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CIMB Self Assist Videos

Benefits & Privileges

Acceptable Collaterals Flexible Financing
Acceptable Collaterals
Flexible Financing

Eligibility

  • CIMB Preferred Customer
  • Individuals aged 21 to 70 years old
  • Malaysian or residents with PR status residing in Malaysia
  • Owner of the collateral (free from any encumbrance)
  • Minimum collateral of RM10,000
  • Secured Overdraft Facility Against Multiple Collateral - Wealth
  • Financing limit dependent on collateral pledged

Interest Rates

Interest is calculated daily based on Facility outstanding balance.

Facility

Overdraft Type

Interest Rates

CIMB Secured Overdraft - Wealth Financing

Secured Overdraft Facility Against Multiple Collateral - Wealth Financing

 

SBR + 1.25%

 

Fees and Charges

Products/Item

Charges

Stamp Duty

As per Stamp Act 1949 (revised 1989)

Excess Interest

SBR + 7.35% or minimum of RM5.00 will be charged on any amount in excess of your Facility Limit

Commitment Fee

Waived

Document Requirement

Applicants are required to submit these compulsory documents:

  • Photocopy of NRIC
  • Collateral Documents (based on collateral to be pledged)
  • Income document:

Salary Earners

Commission Earner

Self Employed

Multi National Company / Public Listed Company / Government Linked

Company

  • Latest 1 month payslip OR
  • Latest 3 months payslip (variable income) OR
  • Latest EPF statement (minimum 6 months EPF record)

Others

  • Latest 3 months payment voucher Latest 3 months payslip AND latest 3 months salary crediting bank statement OR
  • Latest EPF statement (minimum 6 months EPF record)
  • Latest 6 months commission statement AND Commission crediting bank statement OR
  • Latest Form B and LHDN payment receipt
  • Latest 6 months company bank statement AND Business registration document OR
  • Latest Form B and LHDN payment receipt OR
  • Latest e-Form B and e-filing acknowledgement receipt

Product Disclosure Sheet

Secured Overdraft Facility

Remarks

Subject to eligibility and acceptable collaterals.

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