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| Personal : Loans > Automobile
Financing |
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Let Maybank take you
one step closer to your dream car. You’ll enjoy great
savings with our attractive interest rates, starting from
as low as 3.25% p.a.
Eligibility
To qualify for automobile financing,
you must be: |
- At
least 21 years of age
- Singapore
Citizen or Singapore Permanent Resident. Foreigners with Employment
Pass must appoint a local guarantor
- Earning
a minimum monthly income of at least 3 times your monthly
instalment
Benefits |
- Financing of up to 90% of the purchase or valuation price,
whichever is lower
- Financing for up to 10 years*
- Attractive interest
rates (flat
rate scheme)
- Fixed monthly instalments throughout your repayment period
- GIRO payments available for your convenience
To apply, call us now OR download the application
form and fax the completed form to 6293 5986
/ 6294 9040 with the following documents : |
- Sales / Purchase order
- Photocopy of your NRIC/Passport
- One of the following income documents: Latest computerised
payslip, CPF Contribution History Statement or Tax Assessment
Form.
- For used cars, Vehicle Logcard and COE document (where applicable).
- Your contact number(s).
Questions? Our FAQ may help.
| * |
For used cars,
the following shall apply:
| Age of Car |
Margin of
Financing |
Tenure |
| Less than 10
years old |
Up to 90% |
Age of car + tenure must not exceed 10 years |
More than 10
years old
(not exceeding 20 years old)
|
Up to 70% |
| i. |
Maximum
of 7 years for revalidated COE of 10 years
}
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| ii. |
Maximum
of 4 years for revalidated COE of 5 years
}
Tenure must not exceed maturity period of
COE |
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