Tuesday, 2 August 2011

Personal Financing-i (Personal Loan) @ Bank Islam for Private Company


Financing Quantum
  • Based on eligibility limit and subject to minimum of RM10,000 and maximum amount of RM150,000
  • Financing RM30,000 and below – without guarantor
  • Financing more than RM30,000 – one guarantor
Payment Period
  • Maximum 120 months (10 years) or up to the retirement age, whichever is earlier
Profit Margin
  • 1 - 3 years : 6.0% p.a. (Flat)
  • 4 - 8 years : 6.8% p.a (Flat)
  • 9 - 10 years : 7.0% p.a. (Flat)  
Advance Payment
  • Equivalent to 2 months installment (if applicable)

  • 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 RM3,000 per month
  • Applicant and/or guarantor must be a continued employee in any of the following:
    • Government Sector
    • Public Listed Companies
    • Subsidiaries of Government or Public Listed Company
  • Total deduction must not exceed 40% from the gross salary or if inclusive of house deduction, it must not exceed 65% of deduction

Takaful Coverage
  • Personal Financing Takaful Plan
Wakalah Fee
  • RM50.00 - For being the customer's agent to sell commodity to the Broker

Documents Required 

  • A copy of identity card
  • Latest 3 months' salary slip
  • Latest employer's confirmation letter
  • Latest income statement (Form B/eBE/ EA/EC)
  • Latest 3 months Bank Statements of salary crediting account
Payment Method

  • Salary Deduction
  • Salary Transfer to Bank Islam with Auto-debit Instruction
  • Standing Instruction

  • Competitive rate
  • No hidden charges
  • No guarantor is required
  • No deposit
  • No processing fee
  • Flexible financing tenure
  • Selling price – fixed and known
  • Fast approval
Call 0172121978 / azawawi@bankislam.com.my  for more info.

to check your company under which package please sms Full Name of your Company + Company Registration NO to :- 0172121978 / azawawi@bankislam.com.my or 0172121939 / farizaad@bankislam.com.my

1 comment:

  1. I have read this post. This post is a nice one that similar to loans in chennai , personal loans in chennai , home loans in chennai . That I will inform about your post to my friends and all the best for your future post..