Just got my new car
Loan approved 3 days ago

Car: Nissan Almera Spec E
Public Bank (Their Panel Bank)
Loan Amount = RM65400
Loan Interest Rate = 2.90%
Loan Tenure = 9 years


Is this ok?

thank you

Hi ,how many days for u sending in the doc and get it approved?
mine also pb but 4 working days le still not even a dam call ,my sa told me they were bz coz of upcoming raya

2 working days only then terus get call from PB then few days approved

This post has been edited by LeonTan: Jul 1 2016, 12:03 PM

🤔Tahan abit more lo. You buy the car now or few months later, you will still get the car at the end. Preparing a good set of document when applying will definitely benefits you. Just start now and bank in all your salary cash into bank for three month and poof!! , There's your bank statement.

Just make sure to prepare all relevant documents. Easier for all parties

This post has been edited by SheepMekk: Jul 1 2016, 03:52 PM

If u hav a clean record and have good connections with the bank then u might get as low as 3.6

mine was 4.2%. 8 years old car. loan approved 2 weeks ago by pb.

Anybody know Hong Leong interest rate for Toyota used car? (How if compare with PBB?)

so much problem yet u buy almerA?

Mine sharing the amount your loan and the tenure?
On the lookout for a 2nd hand car. thx.

This post has been edited by linkin182: Jul 5 2016, 11:51 AM

7 years. 65k.

share with us which cars have lesser problems ?

A quick question, can a foreigner get a loan for used car in KL?
I'm working here for quite some time btw...
Car price is around 8K..

Just got my loan approved on a 8 years old car. Interest rate at 3.85% by HLB. Loan amount is 90k.

Yes, you can but the margin of financing will not be very high. In most cases, bank will only approve 70% of the market value.

I think that would be in another thread.

Why would you need to get a loan for a car which costs Rm8k? No banks or credit companies will give you a loan for that.

Aiyah, too bad then..
But still, just want to ask whether a foreigner is eligible for loan?

given that I've been working in MY for around 4 years,
currently working on one of the company that is not going to go bankrupt anytime,
I have my aunt, cousins here

I dont really get what you mean.
Do u mind explain a bit?
I'm new to financing things.

Public Bank works freakin fast.. I sent in my loan application and documents for a used 2013 kia cerato at lunch time at about 1pm yesterday.. 4pm they called my boss to confirm my employment. At 7pm, I received SMS that my loan has been approved. Down payment RM22k. RM38k loan at 3.68% for 5 years.

I'm still waiting for Hong Leong and maybank to get back to me. I will chose the bank that can give me the best rates

Thats quite low interest. I was expecting 4-5%. Could you please share the other offers too.. Im planning on getting something like that too in a year or two.