-i

Tenure

Financing term: 9 years

At year 5 of your financing tenure, you will have the options to choose:

1. Upgrade: Get a new ride with Perodua.
2. Settle: Pay off the remaining balance and keep the car.
3. Continue: Pay the revised monthly payment for the remaining tenure.

Please note: These options are only available on year 5. They will no longer be available from year 6 onwards.

Facility

Murabahah Vehicle Term Financing-i (“MVTF-I”)

Eligibility

Open to all eligible individual customers with proof of fixed income source.

Items

myimpact Drive Financing-i

Standard

Hire Purchase Financing /

Al-Ijarah Thumma Al-Bai’ (“AITAB”)

Monthly Payments

Up to 16% lower monthly payment vs. standard car financing.

Fixed monthly payment for up to 9 years.

Financing Tenure

9 years, with the option to upgrade the car, settle or continue the financing at year 5.

Up to 9 years.

Flexible Ownership

1. Upgrade: Get a new ride with Perodua
2. Settle: Pay off the remaining balance and keep the car
3. Continue: Pay the revised monthly payment for the remaining tenure

Settle: Pay off the remaining balance and keep the car.

Depreciation Risk Over Tenure

Lower, secured residual value backed by Perodua.

Higher, no secured residual value.

Upgrade Assistance

Enjoy a seamless trade-in for a new Perodua with support from Maybank Islamic and Perodua.

Self-manage your next car upgrade.

Protection Package

Etiqa Credit Reducing Term Takaful (“CRTT”)

A Shariah-compliant plan that settles your financing in case of death or total permanent disability.

• Pre-determined payout in the event of Death or Total and Permanent Disability to cover the auto financing amount.
• Automatic acceptance for sum covered up to RM400,000; no medical examination required.
• One-time contribution of coverage for the entire financing tenure.

Perodua Total Protect Plus (“PTPP”) Flexi- Motor Takaful

A Shariah-compliant motor takaful plan that provides comprehensive protection for all Perodua vehicles and their owners. Mandatory in the first year of ownership.

• Covers loss or damage due to accidents, theft, fire and third-party liabilities.
• Up to 30% Etiqa Cashback by Drive Less Save More benefit by Etiqa Takaful General Berhad.
• Waiver of Compulsory Excess for unnamed drivers, Personal Accident coverage of RM10,000 for Death and Permanent Disablement.
• [Exclusive privilege] 
  In the event of a flood, enjoy total coverage of up to RM6,000—comprising RM5,000 for repairs and cleaning under Special Perils Limited Cover, plus a RM1,000 Flood Allowance—without impacting your No Claim Discount (NCD).

*Takaful contribution to be paid by customer.

Etiqa Takaful Auto Credit Plan

A Shariah-compliant plan that settles your financing in case of death or total permanent disability.

• Pre-determined payout in the event of Death or Total and Permanent Disability to cover the auto financing amount.
• Automatic acceptance for sum covered up to RM200,000; no medical examination required.
• One-time contribution of coverage for the entire financing tenure.