CIMB is among the leading banks in the world, offering top notch financial solutions to individuals and businesses alike. It has garnered international recognition for being one of the largest Islamic Banks. It is also one of the largest investments banks across Asia. It was initially established as Bian Chiang Bank in the year 1924 in Malaysia. The bank assumed its current name in the year 1986. CIMB is among the top 5 largest banks in Association of Southeast Asian Nations, commonly referred to as ASEAN. The bank has employed over 43, 000 employees across its various branches and subsidiaries in the world. Towards the end of June, 2015, the total assets of the bank were worth RM 438.3 billion. CIMB provides an array of financial services and banking products to its vast customer base. Some of the leading products of the bank includes deposits, credit cards, various loans, investments, insurance and credit facilities among others. The services of the bank include Internet Banking, Transaction Banking and Remittance.
Whether you have plans to buy a new dream home, refinance your existing mortgage or you simply want to unlock the equity available on your property, CIMB can help you in fulfilling all of the above desires with the CIMB Private Property Loan that you can avail at attractive interest rates and flexible refinancing that will help uplift your lifestyle further.
You have the option to choose from either a Fixed Rate package or a Singapore Interbank Offer Rate package (SIBOR). Using the CIMB Private Property Loan at low interest rates, you can now conveniently finance or refinance your property.
CIMB provides a very high margin of financing of up to 80% of QOF (Quantum of Financing) on the CIMB Private Property Loan. This percentage of financing offered will help you in keeping your initial outlays to a minimum.
CIMB offers extremely generous loan tenures that will suit the financial needs of every customer. You have the option to choose a loan tenure of up to 35 years or up to the age of 70 years, depending on whichever is earlier.
|Reschedule of the Intended Date of Full Redemption||SGD 200|
|Fire Insurance – Change of Insurer||SGD 200 for each year|
|Request for Loan Statement – For each statement||
|Fully Repaid Loans – Custody of Title Deed||SGD 500 for each year|
|Late Payment Charges for Monthly Instalments||
You can apply for a CIMB Private Property Loan under the following scenarios –
CIMB offers attractive and low interest rate packages for the CIMB Private Property Loan that suit the financial needs of every customer. You have the option of choosing from packages that are either based on Fixed Rate or SIBOR - Singapore Interbank Offer Rate. These packages offered make it extremely convenient for you to finance or re-finance your property.
CIMB offers its customers a high margin of financing for the CIMB Private Property Loan. CIMB provides financing of up to 80% of QOF (Quantum of Financing). This percentage of financing offered by the bank will help you in keeping your initial outlays to a minimum.
CIMB offers extremely flexible loan tenures that will suit the financial needs of every customer. You can choose a loan tenure of up to 35 years or up to the age of 70 years, depending on whichever is earlier.
Yes. In order to be eligible to apply for the CIMB Private Property Loan, you must apply for a minimum loan amount of SGD 200, 000 without which your loan cannot be approved.