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Progressive Finance For Happy Motoring
Hire Purchase-i (Auto Aitab), a facility for motor vehicle financing based on Syariah principles under the Al-Ijarah Thumma Al-Bai’ contract. The scheme allows you to own a motor vehicle with fixed charges on your financing.
Features
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Low fixed rate offered in the market. |
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Free from ‘riba’ element. |
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Fast approval* |
* subject to complete documents and no adverse credit records.
Benefits
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Types of Vehicles
New Cars, Vans, 4WD and MPV.
Used vehicle must be not more than 10 years old. |
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Repayment Period
As the financing scheme based is on Syariah Principles, your monthly instalment is fixed. You will only pay the same amount of repayment every month until the end of the repayment period. |
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Financing Amount
Financing is up to 90% (new vehicles) and 85% (used vehicles). |
How to Apply
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Photocopy of NRIC |
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Payslips for the last 3 months and/or bank statement if you are self-employed. |
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EA/J Form |
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Employment Letter |
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Other relevant documents |
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