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 Change Of Ownership Without Runner Procedure, D.I.Y / Runner / Home Appointment

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kirakun
post Jul 13 2016, 11:45 AM

On my way
****
Junior Member
697 posts

Joined: May 2005


QUOTE(Galaxy Angel @ Jul 12 2016, 08:52 PM)
Sure  . Will do thanks Ya . 
Hope anyone success get their loan but without buying the life insurance can share. .
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I have got my loan approved by HLB without the provision to buy anything from them. I guess it is subjective to the each and every bank's policy and regulations.
kirakun
post Jul 13 2016, 11:49 AM

On my way
****
Junior Member
697 posts

Joined: May 2005


QUOTE(Galaxy Angel @ Jul 12 2016, 08:55 PM)
Interest 4 percents loan for 40k, 7 year .
Ownership ship transfer plus runner fees total RM 445 .... 
I believe this is their admin fees
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In my case there is an admin fee for the hire and purchase loan agreement amounting to RM200+6% GST = RM212.

Some bank may insist that the ownership transfer be done by their runners thus explained the runner's fee but good thing HLB doesn't impose this kind of policy thus mine is all covered by the dealer himself.

 

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