Oriental Daily - CIMB launches 1 minute approve home loan service to promote the growth of loan

Senior Managing Director of CIMB, Vipin Agrawal said this facility is part of the group’s objective to leverage on digital and it is believes the group has raised the bar through the launch.

“The digital platform could facilitate complete home financing approval within a single minute upon the full submission of information and documents.”

Currently, eight developers are participating in the CIMB 1-Minute Home Financing InstaApproval, through total of 60 property projects.

The developers are Eco World Development Group Bhd, lJM Land Bhd, Properties Group Bhd, Mah Sing Group Bhd, Sime Darby Property Bhd, SP Setia Bhd, Tropicana Corp Bhd and UEM Sunrise Bhd. More developers and projects will be added to this platform in future.

This new platform is part of CIMB InstaApproval platform, which also facilitate applications for personal financing, Amanah Saham Bumiputera financing, and credit cards.