Personal Financing-i 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 With Takaful Coverage

Floating Rate (Current Standard Base Rate [SBR])

1-3 years : SBR + 2.18% p.a (Profit is calculated on a daily basis based on “Monthly Rest”)
4-10 years : SBR + 2.25% p.a (Profit is calculated on a daily basis based on “Monthly Rest”)

Package Non-Government

4-10 years: SBR + 2.60% (Profit is calculated on a daily basis based on “Monthly Rest”)

Note: Current Standard Base Rate (SBR) is 3.00% p.a. (Effective 5 May 2023)

Financing Rate Offer Without Takaful Coverage

Floating Rate (Current Standard Base Rate [SBR])

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: Current Standard Base Rate (SBR) is 3.00% p.a. (Effective 5 May 2023)

Takaful Coverage

Benefits

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