AITAB Hire Purchase-i

AITAB financing is in accordance with the principles of Al-Ijarah Thumma Al-Bai and was introduced to give customers an alternative choice of financing to purchase their dream vehicle.

Your mobility is our priority. Therefore, we've put our AITAB Hire Purchase-i plan together to allow you to drive off comfortably knowing that you:

1. Will save more. Thanks to our competitive financing rates.
2. Can afford to stretch your ringgit by paying a low deposit.
3. Can enjoy a flexible repayment period of up to 9 years.
4. Can enjoy the convenience paying your instalments through our multi delivery channels or at any of the branches in our extensive network.
5. Will enjoy an attractive margin of financing.

   Margin of financing and tenure:

   AITAB Hire Purchase-i
   Margin of Financing and Maximum Duration

   Passenger Vehicles

   Age of Vehicles	Maximum Margin of Financing	Maximum Duration
   New	Up to 90%	Up to 108 months
   1 - 6 years	Up to 80%	Up to 84 months
   7 - 8 years	Up to 80%	Up to 72 months
   9 - 10 years	Up to 75%	Up to 60 months

   
   Commercial Vehicles (with BDM not exceeding 5000kg)

   Age of Vehicles	Maximum Margin of Financing	Maximum Duration
   New	Up to 80%	Up to 60 months
   1 - 5 years	Up to 70%	Up to 60 months

   
   Commercial Vehicles (with BDM exceeding 5000kg)

   Age of Vehicles	Maximum Margin of Financing	Maximum Duration
   New	Up to 70%	Up to 60 months
   1 - 5 years	Up to 60%	Up to 48 months

   *Terms & Conditions apply
   
   *Public Islamic Bank Berhad reserves the right to vary the Terms & Conditions at our absolute discretion

- Code of Ethics on Repossession