|PURCHASE PRICE||DEPOSIT REQUIRED|
|RM2,000/- AND BELOW||FULL PAYMENT OF PURCHASE PRICE & BUYER'S PREMIUM AT RM600 (Car) or RM270 (Motorcycle)|
|RM2,001/- TO RM100,000/-||DEPOSIT RM1,000/- and BUYER'S PREMIUM AT RM600 (Car) or RM270 (Motorcycle).|
|RM100,001- AND ABOVE||A SUM OF EQUIVALENT TO RM5,000.00 or 10% OF THE BIDDING PRICE AND BUYER'S PREMIUM AT RM600 (Car) or RM270 (Motorcycle).|
Note: The above struture is merly a guideline and reference only!
Every bank has its own terms and conditions to be announced during auction.
TOYOTA CAPITAL -Administrative fees of RM40 will be charged by Toyota Capital (M) Sdn Bhd.
AFFIN BANK-The successful auction price must be fully setted within ten (10) days from the date. Any request for extension on the settlement shall attract penalty charges of RM500.00.
"Hong Leong Bank Berhad have made it compulsory for the successful bidder to sign the Declaration of Source of Funds for successfully bidder vehicles RM25,000.00 and above, this is only applicable for successful bidder who wish to settle the balance purchase price with "CASH TERMS" only. In the event of a bidder neglecting or failing tp comply with this condition, any deposit paid shall be forfeited and the sucessful bid shall be deem to be null and void. The vehicle thereafter shall be resold by further auction and such resale to be considered as new sale for which the Bank and /or Auctioneer will be entitled to do so"
9.0A Extra refundable security deposit
A. For Malayan Banking Berhad auction artiles with reserve price from RM5,000.00 and below, an extra refundable security deposit of RM1,000.00 ("extra security Deposit") is to be collected together with the amount stated in clause 9.0A from the successful bidder.
B. The Extra Security Deposit will be refunded after the proof of transfer of ownership being so presented to Malayan Banking Berhad.
Aiqon Amanah Sdn Bhd/ Aiqon Islamic Sdn Bhd do not have any document for support transfer, succesful bidder have to do themselves. Aiqon only will give consent to Ambank E Batal for Aiqon vehicle. Kindly take note the ownership for all Aiqon vehicle still Ambank and Aiqon took over NPL account by way of vesting order granted by High Court of Malaya.
*All bank charges incurred (if any) to be borne by the bidders!
352, Permatang Tok Jaya, Maklom, Sungai Dua, 13800 Butterworth, Penang
Tel: +604-3567972 (Hunting Line)
Fax: +04-356 7425
Email: [email protected]
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