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Financing Quantum
Minimum financing amount of RM50,000.
Type of Properties
Vacant land for residential purpose only.
Statement
Yearly statement is available.
Margin of Financing
Up to 90% margin of financing (inclusive Group Mortgage Term Takaful (GMTT) / Legal / Valuation Fees)
Tenure
Minimum: 5 years.
Maximum: 30 years or 65 years of age, whichever is earlier.
Group Mortgage Reducing Term Takaful (GMTT)
GMTT can be financed to provide you and your loved ones with financial protection.
Individuals aged 18 years and above
Identification document and proof of purchase | Malaysian Applicants | Copy of NRIC Sales and Purchase Agreement or the developer's booking form |
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Foreign Applicants (Not applicable for Vacant Land Products) -Regional Preferred /Private Banking (From the ASEAN countries where CIMB has a presence) -Local Preferred / Private Banking |
Copy of passport (minimum 6 months validity) or MYPR Sales and Purchase Agreement or the developer's booking form |
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Income Documents | Salary Applicants | Latest 3 months' salary slips Latest EPF statement or last 3 months ' bank statement with credited salaries |
Commission Applicants | Latest 6 months' commission statement Latest 6 months' bank statement with credited commission |
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Self-Employed Applicants | Business registration Latest 6 months' business bank statements Latest Form B with tax payment receipt |
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Note: Foreigners and Malaysia Permanent Residents, without CIMB Regional Preferred or Private Banking relationship, may require to submit additional supporting documents upon request |