Alliance Bank CashVantage Personal Financing-i

  • Loan amount up to 5k-150k
  • Tenure 1-7 Years
  • Age 21-60 Years
  • Min Income 36k
  • Gov. Employee, GLC & Private sector
  • 48 hours

Borrow RM Monthly Repayment
RM


Interest Rate

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How Long
My monthly income
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Alliance Bank CashVantage Personal Financing-i

A flat rate unsecured Islamic Personal Loan with low monthly instalments, no processing fees, and super fast approval! Get your cash today with flexible financing tenure for up to 7 years.

 

  • Financing up to RM150k
  • Up to 7 years tenure
  • Unsecured Islamic Financing
  • 48 hours approval

 

Interest Rates

How much the bank charges you based on your loan amount & loan period

 

Financing Value               Financing Period       Your Income          Profit Rate

RM5000 – RM150000        12 to 84 months            min. RM36000        7.68% p.a.

 

Fees & Charges

There are always fees but how much are they?

 

Profit Rate / APR - As low as 7.68% p.a., depending on income and customer profile

 

Processing Fee - No Fee

 

Late Payment Charge -1% from current outstanding amount

 

Requirements

Are you eligible for this personal financing?

Minimum annual income - RM36000

Minimum age - 21 years old

Maximum age - 60 years old

 

Who can Apply

  • Malaysians
  • Permanent Residents

 

Frequently Asked Questions about Alliance Bank CashVantage Personal Financing-i

Things you might want to know

 

How much money can I borrow?

With CashVantage personal financing-i the amount you can borrow ranges from RM5,000 to RM150,000. Your repayment period is flexible between one and seven years.

 

What fees do I have to pay for the Alliance Bank CashVantage personal financing-i?

No extra processing fees are charged when you apply for Alliance Bank CashVantage. You will need to pay Government Stamp Duty and handling fee amount to 0.55% that will deducted from the total amount you borrow.

 

What documents I need to apply for this personal financing plan?

This is an unsecured personal loan so you will not need to provide a down payment or guarantor. To make an application you must provide supporting documents:

 

Salaried Employee

  • Copy of your MyKad (front and back)
  • Last 3 months payment slips or EPF statement
  •  

Self-Employed

  • Copy of MyKad (front and back)
  • Last 6 month's bank statements OR
  • Latest Form B from LembagaHasilDalamNegeri OR
  • Latest EPF form

 

How do I get the money?

Your application for CashVantage will be approved and disbursed within two to three working days after you've submit your completed documents. The money you are borrowing will be transferred to an account of your choice.

 

How do I pay the monthly instalments?

Be sure to make your repayments every month until the total borrowed amount has been repaid in full. Payments can be made conveniently using Inter-bank GIRO ( IBG), it is hassle-free and secure.

 

Can I pay my CashVantage loan off early?

You can finish paying for your loan early but you need to give three months notice of your intention to clear you debt before the due date. There are no penalties for early repayment and you will receive a rebate on the remaining unpaid instalments.

 

Why didn't I get the interest rates offered?

The interest rates are determined by Alliance Bank based on their approval conditions and your overall customer profile. Only select customers will be approved for the low rates offered. The bank may charge as high as 14.28% p.a. on your loan.