MBSB Afdhal-i
Min. Interest Rate3.72% p.a.
Max. Loan AmountRM 400,000
Max. Tenure10 years
Min. Interest Rate3.72% p.a.
Max. Loan AmountRM 400,000
Max. Tenure10 years
Personal financing up to RM400,000, with profit rates from 3.72% p.a. for contract Government and selected GLCs employees.
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 3.72% p.a.**Subject to terms and conditions
Stamp Duty
Exempted
Processing Fee
RM 34.00As Wakalah Fee
Late Payment Fee
1.00% on such overdue amount1% p.a. on such overdue amount during the facility tenure or if it’s after the maturity of the facility tenure, then a rate that won’t exceed the prevailing daily overnight Islamic Interbank Money Market rate (IIMM) will be charged on the outstanding balance
Early Termination Fee
Exempted
Eligibility
Min. IncomeRM 3,000per monthRM 36,000 per year
Who Can Apply?Malaysian citizens19 - 60 years old
Employment Status
- Government employee
- GLC employees
- Contract employees of Government, GLCs, local councils and selected companies having salary deduction arrangements with the Bank with at least 12 months in service (applicable for Biro cases only)
- Permanent/Contract employees of listed Private Sector companies having salary deduction arrangement with the Bank (Non-Biro)
- Premium customers - High income employees (contract/permanent) of Government, GLCs, SGLCs, statutory bodies and selected private companies with at least 5 years in service
Documents required to apply
- Copy of identity card (front & back)
- 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
- A copy of BPA form
Loan Repayment Table
| Financing Amount | Financing Tenure | Min. Income | Profit Rate |
|---|---|---|---|
| RM 10,000 - RM 400,000 | 24 - 120 months | min. RM 36,000 | 3.72% p.a. - 7.00% p.a. |
Features
Profit rates from 3.72% - 7.00% p.a.
High financing amount of up to RM400,000
No guarantor is required and no early settlement charges
For contract government and selected GLCs employees, including premium customers with high income in selected sectors and private companies (at least with 5 years of service)
Optional Takaful coverage
Convenient mode of payment through salary deduction, any nearest MBSB Bank branches, digital payment via Interbank Giro/Instant Transfer, or Standing Instruction/Auto Debit
Minimum loan amount: RM10,000
Maximum loan amount: RM400,000
Minimum duration of the loan: 24 months
Maximum duration of the loan: 120 months