Muamalat Structured Vehicle Financing-i
Bank Muamalat Malaysia recognizes the services of Malaysia’s armed forces and retiring government servants. In honor of your dedication and contributions to the nation, the Structured Vehicle Financing package is designed just for you, with your benefit in mind. Enjoy the privileges of 100% margin of financing, low requirement for minimum monthly income and our flat rates. It’s time you drive the car you deserve.
Package
Structured Vehicle Financing Package for Army, Government servants and Pensioners
Shariah Concept
- Al-Ijarah Thumma Al-Bai’
- Murabahah to the purchase orderer
Eligibility of Customer
- Minimum Monthly Gross Income: RM1,800
- Age of entry: Minimum of 18 years old and maximum of 70 years old (must not exceed age 75 years old upon maturity)
- Nationality: Open to Malaysians
Margin of Financing
Up to 100%
Types of Car
New, Used and Unregistered Reconditioned car, Pre-owned
Financing Tenure
Up to 9 years
Profit Rate
Flat Rate
Minimum Documents Required
- Photocopy of MyKad (front and back)
- Photocopy of Driving License (front and back)
- Latest 3 month’s salary slip
- Latest 3 month’s bank statement
*Note: BMMB reserves the rights to request for additional documents
Mandatory Requirements
Salary Transfer to BMMB
