Personal Loan/Financing-i Recharge 2020 Connect Exclusive

Interest /Profit Rate

Our rate is on a flat rate basis

Facility Amount	Flat Interest/Profit Rate	Facility Tenure
RM5,000 – RM250,000 (up to RM150,000 Personal Financing-i)	6.00% p.a.	2 to 5 years

Facility Amount

Flat Interest/Profit Rate

Facility Tenure

RM5,000 – RM250,000

(up to RM150,000 Personal Financing-i)

6.00% p.a.

2 to 5 years

Note: Effective interest/profit rates vary from 10.85% p.a. to 11.13% p.a. depending on loan/financing-i tenures from 2 years to 5 years.

0.50% of the facility amount will be deducted upon disbursement for stamp duty payable.

Illustration of Instalments

Assuming your total approved facility amount is RM5,000 with 5 years financing tenure:

Refer to the below for the Fees and Charges applicable to Personal Loan/Financing-i.

For more information, you may refer to our Product Disclosure Sheet available here for Personal Loan or here for Personal Financing-i.

Description/Service	Charges/Fees*
Stamp Duty Fee	0.50% of the disbursed facility amount for every approved facility.
IBG Fee	A nominal fee of RM2 will be charged on every Interbank Giro (“IBG”), if any.
Late Payment Charge (applicable to Personal Loan)	1.00% p.a. on the arrears of outstanding for each facility (daily rest basis).
Early Settlement	No charges/fees to be imposed provided 3 months’ written notice is given to the Bank prior to the early settlement. Otherwise, payment of 3 months’ interest on the amount redeemed is applicable. (For Personal Financing-i, payment in lieu of notice is not applicable – customers are required to provide 3 months’ written notice should they opt for early settlement).
Compensation Charges (applicable to Personal Financing-i)	For default payment during facility tenure = 1.00% p.a. on the overdue instalment amount. For default payment causing the facility to be terminated or brought to court = 1.00% p.a. on the outstanding balance (outstanding principal plus accrued profit). For default payment after expiry of facility tenure = BNM Islamic Interbank Money Market (“IIMM”) rate on the outstanding balance (outstanding principal plus accrued profit). For default payment post judgment = IIMM rate on the basic judgment sum.