Personal Loan/Financing-i | 01 July 2023-30 September 2023
*Applicable with verified monthly income of RM8,000 and above.
Interest/Profit Rate for Online Applications
Our rate is on a flat rate basis
Verified Monthly Income |
Flat Interest/Profit Rate |
Facility Tenure |
|---|---|---|
RM2,000 – RM7,999 |
7.50% p.a. |
2 to 5 years |
RM8,000 and above |
5.50% p.a. |
Note: The effective interest/profit rates vary as follows for loan/financing-i tenure from 2 to 5 years:
(i) Flat interest/profit rate 5.50% p.a.: Effective interest/profit rates vary from to 10.01% p.a. to 10.23% p.a.
(ii) Flat interest/profit rate 7.50% p.a.: Effective interest/profit rates vary from to 13.32% p.a. to 13.80% p.a.
(iii) 0.50% of the facility amount will be deducted upon disbursement for stamp duty payable.
Illustration of Instalments
For example, you are an applicant with a verified monthly income of RM8,000 and above and you apply online via the Bank’s Website. The applicable interest/profit rate is 5.50% p.a. and your total approved facility amount is RM100,000 for a financing tenure of 5 years. The above example is illustrated below:
- Malaysian citizens aged between 21 to 60 years old
- Minimum annual income of RM24,000
- Minimum loan/financing amount is RM5,000
- Maximum loan amount is RM250,000 and maximum financing amount for Personal Financing-i is RM150,000
- Exclusively for online applications
