OCBC Bank

OCBC Bank offers additional financial support on top of your housing loan. Access up to RM150,000 for personal use, tailored to your needs. Click to apply and secure the funds you need today

Empower Your Financial Journey: Suite of Products

Unleash Your Wealth Potential

Discover how OCBC’s extensive range of financial products can empower you to grow your wealth and provide assistance at every stage of your life. From Deposits to Financing, Investment, and Takaful, OCBC offers comprehensive solutions to meet your diverse needs and aspirations.

Personal Financing

OCBC’s personal loan is meticulously crafted to cater to all your financial requirements, providing a seamless borrowing experience. As a global banking leader, OCBC ensures accessibility and convenience for both local and international customers, making financial assistance readily available whenever you need it.

Al-Amin: Shariah-Compliant Financing

OCBC Al-Amin offers simple and easily accessible Shariah-compliant personal financing services with your best interests in mind. Our suite of products provides you with advance cash at affordable rates and manageable monthly payments, helping to lighten your financial burden.

Everything You Need, and Nothing You Don’t

Our tailor-made cash financing solutions offer:

• Fast Approval and Fast Cash: Get the funds you need quickly without the lengthy approval process.
• No Collateral, No Guarantor: Enjoy the peace of mind of securing a loan without needing to provide collateral or a guarantor.
• Financing Amount of Up to RM150,000: Access substantial funds to meet your financial needs.
• Fixed Monthly Instalments from as Low as RM100: Manageable payments to fit your budget.
• Extended Financing Tenure Up to 10 Years: Flexible repayment terms to ease your financial planning.

With OCBC Bank’s personal financing options, you can achieve your financial goals with ease and confidence. Explore our products today and take the next step towards financial security and growth.

Tailored Cash Financing Solutions

Experience the following benefits with OCBC’s cash financing solutions:

• Fast Approval, Fast Cash: Enjoy swift approval processes for immediate access to funds.
• No Collateral, No Guarantor: Benefit from hassle-free borrowing without the need for collateral or guarantors.
• Flexible Financing Amount: Secure financing of up to RM150,000 to address various financial needs.
• Affordable Monthly Instalments: Experience fixed monthly instalments starting from as low as RM100, ensuring budget-friendly repayments.
• Extended Financing Tenure: Choose from flexible financing tenures of up to 10 years, providing ample time to repay your loan comfortably.

With OCBC’s tailor-made cash financing solutions, achieve your financial goals efficiently while enjoying peace of mind and financial security. Unlock the potential to thrive financially with OCBC today.

Credit Facility (Home Xtra)

Introduction

OCBC Bank’s Credit Facility (Home Xtra) is designed to provide borrowers with an additional financial cushion on top of their existing housing loan. Here’s what you need to know about this flexible and convenient offering:

Key Features

Maximum Amount

• Borrowers can access up to RM150,000 for their personal use, offering flexibility in managing various financial needs.

No Lock-in Period

• Enjoy the freedom to use the funds without any restrictions or commitment to a lock-in period, providing greater financial flexibility.

Daily Rest Interest Calculation

• Interest is calculated on a daily rest basis, ensuring transparency and accurate interest charges based on the outstanding balance.

Flexible Repayment Term

• Borrowers have the option to choose a repayment term of up to 7 years, allowing for manageable monthly instalments tailored to individual financial circumstances.

No Processing Fee

• The loan application process is streamlined with no processing fees involved, reducing upfront costs and making it more accessible for borrowers.

Considerations

While these features offer significant benefits, it’s essential to review the terms and conditions associated with the Credit Facility (Home Xtra) to ensure suitability and understand any additional requirements or charges.

Life Insurance Financing

Introduction

OCBC Bank offers Life Insurance Financing for home loans, providing borrowers with the opportunity to finance their annual premium life insurance policies to cover outstanding mortgages. Here’s what you need to know about this innovative financing solution:

Key Features

No Initial Out-of-Pocket Cost

• Borrowers can obtain financing for their annual premium life insurance policies without any upfront payments, ensuring immediate coverage for their outstanding mortgage.

Ideal for Various Home Expenses

• This financing option is beneficial for individuals who have incurred significant expenses such as large down-payments or home renovations, enabling them to manage their finances more effectively.

Minimum Financing Period

• The minimum period for financing is 5 years, offering borrowers flexibility in choosing a repayment term that suits their financial situation.

Underwritten by Great Eastern

• OCBC Bank’s Life Insurance Financing covers whole-life and term life policies underwritten by Great Eastern, ensuring reliable coverage and peace of mind for borrowers.

Not Applicable to Syariah-Based Loans

• Please note that this financing option is not applicable to Syariah-based loans, as it may not align with Islamic financial principles.

Contact OCBC Bank Menara

OCBC No. 18 Jalan Tun Perak
50050 Kuala Lumpur

Tel: 603-8314 9310 (Al-Amin) / 03 8317 5000

How to Apply for OCBC Personal Loans

Applying for an OCBC Bank personal loan is simple and straightforward. Here are the steps to get started:

1. Assess Your Needs: Determine how much cash you need and what assets you can pledge as collateral.
2. Visit OCBC Bank: Head to your nearest OCBC Bank branch or visit our website to explore loan options and apply online.
3. Submit Required Documents: Provide necessary documentation such as proof of income, identification, and details of the collateral.
4. Loan Approval: Once your application is reviewed and approved, you will have access to the funds up to your credit limit.
5. Access Your Funds: Use your funds as needed, with interest charged only on the amount you use.