CIMB Bank Hire Purchase

Buying a motor vehicle under hire purchase (HP) is one of the most common ways to own a vehicle in Malaysia. HP is the hiring of goods with the option to buy the goods at the end of the hire purchase term. If you take on HP financing, you are the hirer and financier is the owner.

As a hirer, you will have to repay the financier based on the agreed duration while you have possession of the vehicle. When all the instalments are paid up, ownership is then transferred to you.

In Malaysia, only local banks are allow to provide personal hire purchase (car loan) businesses. CIMB Bank is one of local bank that offer competitive hire purchase packages in market.

CIMB Bank Berhad HQ Contact Information
13th Floor, Menara CIMB Jalan Stesen Sentral 2 Kuala Lumpur Sentral 50740 Kuala Lumpur Malaysia Tel : +603 2693 1722 / 2698 Fax: +603 2698 6628 24 hours Call Center : +603 6204 7788 / 1300 885 300 (Local) SWIFT Code: CIBBMYKL Website: www.cimbbank.com.my Email: callcentre@cimb.com

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