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Features & Benefits

Blanket Limit
Zero-Charge Renewal
High Margin of Financing
Easy Online Payment
Minimal Admin Cost
Flexible

What is Industrial Hire Purchase?

Industrial Hire Purchase is a facility that provides financing for you to get equipment or machinery that are not listed in the first schedule of the Hire Purchase Act 1967 for business and/or industrial purposes.

Eligibility

Applicable for private and public listed companies, cooperatives, government bodies and agencies

Note: Terms and conditions apply.

Equipment Type

You can get financing for commercial vehicles, computer systems and IT related equipment, plant and machinery, construction equipment, material handling equipment, eco-tourism related equipment, health services related equipment, energy related equipment, oil and gas related equipment, and office equipment.

Fees and Charges

Products / Items Charges
Stamp duty  (IHP agreement) Subject to Stamp Act 1949
Stamp duty (Guarantee agreement) RM10.00
Processing Fee (per agreement) RM100.00
Postage To be borne by client
Audit Confirmation RM100.00 per request