MBSB Personal Financing Afdhal-i

  • Loan amount up to 300k
  • Tenure2-10 Years
  • Age 21-60 Years
  • Min Income 24k
  • Gov. employee and private sectors
  • A few business days

Borrow RM Monthly Repayment
RM


Interest Rate

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How Long
My monthly income
As a

MBSB Personal Financing Afdhal-i

Never miss out on your repayments with automatic salary deductions. Get special rates for government and private sector employees only with MBSB!

    • Financing up to RM400k
    • Up to 10 years tenure
    • Unsecured Islamic Financing

 

Interest Rates

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

 

Financial Value         Financing Period          Your Income          Profit Rate

Up to RM400000      24 to 120 months         min. RM24000     4.4% p.a.

 

Fees & Charges

There are always fees but how much are they?

 

Profit Rate / APR - As low as 4.4% p.a., depending on financing amount and period

Late Payment Charge - 1% from current outstanding amount

Mode of Payment - You must pay your financing installment by salary deduction.

 

Requirements

Are you eligible for this personal financing?

Minimum annual income - RM24000

Minimum age - 19 years old

Maximum age - 60 years old

Who can Apply

  • Malaysians
  • Contract Government employee
  • Public Listed Company employee
  •  

Frequently Asked Questions about MBSB Personal Financing Afdhal-i

Things you might want to know

What is MBSB Personal Financing Afdhal-i all about?

This is a special Islamic personal loan that is offered specially for selected employee from both government and private sectors.

 

What's great abut tihs financing solution is that you won't need to worry about the late repayment whereas this personal financing allows salary deduction. However, this can only be done if the company that you working with has made an arrangement with MBSB - do check with your boss or HR manager!

 

Is there any other ways to make repayment?

Besides the salary deduction, the monthly instalment can be made via Biro Angkasa (Biro) or Accountant General (AG).

 

How much can I borrow?

The maximum borrowing amount is up to RM400,000 depending on your eligibility. The financing period is between 2 to 10 years. If the repayment period is shorter, you can enjoy lower rate from 4.5% p.a..

 

So, who can apply for this personal financing?

MBSB Personal Financing Afdhal-i is open to all Malaysians aged between 19 and 60 years old.

 

Do I need a guarantor?

Nope, you allowed to apply for the MBSB Personal Financing Afdhal-i without appointing a guarantor or collateral.

 

Does MBSB Personal Financing Afdhal-i offer Takaful coverage?

Yes, MBSB offers Group Credit Family Takaful (GCFT) as an optional coverage. It's your choice if you want this extra protection.

This takaful insurance protects you from outstanding repayment in the case of death or total permanent disability.