Tuesday, 2 August 2011

Personal Financing-i (Personal Loan) @ Bank Islam for Bankers


Financing Quantum
Based on eligibility limit and subject to minimum of RM10,000 and maximum amount of RM150,000
Financing RM50,000 and below – without guarantor
Financing more than RM50,000 – one guarantor
Payment Period
Maximum 84 months (7 years) or up to the retirement age, whichever is earlier
Profit Margin
1 - 5 years : 6.0% p.a. (Flat)
6 - 7 years : 6.5% 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 RM2,800 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
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 or 0172121939 / farizaad@bankislam.com.my for more info.

1 comment:

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