Car Loan Malaysia
Drive your dream car today with up to 100% financing and instant approval! Competitive rates from 2.5% p.a. for new cars.
Why Choose Our Car Loan?
Up to 100% Financing
Finance the full car price with no down payment required for qualified buyers
Instant Approval
Get approved within hours and drive your car home the same day
Competitive Rates
Interest rates starting from 2.5% p.a. for new cars
Flexible Tenure
Choose repayment period from 1 to 9 years to fit your budget
Full Insurance Coverage
Comprehensive insurance included with competitive premiums
Trade-in Assistance
Get the best value for your old car with our trade-in service
Loan Details & Terms
Loan Amount
RM 20,000 - RM 500,000
Interest Rate
2.8% - 5.5% per annum
Margin of Financing
Up to 100% (new cars), 90% (used cars)
Repayment Period
12 - 108 months (1 - 9 years)
Processing Time
Same day approval & disbursement possible
Early Settlement
Allowed with minimal penalty
Types of Vehicles We Finance
New Cars
Brand new vehicles from authorized dealers with full warranty
Used Cars
Pre-owned vehicles up to 10 years old in good condition
Reconditioned Cars
Imported reconditioned vehicles with inspection reports
Commercial Vehicles
Vans, trucks, and commercial vehicles for business use
Refinancing
Refinance your existing car loan for better rates or cash out
Electric Vehicles
Special financing for EVs and hybrid vehicles with green incentives
Simple 5-Step Process
Choose Your Car
Select your preferred vehicle from dealer or private seller
Submit Application
Complete online application with required documents
Get Approval
Receive loan approval within hours of submission
Sign Agreement
Review and sign loan agreement and insurance documents
Drive Away
Collect your car and start your journey!
Benefits of Car Ownership
Own Your Vehicle
Build ownership instead of paying for expensive ride-hailing services
Build Credit History
Regular payments improve your credit score for future loans
Tax Deductions
Business owners can claim tax deductions on commercial vehicle loans
Freedom & Convenience
Travel anytime, anywhere with your own reliable transportation
Eligibility Requirements
- Malaysian citizen or permanent resident
- Age between 21 to 65 years old
- Minimum monthly income of RM 2,500
- Valid driving license
- Employment for at least 6 months
- Good credit standing (CCRIS/CTOS)
Required Documents
- NRIC (front and back)
- Valid driving license
- Latest 3 months payslips
- Latest 6 months bank statements
- EPF statement (latest)
- Employment letter
- Car details (registration card/invoice)
- Utility bill (for address verification)