Personal Loan/Financing-i | 01 January 2024-31 March 2024
*Interest/profit rate of 3.60% p.a. is applicable for self-employed customers with a verified monthly income of RM8,000 and above, who are eligible for 60% Pay-On-Time Rebate on flat interest/profit rate of 9.00% p.a.
Interest/Profit Rate
Our rate is on a flat rate basis
Salaried Segment
Verified Monthly Income |
Flat Interest/Profit Rate |
Applicable Pay-On-Time Rebate |
Rate after Pay-On-Time Rebate |
|---|---|---|---|
RM2,000 – RM7,999 |
9.50% p.a. |
20% |
7.60% p.a. |
RM8,000 and above |
60% |
3.80% p.a. |
Self-employed Segment
Verified Monthly Income |
Flat Interest/ Profit Rate |
Applicable Pay-On-Time Rebate |
Rate after Pay-On-Time Rebate |
|---|---|---|---|
RM2,000 – RM7,999 |
9.00% p.a. |
20% |
7.20% p.a. |
RM8,000 and above |
60% |
3.60% p.a. |
(i) Effective interest/profit rate applicable to flat rate of 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 rate of 9.50% p.a. vary from 16.50% p.a. to 17.29% 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!
For example, you are a salaried customer with verified monthly income of RM8,000 and above. The applicable interest/profit rate is 9.50% p.a. and your total approved facility amount is RM100,000 for a financing tenure of 5 years. You also qualify for 60% Pay-On-Time Rebate. The above example is illustrated below:
- Malaysian citizens aged between 21 to 60 years old
- Minimum annual income of RM24,000
- Minimum loan/financing-i amount is RM5,000
- Maximum loan amount is RM250,000 for Personal Loan and maximum financing amount is RM150,000 for Personal Financing-i
Click I’m Interested and leave your contact details. We will contact you within 48 business hours.