Personal Financing-i Package

Apply now  

Benefits & Features

Features Financing Quantum

  • Based on eligibility limit and subject to minimum amount of RM10,000 and maximum amount of RM300,000

Payment Period

  • Maximum of 10 years (120 months) or up to the retirement age, whichever is earlier


Financing Rate Offer With Takaful Coverage


Floating Rate (Base Rate [BR])

  • 1-3 years : SBR + 2.67% p.a (Profit is calculated on a daily basis based on “Monthly Rest”)
  • 4-10 years : SBR + 2.77% p.a (Profit is calculated on a daily basis based on “Monthly Rest”)

Note : SBR (effective 4 November 2022) is 2.75% p.a


Financing Rate Offer Without Takaful Coverage


Floating Rate (Base Rate [BR])

  • 1-3 years : SBR + 4.15% p.a (Profit is calculated on a daily basis based on “Monthly Rest”)
  • 4-10 years : SBR + 6.05% p.a (Profit is calculated on a daily basis based on “Monthly Rest”)

Note : SBR (effective 4 November 2022) is 2.75% p.a


Package


Financing Rate Offer With Takaful Coverage


Flat Rate

  • 1-3 years: 4.20% p.a. (Profit is calculated on a monthly basis based on ‘Sum of Digit”).
  • 4-10 years: 4.35% p.a. (Profit is calculated on a monthly basis based on ‘Sum of Digit”).

Note : Profit is calculated on a monthly basis based on “Sum of Digit”


 


Financing Rate Offer Without Takaful Coverage


Flat Rate

  • 1-10 years: 5.99% p.a. (Profit is calculated on a monthly basis based on “Sum of Digit”).

 


Advance Payment

  • Equivalent to 2 months installment

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
  • 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

RM50.00 – For being the customer’s agent to sell commodity to the Broker

 

Product Disclosure Sheet

Terms & Conditions

Apply now