Agrobank AgroCash-i
Min. Interest Rate4.98% p.a.
Max. Loan AmountRM 250,000
Max. Tenure10 years
Min. Interest Rate4.98% p.a.
Max. Loan AmountRM 250,000
Max. Tenure10 years
Agrobank AgroCash-i gives civil servants and GLC staff access to Islamic personal financing
Calculate your monthly repayment
*Profit rate, monthly repayment, and total repayment amount displayed are estimates for illustrative purposes only. The actual financing terms, including the approved amount, and final profits are subject to assessment and approval by the lending party.
Fees and Charges
Profit RateAs low as 4.98% p.a.**Subject to terms and conditions
Stamp Duty
0.50%0.50% of the total amountAs per the Stamp Duty Act 1949 (Revised 1989)
Processing Fee
Exempted
Late Payment Fee
1.00% on such overdue amountAnd per annum
Early Termination Fee
Exempted
Eligibility
Min. IncomeRM 1,000per monthRM 12,000 per year
Who Can Apply?Malaysian citizens18 - 60 years old
Employment Status
- Government employee & government-Linked Company employee
Documents required to apply
- A copy of your IC (both sides)
- Latest 3 months salary slip
- Latest 3 months bank statement (with salary being credited)
- Letter of employment or employer confirmation
Loan Repayment Table
| Financing Amount | Financing Tenure | Min. Income | Profit Rate |
|---|---|---|---|
| RM 5,000 - RM 49,999 | 12 - 120 months | min. RM 12,000 | 4.98% p.a. - 5.00% p.a. |
| RM 50,000 - RM 250,000 | 12 - 120 months | min. RM 12,000 | 5.18% p.a. - 5.20% p.a. |
Features
No collateral or guarantor required
It is based on Tawarruq transaction
Fast approval
Longer repayment tenure for up to 10 years
Suitable for those seeking to accomplish their agricultural dreams
Only for Government and GLC employees