AFFIN BANK Vehicle Loan


An Affordable Plan to Fuel Your New Ride 

Whether your dream car is a new car or a used car, our vehicle loan helps to get you behind the wheel.

Fixed Rate Financing

Manage your budget with competitive rates spread over monthly repayments

High Margin of Financing

Up to 90% for new cars and 85% for used cars

Flexible Loan Tenure

Flexibility to choose up to 9 years of loan tenure

Hassle-free Loan Repayment

Convenience of multiple repayment channels, including AFFIN BANK Branches; ATM, Cash Deposit or Cheque Deposit Machines; AffinAlways internet banking; interbank transfer from other banks (DuitNow or IBG) and Standing Instructions.

Comprehensive Insurance Coverage

Protect not only your car but also you and your family with our comprehensive range of insurance plans:

  • Motor Insurance: Protect you from accidents and third-party claims.
  • AXA GAP: Bridge the gap between your motor insurance payout and the original vehicle invoice price in the event of total loss due to accident and/theft.
  • HP Life: Protect your loved ones from being saddled with debt burden arising from death or total permanent disability of the insured.

            Financing Terms


            • Minimum Age
              18 years old
            • Nationality
              Malaysians and Permanent Residents
            • Ownership
              Individuals, sole proprietor or partnership, private or public limited company

            Important Information

            • Product Disclosure Sheet (PDS) - Fixed Rate
            • Code of Ethics on Repossession
            • Documents Required
              • Individual (Employed/Salaried)
                • Photocopy of NRIC/Passport
                • Photocopy of a valid driving license
                • Latest 3 months (without overtime) payslips/Latest 6 months (with overtime) payslips/Latest 6 months commission statements (for commission earners)/Latest EA Form/Borang B supported by tax payment receipt/e-Filing supported by acknowledgement
                • Latest EPF statements/Latest 6 months savings/current account statements/Letter from employer to the Bank to confirm applicant’s income
              • Sole Proprietor/Partnership
                • Photocopy of NRIC/Passport
                • Photocopy of a valid driving license
                • Certificate of Business Registration/Partnership agreement (if any)/Certificate of Practice for professional (professional bodies)/Business permits/Trading license (if any)
                • Latest 6 months bank statements
                • Latest Borang B supported by tax payment receipt/e-Filing supported by acknowledgement/Latest financial statements/Management accounts
                • Contracts in hand/Sales vouchers (for agro based sector)/Unencumbered deposit certificates/Investment certificates/Unit trust
              • Private/ Public Limited Company
                • Certified true copies of Certificate of Incorporation, Memorandum and Articles of Association, latest Forms 24 & 49 and brief business profile/write-up or latest annual returns (if any)
                • Latest 6 months bank statements and latest audited accounts or management accounts/Contracts in hand
              • Notes:
                • The above documents are to be submitted together with the application form to any of our branches.
                • All applicants are required to declare any non-bank financial obligations and the repayments.
                • The Bank reserves the right to request for additional documents if necessary.
            • Forms

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