CIMB Bank is an ASEAN focused bank, headquartered in Kuala Lumpur, Malaysia. It offers consumer banking, commercial banking, investment banking, Islamic banking and asset management products and services.
The table above shows CIMB's longer-tenure illustration, with no processing fee.
For CIMB's short-tenure option: Borrow over 3 or 6 months at 0% interest rate, with a one-time processing fee from as low as 0.99% (EIR from 5.99% p.a.).
No CIMB credit card or account needed to apply.
3 months: With a one-time processing fee from as low as 0.99%
6 months: With a one-time processing fee from as low as 1.45%
Eligibility: Singapore citizens and PRs with a minimum annual income of $20,000; Malaysians with a valid work pass in Singapore and a minimum annual income of $30,000. Age 21 to 70.
The interest rate, EIR and processing fee offered to you will be based on your personal credit and income profile, the tenure selected and CIMB's approval. The processing fee is a percentage of the loan amount, is non-waivable, and is charged with the first month's instalment.
For late payment, if your monthly instalment (or any overdue amount) isn’t paid in full by 6pm (SGT) on the due date, a late payment fee of S$130 applies.
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