BSN or Bank Simpanan Nasional is one of Malaysia’s most trusted names in finance. They believe in improving the quality of life for all Malaysians. As such, their financial products are created to fit the needs, preferences, and profiles of its customers. Read more Show less
A personal loan designed for the executive employee to fulfil their financing needs with fixed interest rates.
Fixed Interest Rate
A personal loan that can help fulfil your financial and personal needs at a floating market rate that meets the latest market conditions.
Bank Simpanan Nasional, or BSN for short, is a Malaysian government owned bank. BSN’s mission is to encourage better and smarter money management among Malaysian citizens, including savings and investments. Aside from their mission, they also provide financial products such as personal loans.
Malaysians who are aged 21 to 55 years old with a monthly income of RM3,000, and is an employee of:
Premier Developer Panel
Licensed Financial Institution
Petronas Group of Companies
Selected Private Universities
Government Linked Company
Selected Public Listed
Companies in Main Market Bursa Malaysia
Architect, Lawyer, Accountant etc
No, a guarantor or collateral is not necessary.
The maximum amount that you can borrow depends on your income. If your monthly income is between RM3,000 to RM5,000, you can borrow up to 5x your monthly income; if RM5,001 to RM10,000, you can borrow up to 7x your monthly income; and if your monthly income is above RM10,000, you can borrow up to 10x your monthly income or a maximum of RM200,000.
The base rate on the loan is comprised of two different parts: Cost of Funds (COF) at the highest rate and Mandated Holding Cost. The current Base Rate as of 7th February 2018 is 4.10%.
The Base Rat may change due to changes in
the COF and Mandated Holding Cost because of plans, strategies, and the general
market conditions as decided by Bank Negara Malaysia.
Yes, you can. You can do so at any time during the loan tenure of EKSEKUTIF-1 with Floating Rate Personal Loan. There is no Early Settlement Charge.