Overseas Mortgage Loans

1

 Processing Fee of RM200

A Non refundable payment upon first disbursement of the Facility

Handling/Cancellation Fess of RM300 (or such other amount as the Bank may at its sole and absolute discretion prescribe in writing from time to time) when borrower want to amend or cancel the loan application after acceptance 

Redraw fee of RM25.00** via OTC/Branch/Contact Centre and RM 10.00** via CIMB Clicks

 **per transaction regardless of the amount withdrawn

OD-Option to Lock in

(if applicable)

For period up to 1 year

Front page - RM 10.00 

Additional page - RM 2.00 

For period exceeding 1 year

Front page - RM  30.00 

Additional page - RM 2.00 

As per Stamp Duty Act 1949 (Revised 1989)

i) Letter Offer: RM10.00

ii) Principal Document:  RM5.00 for every RM1,000.00

iii) Security Document: RM10.00

iv) Standing Instruction: RM10.00

and

Stamp Duty Land Tax (SDLT) in England or transfer duty and mortgage duty in Australia.

If there is an Early Settlement of the Facility during the lock-in period of three (3) years from the date of first disbursement of the Facility ("Lock-In Period") and your Facility account(s) is/are closed as a result, an early settlement charge based on the below applicable calculation will be charged from date of first disbursement of the Facility.

Early settlement charge = [(Board Rate - Prevailing Interest Rate) x amount prepaid for settlement of the Facility x number of calendar days from the date the Facility is first disbursed till the date of full settlement (both dates inclusive) / 365] + all charges and costs including but not limited to legal and valuation costs paid by the Bank which are peculiar to the Facility package extended to you (where applicable) + RM500 (the processing cost arising directly from the redemption effected within the Lock-In-Period).

For this purpose, "Board Rate" means the Bank's board/published interest rate at the point of issuance of a redemption statement for the Facility.

Late Payment

(applicable for Home Loan/Home Flexi Smart)

If any Monthly Instalment is not paid in full when due, additional interest of 1% p.a. will be charged on the overdue amount.

The additional interest will be computed on a daily basis and charged to your Facility account(s) monthly. 

Interest Rate on Excess

(applicable for OD-Option to Lock in)

If the amounts drawn under OD Facility exceed the Facility Amount limit or Schedule Balance, interest of SBR + 7.35% p.a. will be charged on the excess amount. 

This interest on excess amount is computed on a daily balance basis and will be charged to your Facility account(s) monthly.