As the name implies, a hire purchase loan or which also known as a car loan is a type of loan that is a borrower takes for a specific means of purchasing a brand new or used vehicle. In Malaysia, the majority of car loans have a maximum financing margin of 90 percent. Thus, borrowers should expect the car dealer of at least 10 percent.
Affin Bank claims to have flat interest rates and other interesting features you won’t find in another car loan provider from the many Malaysian financial institutions that offer car loan services. If you have been a car loan client in this bank for quite some time and still have no idea how to check car loan balance Affin Bank, you have come to the right place.
After all, knowing the balance of your car loan is crucial since you need to know the remaining amount of loan you will need to pay.
Checking Affin Bank Car Loan Balance via Internet Banking
To check car loan status through Affin Bank’s internet banking platform, you first need an AffinOnline account. Here are the quick tutorials to sign up for internet banking:
- Visit the nearest Affin Bank ATM station.
- Insert your ATM card and key in your card PIN.
- Choose Other Transactions and select Internet Banking Registration.
- Choose Internet Banking and select Agree.
- Enter the username for your internet banking account and key in the password.
Here is how to check car loan balance Affin Bank through AffinOnline:
- Go to the AffinOnline platform and log in to your online banking account using the username and password you previously used to sign up.
- Click on My Accounts and select the Loan/Financing option.
- The status of your car loan will be displayed in a second. You may download, save, or print the statement.
You may also like: How to Register Affin Bank Online
Check Affin Bank Car Loan Balance via Phone
Talk to Affin Bank staff at your nearest Branch, or call Affin Bank Customer Care Centre. They will do our best to help resolve any issue you may have.
Phone: 03-8230 2222 (Monday – Friday, 8.00 am to 12.00 am)
Email: yourvoice@affinbank.com.my
For email communications, they appreciate if you can include the following details within your email for us to serve you more efficiently:
- MyKad Identification Number/Passport Number
- Affin Bank Account Number
- Contact Number
- Email Address
How to Apply for Affin Bank Car Loan
Suppose you are at a minimum age of 18 years old and a Malaysian or permanent resident. In that case, you will be eligible to apply for an Affin Bank vehicle loan, given the fact that you have got a driving license. If you register for this service as an employed individual, the documents you will need to prepare are as follows:
- Copy of passport or NRIC and valid driving license
- Latest three months’ salary slips (without overtime) or the latest six months of salary slips (with overtime)
- Latest Borang B or EA From that is proved with a tax payment receipt; or
- e-Filling that is verified with acknowledgment.
If you are self-employed, the documents you must prepare are as follows:
- Copy of passport or NRIC and valid driving license
- Business registration certificate/partnership agreement/valid skilled certificate/incorporation certificate, memorandum and association articles (private or public limited corporation)
- Latest six months of bank statements or latest Borang B/EA Form that is supported by a valid payment receipt
- Latest management accounts
- Contracts in hand, sales vouchers for an agro-based field, or investment/deposits/unit trust
