CIMB Secured Overdraft Facility

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Why You Should Choose CIMB Secured Overdraft Facility

Liquidation Required

on existing investment

Enjoy

Flexible Repayment

Guarantor Needed

Benefits & Privileges

No Liquidation

Increase investment return without liquidating your existing investment.
Financial Liquidity

Manage your cash flow better with no minimum / fixed monthly repayment schedule.
More Savings

Enjoy greater savings with interest charged only for the amount used.
No Guarantor

You don’t need a guarantor as you will be pledging a collateral instead.
Acceptable Collaterals

You can secured an overdraft with existing collaterals like Fixed Deposits, selected Structured Products / FRNID^*, Unit Trust Funds^*, or Amanah Saham Bumiputera Units.

*Please refer to our Sales Representative for latest acceptable lisiting.

Eligibility & Requirements

Min. collateral value of RM10,000

Individuals aged 21 to 70 years old.
Malaysian or residents with PR status residing in Malaysia.
Owner of the collateral (free from any encumbrance).
Overdraft limit dependent on collateral pledged.

Product Disclosure Sheet

Secured Overdraft Facility

Remarks

Subject to eligibility and acceptable collaterals.

Fees & Charges

CIMB Secured Overdraft Facility

Interest Rates

Interest is calculated daily based on Facility outstanding balance.

Facility	Overdraft Type	Interest Rates
CIMB Secured Overdraft	Personal OD Secured by Fixed Deposit	SBR + 2.10%
	Personal OD Secured by Multiple Collateral	SBR + 2.60%
	Personal OD Secured by Amanah Saham Bumiputera	SBR + 2.60%

Required Documents

Applicants are required to submit these compulsory documents:

Photocopy of NRIC
Collateral Documents (based on collateral to be pledged)
Income document:-

Salary Earners	Commission Earner	Self Employed
Multi National Company / Public Listed Company / Government Linked Company Latest 1 month payslip OR Latest 3 months payslip (variable income) OR Latest EPF statement (minimum 6 months EPF record) Others Latest 3 months payment voucher Latest 3 months payslip AND latest 3 months salary crediting bank statement OR Latest EPF statement (minimum 6 months EPF record)	Latest 6 months commission statement AND Commission crediting bank statement OR Latest Form B and LHDN payment receipt	Latest 6 months company bank statement AND Business registration document OR Latest Form B and LHDN payment receipt OR Latest e-Form B and e-filing acknowledgement receipt

Salary Earners

Commission Earner

Self Employed

Multi National Company / Public Listed Company / Government Linked Company

Latest 1 month payslip OR
Latest 3 months payslip (variable income) OR
Latest EPF statement (minimum 6 months EPF record)

Others

Latest 3 months payment voucher Latest 3 months payslip AND latest 3 months salary crediting bank statement OR
Latest EPF statement (minimum 6 months EPF record)

Latest 6 months commission statement AND Commission crediting bank statement OR
Latest Form B and LHDN payment receipt

Latest 6 months company bank statement AND Business registration document OR
Latest Form B and LHDN payment receipt OR
Latest e-Form B and e-filing acknowledgement receipt

The Bank may require additional documents where deemed necessary.

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