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How to Apply for Personal Loan in Malaysia? Typically you must be over 18 years old to qualify for personal loan application. There are various banks , financial institution and money lenders that offers financing services such as personal loan to borrowers. Requirements 18 Years old and above Posses a...
Have you ever wonder what will happen to your loan when you die? Will it be die off or will your loved ones end up paying for it on your behalf? It may seem not very important to you now but the lack of knowledge or understanding can cause your loved ones at the risk of being harassed by creditors. First of...
Citibank Personal Loan financing amount starts from as low as RM5000 up to as high as RM150000 Yearly interest stays fixed at 9% per annum flat rate The loan tenure starts from as low as 2 years up to as high as 5 years This Citibank Personal Loan is available to all Malaysian citizens or permanent...
*What is ECOF-i ? ECOF-i is the short abbrevation of Islamic Effective Cost of Fund. This is the terms used by MBSB which is equipvalent to Base Rate or Base Lending Rate MBSB Personal Financing-i (PF-i) is a personal loan that is catered for private sectors. Previously, MBSB personal loan is only available...
Ambank Personal Financing-i is a Shariah compliant personal loan that requires no collateral and guarantor. Personal Financing-i is based on Bai Inah islamic banking concept. As for public sector loan, Personal Financing feature a low 3.30% p.a flat rate loan, the effective rate of the loan would...
Bank Rakyat Personal Financing-i Aslah Swasta is an Islamic compliant personal product that is catered for private sector. The loan is based on Shariah, Tawarruq concept. Typically Bank Rakyat personal loan is popular among public sector however this package is specially catered for private...
When it comes to Islamic Personal Loans, many people have wondered how different it is from the conventional type of personal loans. Check out below to learn more about how an Islamic Personal Loan works in Malaysia. Basics of Islamic Banking As a banking system that strictly adheres itself to Syariah...
CCRIS (Central Credit Reference Information System)is actually a credit database system that is maintained by Bank Negara. Every able Malaysians, businesses and companies will have their credit information updated to CCRIS. All participating financial institutions will have access to this database to...
HSBC Amanah Personal Financing-i is a Shariah compliant personal loan product from HSBC. Although being Shariah, this loan is open to all races and religions. This personal loan requires no collateral and guarantor. This loan features a minimum 10.5% p.a flat interest rates and a 2 to 5 years maximum...
Standard Chartered Cash One is an unsecured personal loan that requires no guarantor and collateral. This loan features a 24 approval processing with financing from RM 1,000 to a maximum of RM 150,00,00 financing. You will need to apply a Standard Chartered Platinum credit card before you are...
BSN is now offering personal loan to private sector personnel. Previous, BSN personal loan is only limited to selected public listed companies and professionals with proof of qualifications. BSN Personal financing allows from RM 10,000 up to RM 200,000 with maximum 10 years of repayment...
AEON Personal Financing is a personal loan package from AEON credit services Malaysia. This loan is Shariah compliant. AEON Personal Financing requires no guarantor, collateral and security deposit. You can finance yourself from RM 1,000 to RM 100,000 with iCash. The interest rates starts at 1.2% per month...
CIMB Cash Plus is one of the popular personal loan from CIMB Bank. This loan requires no guarantor nor collateral however there is only a maximum 5 years of repayment period. The flat interest rates will depends on the loan amount which starts from 13.38% to as low as 6.88%. At 13.38% Flat rate, the...
Maybank Personal loan is a non-shariah compliant loan that allows you to finance from RM 5,000 up to RM 100,000 from 2 to 6 years of repayment period. Maybank Personal loan interest rates will vary depending on amount borrowed. There are few tiers of interest rates available. The highest amount of interest...
Amanah Saham Nasional or ASN in short, is known to be the first and largest unit trust schemes in Malaysia. It was initially launched back in April 1981 by the country’s third Prime Minister, Yang Amat Berbahagia Tun Dato Hussein Onn. The idea to establish such a unit trust scheme came from Tan Sri...
BR1M is a scheme that was established by the Malaysian Government to help the poor. This scheme was first established in 2012. The basic concept behind BR1M scene is to provide financial help to the families and individuals who has low monthly incomes so that they can fight against the living costs that are...
Sahabat Agro is a marketing programme that is based on the concept of membership, refer and reward by Agrobank. It is also compliant with an Islamic Shariah principle known as Hibah Muallaqah, condition grants. Benefits of Sahabat Agro According to Agrobank’s official website, the benefits of joining...
RHB Bonus Saver is a high paving interest rates account from RHB Bank. This saving account features as high as 2.75% p.a interest rates however it comes with certain conditions. How do I get the max from this saving account ? Base rate The base rate of the saving account starts from a meagre 0.25% p.a. This...
What is OCBC 360 ? OCBC 360 is a high interest savings account from OCBC bank that offers rate as high as a maximum of 4.10% p.a. comparative to OCBC Smartsavers, Maybanks Savers-i and RHB Bonus savers. So whats the catch? Conditions that must be fulfilled At 4.1% p.a. this is perhaps on of...
What is Savers-i ? Maybank2u Savers-i is an online savings account that pays a much higher interest rates compared with conventional savings account. In this article we will go through the details, benefits and disadvantage of Savers-i account. Savers-i offers higher interest rates compare to normal saving...