There are no fees/charges upon HP application. However, if a customer does not pay the agreed monthly repayment amount, fees and charges may apply as per prevailing Schedule of Tariffs. Baiduri Finance Schedule of Tariffs can be downloaded from the Download Centre on Baiduri’s website.
Yes, insurance coverage is mandatory. You are required to keep the vehicle insured until full payment of the Hire Purchase is completed (refer to BFB HPA Clause 3.n and Section 25 of HP Order 2006). With a HP account, Baiduri Finance can renew insurance on a yearly basis upon your discretion.
Visit the nearest Baiduri Finance branch:
BAIDURI FINANCE HEAD OFFICE
Units 1 – 3, Ground & 1st Floor,
Sumbangsih Bahagia, Kompleks Perindustrian Beribi, Gadong BE1118
Tel No: (673) 244 9666 ext 3
Fax No: (673) 245 0877
BAIDURI FINANCE KUALA BELAIT
Unit 1, Ground Floor, Tang Ching Ying Building,
Jln Sungai, Kuala Belait KA2331
Tel No: (673) 333 0570 / 333 0569 / 334 1436
Fax No: (673) 333 0572
If you require further information on this product, please visit our nearest Baiduri Finance branch or call our Baiduri Finance Helpdesk at 2449666 Ext. 3. You may also visit our website at www.baiduri.com.bn/baiduri-finance or download our Baiduri Finance mobile application on the Apple App Store or Google Play.
Consumer Loan
Baiduri Finance HP Online is a digital platform where you can apply for Hire Purchase Financing either from the comfort of your home with a touch of a button or at selected motor dealers and Baiduri Finance merchants.
Visit Baiduri Finance HP Online at https://hp-online.baiduri.com.bn/coweb/
Baiduri Finance HP Online is currently available for Baiduri Finance applications on New and Used Vehicles, Boat, Motorcycle, Tender, and Loan Transfer.
Simply follow the easy steps below:
Step 1: Log on to the Baiduri Baiduri Finance HP Online platform at https://hp-online.baiduri.com.bn/coweb/
Step 2: Fill in the required details and upload supporting documentation
Step 3: Once done, submit your application
Note:
A notification will be sent to you via Email and SMS for any updates. Any application received after 4.30pm or during non-working hours will be processed the next working day.
Approval is granted within 1-3 working days subject to the validity and completeness of supporting documents, credit assessment and cut-off time.
An SMS or email notification will be sent to you. We will provide you with a QR Code and Reference Number with your approved full loan entitlement.
Simply bring your QR code to your selected Motor Dealer, any of our merchants and/or at Baiduri Finance between you and your prospect to make your purchase. Please note that the validity of the approval is 14 days only.
No, your loan approval is for one-time purchase only. You would need to reapply from HP Online to get your new maximum loan entitlement to make another purchase.
The remaining balance will be deducted from the approved loan amount and only the utilized amount will be processed for drawdown. Should you wish to do another purchase, the same Baiduri Finance HP Online application process applies.
baiduri finance consumer loan
The interest rate offered is 7% flat rate p.a. with a tenor stretching from 6 months to 60 months.
The financing amount ranges from a minimum of BND500 to a maximum of BND20,000.
Any Brunei Citizens and Permanent Residents of 18 years old and above who meet the Total Debt Service Ratio (TDSR) requirement are eligible to apply.
Yes, and theres no need to assign your salary to apply for Hire Purchase including Customer Loan.
To apply for CL, you need to submit valid identity card, your latest 3 months’ salary slips, your latest 3 months bank statement and quotation of the consumer goods from one of our affiliated vendors.
Simply apply via Baiduri Finance HP Online at [https://hp-online.Baiduri.com.bn/coweb/] and select CL as your loan type. You will be required to complete the application form and upload all required documents. Once your application is approved, you will receive a SMS notification with a reference number. Alternatively, you may also obtain a QR code from ‘Account Status Enquiry’ on HP Online.
If you are not able to apply for CL via HP Online, you may bring all the required documents to any of our affiliated vendors or dealers (https://www.baiduri.com.bn/baidurifinance/financing/consumer-loan) and they will take you through the process.
Applications with complete documentation submitted before 12am will be processed the next working day. In certain cases, it might take longer if additional information is required.
Present your CL reference number or QR code to purchase your bicycle, all-terrain vehicle or any car related products and services at any of our affiliated vendors or dealers. Please note that the reference number and/or QR code can only be used once and expires 14 days from the date of approval.
Your application reference number or QR code can only be used once, and it expires 14 days from the date of approval. If you wish to cancel your application before the approved loan amount is credited to your account, no cancellation fee applies.
There are multiple ways for making repayments including:
Insurance/takaful coverage is not mandatory. However, for added peace of mind, you may opt to insure and protect your loan with coverage against Death and Total Permanent Disability (TPD), which can be availed from our insurance panel or your preferred insurance provider.
Multi-Rate Savings Account is a Baiduri Finance savings account created for you to regularly set a portion of your salary aside and earn high interest rates for every dollar you save.
Interest is calculated daily based on your account balance and will be credited to your account every month.
Multi-Tier Savings Account is a Baiduri Finance savings account with competitive tiered interest rates, where the profit payable grows with your average monthly balance in the account.
Interest is calculated daily based on your account balance and will be credited to your account every month.
An account can only be opened when requirements are met.
You can visit the nearest Baiduri Bank or Baiduri Finance branch to you.
Individual
The interest profit is not payable upon early withdrawal.
You can access information about our Hire Purchase Vehicle Financing, Accounts & Deposits, Accounts Services, Baiduri Finance Auto Direct Card, latest promotions and events, and many more.
It is free to download.
No. Anyone with a smart phone that meets the minimum operating system requirements can use Baiduri Finance Mobile Application.
Registration is required only if you intend to make payments and perform online submissions via Baiduri Finance Mobile. You can view product and service information without registration.
Your User ID is your registered mobile number by default. If you forget your password, simply clicks on "Forgot Password?" and follow the steps.
You can make changes for your profile details under Settings.
Your profile details are only visible to you and Baiduri Finance Mobile Application admin team.
Ensure you have the correct Vehicle Registration No. and Hire Purchase Account No. when making payments via Baiduri Finance Mobile. You will also need a valid card to complete the payment process.
You can pay with your Baiduri Debit Card or any Credit Card issued by other banks. You are not allowed to pay with a Credit Card issued by Baiduri Bank.
Your payment will be credited into your Hire Purchase account on the same day if submitted before 4pm during weekdays and 11am on a Saturday. Payments received after 4pm during weekdays, 11am on a Saturday and on a non-working day will be processed the next working day.
You will get an SMS notification once your payment is credited into your Hire Purchase account.
Please visit your nearest Baiduri Finance branch for assistance or call Baiduri Finance Helpdesk at 2449666 ext 3.
At this time, you can only access your Hire Purchase account via Baiduri Personal i-Banking and Personal i-Banking Mobile App.
Yes.
Yes. You can select multiple vehicles and proceed to make an offer.
You can review the status of all your tender submissions under "My Tenders". You will also get an SMS notification if your tender is successful.
You can start using it three (3) working days after collection.
No statement will be issued. Your Hire Purchase payment history can be viewed online through Baiduri b.Digital Personal app or web.
No, the service is only available in Brunei Darussalam.
Customer needs to visit nearest Baiduri Finance Branch to sign the Card Cancellation form.We will transfer any remaining credit balance to your bank account or credit the amount into your HP account.
Call Baiduri Finance Helpdesk at 2449666 ext 3.
No. The card, however, can only be used in a cash deposit machine. It will require a PIN if used in a withdrawal-only machine. If this occurs, cancel the transaction, and proceed to the cash deposit machine.
baiduri mastercard auto direct prepaid card
No statement will be issued. However, you can view your statement online via Baiduri b. Digital Personal.
Your bonus points will be converted to dollar value and credited back into your Baiduri Mastercard Auto Direct Prepaid Card. If you register your card under Baiduri b. Digital Personal, you can check your bonus points balance online.
You will earn bonus points for every payment transaction made with the card.
You can make your Hire Purchase payment via any Baiduri ATM. Better yet, you can automate your Hire Purchase payments so the amount due can be deducted automatically from you card monthly. You will need to ensure there are sufficient funds in your card for that.
Alternatively, you can also pay via Baiduri b. Digital Personal by selecting the “Bill Payment by Card”, or via Baiduri Finance Mobile Application which accepts payment with any locally issued card.
Simply visit your nearest Baiduri Finance or Baiduri Bank branch and complete the Card Instruction Form to link another Hire Purchase account.
Yes, if the ATM displays the Mastercard/Maestro/Cirrus logo.
Your credit balance will be deducted in Brunei Dollar, irrespective of where the cash withdrawal is made.
Yes. There is a BND3 fee for each cash withdrawal through a non-Baiduri ATM.
You can perform daily top-ups of up to BND5,000. Top-up amounts of BND1,000 and above must be done over the counter.
Yes, your card balance must not exceed BND10,000.
There is no minimum top-up value.
You can top-up your card at any Baiduri Bank branch or Cash Deposit Machine (CDM) located at our branches or other off-site locations. If you have a Baiduri Bank account and your card is registered in Baiduri b. Digital Personal, you can also top-up online.
No, but you must always maintain a minimum balance of BND10 in your card. This amount cannot be withdrawn or used.
If you have a Baiduri Bank account and your card is registered in Baiduri b. Digital Personal, you can top-up online. Alternatively, you can appoint a representative such as a family member to top-up on your behalf at the nearest Baiduri Bank branch or CDM.
If you intend to use your card when you travel, please ensure there are sufficient funds in your card.
If your card is registered in Baiduri b. Digital Personal, you can check your credit balance online. Alternatively, you can check your card balance at any ATM carrying the Mastercard/Maestro/Cirrus logo.
No, you must ensure that there is sufficient balance in your Baiduri Mastercard Auto Direct Prepaid Card as this card is not linked to a bank account. Neither does it offer credit like a credit card.
For lost card reports, please call 244 9666.
Upon verifying that your card has been lost/stolen, we will transfer any remaining credit balance to your new card. A replacement fee will apply.
For any enquiries about your card, please call our 24-hour Customer Helpline at 244 9666. For Hire Purchase account related enquiries, please call Baiduri Finance at 242 6800.
The total motor insurance premium is calculated based on the standard yearly Non-claim Discount (NCD). If the Hirer makes a claim on his or her policy where the insurer pays out at any time during the subscription period, the Hirer will generally lose some, or all, of the NCD and the motor insurance premium will increase. Any amount above the quoted motor insurance renewal premium will be charged to the Hirer’s HP account.
Should you decide to settle your HP account before your subscription period is over, the excess amount will be refunded to you. However, any excess amount at the end of the subscription period is non-refundable.
If you cancel your subscription without full settlement of your HP account, a penalty fee of BND100 will be charged to your HP account for every year remaining on your subscription.
If you renew your motor insurance and road tax on your own, the total amount payable for the year under the subscription will be forfeited.
Baiduri Finance HP Care Insurance Instalment Plan allows Hirer to convert their insurance premium to 0% Interest Instalment Plan with a tenor stretching from 3 to 6 months. A minimum deposit of 40% of the premium price upon approval of instalment plan and BND30 administrative fee will be charged.
Submit your tender via Baiduri Finance Mobile Application and you will be notified if your tender is successful.
You may pay for your tendered vehicle by cash, cheque, or credit/debit card.
Yes.
Individual
Individuals and Businesses can apply for a secondhand vehicle with Baiduri Finance. Your total monthly financial obligations including the proposed HP monthly instalment amount should not exceed 60% of your total monthly net salary.
Foreigners with a valid employment pass of not less than 3 months are eligible to apply for a secondhand/ used car with Baiduri Finance.
Yes, it is the same, up to 4.75% Per Annum Interest rate but at a maximum of 5 years loan tenure only.
No deposit/ down payment is required. It all depends on the evaluation of the vehicles.
For secondhand vehicles, the maximum repayment period will depend on the year of registration, car condition and market value of the car.
For individual
Yes, all documents are required to be signed prior to submission.
2nd and 3rd year motor Insurance and takaful coverage is compulsory when applying for a Hire Purchase on secondhand vehicles.
Important update
Important notice: Our Business i-Banking service will be deactivated soon. To ensure continued access and a smooth transition to the new Baiduri b.Digital Business, please provide your full name, IC, email address and mobile number via Business i-Banking Inbox. If we do not receive updated details from all authorised users, your company will not be migrated to the new platform and a fresh application will be required. For assistance, contact us at [email protected] or call 2268 637/8/9 during business hours. Thank you for your cooperation.
Important notice: We have updated the Baiduri b.Digital Personal mobile app on 21 August 2023.
