CIMB Bank Share Margin Financing – Personal Financing/Loan

Share Margin Financing is a standby, revolving personal lending facility secured by collaterals for the trading of shares on Bursa Malaysia.

• High facility limit up to RM 5mil
• Wider range of accepted collateral, i.e Cash, Fixed Deposit, Quoted Shares
• High leverage of collateral : Cash / Fixed Deposit 2- 2.5X, Quoted Share 1-1.5X
• High Margin of Financing 50-60%
• Documentation fees up to RM200
• Rollover fee at 0.5% of outstanding facility amount per quarter
• CDS account fee (waived)

*based on current promotion

Terms & Conditions Apply

Eligibility

• Individual age between 21 to 65
• Malaysian or non-Malaysia 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.

Individual:

• NRIC (both sides)
• Recent BE / EA / 2 month payslip
• Latest bank statement
• Redemption cases: Furnish the latest margin account statement from your existing financier.

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=6&tpt=cimb_bank

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