Bank Islam Personal Financing-i Package
Min. Interest Rate7.15% p.a.
Max. Loan AmountRM 400,000
Max. Tenure10 years
Min. Interest Rate7.15% p.a.
Max. Loan AmountRM 400,000
Max. Tenure10 years
Shariah-compliant financing up to RM400,000 at rates from 7.15% p.a. No collateral needed.
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 7.15% p.a.**Subject to terms and conditions
Stamp Duty
0.50%0.50% of the total amountAs per the Stamp Act 1949 (Revised 1989)
Processing Fee
Exempted
Late Payment Fee
1.00% on such overdue amount
Early Termination Fee
Exempted
Eligibility
Min. IncomeRM 2,000per monthRM 24,000 per year
Who Can Apply?Malaysian citizens18 - 60 years old
Employment Status
- Salaried employee
- Government employee
- Selected Public Listed Company employee
- Subsidiaries of Government or Selected Public Listed Company
- Other Prominent Private Limited Companies as categorized under package companies listed by Bank Islam
Documents required to apply
- A copy of your IC (both sides)
- Latest 3 months salary slips
- Latest 3 months bank statement (with salary being credited)
- Latest B/BE Form with official tax receipt
- Latest EPF statement
- Letter of employment or employer confirmation
Loan Repayment Table
| Financing Amount | Financing Tenure | Min. Income | Profit Rate |
|---|---|---|---|
| RM 10,000 - RM 400,000 | 12 - 120 months | min. RM 24,000 | 7.15% p.a. - 9.05% p.a. |
Features
No collateral or guarantor required
Profit rates as low as 7.15% p.a. (Without Takaful coverage)
Takaful coverage is optional
Fast approval
No deposit
No processing fee
Minimum loan amount: RM10,000
Maximum loan amount: RM400,000
Minimum duration of the loan: 12 months
Maximum duration of the loan: 120 months