CIMB Islamic Bank Flexi Home Financing-i – Property Financing/Loan

The Flexi Home Financing-i is basically a combination of Variable Home Financing-i and the special designated Islamic current account namely Special Mudharabah Current Account-i.

The beauty of this product is that it gives customers flexibility to pay their monthly installment whilst at the same time provides a withdrawal facility as well on the customer’s current account (on available credit balance in the Current Account).

Features and Benefits

  • Financing all types of completed or under construction residential properties.
  • Margin of financing (MOF) up to 90%.
  • Applicants can enjoy a flexible financing period of up to 40 years or up to the age of 70 years, whichever is higher.
  • GMTA can be financed.
  • Homeflexi-i offers flexibility of payment.
  • Earn profit on your Mudharabah Current Account-i.
  • Lower profit charges when deposit Mudharabah Current Account-i (Flexi Financing).
  • For CIMB Prime Plan customer, enjoy the following benefits:
    • Earn 0.1 Bonus Point for every RM1 financing
    • Re-pricing option every 3 years or lapse of lock-in period, whichever is later at prevailing board rate
    • Preferential rates

Eligibility

  • Individuals aged 18 years and above.
  • Malaysian or permanent resident.

Requirements

Salaried Applicant:

  • NRIC photocopy.
  • Latest 3 months’ salary slip.
  • EA form / EPF statement (last 2 years).
  • Sales & Purchase Agreement / Booking receipt from developer.

Self-Employed:

  • NRIC photocopy.
  • Latest 3 months’ salary slip.
  • EA form / EPF statement (last 2 years).
  • Sales & Purchase Agreement / Booking receipt from developer.
  • Business registration A&D
  • Last 3 months bank statement

Fees and Charges

Non Free Moving Cost (NFMC) – All costs and charges incurred in relation to the facility (i.e takaful, valuation fee, legal and stamping fees) are to be borne by the customer.

How to Apply?

Call us at 1300 880 900 or +603 22956100

Source: http://cb.cimbislamic.com/index.php?ch=ci_per_hf&pg=ci_per_hf_buy&ac=15&tpt=cimb_islamic

*This page contains information sourced on 3 Nov 2010. Please check with the bank for the latest updates.

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