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Vacant Land Flexi Smart
Versatile features to assist you spend your loan off faster.
Because of the freedom of creating prepayment, you’ll be able to save very well interest right from the start. This shortens your loan tenure, and finally, you’ll own your land faster. For additional convenience, you additionally have the flexibleness to withdraw prepayment, and also to save you a lot more, Vacant Land Flexi Smart comes without set-up and maintenance fees.
- Vacant Land Flexi Smart
- Vacant Land Flexi Smart
Qualities & Advantages
For domestic, commercial, commercial and agricultural land that is vacant
Withdrawal and payment convenience
Make withdrawal and prepayment via CIMB Clicks, Contact Centre or any CIMB Bank branches nationwide
Tall margin of funding
• Commercial and industrial: as much as 65% + 5% (GMTA/Legal/Valuation)
• Agricultural: as much as 55% + 5% (GMTA/Legal/Valuation)
Freedom of withdrawal
Withdraw prepayment anytime at a fee that is affordable.
Loan tenure
• Res years of age, whichever is early in the day
• Commercial, industrial and agricultural: as much as two decades, or 65 years old, whichever is earlier in the day
Group Mortgage Term Assurance (GMTA) could be financed
Save well on revenue whenever you make prepayment which decreases the outstanding principal loan quantity
No processing / put up / upkeep cost
Enjoy more affordability.
Extra Features
- No commitment costs
- Statement – Annually
- Prevailing Rate Of Interest and Default Clause. Please click on this link to find out more.
- For CIMB Prime Banking customer, take pleasure in the after benefits:
- Earn 0.1 Bonus Point for every single financing that is RM1
- Preferential prices
Month-to-month Installment Calculator
Select the extent to learn the rates that are corresponding annum.
Eligibility & Requirement
- People aged 18 years and above.
- NRIC photocopy
- Latest three months’ income slide
- Latest EPF statement / Latest three months bank statements showing wage crediting
- Purchase & Purchase Agreement / Booking form from designer
- NRIC photocopy
- Company enrollment
- Latest a few months company bank statements
- Latest Form B with income tax re re re payment receipt
- Purchase & Purchase Agreement / Booking form from designer
Costs & Costs
Service Tax Implementation Taxes on products (including installment loans in massachusetts yet not restricted to solution income tax, indirect fees or withholding taxes), where relevant, because could be imposed because of the national of Malaysia and any fees payable relating to or arising away from center funding/account is supposed to be payable.
Products / Items | Fees and costs | |
---|---|---|
1 | HomeLoan / BizLoan / Variable Residence Financing-i / Business Premises Financing-i / Term Financing-i / Vacant Land Financing | Processing cost: Not relevant |
2 | HomeFlexi / BizFlexi / Flexi Home Financing-i / Flexi company Premises Financing-i | |
3 | Flexi Vacant Land Financing | |
4 | HomeFlexi Smart/ BizFlexi Smart / HomeFlexi Smart-i / BizFlexi Smart-i | Processing cost of RM200.00 |
5 | HomeFlexi Smart / BizFlexi Smart/ Vacant Land Flexi Smart / HomeFlexi Smart-i / BizFlexi Smart-i / Residential Vacant Land Flexi Smart-i | |
6 | Secured OD | Commitment charge of just one% p.a. In the unutilised quantity for OD center of RM 250,000.00 and above |
7 | Special PR1MA End Financing (SPEF) Package | Processing fee of RM 200.00 |
8 | Redemption declaration (Home loan / Home financing) | RM 50.00 per request |
9 | Letter of verification for EPF withdrawal | RM 20.00 per demand |
10 | Ring Fence Processing Fee for EPF withdrawal | RM 50.00 per demand |
11 | Reproduction of statements | |
12 | Stamp Duties |
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