Bank Islam Personal Financing-i (Non-Package)
An unsecured Islamic personal loan of up to 10 years for private sector under listed companies.
What's so great about Bank Islam Personal Financing-i (Non-Package)?
Product Features
Min. financing amount |
RM10,000 |
Max.financing amount |
RM150,000 |
Min. loan tenure |
1 year |
Max. loan tenure |
10 years |
Islamic/Conventional |
Islamic |
Interest rate |
4.5 per annum |
Approval duration |
Up to 5 business days |
Debt consolidation |
No |
Fees & Charges
One time set up |
|
Processing fee |
N/A |
Stamp duty |
As per Stamp Duty Act 1949 (Revised 1989) |
Disbursement & misc. fee |
N/A |
Penalties |
|
Early settlement |
N/A |
Late payment charges |
1% on outstanding loan amount |
Eligibility
Age requirement |
Age 18 - 60 |
Employment eligibility |
Private sector under listed companies. |
Min. salary requirement |
RM2,612.00 per month |
Guarantor / Collateral requirement |
N/A |
Other Requirements
Need to open linked banked account? |
Optional |
Need to buy Takaful product? |
Yes |