Personal Financing-i Package
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Normal Rates for Package
Benefits & Features
Features Financing Quantum
- Based on eligibility limit and subject to minimum amount of RM10,000 and maximum amount of RM400,000
Payment Period
- Maximum of 10 years (120 months) or up to the retirement age, whichever is earlier
Financing Rate Offer
Financing Rate Offer for Package Government|
Type of Coverage |
Tenure |
Floating Rate |
|---|---|---|
| With Takaful | 1 – 3 years | SBR + 2.43% = 5.18% |
| 4 – 10 years | SBR + 2.50% = 5.25% | |
| Without Takaful | 1 – 3 years | SBR + 4.40% = 7.15% |
| 4 – 10 years | SBR + 6.30% = 9.05% |
Financing Rate Offer for Package Non-Government
|
Type of Coverage |
Tenure |
Floating Rate |
|---|---|---|
| With Takaful | 1 – 3 years | SBR + 2.43% = 5.18% |
| 4 – 10 years | SBR + 2.85% = 5.60% | |
| Without Takaful | 1 – 3 years | SBR + 4.40% = 7.15% |
| 4 – 10 years | SBR + 6.30% = 9.05% |
Note: Current Standard Base Rate (SBR) is 2.75% p.a (Effective 10 July 2025)
Takaful Coverage
- Personal Financing Takaful Plan – Optional
Benefits
- Competitive rate
- No hidden charges
- No guarantor is required
- No deposit
- No processing fee
- Flexible financing tenure
- Selling price – fixed and known
- Fast approval
Eligibility & Requirements
Eligibility
- Applicant must be 18 years and not exceeding the retirement age at the end of payment period
- Malaysian citizen
- Earning a minimum fixed income of RM2,000 per month
- Earning a minimum fixed income of RM8,000 per month for financing above RM300,000
- Applicant must be a continued employee in any of the following:
- Government Sector
- Selected Public Listed Companies
- Subsidiaries of Government or Selected Public Listed Company
- Other Prominent Private Limited Companies as categorized under package companies listed by Bank Islam
Documents Required
- A copy of identity card
- Latest 3 months’ salary slip
- Latest employer’s confirmation letter
- Latest 3 months Bank Statements of salary crediting account
- Latest income tax form (Form B or Form EA/EC) or any other latest supporting document such as EPF statement (or both if required)
Payment Method
- Salary Deduction
- Salary Transfer to Bank Islam with Auto-debit Instruction
Fees & Charges
Product Disclosure Sheet
Click here to download Product Disclosure Sheet effective on 1 May 2024
Klik di sini untuk muat turun Lembaran Maklumat Produk berkuatkuasa 1 Mei 2024
Terms & Conditions
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