Bank islam personal loan repayment table 2015

 

bank islam personal loan repayment table 2015

Bank Islam Personal Financing-i is a loan package that is offered for public sectors and selected GLCs only. So the loan is not available for anyone working in the private sector. This product is Shariah based on Wakalah contract. There are three interest rates  tiers where you can enjoy better interest if you opt for selected Takaful products. The product includes TakafulWill writing, Banca Takaful or BankIslam Card-i. The loan available is from RM 10,000 to RM 200,000. The loan amount would be subjected to criteria such as monthly income. Applicants can even loan more than RM 200,000 if they provide collateral as security to Bank Islam.

As of personal loans in Malaysia, there are no collateral nor guarantor is needed for the loan. However you may need a collateral or guarantor if you credit score is not strong. One point that differentiate this personal loan is there are options for fixed or floating interest rates. This may not be a good advantage during good economy times but is certainly beneficial during recession period where interest rates can shoot over 10% in Malaysia.

The payment for Bank Islam Personal Financing-i  is done via auto salary deduction or salary transfer to Bank Islam. The maximum deductable would be 50% to 60% of salary.

Bank islam personal loan repayment table 2015

Skim ini adalah melalui Bank Islam (Malaysia) Berhad.
Permohon hendaklah bergaji bersih sekurang-kurangnya RM 1,900 sebulan . Setiap permohon graduan yang baru kerja mestilah di dalam taraf PERKERJAAN TETAP . Bagi perkerja KONTRAK boleh juga memohon sekiranya kontrak melebihi 6 bulan dan kemungkinan pihak bank memerlukan Penjamin ( ibubapa atau adik-beradik) .

* Fotostat IC
* Fotostat Lesen Memandu
* Slip Gaji ( sekurang-kurang 1 bulan ) jika ada
* Penyata Bank
* Surat Tawaran Kerja / Surat Pengesahan Jawatan
* Fotostat Diploma / Ijazah / Master

Bank Islam Personal Financing-i is a loan package that is offered for public sectors and selected GLCs only. So the loan is not available for anyone working in the private sector. This product is Shariah based on Wakalah contract. There are three interest rates  tiers where you can enjoy better interest if you opt for selected Takaful products. The product includes TakafulWill writing, Banca Takaful or BankIslam Card-i. The loan available is from RM 10,000 to RM 200,000. The loan amount would be subjected to criteria such as monthly income. Applicants can even loan more than RM 200,000 if they provide collateral as security to Bank Islam.

As of personal loans in Malaysia, there are no collateral nor guarantor is needed for the loan. However you may need a collateral or guarantor if you credit score is not strong. One point that differentiate this personal loan is there are options for fixed or floating interest rates. This may not be a good advantage during good economy times but is certainly beneficial during recession period where interest rates can shoot over 10% in Malaysia.

The payment for Bank Islam Personal Financing-i  is done via auto salary deduction or salary transfer to Bank Islam. The maximum deductable would be 50% to 60% of salary.

You also can make the most of your free Takaful insurance, which in Islamic banking, is one of the most lucrative products in the market. Also, being a hard core Shariah law of financing initiatives in Malaysia, they also ensure that the personal loan options do not come to people with hidden charges or even processing fees. You can also, get personal finance against structured finance, fixed deposit or unit trust. The personal loan interest rate for Bank Islam in Malaysia is as low as 7.85%, which is phenomenal for a product, with already so many benefits. Read on to know more about this product.

Bank Islam personal financing offers a host of great features and benefits to customers. Listed below are some of these features.

A personal loan scheme based on Islamic banking concepts, suitable for customers who wish to avail Islamic Banking financial products.