Personal Loan | 01 November 2021-30 November 2021
Features and Benefits
*Interest/profit rate of 3.60% p.a. is applicable after 60% Pay-On-Time Rebate on flat interest/profit rate of 9.00% p.a. for self-employed applicants with verified monthly income of RM5,000 and above.
**Interest/profit rate of 3.20% p.a. is applicable after 60% Pay-On-Time Rebate on flat interest/profit rate of 8.00% p.a. for self-employed applicants with verified monthly income of RM5,000 and above, and apply on weekends (Friday, Saturday and Sunday).
Interest/Profit Rate
Our rate is based on a flat rate basis
Verified Monthly Income | Flat Interest/Profit Rate | Applicable Pay-On-Time Rebate | Rate after Pay-On-Time Rebate |
|---|---|---|---|
RM2,000 – RM4,999 | 9.00% p.a. | 30% | 6.30% p.a. |
RM5,000 and above | 50% | 4.50% p.a. |
Are you a self-employed applicant? Get better Pay-On-Time Rebate rates on your total interest/profit for your approved facility amount!
Application Period | Verified Monthly Income | Flat Interest/ Profit Rate | Applicable Pay-On-Time Rebate (for self-employed applicant) | Rate after Pay-On-Time Rebate (for self-employed applicant) |
|---|---|---|---|---|
Weekdays (Monday-Thursday) | RM2,000 – RM4,999 | 9.00% p.a. | 40% | 5.40% p.a. |
RM5,000 and above | 60% | 3.60% p.a. | ||
Weekends (Friday - Sunday) | RM2,000 – RM4,999 | 8.00% p.a. | 40% | 4.80% p.a. |
RM5,000 and above | 60% | 3.20% p.a. |
(i) Effective interest/profit rate applicable to flat 9.00% p.a. vary from 15.71% p.a. to 16.43% p.a. depending on loan/financing tenures from 2 to 5 years.
(ii) Effective interest/profit rate applicable to flat 8.00% p.a. vary from 14.13% p.a. to 14.68% p.a. depending on loan/financing tenures from 2 to 5 years.
(iii) 0.50% of the Facility Amount will be deducted upon disbursement for stamp duty payable.
Enjoy up to 60% interest/profit rebate when you pay on time!
Assuming you are a self-employed applicant with a monthly verified income of RM5,000 who submitted an application on a weekday, and the applicable interest/profit rate is 9.00% p.a., with a total approved facility amount of RM100,000 for 5 years financing tenure and you qualify for 60% Pay-On-Time Rebate:
- Malaysian citizens aged between 21 and 60 years old
- Minimum annual income of RM24,000
- Minimum loan/financing amount is RM5,000
- Maximum loan amount is RM250,000 (RM150,000 for Financing-i)
- Facility tenure from 2 to 5 years
Visit your nearest branch today.
