CIMB Bank’s Dream Home Campaign
CIMB Bank Berhad, formerly Bumiputra-Commerce Bank, is really stepping up their game to get a bigger slice of the home loan market.
The other day, a pal of ours showed us this flyer from the bank, advertising their latest ‘Dream Home Campaign’. Basically they are offering attractive rates to entice new home buyers and a Rate Switch Option to lure existing borrowers to refinance with them.
Their competitive loan packages with free moving cost are:
Loan above RM300,000 (with MRTA)
1st 3 years = BLR – 0.9%
Thereafter = BLR – 0.8%
Loan between RM150,000 and RM300,000 (with MRTA)
BLR – 0.8% throughout loan period.
In conjunction with this massive promotion, they are having a special event to promote it, and are organizing an ‘ultimate prize package’ for those who take up their offer. In total they are offering RM500,000 in home makeovers, RM20,000 holiday package, RM9,000 in cash and up 3 years free home loan.
For more info, you can call them at +603 2084 8888 or visit their website at www.cimb.com.
Perhaps the Administrator or any1else might be able to help on this.. Not so familiar with some other foreign banks. UOB for example.. Know that they are no 2 in Spore. And came across their advert recently. But rates aside, here in M’sia, are they efficient and competitive as, say, Public Bank? Are they good? Thanks.
Comment by Curious — December 18, 2006 @ 7:36 pm
Yes I believe they are as efficient and competitive as any local bank. Many people take loans from UOB, perhaps you may want to talk to some people who have dealt with them.
Comment by Administrator — December 19, 2006 @ 4:18 pm
Administrator, many thanks. Would appreciate any feedback from any of you who have dealt with UOB before. Am considering them as one shortlisted financiers at the moment. Thanks.
Comment by Curious — December 19, 2006 @ 8:07 pm
affin islamic is offering BFR - 1.5% with FREE moving cost, with capping rate of 10%. i guess this is better than CIMB. But AIA and ING offer fixed rate at 5.9%. even better i guess..
Comment by orenz — July 12, 2007 @ 3:58 pm