Why Choose AmBank/AmBank Islamic Auto Loan/Financing:
Fast Approval
Get your loan/financing approved in as little as 4 hours after submitting your application.
Weekend Banking
Our Auto Financing Advisors and processing centres are ready to serve you, even during weekends.
Hassle-Free Submission
Fully digital submission available with e-Hire Purchase Agreement signing.
Flexible Repayment/Payment Tenures
Choose a financing plan that fits your lifestyle and financial needs.
Trusted Expertise
Backed by over 50 years of trusted banking expertise.
Perfect Pairing
Enjoy up to 5% cash rebate on petrol or 5X BonusLink Points with an AmBank Credit Card/-i.
Find The Right Loan/Financing For You
Arif Hire Purchase-i
(Fixed Rate)
- Shariah-compliant
- No compounding of charges on profit
- Competitive rates
- Fixed monthly instalments
- Flexible payment tenure
- Balance reduction-based profit calculation
- High financing margin
Arif Hire Purchase-i
(Fixed Rate)
Arif Hire Purchase-i (Fixed Rate) is an Islamic financing facility for leasing / hire and subsequent purchase of vehicles.
Features
| Shariah concept used: | Al-Ijarah Thumma Al-Bai`(AITAB) (lease followed by sale) |
| Eligible vehicle types: | New, used or unregistered reconditioned |
| Monthly payment: | Fixed throughout the entire term |
| Payment term options: | Up to 9 years |
| Profit computation method: | Reducing balance |
| Margin of financing: | Up to 90% of vehicle purchase price |
| Payment method: | Via AmOnline, AmBank/AmBank Islamic branches/ATM/CDM or DuitNow/IBG transfer from other financial institutions |
Arif Hire Purchase-i
(Variable Rate)
- Shariah-compliant
- No compounding of charges on profit
- Competitive rates
- Instalments adjusted in line with BFR changes
- Flexible payment tenure
- Balance reduction-based profit calculation
- High financing margin
Arif Hire Purchase
(Variable Rate)
Arif Hire Purchase-i (Variable Rate) is an Islamic financing facility for leasing / hire and subsequent purchase of vehicles.
Features
| Shariah concept used: | Al-Ijarah Thumma Al-Bai`(AITAB) (lease followed by sale) |
| Eligible vehicle types: | New, used or unregistered reconditioned |
| Monthly payment: | Will vary in the event of BFR* revision resulting in OPR** change |
| Payment term options: | Up to 9 years |
| Profit computation method: | Reducing balance |
| Margin of financing: | Up to 90% of vehicle purchase price |
| Payment method: | Via AmOnline, AmBank/AmBank Islamic branches/ATM/CDM or DuitNow/IBG transfer from other financial institutions |
*BFR = Base Financing Rate
**Overnight Policy Rate
Conventional Hire Purchase
(Fixed Rate)
- Competitive rates
- Fixed monthly instalments
- Flexible repayment tenure
- Balance reduction-based interest calculation
- High financing margin
Conventional Hire Purchase
(Fixed Rate)
Features
| Eligible vehicle types: | New, used or unregistered reconditioned |
| Monthly instalment: | Fixed throughout the entire term |
| Repayment term options: | Up to 9 years |
| Interest computation method: | Reducing balance |
| Margin of financing: | Up to 90% of vehicle purchase price |
| Repayment method: | Via AmOnline, AmBank/AmBank Islamic branches/ATM/CDM or DuitNow/IBG transfer from other financial institutions |
Conventional Hire Purchase
(Variable Rate)
- Competitive rates
- Instalments adjusted in line with BLR changes
- Flexible repayment tenure
- Balance reduction-based interest calculation
- High financing margin
Conventional Hire Purchase
(Variable Rate)
Features
| Eligible vehicle types: | New, used or unregistered reconditioned |
| Monthly instalment: | Will vary in the event of BLR* revision resulting in OPR** change |
| Repayment term options: | Up to 9 years |
| Interest computation method: | Reducing balance |
| Margin of financing: | Up to 90% of vehicle purchase price |
| Repayment method: | Via AmOnline, AmBank/AmBank Islamic branches/ATM /CDM or DuitNow/IBG transfer from other financial institutions |
*BLR = Base Lending Rate
**Overnight Policy Rate
Conventional Hire Purchase
(Fixed Rate)
- Competitive rates
- Fixed monthly instalments
- Flexible repayment tenure
- Balance reduction-based interest calculation
- High financing margin
Conventional Hire Purchase
(Fixed Rate)
Features
| Eligible vehicle types: | New, used or unregistered reconditioned |
| Monthly instalment: | Fixed throughout the entire term |
| Repayment term options: | Up to 9 years |
| Interest computation method: | Reducing balance |
| Margin of financing: | Up to 90% of vehicle purchase price |
| Repayment method: | Via AmOnline, AmBank/AmBank Islamic branches/ATM/CDM or DuitNow/IBG transfer from other financial institutions |
Conventional Hire Purchase
(Variable Rate)
- Competitive rates
- Instalments adjusted in line with BLR changes
- Flexible repayment tenure
- Balance reduction-based interest calculation
- High financing margin
Conventional Hire Purchase
(Variable Rate)
Features
| Eligible vehicle types: | New, used or unregistered reconditioned |
| Monthly instalment: | Will vary in the event of BLR* revision resulting in OPR** change |
| Repayment term options: | Up to 9 years |
| Interest computation method: | Reducing balance |
| Margin of financing: | Up to 90% of vehicle purchase price |
| Repayment method: | Via AmOnline, AmBank/AmBank Islamic branches/ATM /CDM or DuitNow/IBG transfer from other financial institutions |
*BLR = Base Lending Rate
**Overnight Policy Rate
Arif Hire Purchase-i
(Fixed Rate)
- Shariah-compliant
- No compounding of charges on profit
- Competitive rates
- Fixed monthly instalments
- Flexible payment tenure
- Balance reduction-based profit calculation
- High financing margin
Arif Hire Purchase-i
(Fixed Rate)
Arif Hire Purchase-i (Fixed Rate) is an Islamic financing facility for leasing / hire and subsequent purchase of vehicles.
Features
| Shariah concept used: | Al-Ijarah Thumma Al-Bai`(AITAB) (lease followed by sale) |
| Eligible vehicle types: | New, used or unregistered reconditioned |
| Monthly payment: | Fixed throughout the entire term |
| Payment term options: | Up to 9 years |
| Profit computation method: | Reducing balance |
| Margin of financing: | Up to 90% of vehicle purchase price |
| Payment method: | Via AmOnline, AmBank/AmBank Islamic branches/ATM/CDM or DuitNow/IBG transfer from other financial institutions |
Arif Hire Purchase-i
(Variable Rate)
- Shariah-compliant
- No compounding of charges on profit
- Competitive rates
- Instalments adjusted in line with BFR changes
- Flexible payment tenure
- Balance reduction-based profit calculation
- High financing margin
Arif Hire Purchase
(Variable Rate)
Arif Hire Purchase-i (Variable Rate) is an Islamic financing facility for leasing / hire and subsequent purchase of vehicles.
Features
| Shariah concept used: | Al-Ijarah Thumma Al-Bai`(AITAB) (lease followed by sale) |
| Eligible vehicle types: | New, used or unregistered reconditioned |
| Monthly payment: | Will vary in the event of BFR* revision resulting in OPR** change |
| Payment term options: | Up to 9 years |
| Profit computation method: | Reducing balance |
| Margin of financing: | Up to 90% of vehicle purchase price |
| Payment method: | Via AmOnline, AmBank/AmBank Islamic branches/ATM/CDM or DuitNow/IBG transfer from other financial institutions |
*BFR = Base Financing Rate
**Overnight Policy Rate
Services You Can Rely On
4-Hour Processing Turnaround Time (Service Guarantee)
Get your loan/financing approved in as little as 4 hours after submitting your application.
Weekend Banking
Our Auto Financing Advisors and processing centres are ready to serve you, even during weekends.
e-Hire Purchase Agreement (e-HPA)
Enjoy the convenience of accepting your approved application wherever you are. Our Auto Financing Advisors are ready and able to meet you to obtain your electronic signature using a tablet device.
Eligibility and Document Requirements – Everything You Need to Get Started:
Eligibility Criteria
Malaysian
- 21 years and above
- Employed/salaried
Non-Malaysian
- 21 years and above
- Work permit
Required Supporting Documents
- NRIC or valid passport
- Latest 3-month pay slip or EA form
- Latest 3-month bank statement
- EPF statement with latest 6 months’ contribution
- Driving license
- Car supplier quotation (new car) or car registration card
Ready to Get Started?
Whether you are exploring your options or ready to apply, we are here to help.
Fill in your details and our Auto Financing Advisors will be in touch for your application or questions.
Fill in your details and our Auto Financing Advisors will be in touch for your application or questions.
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Click here to view AmBank/AmBank Islamic Auto Loan/Financing Terms and Conditions.
Other Information
Complement your Auto Loan/Financing experience with these products.
Earn extra BonusLink Points when you fuel up with AmBank BonusLink Visa Credit Card
Fuel up and earn Cashback up to 5% with AmBank Islamic Visa Platinum CARz Card
Earn up to 10% Touch ‘n Go Cashback with our insurance/takaful