Published on June 11th, 2020 | by Amirul Mukminin


UMW Toyota Launches Special Term Financing for Graduates

Graduates looking to purchase a new car can now take advantage of the Murabahah Vehicle Term Financing-i (MVTF-i) offered by UMW Toyota Motor in collaboration with Maybank Islamic Berhad.

This financing package offers a combined amount of up to 100% with takaful contribution of Takaful bundling and includes other costs such as legal fees and stamp duty.

Available for the Vios, Yaris and Avanza, the financing is up for grabs for degree holders aged between 21 and 30 with an earning of at least RM3,000 a month, with the minimum employment period of six months.

Those who earn less than RM3,000 but more than RM2,000 a month may also apply on the condition that their parents (as guarantors) have a household income of at least RM5,000. This also applies to those with less than six months of employment.

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Check out the press release for more information:


UMW Toyota Motor Sdn Bhd (UMWT) is pleased to announce that, in collaboration with Maybank Islamic Berhad, a special financing package is now available to graduates who wish to purchase a new Toyota Vios, Yaris or Avanza.

The Murabahah Vehicle Term Financing-i (MVTF-i), in accordance with the Murabahah principles, will provide an additional financing option to the graduates besides the Islamic Hire-Purchase (HP) financing in accordance with Al Ijarah Thumma Al-Bai (AITAB). This financing package is only available in Peninsular Malaysia.

Murabahah financing also follows Islamic financing principles and the combined amount financed can be up to 100% with takaful contribution of Takaful bundling and other costs (legal costs, stamp duty, etc).

“At UMW Toyota Motor, we are always looking for the best ways to work with our business partners for our customers to own a brand new Toyota vehicle. With this new financing package, graduates will be able to acquire a Toyota Vios, Yaris or Avanza as the financing package helps to make the down payment more affordable. The support we offer will also make the ownership experience enjoyable for many years to come,” said Ravindran K., President of UMW Toyota Motor.

The financing is available to graduates (degree-holders) who are aged between 21 and 30 years old and are currently employed. They should be earning at least RM3,000 a month and have been employed for a minimum of 6 months. For those with less than 6 months of employment, their parents can act as guarantors (subject to Terms & Conditions).

Should their income be less than RM3,000 but more than RM2,000, it is still possible to apply for the financing package provided their parents (as guarantors) have a household income of RM5,000 or more.

The Toyota Vios, Yaris and Avanza are among the best-selling in the non-national segment in the Malaysian market. Their compact size, ease of driving, economical performance from its 1.5-litre engine, and low cost of maintenance make it ideal for those who are just starting out in the working world and require personal transport to get around. They also come with most advanced features such as Blind Sport Monitor (BSM) with Rear Cross Traffic Alert (RCTA), Digital Video Recorders (DVR), etc.

For peace of mind, the Manufacturer’s Warranty is for 5 years – with no limit on mileage travelled. Additionally, if insurance coverage is purchased from UMW Toyota Motor’s Authorised Dealers, owners receive free membership to 24SEVEN Road Assist breakdown and emergency service assistance available 24 hours a day, 7 days a week.

Available for viewing and test-drives at Toyota showrooms nationwide today. For more information, customers can visit any authorised Toyota dealer or the Toyota Malaysia website at

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