Started its operation on 1st March 2004. It is a 50:50 joint venture company between Proton Edar Sdn Bhd (PESB) and CIMB Bank Berhad (CIMB).
It offers competitive hire purchase loan financing packages to new Proton car purchasers through PESB sales network nationwide.
With the combined infrastructure of the two entities, PCSB can offer better deals for Proton car financing together with fast application and approval processes.
Preferred automotive finance provider
In addition, customers enjoy value-added financing packages with a combination of other financial products. All this with the assurance and reliability of two established parent companies that are well equipped with the expertise and infrastructure. Proton Commerce is committed to delivering competitive hire purchase finance facility by leveraging on the synergy of the core competencies and resources of its parent companies, with a focus on providing fast, efficient and friendly service to car buyers.
Thus, by leveraging upon these multi-faceted strengths, Proton Commerce’s objective is to become the preferred automotive finance provider for all purchasers of new Proton cars while being recognised as the most competitive, comprehensive and capable player in the automotive financing industry.
What is the Hire Purchase (HP) loan eligibility?
What are the documents required when applying for a HP loan?
MyKad / Valid Temporary IC / Armed Forces ID / Police ID Valid driving license Latest income tax returns (J form or EA) Latest 3/6 months salary slips / payment vouchers Last 3/6 months bank statements Saving / ASB / ASN / Tabung Haji – For Sole proprietorship / Partnership, the followings are required:
Copy of NRIC of sole proprietor / partner(s) who sign the HP documents Copy of guarantor(s) NRIC, if guarantor(s) is / are required Copy of Business Registration (A form) Copy of latest Business Registration Renewal (D form) Last 6 months bank statements Saving / ASB / ASN / Tabung Haji
– For Private / Public Companies, the followings are required:
Copy of NRIC of directors who sign the HP documents Copy of guarantor(s) NRIC Copy of Certificate of Incorporation (form 9) Copy of Memorandum & Articles (duly certified by Company Secretary) Copy of Form 13 for change of the company (if applicable) Copy of Form 24,44 and 49 (duly certified by Company Secretary) Board of Directors’ Resolution for Acceptance – to be submitted prior to disbursement Last 6 months bank statements – For Associations / Cooperatives, the followings are required:
Copy of NRIC of office bearers who sign the HP documents Copy of guarantor(s) NRIC Copy of Certificate of Registration Copy of Certificate of Rules & Regulations Empowerment to the office bearers or appointed committee to borrow and incorporating the authorized office bearers to execute all HP documents Last 6 months bank statements Saving / ASB / ASN / Tabung Haji
Do I have to provide a guarantor?
Anybody can be a guarantor as long as the person is more than 23 years of age, of sound mind, not a bankrupt and gainfully employed.