Explore Agrobank AgroCash-i, a Shariah-compliant personal financing facility providing individuals with consumer funding based on Tawarruq transactions.
Introduction
Agrobank offers dedicated, Shariah-compliant consumer products designed specifically for individuals who need personal funds. Its personal financing solutions provide retail customers with clean liquidity, allowing individuals to manage personal expenses while maintaining a connection to agricultural or rural economic activities.
AgroCash-i
This consumer personal financing facility is tailored specifically for individual customers who require personal funds for consumer spending. It provides a reliable avenue for retail applicants to secure financing while aligning with the bank’s specialized consumer banking services.
Tawarruq
Operating under strict Islamic banking principles, this plan is fully structured around the concept of Tawarruq, which involves a transparent commodity murabahah purchase and sale transaction. This process allows applicants to obtain immediate, clean liquidity legally and ethically without relying on conventional interest-bearing loans.
Key Features
Category
Details
Financing Limit
Government Employees: Maximum RM250,000 GLC Staff: Maximum RM200,000 Refer to Additional Eligibility for financing limit up to RM250,000
Financing Tenure
Maximum 10 years
Profit Rate Promotion ≥ RM50,000
Up to 3 years: SBR + 2.23% p.a. Up to 10 years: SBR + 2.25% p.a.
Open to Central Government, State Government, and Statutory Bodies Permanent staff with at least 6 months of service (including contractual/interim service) Gross monthly income including allowances based on financing eligibility (BPA deduction, DSR, Net Disposable Income) Debt Service Ratio (DSR) up to 70% (including housing financing) Other conditions as stated above
Minimum Salary Requirement – Government Employees
Gross monthly income (including fixed allowance) more than RM1,000
Minimum Salary Requirement – GLC Staff
Gross monthly income (including fixed allowance) more than RM2,000
Takaful Coverage
Customers are encouraged to take Skim Takaful Kredit
Agrobank’s AgroCash-i stands out as a focused consumer financial instrument for individuals requiring personal funding. By offering a solid personal financing framework backed by ethical Tawarruq transactions, Agrobank ensures that individual consumer needs are met transparently.
Contact Us
Category
Details
Head Office
Bank Pertanian Malaysia Berhad (Agrobank) Leboh Pasar Besar 50726 Kuala Lumpur
Discover Bank Rakyat Personal Financing-i options for public, private, and retired sectors featuring low rates and debt consolidation.
Introduction
Bank Rakyat offers a robust suite of Shariah-compliant personal financing products tailored to various employment sectors in Malaysia. Operating under Islamic banking principles, these solutions provide competitive rates, high financing limits, and flexible tenures to help individuals manage their financial needs effectively.
Personal Financing-i Public Sector
This financing plan provides civil servants with swift, hassle-free access to funds of up to RM400,000 without requiring a guarantor. Backed by the Tawarruq concept, applicants can choose between fixed or floating profit rates with flexible repayment tenures extending up to 10 years, making it an ideal choice for government employees seeking large capital.
Financing Eligibility
Category
Eligibility Details
Installment Method
Biro Perkhidmatan Angkasa (BPA)
Up to RM400,000
Salary Deduction
Up to RM400,000
Electronic Payment
Based on income multiplier or RM400,000 whichever is lower
Income Range
RM 1,000 – RM 5,000
5 times monthly gross salary
RM 5,001 – RM 10,000
8 times monthly gross salary
More than RM 10,000
10 times monthly gross salary
General Eligibility
Citizenship
Must be a Malaysian citizen
Age Requirement
Minimum 18 years, maximum 60 years old at end of financing tenure
Minimum Income
RM1,600 fixed monthly income including allowances
Employment Sector
Public sector, GLC companies, or GLC subsidiaries
Service Duration
Minimum of three (3) months in service
Financing Rate, Fees & Document
Financing Rate, Fees & Document
Category
Details
Fixed Rate
Biro Perkhidmatan Angkasa – Salary Deduction
Up to 1 Year: 3.42% More than 1 Year – Up to 5 Years: 3.61% More than 5 Years – Up to 10 Years: 3.95%
Electronic Payment
Up to 1 Year: 4.53% More than 1 Year – Up to 5 Years: 4.76% More than 5 Years – Up to 10 Years: 5.22%
Floating Rate
Biro Perkhidmatan Angkasa – Salary Deduction
Up to 1 Year: SBR + 2.42% More than 1 Year – Up to 5 Years: SBR + 2.75% More than 5 Years – Up to 10 Years: SBR + 2.77%
Salary Transfer to Bank Rakyat
Up to 1 Year: SBR + 3.78% More than 1 Year – Up to 5 Years: SBR + 4.24% More than 5 Years – Up to 10 Years: SBR + 4.07%
Electronic Payment
More than 1 Year: SBR + 4.42% More than 1 Year – Up to 5 Years: SBR + 4.75% More than 5 Years – Up to 10 Years: SBR + 4.77%
Required Documents
New Application
Copy of MyKad/MyTentera Latest 3 months salary slip Latest 3 months bank statements of salary crediting account At least one: Employer confirmation letter or EA Form
Repeated/Overlapping
Copy of MyKad/MyTentera Latest 3 months salary slip At least one: Employer confirmation letter or EA Form
Fees & Charges
Wakalah/Agency Fee
RM28.30
Stamp Duty Fee
0.5% of total financing (Stamp Duty Act 1949)
Early Settlement Fee
Rebate (Ibra’) given on deferred profit
Late Payment Charges
During tenure: 1% per annum on outstanding monthly payment After expiry: Not more than prevailing daily overnight Islamic Interbank Money Market rate (IIMM)
Personal Financing-i for Pensioner
Specially structured for government pensioners, this plan ensures that retired individuals maintain seamless access to cash to fund personal milestones or medical expenses during retirement. The product offers a manageable maximum financing limit of RM100,000 over a 10-year tenure, ensuring the monthly commitments remain stress-free and aligned with pension payouts.
Financing Rate, Fees and Charges
Financing Rate, Fees and Charges
Category
Details
Financing Rate
Pension Transfer to Bank Rakyat
Up to 1 Year: SBR + 3.30% More than 1 Year – Up to 5 Years: SBR + 3.63% More than 5 Years – Up to 10 Years: SBR + 3.65%
Electronic Payment
Up to 1 Year: SBR + 5.30% More than 1 Year – Up to 5 Years: SBR + 5.63% More than 5 Years – Up to 10 Years: SBR + 5.65%
Notes
Current Standard Base Rate (SBR): 2.75% Additional profit rate of 1.50% for financing without takaful
Features
Maximum financing amount: RM100,000 Financing tenure: Up to 10 years No guarantor required Takaful coverage optional
Payment Methods
Pension Transfer to Bank Rakyat Electronic Payment
Eligibility
Government pensioner Not older than 70 years at end of financing period Minimum monthly pension: RM1,000
Fees & Charges
Wakalah/Agency Fee
RM28.30
Stamp Duty Fee
0.5% of total financing (Stamp Duty Act 1949)
Early Settlement Fee
Rebate (Ibra’) given on deferred profit
Late Payment Charges
During tenure: 1% per annum on outstanding monthly payment After expiry: Not more than prevailing daily overnight Islamic Interbank Money Market rate (IIMM)
Personal Financing-i Debt Consolidation
This solution simplifies your financial life by merging multiple scattered credit balances from different lenders into a single, structured monthly installment. By migrating conventional debts into this Shariah-compliant account, you can tap into profit rates as low as 2.89% per annum, reducing monthly financial stress significantly.
Step-by-Step Guide
Step-by-Step Guide
Category
Details
Step 1: List Financing
Gather financing balance, profit rate charges, and monthly installments for the financing you want to consolidate
Step 2: Calculate Eligibility
Estimate financing eligibility by visiting any Bank Rakyat branch or calling the Call Centre at 1 300 80 5454
Step 3: Apply Financing
Submit application via: • Online at www.irakyat.com.my • Apply Now at www.bankrakyat.com.my • Call Centre 1 300 80 5454 • Visit nearest branch
Eligibility
Malaysian citizen Minimum age 18 years, maximum 60 years at end of financing tenure Minimum fixed monthly income RM1,600 including allowances Public sector, GLC companies, or subsidiaries Minimum of 3 months in service
Features
Consolidates multiple financing into one Simplifies repayment Potentially lower monthly installment
Personal Financing-i Private Sector
Designed specifically to meet the unique financial needs of private-sector employees, this package delivers highly competitive market rates to match varied lifestyle requirements. Utilizing the trusted Tawarruq concept, it empowers private professionals to secure capital up to RM400,000 with a 10-year tenure and no guarantor obligations.
Key Features
Key Features
Category
Details
Salary & Tenure
RM2,000 – RM3,000: New Application – 5 years, Repeated/Overlap – 10 years RM3,001 and above: New Application – 10 years, Repeated/Overlap – 10 years
Eligibility
Malaysian citizen Age: Minimum 18 years, maximum 60 years at end of financing tenure Minimum Gross Income: • RM2,000 and above for Permanent Employee • RM8,000 and above for Contract Employee Employment: Public Listed Companies, Private Limited Companies, Cooperatives, Legal Firms, NGOs
Concept
Tawarruq
Features
Financing amounts up to RM400,000 Financing tenure up to 10 years No guarantor required Takaful coverage optional
Required Documents
New Application
Copy of MyKad Latest 3 months salary slip Latest 3 months bank statements of salary crediting account EPF Statement At least one: Employer confirmation letter, EA Form, or e‑B Slip by LHDN
Repeated/Overlap Application
Copy of MyKad Latest 3 months salary slip EPF Statement At least one: Employer confirmation letter, EA Form, or e‑B Slip by LHDN
Financing Rate – BPA / Salary Deduction / Salary Transfer
Up to 1 Year
SBR + 4.91% or SBR + 5.91%
> 1 Year – 5 Years
SBR + 5.37% or SBR + 6.37%
> 5 Years – 10 Years
SBR + 5.47% or SBR + 6.47%
Financing Rate – Electronic Payment
Up to 1 Year
SBR + 6.91% or SBR + 7.91%
> 1 Year – 5 Years
SBR + 7.37% or SBR + 8.37%
> 5 Years – 10 Years
SBR + 7.47% or SBR + 8.47%
Notes
Profit rate & tenure subject to employer classification Current Standard Base Rate (SBR): 2.75% Additional profit rate of 1.50% for financing without takaful Ceiling Rate = Effective + 4.00%
Fees & Charges
Wakalah/Agency Fee
RM28.30
Stamp Duty Fee
0.5% of total financing (Stamp Duty Act 1949)
Early Settlement Fee
Rebate (Ibra’) given on deferred profit
Late Payment Charges
During tenure: 1% per annum on outstanding monthly payment After expiry: Not more than prevailing daily overnight Islamic Interbank Money Market rate (IIMM)
Personal Financing-i Private (Exclusive)
This premium tier caters exclusively to qualified professionals and high-earning executives within the private sector who require higher liquidity and customized financial attention. Offering substantial financing limits up to RM400,000, it provides elite tier profit rates and streamlined processing times to suit fast-paced professional lifestyles.
Financing Details
Financing Details
Category
Details
Payment Method & Tenure
Salary Deduction (PGM): 10 Years Salary Transfer to Bank Rakyat: 10 Years Electronic Payment: 8 Years
Eligibility
Malaysian citizen Age: Minimum 18 years, maximum 60 years at end of financing tenure Minimum Gross Income: • More than RM5,000 for Permanent Employee • RM8,000 and above for Contract Employee
Concept
Tawarruq
Features
Financing amounts up to RM400,000 Financing tenure up to 10 years No guarantor required Takaful coverage optional
Financing Eligibility
Salary Deduction (PGM) / Salary Transfer
RM5,000 – RM6,000: 20× monthly gross income More than RM6,000: 25× monthly gross income
Electronic Payment
RM5,000 – RM10,000: 8× monthly gross income More than RM10,000: 10× monthly gross income
Financing Rate – Floating
Up to 1 Year: SBR + 3.03% More than 1 Year – Up to 5 Years: SBR + 3.13% More than 5 Years – Up to 10 Years: SBR + 3.23%
Notes
Current Standard Base Rate (SBR): 2.75% Additional profit rate of 1.50% for financing without takaful Ceiling Rate = Effective + 4.00%
Required Documents
New Application
Copy of MyKad Latest 3 months salary slip Latest 3 months bank statements of salary crediting account EPF Statement At least one: Employer confirmation letter, EA Form, or e‑B Slip by LHDN
Repeated/Overlap Application
Copy of MyKad Latest 3 months salary slip EPF Statement At least one: Employer confirmation letter, EA Form, or e‑B Slip by LHDN
Fees & Charges
Wakalah/Agency Fee: RM28.30 Stamp Duty Fee: 0.5% of total financing (Stamp Duty Act 1949) Early Settlement Fee: Rebate (Ibra’) on deferred profit Late Payment Charges: During tenure – 1% per annum on outstanding monthly payment; After expiry – Not more than prevailing daily overnight Islamic Interbank Money Market rate (IIMM)
Personal Financing-i Umrah and Hajj
This specialized Islamic financing package is uniquely crafted to help Muslims fulfill their sacred spiritual journeys to Mecca without facing immediate financial strain. The funds efficiently cover travel packages, accommodation, and related pilgrimage expenses, allowing individuals to focus fully on their spiritual obligations with structured, affordable repayments.
Key Features
Key Features
Category
Details
Financing Amount
Maximum financing up to invoice amount AND travel allowance up to RM500 per day OR actual eligibility amount, whichever is lower
Application Steps
1. Obtain invoice/cost: Get invoices or costs from registered Umrah/Hajj management company 2. Calculate eligibility: Estimate financing eligibility at nearest Bank Rakyat branch or call 1‑300‑80‑5454 3. Apply financing: Submit application via: • Online banking at www.irakyat.com.my or www.bankrakyat.com.my • Contact Centre 1‑300‑80‑5454 • Visit nearest branch
Personal Financing-i for Solar Panel
Geared toward eco-conscious homeowners, this green energy financing option assists customers in purchasing and installing solar photovoltaic systems for their residential properties. By lowering the upfront barrier to renewable energy, Bank Rakyat helps clients reduce long-term electricity bills while contributing positively to national sustainability goals.
Key Features
Key Features
Category
Details
Products Offered
Personal Financing‑i Public Personal Financing‑i Private Personal Financing‑i Pensioner Personal Financing‑i Private (Exclusive)
Features
Financing amounts up to RM400,000 Fixed or floating profit rate options Supports renewable energy and sustainability projects
Benefits
Financial empowerment through energy savings Exclusive partnerships with top‑tier solar PV providers Environmental stewardship for a cleaner Malaysia Access to innovative solar technology
Eligibility
Malaysian citizen Age: Minimum 18 years, maximum 60 years at end of financing tenure Available for public sector employees, private sector workers, pensioners, and professionals
Application Steps
1. Obtain invoice/cost: Acquire invoices from Bank Rakyat’s solar partners 2. Calculate eligibility: Estimate financing eligibility at nearest branch or call 1‑300‑80‑5454 3. Apply financing: Submit application via: • Online banking at www.irakyat.com.my or www.bankrakyat.com.my • Contact Centre 1‑300‑80‑5454 • Visit nearest branch
Bank Rakyat’s Solar Partners
Voltago Solar Sdn Bhd Green Energy Generation Sdn Bhd UZMA Environergy Sdn Bhd Suria Infiniti Sdn Bhd Voltek Energy Sdn Bhd
Financing Rate
Equivalent to flat rate as low as 2.92% per year Financing tenure up to 10 years
Enquiries
Visit nearest branch or call Contact Centre tele‑Rakyat at 1‑300‑80‑5454
Terms
Terms and conditions apply
Personal Financing-i DivA
This exclusive financial program is specifically reserved for registered Bank Rakyat Members, offering them premium banking privileges and tailored financing solutions. The DivA package rewards member loyalty by granting access to optimized profit rates and preferential terms that are unavailable to the general public.
Key Features
Key Features
Category
Details
Features
Financing up to RM400,000 (Public/Private Sector) Up to RM100,000 (Pensioner) Tenure up to 10 years No guarantor required Takaful coverage optional Fixed profit rate
Financing Rate – Public Sector
Up to 1 Year: Normal 3.17%, Debt Consolidation 2.99% 1–5 Years: Normal 3.56%, Debt Consolidation 3.33% 5–10 Years: Normal 3.88%, Debt Consolidation 3.64%
Financing Rate – Private Sector
Up to 1 Year: Normal 4.39%, Debt Consolidation 4.19% 1–5 Years: Normal 4.48%, Debt Consolidation 4.27% 5–10 Years: Normal 4.88%, Debt Consolidation 4.65%
Financing Rate – Pensioner
Up to 1 Year: 4.00% 1–5 Years: 4.10% 5–10 Years: 4.34%
Notes
Rates apply with or without takaful
Financing Eligibility
Maximum 80% of Bank Rakyat’s shares held OR maximum financing amount allowed, whichever is lower
Eligibility
Malaysian citizen Minimum age 21 at application Maximum age: 60 (Public/Private), 70 (Pensioner) Minimum gross income: RM1,600 (Public), RM2,000 (Private) Minimum pension: RM800 (Pensioner) Holding Bank Rakyat shares of RM5,000 with at least 1 year membership
Required Documents – Public Sector
Copy of MyKad/MyTentera Latest 3 months salary slip Latest 3 months bank statements At least one: Employer confirmation letter or EA Form
Required Documents – Private Sector
Copy of MyKad/MyTentera Latest 3 months salary slip Latest 3 months bank statements EPF statement At least one: Employer confirmation letter, EA Form, or e‑B Slip by LHDN
Required Documents – Pensioner
MyKad Malaysia Government Pensioner Card (JPA) Army Pensioner Card (JHEV) Ledger Pensioner Pension Statement
Fees & Charges
Wakalah/Agency Fee: RM28.30 Stamp Duty Fee: 0.5% of total financing (Stamp Duty Act 1949) Early Settlement Fee: Rebate (Ibra’) on deferred profit Late Payment Charges: During tenure – 1% per annum on outstanding monthly payment; After expiry – Not more than prevailing daily overnight Islamic Interbank Money Market rate (IIMM)
Personal Financing-i E-Bike
Designed to encourage sustainable urban mobility, this targeted financing product provides accessible funding for purchasing eco-friendly electric motorcycles and bicycles. It offers low monthly installments and fast approvals, making green transportation affordable for daily commuters looking to reduce fuel costs and carbon footprints.
Key Features
Key Features
Category
Details
Products Offered
Personal Financing‑i Public Personal Financing‑i Private Personal Financing‑i Pensioner Personal Financing‑i Private (Exclusive)
Benefits
Savings on commuting costs (fuel & maintenance) Environmentally friendly choice – reduces air & noise pollution Access to government incentives & rebates for EV purchases
Features
Financing amounts up to RM400,000 Fixed or floating profit rate options Tailored for public sector, private individuals, pensioners, and professionals
Eligibility
Malaysian citizen Age: Minimum 18 years, maximum 60 years at end of financing tenure Available for all personal financing segments under Bank Rakyat guidelines
Financing Rate
Equivalent flat rate as low as 2.92% per annum Financing tenure up to 10 years
Application Steps
1. Obtain invoice/cost: Get invoice for E‑Bike purchase 2. Calculate eligibility: Estimate financing eligibility at nearest branch or call 1‑300‑80‑5454 3. Apply financing: Submit application via: • Online banking at www.irakyat.com.my or www.bankrakyat.com.my • Contact Centre 1‑300‑80‑5454 • Visit nearest branch
Terms
Terms and conditions apply
Conclusion
Bank Rakyat’s diverse personal financing portfolio ensures that every Malaysian—whether a public servant, private executive, pensioner, or eco-conscious consumer—can find a structured financial solution. By combining competitive Shariah-compliant concepts with practical benefits like debt consolidation, the bank remains a premier institution for personal wealth management.
Consolidate your debt with KFH Murabahah Personal Financing-i for government employees. Enjoy low rates from 4.50% p.a. and financing up to RM200,000.
Introduction
Managing multiple monthly bank commitments can become overwhelming and financially draining for civil servants. Kuwait Finance House offers a smart way to streamline your finances by centralizing your debts into a single, manageable plan. This Shariah-compliant financing solution is designed specifically to help government employees regain control of their cash flow with absolute peace of mind.
By switching to this plan, you can unlock a substantial financing amount of up to RM200,000 without needing a guarantor. The package features a highly competitive profit rate starting from just 4.50% per annum, with flexible repayment tenures spanning up to 10 years. It provides a golden opportunity to reduce your monthly burdens through structured, hassle-free salary deductions and interbank transfers.
Murabahah Personal Financing-i
Kuwait Finance House offers a trusted Shariah-compliant funding method known as the Murabahah Tawarruq concept. This Islamic financing structure ensures that all transactions are asset-backed, transparent, and completely free from usury or hidden elements. It is tailored specifically for government employees who want to manage their cash flow responsibly while adhering strictly to ethical, faith-based financial principles.
Through this plan, civil servants can secure a substantial funding amount of up to RM200,000 to meet immediate needs or merge existing debts. The financing setup offers an incredibly low profit rate starting from just 4.50% per annum, making it one of the most competitive options in the market. Borrowers enjoy full predictability with a fixed repayment rate, ensuring monthly commitment amounts never fluctuate unexpectedly.
Eligibility and Application Requirements
Securing this financial aid requires meeting straightforward and accessible criteria designed specifically for the Malaysian public sector. Applicants must be active government employees aged between 21 years old and 60 years old at the time of application. Additionally, a steady and verified basic monthly salary of at least RM3,000 is required to qualify for the maximum financing limits.
The documentation process is quick and efficient, keeping administrative hassle to an absolute minimum for busy civil servants. You only need to provide a clear, original-sighted copy of your NRIC alongside your latest duly verified income documents. Once these items are ready, applications can be quickly processed by visiting any KFH branch or contacting their customer care hotline.
Competitive rates starting as low as 4.50% per annum
Guarantor Requirement
No guarantor necessary for approval
Early Settlement
No early settlement penalty charged
Protection Plan
Optional Takaful protection included for peace of mind
Payment Channels
Interbank GIRO (IBG) or Interbank Fund Transfer (IBFT)
Employment Sector
Exclusively open to Government employees
Age Eligibility
Minimum 21 years old up to 60 years old (1 year before retirement)
Minimum Income
Minimum basic monthly salary of RM3,000
Stamp Duty Fee
0.5% of the total financing amount
Brokerage Fee
Proportionate amount based on the total financing sum
Takaful Fee
Calculated based on customer profile (age, gender, tenure)
Required Documents
Clear NRIC copy (Original Sighted) and duly verified income documents
Advantages
Advantages
One of the biggest highlights of this package is the ability to centralize multiple high-interest debts into one affordable monthly payment. This consolidation helps you save a significant amount of money on profit charges and simplifies your monthly financial tracking. Furthermore, the application process requires zero guarantors, eliminating the stress of finding someone to back your personal financing.
The plan also treats borrowers fairly by imposing no penalties or extra charges for early settlements, giving you total freedom to clear your balance ahead of schedule. For added safety, the financing comes with optional Takaful protection to safeguard your family from debt burdens in unforeseen circumstances. Repayments are made stress-free through convenient electronic channels like Interbank GIRO (IBG) and Interbank Fund Transfer (IBFT).
Conclusion
Choosing the right financial partner is crucial for long-term stability and effective wealth management. KFH Murabahah Personal Financing-i provides the perfect mix of high financing limits, low profit rates, and ethical Shariah principles. It serves as an ideal tool for civil servants looking to consolidate high-interest debts into one economical monthly payment.
Do not miss this chance to optimize your monthly budget and secure your financial future. Centralizing your commitments with Kuwait Finance House allows you to save money while enjoying premium banking convenience. Contact KFH today to check your eligibility and take your first step toward true financial freedom.
Contact Us
Kuwait Finance House offers multiple ways to get in touch regarding your personal financing:
Local Hotline: Call 1 300 888 KFH (534) (Available 8:00 AM – 8:00 PM).
International Hotline: Call 603-2168 0464 if you are overseas.
Email Support: Send your inquiries to kfhonline@kfh.com.my.
Complaints Email: Send formal feedback to KFHCOMPLAINT@KFH.COM.MY.
Kuwait Finance House (Malaysia) Berhad (Contact Centre) Level 24, Menara Prestige No. 1, Jalan Pinang 50450 Kuala Lumpur, Malaysia
General line: +603 2168 0000
Contact Centre: 1300 888 KFH (534)
General Fax: +603 2168 0001
Website: www.kfh.com.my
Alternatively, you may seek the services of Agensi Kaunseling dan Pengurusan Kredit (AKPK), an agency established by Bank Negara Malaysia to provide free services on money management, credit counselling and debt restructuring for individuals. You can contact AKPK at:
Agensi Kaunseling dan Pengurusan Kredit (AKPK) Tingkat Bawah, Menara Aras Raya Jalan Raja Laut 50350 Kuala Lumpur
Tel: +603-2616 7766
E-mail : enquiry@akpk.org.my
If your query or complaint is not satisfactorily resolved by us, you may contact Bank Negara Malaysia LINK or BNMLINK at:
Block D, Bank Negara Malaysia Jalan Dato’ Onn 50480 Kuala Lumpur
Discover BSN MyRinggit-i personal financing plans. Check eligibility requirements for solar panel installation, new government worker loans, and banking sector employee packages under Shariah concepts.
Introduction
Bank Simpanan Nasional offers tailored financial solutions through its MyRinggit-i packages to support your personal and green energy goals. These syariah-compliant plans use the Tawarruq concept to provide transparent funding for home solar installations, newly hired civil servants, and financial institution workers. By matching specific life stages and needs, BSN helps Malaysians achieve financial flexibility easily.
Understanding the unique requirements of each plan ensures a smooth application process. Whether you want to lower your home electricity bills or need early career funding, BSN provides structured support for qualified individuals. Below is the detailed breakdown of the eligibility rules and Shariah concepts for each specific BSN MyRinggit-i program.
BSN MyRinggit-i (Solar Panel)
Bank Simpanan Nasional offers a specialized green funding solution through the BSN MyRinggit-i Solar Panel package. This program aims to help Malaysian homeowners switch to renewable energy without facing high upfront costs. By utilizing this package, individuals can easily finance the purchase and setup of Solar PV Systems for their homes. The plan supports national green energy goals while helping consumers lower their monthly electricity bills over the long run.
This financial scheme targets a specific group of property owners who meet the bank’s strict requirements. It connects borrowers directly with a selected network of professional solar installers across the country. Furthermore, the entire financing process operates under strict ethical guidelines to ensure complete transparency. This makes it an ideal option for anyone looking to invest in sustainable home upgrades securely.
Financing Information
Financing Information
Financing Information
Details
Product Name
BSN MyRinggit‑i (Solar Panel)
Profit Rate
SBR + 2.05% to SBR + 3.25%
Profit Rate without Takaful
Additional 1.00% from the above profit rate
Financing Amount
Minimum: RM10,000 Maximum: RM150,000
Financing Tenure
Minimum: 1 year Maximum: 10 years
Documents Required
Copy of NRIC (both sides) Confirmation letter from employer Latest salary slip
Eligibility
Eligibility
Eligibility Criteria
Requirement Details
Approved Vendors
Citizenship, Age Requirement, Property Type, Exclusions, Authorized Vendor Requirement
Must be Malaysian citizens. Age between 18 and 55 or 60 years old depending on retirement age at financing tenure end. Only residential properties qualify. Residential homes with strata title status are excluded. Solar PV System must be purchased and installed from BSN‑appointed providers.
ERS Energy Sdn. Bhd., SOLS Energy Sdn. Bhd., ITRAMAS Corporation Sdn Bhd, GME Greentech Sdn Bhd, Free Power Sdn Bhd, UMT Jaya Holdings Sdn Bhd
BSN MyRinggit-i (Perintis)
Bank Simpanan Nasional offers a unique financial launching pad through the BSN MyRinggit-i Perintis package. This specialized program focuses entirely on creating early financial opportunities for newly hired federal and state government employees. It solves the common problem where new workers struggle to get financing due to a lack of long employment history. By stepping in early, BSN helps young civil servants transition smoothly into their public service careers with reliable financial backing.
This program serves as a dedicated support system for individuals entering the public sector workforce. It gives fresh government hires immediate access to capital for personal upgrades, relocation expenses, or early life milestones. The scheme removes traditional financing roadblocks to ensure a smooth financial start for those serving the nation. It reflects BSN’s commitment to uplift community welfare by backing the country’s public institutional workers from day one.
Financing Information
Financing Information
Financing Information
Details
Financing Amount
Minimum: RM5,000 Maximum: 20× monthly income or up to RM50,000, whichever is lower
Rates
SBR + 2.87%
Financing Tenure
Minimum: 1 year Maximum: 10 years
Documents Required
A copy of NRIC (both sides) A copy of placement/employment letter/HRMIS Salary Deduction Form: BPPP‑BSN09‑D (0125)‑00; and/or Any other supporting documents as deemed required by the approving authority
Eligibility
Eligibility
Eligibility Criteria
Requirement Details
Additional Conditions
Citizenship
Must be Malaysian citizens.
Must hold a valid BSN GIRO or GIRO-i account
Age Requirement
Between 21 and 55 or 60 years old, depending on official retirement age at financing tenure end.
Employment Criteria
No minimum employment period required.
Must provide an official government employment letter confirming permanent employment.
Income Requirement
Minimum gross income of RM1,500 per month.
BSN MyRinggit-i (Financial Institution Employee)
This dedicated scheme helps finance sector employees streamline their debt consolidation, home upgrades, or major family milestones efficiently. It recognizes the strong credit profiles typical of individuals employed in highly regulated economic sectors. The plan delivers high-utility capital without compromising on flexibility or ethical standards. It represents a premium financial tool designed to match the sophisticated needs of Malaysia’s modern banking workforce.
Financing Information
Financing Information
Financing Information
Details
Product Name
BSN MyRinggit‑i (Financial Institution Employee)
Financing Amount
Minimum: RM5,000 Maximum: RM250,000
Rates
As low as SBR + 3.02% p.a.
Financing Tenure
1 – 10 years
Documents Required
A copy of NRIC (both sides) Latest 3 months’ salary slip Latest 3 months Bank Statement of salary crediting account Employer Confirmation Letter Latest EPF statement Any other supporting documents as deemed required by the approving authority
Eligibility
Eligibility
Eligibility Criteria
Requirement Details
Additional Conditions
Citizenship, Age Requirement
Must be Malaysian citizens. Age between 18 and 55 or 60 years old, depending on official retirement age at financing tenure end.
Must hold a valid BSN GIRO or GIRO-i account
Employment Criteria
Must be an active employee of a licensed Financial Institution approved by Bank Negara Malaysia. Excludes institutions using the Biro Perkhidmatan Angkasa facility.
Open to permanent and contract staff, but strictly in non‑sales roles.
Income Requirement
Minimum basic salary of RM10,000 and above per month.
Service History
Must have completed at least two consecutive years of service in the banking industry.
BSN MyRinggit-i (Professional)
The BSN MyRinggit-i (Professional) focuses on creating competitive financial opportunities specifically for individuals working within the local banking sector. It acts as a reward mechanism that acknowledges the unique professional standing of corporate financial workers in Malaysia. By offering tailored terms, BSN ensures that banking professionals can secure substantial liquidity to meet their personal wealth or lifestyle goals.
Financing Information
Financing Information
Financing Information
Details
Product Name
BSN MyRinggit‑i (Professional)
Financing Amount
Minimum: RM10,000 Maximum: Up to RM400,000
Profit Rate
Payment Method & Tenure • BSN Standing Instruction: 1–10 years, as low as SBR + 3.25% p.a. • Salary Deduction: As low as SBR + 3.15% p.a.
Documents Required
Payment via BSN Standing Instruction (Salary Earner): • Copy of NRIC • Latest 3 months’ salary slip • Employer confirmation letter • Valid certification/registration with respective authority • Latest 3 months bank statement of salary crediting account • Latest EPF statementPayment via BSN Standing Instruction (Sole Proprietorship/Partnership): • Copy of NRIC • Business Registration • Latest 6 months bank statement • Latest annual income statement (EA/EC or e‑B/e‑BT form) with receipt • Latest 2 years financial statement • Valid certification/registration with respective authority Payment via Salary Deduction (Salary Earner only): • Copy of NRIC • Latest 2 months’ salary slip • Employer confirmation letter • Salary Deduction Form • Valid certification/registration with respective authority
BSN MyRinggit-i (Public Sector)
If you work in the public sector, Bank Simpanan Nasional has built this specific version of the MyRinggit-i plan just for you. Civil service jobs bring a great deal of stability, and BSN honors that by offering government and GLC workers a smoother, more stress-free way to borrow money. Whether you are looking to upgrade your home, consolidate some old debts, or deal with sudden family expenses, this package removes a lot of the usual red tape to get you the funds you need without the hassle.
What makes this plan stand out is how easily it fits into your daily routine. Because it coordinates directly with public sector salary deduction systems, you never have to stress about missing a monthly payment deadline or managing manual bank transfers. It is a straightforward, reliable financial safety net meant to support the everyday people who keep Malaysia’s public institutions and government companies running smoothly day in and day out.
Financing Information
Financing Information
Financing Information
Details
Product Name
BSN MyRinggit‑i (Public Sector)
Profit Rate
• Flat Rate: As low as 4.60% p.a. • Floating Rate: As low as SBR + 2.05% p.a.
Profit Rate without Takaful
Additional 1% from the above profit rate
Financing Amount
Minimum: RM5,000 Maximum: RM400,000
Financing Tenure
Up to 10 years
Documents Required
• Copy of NRIC (both sides) • Confirmation letter from employer • Latest 2 months’ salary slip • Any other supporting documents as deemed required by the approving authority
Eligibility
Eligibility
Eligibility Criteria
Requirement Details
Additional Conditions
Citizenship, Age Requirement
Must be Malaysian citizens. Age between 18 and 55 or 60 years old, depending on official retirement age at financing tenure end.
Must hold a valid BSN GIRO or GIRO-i account
Employment Sector
Open to government sector employees, Government-Linked Agencies (GLA), Government-Linked Companies (GLC), or organizations allowing salary deductions via Biro Perkhidmatan Angkasa.
Service Requirement
Permanent employees: eligible after 3 months of service. Contract/temporary staff: eligible after 12 months of continuous service.
Income Requirement
Minimum monthly income of RM1,500.
BSN MyRinggit-i (Postgraduate)
Balancing a full-time public sector job while pursuing a master’s degree or PhD is a massive achievement, but it can also take a heavy toll on your wallet. Bank Simpanan Nasional built this specific version of the MyRinggit-i plan to act as a financial bridge for ambitious civil servants who want to upgrade their qualifications. Instead of draining your monthly savings or stressing over semester tuition deadlines, this package gives you the breathing room to focus completely on your research and career growth without worrying about immediate upfront costs.
What makes this program incredibly practical is that it blends educational support with the ease of public sector financing. The system is designed to sync directly with your existing career benefits, allowing you to fund your higher education goals smoothly. It serves as a valuable resource for dedicated government workers who are investing in their personal development to better serve the nation, offering a worry-free pathway to higher academic honors.
Financing Information
Financing Information
Financing Information
Details
Product Name
BSN MyRinggit‑i (Postgraduate)
Profit Rate
• Floating Rate: SBR + 2.70% • Without Takaful: Additional 1% from the above profit rate
Financing Amount
Minimum: RM5,000 Maximum: RM50,000
Financing Tenure
Minimum: 1 year Maximum: 10 years
Documents Required
• Copy of NRIC (both sides) • Confirmation letter from employer • Latest 2 months’ salary slip • Any other supporting documents as deemed required by the approving authority
Eligibility
Eligibility
Eligibility Criteria
Requirement Details
Additional Conditions
Citizenship, Age Requirement
Must be Malaysian citizens. Age between 18 and 55 or 60 years old, depending on official retirement age at financing tenure end.
Must hold a valid BSN GIRO or GIRO-i account
Employment Sector
Must be full‑time employees in the federal government, Government‑Linked Agencies (GLA), or Government‑Linked Companies (GLC) that support salary deductions via Biro Perkhidmatan Angkasa.
Must also be enrolled as a postgraduate student at UPSI or UniSZA.
Service Requirement
Permanent employees: eligible after 3 months of service. Contract/temporary staff: eligible after 12 months of continuous service.
Income Requirement
Minimum monthly income of RM1,500.
BSN MyRinggit-i (Hajj, Umrah & Pilgrimage)
Embarking on a sacred spiritual journey is a deeply personal and meaningful milestone for many Malaysians. To help you fulfill your religious duties without financial stress, Bank Simpanan Nasional offers the BSN MyRinggit-i Hajj, Umrah & Pilgrimage plan. This program ensures you can plan your sacred trip with complete peace of mind, focusing entirely on your faith and comfort rather than worrying about immediate upfront travel expenses.
This financial plan is specifically tailored to make holy pilgrimages accessible and smooth for public sector workers. By partnering with reputable travel agencies, BSN helps secure reliable travel packages that cover your accommodation, transport, and logistics. It serves as a compassionate financial stepping stone, allowing you and your loved ones to answer the call of pilgrimage with dignity, comfort, and proper structural backing.
Financing Information
Financing Information
Financing Information
Details
Product Name
BSN MyRinggit‑i (Hajj, Umrah & Pilgrimage)
Profit Rate
• Floating Rate: SBR + 2.65% to SBR + 5.85% • Without Takaful: Additional 1% from the above profit rate
Financing Amount
Minimum: RM10,000 Maximum: RM400,000
Financing Tenure
Minimum: 1 year Maximum: 10 years
Documents Required
• Copy of NRIC (both sides) • Confirmation letter from employer • Latest salary slip • Any other supporting documents as deemed required by the approving authority
Eligibility
Eligibility
Eligibility Criteria
Requirement Details
Approved Travel Agencies
Citizenship, Age Requirement
Must be Malaysian citizens. Age between 18 and 55 or 60 years old, depending on official retirement age at financing tenure end.
Felda Travel Sdn. Bhd. Andalusia Travel & Tour Sdn. Bhd. Fa Izin International Travel Sdn. Bhd. Maqbul Travel Sdn. Bhd. Mahabbaten Travel Sdn. Bhd. Labbaik Travel Sdn. Bhd. TH Travel & Services Sdn. Bhd.
Employment Sector
Exclusively for government or public sector employees, covering permanent, contract, and temporary staff.
Income Requirement
Minimum gross monthly income of RM1,500.
Account Requirement
Must hold a valid BSN GIRO or GIRO‑i account.
BSN MyRinggit-i (Eksekutif-1)
If you are a professional or corporate employee working in the private sector, Bank Simpanan Nasional designed the Eksekutif-1 package specifically to match your career tier. Private-sector professionals often face unique financial demands, whether it is funding a major lifestyle upgrade, investing in personal growth, or streamlining multiple monthly commitments. This plan honors your hard work by providing highly competitive, affordable rates that give you the financial flexibility you deserve without draining your hard-earned savings.
What makes this package stand out is its ability to deliver premium financial support with minimal hassle. BSN recognizes the strong financial stability of established companies and certified professionals across Malaysia, translating that trust into smoother processing and structured terms. It serves as an excellent, high-utility tool for corporate climbers and specialists who want a reliable, ethical financial partner to back their personal milestones and long-term wealth goals.
Financing Information
Financing Information
Financing Information
Details
Product Name
BSN MyRinggit‑i (Eksekutif‑1)
Profit Rate
• Flat Rate: 6.00% to 8.50% • Floating Rate: SBR + 5.85% • Without Takaful: Additional 1% from the above profit rate
Financing Amount
• Income RM3,000–RM5,000 → Financing limit 5× monthly gross income • Income >RM5,000–RM10,000 → Financing limit 7× monthly gross income • Income >RM10,000 → Financing limit 10× monthly gross income or maximum RM200,000 (whichever is lower)
Financing Tenure
Minimum: 2 years Maximum: 10 years
Method of Payment
BSN Standing Instruction
Documents Required
• Copy of NRIC (both sides) • Latest 3 months’ salary slips • Latest EPF statement • Latest 3 months Bank Statement of salary crediting account • Employer’s Confirmation Letter stating: Name, NRIC, Designation/Position, Monthly Salary, Date of Employment • Any other supporting documents as deemed required by the approving authority
Eligibility
Eligibility
Eligibility Criteria
Requirement Details
Eligible Industries & Professions
Citizenship, Age Requirement
Must be Malaysian citizens. Age between 18 and 55 or 60 years old, depending on employer’s official retirement confirmation.
Employees in BSN Premier Developer Panels Private HospitalsTelecommunication Companies Licensed Financial Institutions Multinational Companies (MNCs) PETRONAS Group Statutory Bodies Government‑Linked Companies (GLCs) Private Universities or Colleges Public Listed Companies on Bursa Malaysia Main Market including Financial Services Plantation & Property Technology & Consumer Sectors Industrial Products, Trading, & Services
Employment Status
Open to permanent and contract officers with at least one year of working experience.
Certified professionals such as Doctors, Architects, Lawyers, Accountants, and other certified specialists.
Income Requirement
Permanent staff: minimum gross monthly income of RM3,000. Contract staff: minimum basic salary of RM10,000 and above.
Account Requirement
Must hold a valid BSN GIRO or GIRO‑i account.
Service Requirement
Minimum of one full year of working experience.
Shariah Concept
Tawarruq consists of two sale and purchase contracts. The first involves the sale of an asset by a seller to a purchaser on a deferred basis. Subsequently, the purchaser of the first sale will sell the same asset to a third party on a cash and spot basis.
Conclusion
BSN MyRinggit-i financing options provide targeted financial relief and growth opportunities for different segments of Malaysian society. From promoting green energy in homes to backing new government workers and banking professionals, these plans offer reliable financial support. The utilization of the Tawarruq concept ensures that all funding remains ethical and transparent.
Reviewing the specific age, income, and property criteria helps you select the perfect plan for your situation. Gathering the necessary documents beforehand will speed up your approval process with Bank Simpanan Nasional. Take control of your financial future today by leveraging these specialized, Shariah-compliant financing solutions.
Contact Us
Service
Details
Contact Centre / Report Fraud & Scam / Report Lost or Stolen Credit/Debit Card
Get fast cash with Alliance Bank online personal loan. Instant approval and 24-hour disbursement with no fees or guarantor needed. Apply today!
Introduction
Searching for a fast, stress-free way to fund your urgent needs in Malaysia? The Alliance Bank Personal Loan and Financing digital application offers the perfect solution. You can skip the tedious paperwork and long bank queues entirely. This online platform gives you access to quick funds with zero processing fees.
Discover how you can get your cash within 24 hours of approval without any hassle.
Interest Rates
Interest / Profit Rates
Tenure
4.99% flat p.a.
1 year
5.99% flat p.a.
2 years
10.99% flat p.a.
3–4 years
Board Rates: 11.18% – 17.68% flat p.a.
5–7 years
Advantages
Flexible Financing Limits
Borrowers can access a wide range of financing amounts from RM5,000 up to RM200,000. This broad spectrum allows you to customize the loan according to your specific financial needs. Whether you are consolidatng small debts or funding a major home renovation, the bank scales the amount to match your profile.
Ultra-Fast Fund Disbursement
Once your application gets the green light, the bank transfers your funds into your account within 24 hours. This rapid turnaround time ensures that you do not have to wait during urgent financial situations. It bridges the gap between approval and cash access smoother than traditional banking channels.
Complete Online Convenience
The digital application platform allows you to apply for financing from any location at any time. You can easily skip long branch queues and heavy paperwork by using your phone or computer. This 24/7 accessibility puts the entire borrowing process directly into your hands.
Zero Processing Fees
The bank removes the burden of upfront costs by charging no processing fees for your loan application. This transparency means that the approved amount matches what you actually receive without hidden deductions. It keeps your borrowing costs lower from the very beginning.
Unsecured Borrowing Freedom
You can secure your financing without putting up any collateral or personal assets like a house or car. This layout protects your personal property from risk while simplifying the evaluation process. It allows tenants and non-asset owners to access substantial financing safely.
No Guarantor Needed
The application relies strictly on your own financial eligibility, completely eliminating the need for a guarantor. You do not have to experience the awkwardness of asking friends or family to back your financial requests. This independent structure keeps your personal finances entirely private.
Extended Repayment Tenures
The bank offers flexible repayment terms that stretch up to a comfortable 7-year tenure. This long timeline allows you to spread out your payments to keep monthly installments low and manageable. You can comfortably balance your monthly budget without straining your cash flow.
Eligibility
Quick Personal Loan/Financing Eligibility Check
You are a Malaysian citizen with the latest MyKad (dual image).
You are a Malaysian working and residing in Malaysia.
Your age is between 21 to 60 years old (upon maturity of Facility).
You have a minimum gross monthly income of RM3,000 or RM36,000 per year.
Conclusion
Securing extra financial support does not have to be a slow or painful process. Alliance Bank provides a transparent, guarantor-free personal loan designed for modern borrowers who value speed. By removing collateral requirements and processing fees, they ensure you keep more of your money.
Take control of your finances today by completing your quick online application now.
Contact Us
Service
Details
Personal / Consumer Banking
• Live Chat: allianceonline Web & Mobile • Hours: 9.00am – 6.00pm (Mon–Fri); Closed Sat, Sun & public holidays • Phone: 03‑5516 9988 (Malaysia) • Email: info@alliancefg.com • Hours: 8.00am – 10.00pm daily
Scam Reporting Hotline
• Phone: 03‑5516 9800 • Hours: 24 hours daily, 7 days a week
Business Banking
• Phone: 03‑5624 3888 • Email: bbcc@alliancefg.com • Hours: 9.00am – 6.00pm (Mon–Fri); Closed Sat, Sun & public holidays
Alliance Bank Malaysia’s Digital Personal Loan / Financing offers one of the most attractive low interest / profit rate packages in Malaysia, ideal for quick approvals, flexible tenures, and no-hassle applications.
Key features include:
Interest/profit rate as low as 4.99% p.a.
30% cashback on interest/profit*
Quick disbursement within 24 hours upon approval*
Convenient online application available anytime, anywhere
No processing fees
No collateral or guarantor required
Flexible loan/financing tenure of up to 7 years
*Terms and conditions apply.
When you apply for Alliance Bank Malaysia’s Digital Personal Loan/Financing, the following charges apply:
Stamp Duty: 0.5 % of the total approved amount (deducted from disbursed personal loan/financing amount).
Taxes: Unless otherwise specified, all rates exclude current and/or future taxes that may be imposed (including the Sales and Services Tax (“SST”), under the relevant legislation. Upon the effective date of implementation of any such taxes in the future and wherever applicable, we will be entitled to recover such taxes from you.
To check your personal loan/financing application’s status, you may call our Customer Service at 03-5516 9988 (available daily, 8am to 10pm).
Be assured that we will be contacting you as soon as we obtain the status of your application for the personal loan/financing.
Yes, you can have as many personal loans/financings as you want with Alliance Bank Malaysia/Alliance Islamic Bank as long as your credit record fulfills the bank’s credit requirement or criteria.
Discover boundless financial opportunities through Maybank’s personal loan solutions. Embrace a future of prosperity with our competitive rates and lightning-fast approvals. Don’t miss out, click now to unveil more about our offers!
Introduction
Securing quick financing in Malaysia is straightforward with a Maybank Personal Loan, a flagship financial product offered by Malayan Banking Berhad (Maybank). Designed for fast cash access, this cash loan provides an excellent path to fund home renovations, consolidate existing credit card debt, or cover sudden emergencies. Borrowers can seamlessly apply online to unlock financing amounts ranging from a minimum of RM5,000 up to a maximum of RM100,000. Understanding how Maybank’s tiered interest rates scale against your total loan amount is key to lowering your monthly commitments and unlocking the best value from your application.
Advantages
Illuminate your journey to financial empowerment with the Maybank personal loan, your beacon of prosperity and opportunity. Discover the unparalleled benefits that await you:
Affordable Monthly Installments
Enjoy the peace of mind that comes with monthly repayments as low as RM102.78*, allowing you to manage your finances effectively and without strain. This affordability ensures that your loan remains manageable and within your budgetary constraints.
Hassle-Free Process
Bid farewell to document stamping and processing fees, as Maybank ensures a seamless borrowing experience, empowering you to take control of your financial future without unnecessary obstacles.
Swift Approval
Experience the thrill of fast approval, enabling you to seize opportunities without delay and embark on your path to success with confidence.
Predictable Repayment: Benefit from fixed monthly installments, providing stability and peace of mind as you plan your budget with certainty.
Flexible Financing Options
Maybank’s personal loan offers a range of loan amounts to suit your needs, starting from a minimum of RM5,000 up to a generous maximum of RM100,000. Whether you require a modest sum or a larger amount to fulfill your financial goals, Maybank has you covered.
Tailored Tenure
Select a repayment tenure that aligns with your financial goals, ranging from 2 to 6 years, allowing you to customize your loan to suit your lifestyle seamlessly.
With Maybank’s personal loan, you have the flexibility to choose a repayment tenure that fits your financial situation. The minimum tenure is 2 years, while the maximum tenure extends up to 6 years. This flexibility allows you to tailor your loan to your specific needs and repayment capabilities.
Competitive Profit Rates
Enjoy competitive fixed rates ranging from 6.5% to 8% per annum, ensuring that you receive the most value for your investment.
For loan amounts ranging from RM5,000 to RM20,000, the interest rate is fixed at 8% per annum.
For loan amounts between RM20,001 and RM50,000, the interest rate stands at a competitive 7% per annum.
And for larger loan amounts ranging from RM50,001 to RM100,000, the interest rate is set at an attractive 6.5% per annum.
Financing the purchase of your property for investment
Financing Package
Margin of Advance Interest Rate
Up to 80% Cost-of-fund +1.25% p.a.
Up to 60% Cost-of-fund +1.00% p.a.
This is a Non-Free Moving Cost package i.e., costs pertaining to legal documentation, disbursements, valuation fees and other relevant costs will be borne by applicants.
Features
Type of Facility: Term Loan
Currency: GBP only
Financing Amount: Minimum loan: £100,000.00, Maximum loan: £5,000,000.00,
Opening of Rent Collection Account: Borrower(s) shall open a Rent Collection Account with Maybank London branch. The net rental proceeds from the mortgage property will be assigned to this account and thereafter your housing loan repayment will be collected from this account.
Conclusion
Ultimately, a Maybank Personal Loan stands out as a highly reliable, fee-free financing option for Malaysian citizens and residents looking to bridge temporary cash flow gaps. With fixed interest rates dropping as low as 6.5% p.a. for larger loan amounts, it remains highly competitive against other conventional lenders in the market. By eliminating standard processing fees and stamp duty costs, Maybank allows applicants to take home the full approved amount without upfront deductions. For individuals seeking a structured loan between RM5,000 and RM100,000, utilizing Maybank’s flexible repayment structures is a smart, balanced move toward achieving immediate financial goals.
Contact Us
Malayan Banking Berhad Menara Maybank 100, Jalan Tun Perak 50050 Kuala Lumpur, Malaysia
There are many advantages if you wish to apply a personal financing Maybank. Apart from no processing fees, your applications are approved faster.
Maybank’s personal loans stand out as the preferred choice for many due to several compelling reasons:
Competitive Rates: Maybank offers highly competitive interest rates, making it an attractive option for those seeking affordable financing solutions.
Swift Approvals: With Maybank, you don’t have to wait endlessly for approval. Our streamlined approval process ensures quick access to funds, helping you meet your financial needs promptly.
Flexible Terms: Whether you need a small amount for a short duration or a larger sum over an extended period, Maybank’s personal loans offer flexible terms tailored to your requirements.
No Hidden Fees: We believe in transparency. With Maybank, you won’t encounter any hidden fees or surprise charges. What you see is what you get, ensuring peace of mind throughout your loan journey.
Convenience: Applying for a personal loan with Maybank is hassle-free. Our user-friendly application process can be completed online or through our branches, providing convenience and accessibility to our customers.
Additional Benefits: Enjoy exclusive perks and benefits when you choose Maybank for your personal financing needs. From preferential rates to special offers, we go the extra mile to enhance your borrowing experience.
Terokai pinjaman peribadi Bank Rakyat untuk keputusan pantas dan manfaat yang hebat. Klik untuk maklumat lanjut dan peroleh kestabilan kewangan. Pembiayaan sehingga RM200,000 dengan pinjaman peribadi Bank Rakyat. Pinjaman peribadi sehingga 35X gaji kasar. Perlindungan Takaful. Biro Angkasa (BPA). Klik di sini sekarang!
Pinjaman Peribadi Rakan Pintar
Pinjaman peribadi-i Rakan Pintar dari Bank Rakyat merupakan pilihan terbaik bagi kakitangan kerajaan dengan tawaran kadar keuntungan yang rendah, dan ia turut menyajikan kelebihan menarik seperti keahlian premium dalam perbankan secara percuma dan ganjaran tunai sebanyak RM0.50 untuk setiap transaksi MEPS dan Tabung Haji di mesin ATM. Ini menjadikan pinjaman peribadi-i Rakan Pintar pilihan yang sangat menarik bagi mereka yang mencari penyelesaian kewangan yang fleksibel dan berbaloi.
Kriteria:
Amaun Pembiayaan sehingga RM200,000: Bank Rakyat menawarkan pembiayaan yang luas sehingga RM200,000, memberi anda kebebasan untuk memenuhi pelbagai keperluan kewangan anda.
Tempoh Pembiayaan sehingga RM10 Tahun: Dengan tempoh pembiayaan yang fleksibel sehingga 10 tahun, anda dapat menyesuaikan bayaran balik bulanan dengan kemampuan kewangan anda.
Margin Pembiayaan sehingga 35 Kali Gaji Kasar Sebulan: Pinjaman ini membenarkan anda untuk mendapatkan pembiayaan sehingga 35 kali gaji kasar sebulan, memberi anda keleluasaan kewangan yang lebih besar untuk mencapai impian dan matlamat anda.
Tiada Penjamin Diperlukan: Anda tidak perlu mencari penjamin untuk mendapatkan pinjaman peribadi anda, menjadikan proses permohonan lebih mudah dan cepat.
Perlindungan Takaful (Pilihan): Anda juga boleh memilih untuk mendapatkan perlindungan Takaful yang memberi ketenangan fikiran dan perlindungan tambahan untuk anda dan keluarga.
Tiada Bayaran Pendahuluan: Tiada sebarang bayaran pendahuluan yang diperlukan untuk memohon pinjaman ini, menjadikan proses permohonan lebih mudah dan mudah diakses.
Potongan Melalui Biro Angkasa (BPA): Pembayaran bulanan pinjaman akan dipotong secara automatik melalui Biro Angkasa, memberikan anda keselesaan dan kemudahan dalam pengurusan kewangan anda.
Cara Memohon Pembiayaan Rakan Pintar
Untuk memohon, sila kunjungi cawangan Bank Rakyat yang terdekat dengan anda. Semua produk, perkhidmatan, dan kemudahan yang ditawarkan mematuhi konsep kewangan Syariah dan memenuhi keperluan Islam yang melarang riba. Dengan pinjaman peribadi Bank Rakyat, anda dapat menikmati kebebasan kewangan dan menjalani kehidupan tanpa bebanan kewangan yang berlebihan.
Overlap Pinjaman Peribadi
Cara Overlap Pinjaman Peribadi Bank Rakyat
Bagi kakitangan awam yang sudah membuat pinjaman peribadi Bank Rakyat dan ingin membuat overlap dengan koperasi, sila dapatkan dahulu penyata penyelesaian awal atau full settlement dengan tempoh surat yang masih sah 30 hari atau lebih untuk mengelakkan berlaku masalah pemohon perlu mendapatkan surat penyata penyelesaian awal sekali lagi.
Sekiranya anda sudah mengetahui jumlah baki yang tinggal untuk pinjaman peribadi Bank Rakyat atau mana-mana koperasi / bank dll dinyatakan dalam surat full settlement, anda bolehlah menghubungi kami untuk proses membuat overlap dengan koperasi dan bank. Sila pastikan tempoh surat full settlement masih sah untuk mengelakkan dari proses menjadi lambat. Ini kerana jika tamat tempoh sah, pemohon mesti mendapatkan surat penyata penyelesaian awal yang baru dan ini akan mengambil masa beberapa hari sebelum proses overlap dapat diteruskan.
Koperasi Dana dari Bank Rakyat
Dalam usaha untuk menyediakan lebih banyak pilihan pembiayaan kepada masyarakat, Bank Rakyat telah menjalin kerjasama dengan beberapa koperasi untuk menyediakan pinjaman peribadi. Antara koperasi yang mendapat dana pinjaman peribadi dari Bank Rakyat termasuklah:
Koperasi Kekal (Koperasi Pendidikan Usahawan Berhad): Menyediakan peluang pembiayaan kepada usahawan dalam bidang pendidikan.
Koperasi Gemilang Siswazah Berhad (Kogemilang): Memberikan sokongan kewangan kepada siswazah untuk memulakan projek atau perniagaan mereka.
Koperasi Perdanajaya Berhad: Menyediakan pelbagai produk pinjaman peribadi untuk membantu ahli-ahli mereka mencapai matlamat kewangan.
Koperasi Kobena: Menawarkan pembiayaan peribadi kepada ahli-ahli mereka untuk pelbagai keperluan termasuk pendidikan, perumahan, dan perniagaan.
Peluang Pembiayaan Bank Rakyat
Walaupun terdapat peluang untuk mendapatkan pinjaman peribadi melalui koperasi yang berkerjasama dengan Bank Rakyat, terdapat beberapa cabaran yang perlu dihadapi oleh pemohon:
Komitmen Luar yang Tinggi: Komitmen luar yang tinggi seperti hutang lain atau tanggungan kewangan boleh menjadi penghalang dalam mendapatkan kelulusan pinjaman peribadi.
Rekod CCRIS atau CTOS yang Tinggi: Rekod yang tidak memuaskan dalam CCRIS atau CTOS juga boleh menyukarkan proses permohonan dan kelulusan pinjaman.
Proses Kelulusan yang Lambat
Berdasarkan pengalaman pada masa lalu, proses kelulusan pinjaman peribadi dari Bank Rakyat melalui koperasi kadang-kadang boleh menjadi lebih lambat berbanding permohonan secara langsung dengan bank. Ini disebabkan oleh proses penyaringan tambahan yang dilakukan oleh kedua-dua pihak, iaitu koperasi dan bank, sebelum kelulusan akhir diberikan kepada pemohon.
Walaupun begitu, bagi sesiapa yang memenuhi syarat-syarat yang ditetapkan dan bersedia menunggu proses yang mungkin sedikit lebih lama, pinjaman peribadi dari Bank Rakyat melalui koperasi masih merupakan pilihan yang baik untuk mendapatkan pembiayaan tambahan yang diperlukan.
Atasi Kegagalan Pinjaman Peribadi
Jika anda menghadapi cabaran dalam mendapatkan pinjaman peribadi dari koperasi yang menggunakan dana Bank Rakyat, terdapat beberapa langkah yang boleh anda ambil:
Mencari Alternatif Koperasi Lain: Selain daripada koperasi yang disenaraikan di atas, terdapat koperasi lain yang mungkin menyediakan pinjaman peribadi dengan syarat dan terma yang sesuai dengan keperluan anda.
Menguruskan Kewangan Sendiri: Bagi sesiapa yang tidak mampu menunggu proses yang agak panjang atau mempunyai keperluan kewangan yang mendesak, memohon pinjaman peribadi melalui koperasi yang menguruskan dana sendiri boleh menjadi pilihan yang baik. Beberapa koperasi yang menawarkan pembiayaan peribadi menggunakan dana sendiri termasuklah Yayasan Ihsan Rakyat (YIR), Yayasan Perlis RCE (YYP), dan Petronesa.
Pilihan Khusus untuk Penjawat Awam
Bagi penjawat awam seperti kakitangan kerajaan dan badan berkanun terpilih, terdapat pilihan lain yang boleh dipertimbangkan jika permohonan pinjaman peribadi dari Bank Rakyat tidak berjaya. Anda masih mempunyai peluang untuk memohon pembiayaan peribadi melalui institusi kewangan lain yang menguruskan dana sendiri.
Teruskan Mencari Penyelesaian yang Sesuai
Walaupun menghadapi kegagalan dalam permohonan pinjaman peribadi dari Bank Rakyat, penting untuk terus mencari penyelesaian yang sesuai dengan keperluan kewangan anda. Sambungkan usaha anda dalam mencari alternatif pembiayaan yang boleh membantu anda menangani keperluan kewangan anda dengan lebih efektif.
Kategori yang Layak
Kategori yang Layak
Kerajaan Berjawatan Tetap
Bagi individu yang berkhidmat dengan kerajaan dalam jawatan tetap, terdapat peluang untuk memohon pinjaman peribadi dari Bank Rakyat. Ini termasuklah kakitangan kerajaan yang mempunyai status pekerjaan yang stabil dan tetap.
Anggota Polis DiRaja Malaysia (PDRM)
Anggota Polis DiRaja Malaysia (PDRM) juga adalah dalam kategori yang layak untuk memohon pinjaman peribadi dari Bank Rakyat. Ini termasuklah pegawai dan anggota polis yang aktif berkhidmat dalam pasukan keselamatan negara.
Badan Berkanun Terpilih
Beberapa badan berkanun terpilih juga mempunyai kelayakan untuk memohon pinjaman peribadi dari Bank Rakyat. Syarat-syarat kelayakan dan kemudahan pinjaman mungkin berbeza bergantung kepada badan berkanun tersebut.
Kategori yang Tidak Layak
Kategori yang Tidak Layak
Swasta, Peniaga, Pelajar, Mahasiswa, Surirumah, Anggota Tentera (Askar)
Bagi individu yang berada dalam kategori seperti swasta, peniaga, pelajar, mahasiswa, surirumah, dan anggota tentera (askar), disayangkan bahawa mereka tidak layak untuk memohon pinjaman peribadi dari Bank Rakyat. Ini mungkin disebabkan oleh faktor risiko kewangan atau kekurangan jaminan yang diperlukan oleh bank untuk memberi pinjaman kepada kumpulan ini.
Mengetahui Kelayakan Anda
Penting untuk memahami kriteria kelayakan sebelum membuat permohonan pinjaman peribadi. Dengan memahami kategori yang layak dan tidak layak, anda dapat membuat persediaan yang sesuai untuk mencari alternatif pembiayaan yang mungkin sesuai dengan keperluan kewangan anda.
Personal Loan Options
Bank Rakyat’s personal loan installment method for the 2021 promotion is meticulously crafted to provide borrowers with flexible and convenient repayment options. Let’s delve into how these installment plans are tailored to suit your financial preferences, ensuring a hassle-free experience while maximizing the benefits of our exclusive promotion.
personal loan installment method
Salary Transfer to Bank Rakyat
Maximum Loan Amount: Up to RM200,000
Eligibility Criteria: Applicants must transfer their salary to Bank Rakyat to qualify for this option.
Biro Perkhidmatan Angkasa (BPA)
Eligibility Criteria: Borrowers must be enrolled in Biro Perkhidmatan Angkasa (BPA) to avail of this repayment method.
Salary Deduction
Eligibility Criteria: Applicants must opt for salary deduction as the repayment method.
Electronic Payment
Eligibility Criteria: Borrowers must agree to electronic payment for loan repayment.
Income Eligibility
The maximum loan amount and income eligibility criteria vary based on the applicant’s gross monthly salary:
RM 1,000 – RM 5,000 Income Range: Borrowers can access up to 5 times their monthly gross salary.
RM 5,001 – RM 10,000 Income Range: Eligible borrowers can obtain financing up to 8 times their monthly gross salary.
More than RM 10,000 Income Range: Borrowers with a monthly gross salary exceeding RM 10,000 can access financing up to 10 times their monthly gross salary.
With Bank Rakyat’s flexible installment method, borrowers can navigate their loan repayment journey with ease, benefiting from tailored options that suit their individual needs and preferences. Don’t miss out on the opportunity to enjoy convenience and financial flexibility—explore Bank Rakyat’s personal loan offerings today!
Financing Rate
Fixed Rate
Payment Type
Tenure
Fixed Rate
Salary Transfer to Bank Rakyat Biro Perkhidmatan Angkasa Salary Deduction
Up to 3 years
4.54%
More than 3 – 10 years
4.99%
Electronic Payment
Up to 3 years
5.64%
More than 3 – 10 years
6.26%
*Note :
The profit rate above is for financing with takaful.
Additional profit rate up t.o 0.86% over the current profit rate for financing without takaful
Fee And Charges
Transaction
Charge
Wakalah or Agency Fee
Wakalah or agency fee of RM28.30
Stamp Duty Fee
0.5% of total financing as contained in the Stamp Duty Act 1949.
Early Settlement Fee
Rebate (Ibra’) will be given on the deferred profit
Late Payment Charges
During financing tenure: 1% per annum on the outstanding amount of the monthly payment After expiry of financing tenure: Shall not be more than the prevailing daily overnight Islamic Interbank Money Market rate (IIMM) on the outstanding balance
Document Required
Documents Required
New Application
Repeated/ Overlapping
Copy of MyKad/MyTentera
✔
✔
Latest 3 months salary slip
✔
✔
Latest 3 months Bank Statements of salary crediting account
Sekiranya agen koperasi yang anda berurusan tidak jujur mengenai kadar faedah, bayaran pinjaman, atau proses kelulusan, kesannya boleh menjadi serius dan merugikan bagi anda sebagai pemohon. Berikut adalah beberapa kemungkinan yang boleh berlaku:
Bayaran Lebih Tinggi: Jika agen koperasi tidak jujur mengenai kadar faedah atau bayaran pinjaman, anda mungkin terikat dengan bayaran yang lebih tinggi daripada yang sepatutnya. Ini boleh menyebabkan beban kewangan yang tidak perlu dan meningkatkan kos pinjaman anda secara keseluruhan.
Kerusakan Kewangan: Maklumat yang tidak jujur mengenai proses kelulusan atau syarat-syarat pinjaman boleh membawa kepada keputusan yang tidak berfaedah atau merugikan. Misalnya, jika agen koperasi menjanjikan kelulusan yang cepat tetapi proses sebenarnya adalah lambat, anda mungkin terpaksa menanggung kos tambahan atau kelewatan dalam menerima dana yang diperlukan.
Kehilangan Kepercayaan: Tindakan tidak jujur oleh agen koperasi boleh merosakkan kepercayaan anda terhadap institusi koperasi itu sendiri. Ini boleh menyebabkan anda kehilangan keyakinan dalam sistem koperasi dan mungkin memilih untuk tidak berurusan dengan mereka lagi di masa akan datang.
Potensi Kerugian Kewangan: Sekiranya agen koperasi mengenakan bayaran upfront atau yuran yang tidak wajar tanpa memberikan perkhidmatan yang berkualiti, anda mungkin berisiko kehilangan wang atau mengalami kerugian kewangan yang tidak dapat dipulihkan.
Oleh itu, adalah penting untuk melakukan penyelidikan yang teliti dan mendapatkan maklumat yang tepat sebelum membuat keputusan untuk berurusan dengan agen koperasi atau mana-mana institusi kewangan. Jika anda mengalami situasi di mana agen koperasi tidak jujur atau tidak bercakap benar, adalah penting untuk melaporkan perkara tersebut kepada pihak berkuasa yang berkenaan dan mencari nasihat daripada pakar kewangan yang bertauliah.
Ramai penjawat awam memilih pinjaman peribadi menggunakan dana Bank Rakyat kerana terdapat beberapa kelebihan yang ditawarkan oleh Bank Rakyat yang menarik bagi mereka. Berikut adalah beberapa faktor yang mungkin menyumbang kepada populariti pinjaman peribadi Bank Rakyat di kalangan penjawat awam:
Kadar Faedah Kompetitif: Bank Rakyat sering menawarkan kadar faedah yang kompetitif untuk pinjaman peribadi kepada penjawat awam. Kadar faedah yang rendah ini menjadikan pinjaman lebih terjangkau dan menjimatkan kos bagi peminjam.
Kemudahan Proses: Bank Rakyat biasanya menawarkan kemudahan proses yang mudah dan cepat untuk pemohon. Ini termasuk kemudahan dalam membuat permohonan secara dalam talian atau melalui agen yang datang ke tempat kerja pemohon, yang membuat proses pinjaman menjadi lebih mudah dan efisien.
Perkhidmatan Berorientasikan Pelanggan: Bank Rakyat dikenali kerana perkhidmatan pelanggan yang baik dan berorientasikan pelanggan. Mereka sering memberikan nasihat yang berguna dan membantu pemohon dalam memahami syarat-syarat pinjaman dan membuat keputusan yang terbaik mengenai pinjaman peribadi mereka.
Pakej Pinjaman yang Fleksibel: Bank Rakyat menawarkan pelbagai pakej pinjaman peribadi yang fleksibel untuk memenuhi keperluan pelbagai golongan penjawat awam. Ini termasuk pelan ansuran yang fleksibel dan tempoh pembayaran yang boleh disesuaikan mengikut kemampuan pemohon.
Reputasi dan Kepercayaan: Bank Rakyat mempunyai reputasi yang kukuh sebagai institusi kewangan yang dipercayai dan beretika. Ini memberikan keyakinan kepada penjawat awam bahawa mereka berurusan dengan institusi yang sah dan bertanggungjawab.
Kesimpulannya, kombinasi antara kadar faedah yang kompetitif, kemudahan proses, perkhidmatan berorientasikan pelanggan, pakej pinjaman yang fleksibel, dan reputasi yang baik membuatkan pinjaman peribadi Bank Rakyat menjadi pilihan yang popular di kalangan penjawat awam.
Planning to apply for a UOB personal loan in Malaysia? Compare the latest interest rates, income requirements, and hidden fees before submitting your application.
Introduction
Managing immediate cash flow needs or consolidating your high-interest debts is simpler with a UOB Personal Loan, a prominent financial product provided by United Overseas Bank (Malaysia) Berhad (UOB). Tailored for fast financial relief, this conventional cash loan allows eligible individuals to unlock flexible funding amounts ranging from a minimum of RM5,000 up to a maximum of RM100,000. Existing customers and new applicants can easily submit their requests directly via the bank’s digital pipeline, avoiding the stress of upfront collateral or locating a guarantor. However, successfully navigating the final cost depends entirely on how your monthly gross income aligns with the bank’s tiered interest structures.
Interest Rates Tailored to Your Income
UOB Bank understands that every individual’s financial situation is unique. That’s why our Personal Loan offers different interest rates based on your monthly income, ensuring that you get a rate that aligns with your earnings:
Monthly Income (Salaried)
Monthly Income (Self-Employed)
Interest Rate (p.a.)
RM2,000 – RM4,000
RM3,000 – RM6,000
11.99%
RM4,000 – RM7,000
RM6,000 – RM8,000
10.99%
RM7,000 and above
RM8,000 and above
9.99%
0.83% is rounded to the nearest 1 decimal point from 0.833%, based on interestrate at 9.99% p.a.
Loan Amount: up to RM100,000
You can choose from a minimum loan of RM5,000 up to a maximum of RM100,000 cash (50,000 for self-employed applicants).
It gives you the flexibility to opt for a loan tenure that suits your financial style. Our flexible repayment loan tenure options are:
Monthly Income (Salaried)
Monthly Income (Self-Employed)
Interest Rate (p.a.)
Loan Tenure (Months)
RM2,000 – RM4,000
RM3,000 – RM6,000
11.99%
12, 18, 24, 30, 36, 42, 48, 54, 60
RM4,000 – RM7,000
RM6,000 – RM8,000
10.99%
12, 18, 24, 30, 36, 42, 48, 54, 60
RM7,000 and above
RM8,000 and above
9.99%
12, 18, 24, 30, 36, 42, 48, 54, 60
Flexible Loan Amounts and Tenures
With a loan amount ranging from RM5,000 up to a maximum of RM100,000 (RM50,000 for self-employed applicants), UOB ensures that you have access to the funds you need, whether it’s for smaller expenses or more significant investments. Moreover, you have the flexibility to choose a loan tenure that best suits your financial style. Our flexible repayment options include tenures of 12, 18, 24, 30, 36, 42, 48, 54, or 60 months, allowing you to manage your repayments in a manner that fits your budget and goals.
Transparent and Competitive Rates
At UOB, transparency and fairness are paramount. That’s why we ensure that our interest rates are clear and competitive, enabling you to make informed decisions about your financial commitments. Additionally, with a rounded interest rate to the nearest decimal point, such as 0.83% (from 0.833% for a 9.99% p.a. interest rate), we strive to provide you with a hassle-free borrowing experience.
Tailored Features for Diverse Financial Needs
UOB stands out as the premier choice for personal loans, offering enticing features designed to cater to diverse financial needs. With a keen focus on affordability and convenience, UOB ensures low monthly installments, easing the burden on individuals and enabling them to manage their finances more effectively. Whether it’s fulfilling personal aspirations, handling unexpected expenses, or seizing investment opportunities, UOB Bank’s personal loan provides the necessary financial flexibility to achieve more.
Empowering Customers with Confidence
What sets UOB apart is its commitment to empowering customers with extra funds, enabling them to pursue their goals with confidence. With a maximum loan amount of RM100,000, UOB offers substantial financial support to address various needs, including education, home improvement, travel, or debt consolidation. Moreover, with starting installments as low as RM124.96*, UOB ensures that borrowers can access these funds without excessively burdening their monthly budgets.
Enhancing Lifestyles and Unlocking Opportunities
UOB Bank’s personal loan isn’t just about financial assistance; it’s about enhancing lifestyles and unlocking opportunities. By providing competitive interest rates and flexible repayment terms, UOB empowers individuals to seize the moment and turn their aspirations into reality. With instant approval processes and efficient customer service, UOB streamlines the loan application journey, ensuring a hassle-free experience for customers.
Your Partner in Financial Empowerment
Whether you’re a government servant, private sector employee, or self-employed individual, UOB welcomes you to explore its personal loan offerings and embark on a journey towards financial empowerment. Our dedicated team of professionals is ready to assist you every step of the way. Visit our website or reach out to us today to learn more about how UOB Bank’s personal loan can transform your financial landscape. Experience the difference with UOB and take the first step towards a brighter financial future.
Advantages
Advantages
Embracing Financial Freedom
At UOB Bank, we believe in empowering individuals to embrace financial freedom without unnecessary constraints. Our Personal Loan offering ensures that you can obtain the funds you need without the burden of additional fees or collateral requirements.
Simplified Borrowing Experience
Gone are the days of complicated application processes and stringent collateral demands. With UOB, we’ve simplified the borrowing experience to make it easier for you to access funds when you need them the most. Say goodbye to processing fees, the hassle of finding a guarantor, and the stress of providing collateral.
Straightforward Application Process
Applying for personal financing with UOB is a breeze. Our streamlined application process means you can submit your application form along with the necessary supporting documents with ease. No need to navigate through layers of paperwork or jump through hoops—just a straightforward process designed to save you time and effort.
Empowering Financial Choices
UOB is committed to providing you with the tools and resources you need to make informed financial decisions. With our personal loan offering, you have the freedom to explore possibilities, fulfill your aspirations, and seize opportunities without unnecessary complications.
Convenience and Empowerment
Experience the convenience and empowerment of borrowing with UOB. Whether you’re planning a home renovation, pursuing further education, or seizing a once-in-a-lifetime investment opportunity, our personal loan is here to support you every step of the way. Choose UOB for a hassle-free, convenient, and empowering financial experience.
Repayment Schedule
By eliminating unnecessary complexities and providing straightforward application procedures, UOB sets a new standard for personal financing. Borrowers can confidently apply for loans knowing they’ll receive transparent terms, competitive rates, and exceptional service from start to finish.
Agrobank offers some of the best personal loans in Malaysia, with low interest rates, flexible repayment terms, and government-backed stability. Discover financing options tailored to your needs.
Introduction
Established in 1969, Agrobank has played a vital role in the development of Malaysia’s agriculture sector. Since July 1, 2015, it has become a fully-fledged Islamic bank, offering Shariah-compliant products and solutions to various customer segments including corporate, commercial, consumer, trade finance, and micro-financing.
Development and Commercial Roles
As a Market-Driven, Customer-Centric Development Financial Institution (DFI), Agrobank focuses primarily on strengthening the agriculture sector in Malaysia. It strikes an equal balance between developmental and commercial roles to benefit the agriculture sector.
Comprehensive Financing Solutions
From Upstream to Downstream
Agrobank provides a wide range of financing solutions for the agriculture community, covering upstream activities related to primary food and commodities-based agriculture activities, to downstream activities such as processing, marketing, and distribution of agricultural products. It also offers retail banking financing solutions to enhance the well-being of the agriculture community.
Customer Service Network
This is achieved through its network of 192 customer touchpoints including 138 branches, 1 agro banking, 1 virtual banking, 10 commercial financing centers, 34 kiosks, 8 agro corners, and agro points. In 2019, Agrobank celebrates its Golden Jubilee Anniversary, marking 50 years of its proud establishment in developing the agro industry.
VBI Initiative
VBI or Value-Based Intermediation is an initiative by Bank Negara Malaysia (BNM) which aims to improve the products and services offered by Islamic financial institutions towards better facilitation of entrepreneurship, community well-being, sustainable environment, and economic growth, without compromising on shareholders’ returns.
Consumer Product & Services
Hartani-i (Tawarruq)
Hartani-i serves as a financing solution for Government Servants, Private Sector Employees, and Stable Income Earners seeking to acquire agricultural land. This facility facilitates the purchase of land directly from vendors, through public auctions, or from land auctioned by Bank Pertanian Malaysia Berhad. Agrobank considers financing only if the land possesses an individual title, has been sub-divided, or is awaiting the issuance of an individual title.
Ar-Rahnu
Ar-Rahnu offers a short-term Islamic Pawnbroking Facility, enabling customers to access instant cash by leveraging gold items as collateral. This flexible solution provides individuals with a quick and convenient method to secure financing while retaining ownership of their valuable assets.
AgroCash-i
AgroCash-i is a personal financing facility designed to meet consumer financing needs primarily related to agriculture and agro-based activities. Utilizing Tawarruq transactions, this product empowers customers to access funds for various purposes, enhancing their financial flexibility and supporting their agricultural endeavors.
Personal Loan for Government Staff
Accessible Financing for Government Employees
Discover Agrobank’s tailored personal loan solution designed to meet the diverse financial needs of government staff. With competitive interest rates, eligible applicants aged between 18 to 60, or up to retirement age, can benefit. Whether confirmed or under probation, applicants must have a minimum gross salary of RM1,000 per month. Enjoy flexible financing options of up to RM200,000, with a maximum tenure of 10 years, ensuring financial empowerment and security. Consider opting for Skim Takaful Kredit for additional peace of mind.
GLC Staff Personal Loan
At Agrobank, we recognize the significance of financial empowerment for GLC (Government-Linked Company) staff. Our BR + 3.67% /p.a offers a tailored solution to address your financial needs with ease and convenience.
Eligibility Criteria
Details
Age Requirement
Applicants must be between 21 to 60 years old or up to retirement age, whichever comes earlier.
Employment Status
Permanent staff members of GLCs with at least one year of confirmed service.
Minimum Gross Salary
RM2,000 gross salary per month.
Optional Takaful Coverage
Customers are encouraged to take Skim Takaful Kredit for added protection and peace of mind.
Loan Details
Terms
Financing Amount
Eligible applicants can access financing of up to RM200,000.
Financing Tenure
Flexible repayment options with a financing tenure of up to 10 years.
Apply Today
Take the first step towards realizing your financial aspirations with Agrobank. Our streamlined application process ensures quick approval, enabling you to access the funds you need without delay. Contact us today to learn more about our competitive interest rates, flexible repayment terms, and personalized financial solutions tailored to meet your needs.
AgroBank Cash-i Facility
Looking for the perfect personal loan solution? Look no further than Cash-i. Tailored for Government Employees and GLC staff, this Shariah-compliant financing option offers a generous financing limit of up to RM200,000. Whether you’re consolidating debts or funding a home renovation project, AgroBank has you covered. Apply now and take control of your financial future!
AgroBank Cash-i facility caters to consumer financing needs, particularly in agriculture and agro-based activities. Utilizing Tawarruq transactions, the Cash-i ensures efficient implementation, providing customers with access to funds for various agricultural ventures and related expenses. This Shariah-compliant financing solution aligns with the principles of Islamic banking, offering customers a reliable and ethical means to support their agricultural endeavors and contribute to the growth of the agricultural sector.
Eligibility Criteria
Government Employees
GLC Staff
Age Requirement
18 to 60 or up to retirement age, whichever is earlier
21 to 60 or up to retirement age, whichever is earlier
Eligibility
Permanent and have served for at least 6 months (confirmed or under probation)
Permanent staff and have been confirmed with at least one year of service
Minimum Salary Requirement
RM1,000 gross salary per month
RM2,000 gross salary per month
Takaful Coverage
Customers are encouraged to take Skim Takaful Kredit for added protection and security
Agrobank Cash-i
The Cash-i is a Shariah-compliant financing facility that caters to consumer financing needs, particularly in agriculture and agro-based activities. Utilizing Tawarruq transactions, the Cash-i ensures efficient implementation, providing customers with access to funds for various agricultural ventures and related expenses. This Shariah-compliant financing solution aligns with the principles of Islamic banking, offering customers a reliable and ethical means to support their agricultural endeavors and contribute to the growth of the agricultural sector.
Eligibility Criteria
Government Employees
GLC Staff
Age Requirement
18 to 60 or up to retirement age
21 to 60 or up to retirement age
Eligibility
Permanent and have served for at least 6 months (confirmed or under probation)
Permanent staff and has been confirmed with at least one year of service
Min. Salary Requirement
RM1,000 gross salary per month
RM2,000 gross salary per month
Takaful Coverage
Customer is encouraged to take Skim Takaful Kredit
Financing Options and Payment Periods
The Cash-i offers various financing options and flexible payment periods tailored to meet the diverse financial needs of customers:
Financing Quantum: Ranging from a minimum of RM10,000 to a maximum of RM200,000, providing customers with access to substantial funds.
Payment Period: Extending up to 10 years (120 months) or until the borrower reaches retirement age, whichever comes earlier, offering flexibility in repayment.
Profit Rates and Additional Features
Profit Rates: Subject to eligibility and current market conditions, with rates ranging from BR + 2.85% p.a to BR + 3.67% p.a for eligible applicants. Customers with unsatisfactory credit assessments may incur higher profit rates.
Ceiling Profit Rate (CPR) and Effective Profit Rate (EPR): Capped at BR + 7.15% p.a or 10% p.a, ensuring transparency and adherence to Shariah principles.
Fees and Charges
Stamp Duty
Stamp Duty is levied in accordance with the Stamp Act 1949 (Revised 1989). This statutory requirement ensures compliance with legal obligations and regulations pertaining to financial transactions.
Advanced Installment
AgroBank offers the option for advance payment of installments, providing customers with the opportunity to settle three (3) months’ worth of installments in advance. These advanced payments serve as a buffer against default, contributing to the smooth management of the financing arrangement.
The amount equivalent to three (3) month installments is deducted from the financing amount.
Advance installments are deducted before the financing is matured or settled, enhancing financial planning and management.
Brokerage Fee
A brokerage fee of RM 30 per transaction is applicable, subject to Service Tax at a rate of 6% if applicable. This fee covers administrative costs associated with facilitating transactions and ensuring efficient service delivery to customers.
Note: AgroBank is committed to transparency and customer satisfaction. Any changes to fees and charges will be communicated to customers at least 21 days before the effective date, ensuring clarity and informed decision-making.
Contact Us
Agrobank Malaysia My office Leboh Pasar Besar, City Centre, 50050 Kuala Lumpur
