Hire Purchase Interest Rates

Shopping around for the right Hire Purchase financing (car loan) is important before making a decision as to which you should take on. Therefore the purpose of these comparative tables is to help you narrow down your options, determine what suits you, and compare products from different banking institutions before making that big decision.

Auto Financing	Interest / Profit Rate	Car Condition	Tenure Period
Affin Bank Conventional Hire Purchase	2.92% - 3% p.a.	New / Used	9 years
Maybank Hire Purchase	3.40% - 4.25% p.a.	New / Used	9 years
CIMB Hire Purchase-i	2.85% - 4.45% p.a.	New / Used	9 years
Public Bank Aitab Hire Purchase-i	3.31% - 4.10% p.a.	New / Used	7 - 9 years
Hong Leong Auto Loan	3.24% - 3.78% p.a.	New / Used	7 - 9 years
RHB Hire Purchase	3.18% p.a.	New	9 years
Al-Rajhi Automobile Financing-i	4.40% p.a.	New	9 years
AmBank Islamic Arif Hire Purchase-i	3.05% - 3.66% p.a.	New / Used	9 years
BSN Hire Purchase	2.55% p.a.	New	9 years
Bank Islam Vehicle Financing-i	3% - 3.60% p.a.	New	9 years
Bank Muamalat Vehicle Financing-i GradPack	3.10% p.a.	New	9 years
Bank Rakyat Vehicle Financing-i (An Naqlu 2)	3.30% - 3.50% p.a.	New / Used	5 - 9 years
KFH Automobile Ijarah-i	2.50% p.a.	New	9 years

The Hire Purchase Interest Rates are currently being updated. Please confirm the rates or charges with the respective banking institution.
 

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