| No |
Products / Items |
Fees and Charges |
|---|
| 1 |
HomeLoan / BizLoan / Vacant Land Financing |
Processing Fee: Not applicable |
| 2 |
HomeFlexi / BizFlexi |
Processing Fee (Set Up Fee) of RM200.00
Monthly service charge of RM10.00
*Monthly flexi charge of RM40.00
|
| 3 |
Flexi Vacant Land Financing |
Monthly service charge of RM10.00
*Monthly flexi charge of RM40.00
|
| 4 |
HomeFlexi Smart/ BizFlexi Smart |
Processing Fee of RM200.00 |
| 5 |
HomeFlexi Smart / BizFlexi Smart/ Vacant Land Flexi Smart |
Redraw fee of RM25.00** via OTC/Branch/Contact Centre and RM 10.00** via CIMB Clicks
**per transaction regardless of the amount withdrawn
|
| 6 |
Secured OD |
Commitment fee of 1% p.a. will be charged on the unutilised amount for OD facility if or when all the overdraft facilities exceed RM250,000.00 at any time. |
| 7 |
Redemption Statement |
RM 50.00 per request |
| 8 |
Letter of Confirmation for EPF withdrawal |
RM 20.00 per request |
| 9 |
Reproduction of statements |
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
|
| 10 |
Stamp Duties |
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
|
| 11 |
Early Settlement Charges
(applicable for HomeLoan/ HomeFlexi / HomeFlexi Smart)
|
An early settlement charge based on the below calculation will be imposed if the facility account(s) is/are closed following full settlement of the facility (including settlement of the facility via Employees Provident Fund withdrawal) during the lock-in period of 3 year(s) from date of first disbursement of the facility.
An early settlement charge = [(Board Rate - Prevailing Interest Rate) x amount paid for settlement of the facility x number of calendar days from the date the facility is first disbursed till 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 is peculiar to the facility package extended to customer(s) (where applicable) + RM500 being the processing cost arising directly from the redemption effected within the lock-in period.
Board Rate: Bank's board/published interest rate at the point of issuance of redemption statement for the facility.
|
| 12 |
Early Settlement Charges for OD Against property |
Not Applicable |
| 13 |
Early Settlement Charges
(applicable for BizLoan / BizFlexi / BizFlexi Smart/ Vacant Land Financing / Flexi Vacant Land Financing/ Vacant Land FlexiSmart)
|
An early settlement charge of 3.00% on the facility will be imposed if the facility account(s) is/are closed following full settlement or redemption of the facility(including settlement of the facility via Employees Provident Fund withdrawal) during the lock-in period of 3 year(s) from date of first disbursement of the facility.
Customer(s) shall make the early settlement charge on the date customer(s) fully settle or redeem the facility.
|
| 14 |
Late Payment
(applicable for HomeLoan/ HomeFlexi Smart/ BizLoan / BizFlexi Smart/ Vacant Land Financing / Vacant Land FlexiSmart)
|
If there is any overdue and/or late payment of the Monthly Interest or the Monthly Instalment (as applicable), additional interest of 1% p.a. will be charged on such late payment.
The additional interest is computed on a daily balance basis and charged to your Facility account(s) monthly.
|
| 15 |
Interest Rate on Excess
(applicable for HomeFlexi/ BizFlexi/ Flexi Vacant land Financing/ OD Against Property)
|
If the amounts drawn under the Facility exceed the Facility 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.
|
| *Note: Imposition of Monthly Flexi Charge RM40.00 as below: |
| Monthly Flexi Charge of RM40.00 |
A flexi charge of RM40.00 per month will be debited to customer(s) facility account(s) in the event the utilisation rate of the facility is less than 70% on the last day of every month, based on the below formula:
Utilisation rate of the facility (%) = Average daily balance x 100%
Principal outstanding owing
Average daily balance (RM) = Sum of daily facility account(s) balance
Number of days in month
'Sum of daily facility account(s) balance' shall mean the total aggregate day end facility account(s) balance in a month excluding credit balance (if any). Day end facility account(s) balance is the balance owing under the facility minus prepayment amount (if any).
'Principal outstanding owing' shall mean the principal amount incurred and owing to the bank under the facility at the material time.
|
