CIMB Bank Employee Share Option Scheme (ESOS) – Personal Financing/Loan

Employee Share Option Scheme (ESOS) is a tailored credit facility extended to the eligible company employees to exercise their share option, which has been allocated to them by their employer.

Features and Benefits

• Up to RM 2 million
• Margin of Financing up to 80% of market price
• Low documentation fee up to RM200
• Acceptable counter : Main board, Second Board, Mesdaq
• Disbursement fee at RM 80.00 (applicable to second drawdown onwards)

Terms & Conditions Apply

Eligibility

• Individual age between 21and 65
• Malaysian or non-Malaysian residing in Malaysia

Requirements

These documents must be submitted along with the application form at any of the nearest branches. The bank reserves the right to request for additional documentation where deemed necessary.

Photocopy of the following:

• Duly completed application form.
• NRIC (both sides)
• Recent BE / EA / 2 months payslip
• Entitlement / Allocation Letter
• Exercise form

Malaysian or non-Malaysian residing in Malaysia aged between 21 and 65 years

Interest Rates

BLR + 0.75% p.a.

BLR as at July 2010: 6.30%

Fees and Charges

Documentation fee up to RM200

How to Apply?

Call us at 1300 880 900 or +603 22956100

Source: http://www.cimbbank.com.my/index.php?ch=cb_per_pf&pg=cb_per_pf_per&ac=8&tpt=cimb_bank

*This page contains information sourced on 25 Oct 2010. Please check with the bank for the latest updates.