Whether you're a fresh graduate who wants a new car to go with the new job, a government personnel or teacher who wants a new ride, it's never been easier to own a new car. Our My First Car Plan is specially designed for you, making it flexible and affordable, with repayments starting as low as RM268 per month.


  • Flexible and affordable repayment
  • Hassle free with fast processing and approval
  • Convenient loan payments via Maybank2u.com and over 400 Maybank branches nationwide
  • Choice of dealers located nationwide

Who is eligible?

*Graduate with jobs

  • Degree Holder
  • Employed for at least 1 month with a minimum salary of RM2,500
  • Age between 21 - 30 years old
  • For those with less than 6 months of employment, either parents or siblings may serve as guarantor provided they meet the income requirement with good CCRIS record


  • Pursuing a degree in a recognised institution of higher learning
  • Age between 18 - 30 years old
  • Either parents or siblings may serve as guarantor provided they meet the income requirement with good CCRIS record

*Preferred profession under this scheme

  • Government Officer
  • Teacher
  • Nurse
  • Professional e.g. Accountant, Engineer, Auditor, Lawyer, Architect, Doctor, etc 

*All terms and conditions are subject to credit guidelines of Maybank.

HP Repayments

Easy Road to your Repayment

Zoom through our fast and convenient banking channels for high speed servicing of your monthly repayments:

Pay via M2U

  • Go to "M2U"
  • Select "Account & Banking"
  • Select "Bill Payment"
  • Select "Make a one-off payment"
  • Select from List "Maybank Loan & Hire Purchase"
  • Select from List "Maybank Hire Purchase"
  • Account Details displayed, continue
  • Key in "Bill Acc.No. or Vehicle No." (no space)
  • Key in "Amount, Account you wish to make payment from and Effective Payment Date"
  • Request for :
    • "Secure Verification", You will receive a notification on your phone to authorize this transaction on the new Maybank app; or
    • "Secure TAC", Enter the 6 digit TAC number generated from your new Maybank app; or
    • "SMS TAC", Receive the 6 digit TAC via SMS to authorize the transaction
  • "Transaction Successful"

*Click 'Add as Favourite Payee' link to register your bill as a favourite

Perform Payment via ATM/CDM Machine


  • Select "Other Transaction"
  • Select "Payment"
  • Select "Express Payment"
  • Select "Loan/Financing"
  • Select "Vehicle Loan/Hire Purchase"
  • Enter "Acc.No. or Vehicle no."
  • Enter "Amount"
  • Select the "Account" you wish to make payment from
  • "Confirmation" screen displayed
  • Transaction completed"


  • Select "CDM"
  • Select "Cash Payment"
  • Select "Maybank Cash Payment"
  • Select "Loan/Financing"
  • Select "Vehicle Loan/Hire Purchase"
  • Enter "Acc.No.or Vehicle No."
  • "Insert Cash"
  • "Confirmation" screen display
  • "Transaction completed"

Apply for Standing Instruction

  • Complete the "Standing Instruction Form"
  • "Submit" to your "Auto Finance Centre"
  • Payment will be automatically debited from your account on a fixed schedule every month

Alternatively, you may walk in to any of our branches to make payment.

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.

Find out more today at your nearest Maybank Auto Financing Centre or your car dealer.


Please fill in the following details and we will be in touch to assist you with your application.
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We have received your information.
Our financial experts will contact you within 2 working days or at the time you've requested.