CIMB announces the latest mortgage and time deposit interest rates.
According to the news issued by CIMB, the lending rate will be increased from May 18, 2022, the Base Rate (BR) is 3.00%p.a. and the Basic Lending Rate (BLR) is 5.85%.
From the information on CIMB’s website, when your mortgage amount is less than RM200,000, you are entitled to a mortgage rate of 4.45%p.a. When your mortgage amount is between RM200,000 and RM350,000, your mortgage rate is 4.35% p.a.
As for home loans between RM350,000 and RM500,000, the mortgage interest rate will be 4.15% p.a. For loans over RM500,000, the mortgage rate is 4.05%p.a.
You can also visit a CIMB branch to request for a better rate and the bank will decide whether to give you a better rate based on your conditions and the information provided.
