KUALA LUMPUR: Bank Islam Malaysia Bhd will offer deferment or suspension of all financing repayments for six months for individual borrowers and small and medium enterprises (SMEs). Tenure over 2 years Monthly Repayment RM528.75; Standard Chartered CashOne Interest Rate from 5.5% p.a. 4 to 10 years: Base Rate + 3.15% p.a Bank Islam Personal Financing-i is a loan package that is offered for public sectors and selected GLCs only. Your one-stop solar marketplace +60 19-207 4988 You can get a Personal Loan from Rs. There are three interest rates tiers where you can enjoy better inter… Bank Islam Personal Financing-i (Non-Package) - 6.00% p.a. With a quick approval on Personal Loans, turn your dreams into reality! It is quite straightforward until you come across some terms and jargons that you are … A secured/unsecured financing package to meet your financial needs. 2. Pembiayaan maksimum adalah 10 tahun pembayaran balik pada umur persaraan. Bank Islam, or Bank Islam Malaysia Berhad, is an Islamic bank that is based in Malaysia. It was founded in 1983 and is headquartered in Kuala Lumpur. Beware of spoof e-mail, fraudulent telephone call or SMS requesting for personal banking information or updating of your Bank Islam account information Bank Islam will NEVER request for Internet Banking Account updating via e-mail or disclosure of customers personal identification number (Login ID, password and i-Access Code) to third parties under any circumstance KUALA LUMPUR: Bank Islam Malaysia Bhd is offering customers affected by floods a loan … Bank Islam is a multinational, Islamic bank with 149 Branches. RM 300,000: Tenure: Min. 1.1 Documents Required by Top Banks; 2 HDFC Personal Loan Offers. Select from All banks. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy. Bagi pinjaman peribadi Bank Islam sektor awa… They do offer conventional banking services too. Personal Financing; Home Financing; Vehicle Financing; Guide for Consumer on Reference Rate; Agent Banking; Wealth Management. Bank Islam Personal Financing-i (Package) offers starting fixed interest rate from 4.99%p.a., approved loan amount of up to RM200,000 and max. 50,000 upto Rs. Bank Islam was established in 1983 to address the financial needs of Malaysia’s Muslim population. Personal Loan » Bank Islam. 1 year | Max. 4-10 years : Base Rate (BR) + 2.11% p.a (Profit is calculated on a daily basis based on “Monthly Rest”). loan tenure up to 10 years. Notice: Undefined offset: 0 in /var/www/html/wp-content/themes/comparehero/header-partner.php on line 257. The loan must be paid back in fixed amount installments, every month until the end of tenure. Certificate from one of institution below: Society of Actuaries (SOA) – United States, Casualty Actuarial Society (CAS) – United States, Institute and Faculty of Actuaries (I&FA) – United Kingdom, Salary Transfer to Bank Islam with Auto-debit instruction. Having Takaful means that you can enjoy better interest rates and having protection for your installments in case of unfortunate incident. What is the applied Shariah concept? Bank Islam's Cash Line-i allows you to borrow between RM 5,000 and RM 200,000 over flexible repayment periods between 1 to 5 years. … Applicant must be above 25 years old and not exceeding the retirement age at the end of payment period, Working as a professional in Medical Doctor, Dentist, Accountant, Engineer, Lecturer, Architect, Safety Officer, Pharmacist, Veterinary, Optometrist or Optician, Quantity Surveyor and Actuary. For LOCUM, additional letter/payment voucher from respective clinic or hospital, Professional Certificate from MICPA/ACCA/CIMA/CFA. RM 10,000 | Max. We’ve Compared Top 4 Pocket WiFis And Found The Best Deal! Personal Financing; Home Financing; Vehicle Financing; Guide for Consumer on Reference Rate; Agent Banking; Wealth Management. © 2021 CompareHero.my (Compargo Malaysia Sdn Bhd, 201301020939). Personal Financing; Home Financing; Vehicle Financing; Guide for Consumer on Reference Rate; Agent Banking; Wealth Management. It has made long strides to become a global leader in Islamic banking and in upholding its status as the symbol of Islamic banking in Malaysia. Bank Islam Credit Card-i; Bank Islam Debit Card-i; Form & Programs for Bank Islam Card-i; TruRewards Loyalty Programme; Promotions; List of Campaign Winners; Financing. 10 year: Profit Rates (fix rate) ... Auto Debit function through Bank Islam or Bank Islam CASA account : Back Apply. It is Shariah-compliant and uses the Shariah concept of Tawarruq. Effective profit rate: 6.15% to 13.12% (dependent on tenure). 4-10 years : Base Rate (BR) + 5.28% p.a (Profit is calculated on a daily basis based on “Monthly Rest”). Bank Islam Flat Rate Personal Financing-i Package For employees in the public sector: consolidate all your debt, renovate your home or pay for immediate needs with a fast approval Shariah compliant personal financing from Bank Islam. It has made long strides to become a global leader in Islamic banking and in upholding its status as the symbol of Islamic banking in Malaysia. Syarat kelayakan yang ditetapkan oleh pihak Bank Islam untuk mohon pelan pembiayaan ini tidak membebankan. Floating Rate. Credit Card Past Promotions Terms and Conditions, Maybank Islamic Berhad Launches First-in-market Islamic Corporate Card With A Charity Element, Best 12.12 Credit Card Discounts For Shopee, Bank Negara Malaysia Reassures Borrowers Repayment Assistance To Continue Until Next Year, Bank Negara Malaysia Receives 500,000 Applications For Repayment Assistance Amid Moratorium Conclusion. In another narration, he said, peace be upon him: Charity (Sadaqah) has the reward of ten and the loan (Qardh) has the reward of eighteen. A financing solution that you can secure against your fixed deposit, structured investment, or unit trust. Enjoy more benefits by applying for your Bank Islam Credit Cards today! Bank Islam Credit Card-i; Bank Islam Debit Card-i; Form & Programs for Bank Islam Card-i; TruRewards Loyalty Programme; Promotions; List of Campaign Winners; Financing. 1-3 year : Base Rate (BR) + 1.90% p.a (Profit is calculated on a daily basis based on “Monthly Rest”). Apply now Flat Profit Rate Bank Islam Personal Loan Bank Islam is the pioneer of Shariah-based banking in Malaysia and South East Asia. PEMBIAYAAN PERIBADI - I (FIXED RATE) Financing Amount: Min. How Do You Make A Travel Insurance Claim? In case of financing required for land + construction, we can finance 50% of the cost of land at the time of Property purchase. However, you should still repay your personal loan on time to avoid late penalty charges or negative impact on your credit score. So the loan is not available for anyone working in the private sector. Bank Islam is the pioneer of Shariah-based banking in Malaysia and South East Asia. Personal loans are unsecured loans and are therefore not protected by any form of collateral, so if you happen to default on the loan, the lender is not able to automatically take your assets. It is calculated based on a fixed or variable rate. Example: Based on $5000.00 loan at 6.00% amortized over 60 months; $94.36 monthly payment; $661.60 total interest cost over 60 months 3 Excluding real estate secured loans. Personal Financing; Home Financing; Vehicle Financing; Guide for Consumer on Reference Rate; Agent Banking; Wealth Management. Bank Islam Personal Loan Posted on September 11, 2019 by admin Options of fixed or floating interest rates and Takaful Coverage. An Islamic personal loan is where the bank buys an asset on behalf of the borrower and selling it at a profit - this profit rate replaces the interest rate (used by conventional loans) as Islamic loans are prohibited from charging interest (Riba). RBC Royal Bank offers fixed and variable rate loans, easy payment options and more. Bank Islam Credit Card-i; Bank Islam Debit Card-i; Form & Programs for Bank Islam Card-i; TruRewards Loyalty Programme; Promotions; List of Campaign Winners; Financing. All rights reserved. They offer 6 different Credit Cards, 2 Personal Loans and 2 Mortgages. I would like to borrow over. Now you need not postpone things on your bucket list! Bank Islam Credit Card-i; Bank Islam Debit Card-i; Form & Programs for Bank Islam Card-i; TruRewards Loyalty Programme; Promotions; List of Campaign Winners; Financing. The bank was established to fulfil the financial requirements and needs of the Muslims in Malaysia, as well as servicing its financial products to others. Also, you can transfer your existing high interest Personal Loan to Axis Bank as well. Base Rate is determined by Bank Islam’s benchmark Cost Of Funds and the Statutory Reserve Requirement imposed by Bank Negara Malaysia (BNM). Personal Loan » Bank Islam. Bank Islam Credit Card-i; Bank Islam Debit Card-i; Form & Programs for Bank Islam Card-i; TruRewards Loyalty Programme; Promotions; List of Campaign Winners; Financing.  The Shariah concept used is Tawarruq. This means that you can borrow money from the bank without the bank asking for any collateral. Tenure over 2 years Monthly Repayment RM528.75; Standard Chartered CashOne Interest Rate from 5.5% p.a. Bank Islam was the first Shariah based bank in Malaysia and South East Asia. Table of Contents. Personal Financing; Home Financing; Vehicle Financing; Guide for Consumer on Reference Rate; Agent Banking; Wealth Management. Call 1-800-769-2511 or apply in person for your personal loan. FIXED 1 to 10 years : 4.99% p.a. Financing Rate Offer With Takaful Coverage, Note : Revised BR (effective date 10 July 2020) is 2.52% p.a, Financing Rate Offer Without Takaful Coverage, Additional Documents For Respective Professional, RM50.00 – For being the customer’s agent to sell commodity to the Broker, Click here to download Product Disclosure Sheet, PIDM DIS BROCHURE | LIST OF INSURED DEPOSIT, Fully Secured Bank Guarantee-i (BG-i 1:1), Fully Secured Letter of Credit-i (LC-i 1:1), Personal Financing For Professional Program, Based on eligibility limit and subject to minimum amount of RM10,000 and maximum amount of RM300,000, Maximum of 10 years (120 months) or up to the retirement age, whichever is earlier. Bank Islam Credit Card-i; Bank Islam Debit Card-i; Form & Programs for Bank Islam Card-i; TruRewards Loyalty Programme; Promotions; List of Campaign Winners; Financing. You can use a loan to finance a renovation project, make a big purchase or consolidate your higher interest debts. Personal Financing; Home Financing; Vehicle Financing; Guide for Consumer on Reference Rate; Agent Banking; Wealth Management. The services provided by Bank Islam, such as personal loans are all Shariah-compliant. Issue 769: It is permissible to execute a verbal contract for a loan and, as such, by the action that a sum is given to someone with the intention of a loan and the other side takes it with this same intention. Profit Rate Applying for Bank Islam Personal Loan, you get low interest rate, up to 10 years loan tenure and 5 days approval period. Bank Islam Personal Financing-i (package with fixed rate) ditawarkan kepada pemohon yang berumur 18 tahun ke atas dengan pendapatan gaji kasar bulanan tidak kurang daripada RM2,000, atau tahunan RM24,000. Bank Islam Credit Card-i; Bank Islam Debit Card-i; Form & Programs for Bank Islam Card-i; TruRewards Loyalty Programme; Promotions; List of Campaign Winners; Financing. Secured against fixed deposit or structured investment: Secured against fixed deposit or structured investment. Maximum financing amount of RM200,000 (more with collateral), Cancellation Costs when cancelling the financing, Before maturity: 1% p.a. Select from All banks. Loans are available with fixed or variable interest rates and come with flexible repayment options to help you budget. This product is Shariah compliant and is based on Tawarruq buy and sell concept. Fixed income earner with a minimum gross income of RM3,500. I would like to borrow over. Financing Rate Offer With Takaful Coverage. Balance Transfers Vs Debt Consolidation Loan: Which Is Better In Helping You Clear Your Debt? Bank Islam offers many types of Credit Cards and Personal Loans that are suitable to different customers' preferences. It now provides over 70 Shariah-based financial products and banking solutions. Its most favourable rewards programme is known as TruRewards. A personal loan is an unsecured loan you borrow from a bank. … The bank has been playing the leading role in developing Malaysia’s Islamic banking industry and has already provided technical assistance in setting up a few of the Islamic institutions in countries around Asian region such as Thailand, Indonesia and Sri Lanka. The Prihatin Programme is aimed at easing flood victims’ financial burden. - I ( fixed Rate )... Auto Debit function through bank Islam offers many types Credit! Of fixed or variable Rate the bank to a borrower for a fixed period a Financing solution that you use... Your installments in case of unfortunate incident Easy-Pinjaman Ekspres interest Rate from 8.18 % p.a not postpone things on bucket... Use and Privacy Policy are all Shariah-compliant Lowest interest rates and come with repayment. Your dreams into reality Wealth Management use a Loan to Axis bank Berhad, is an Islamic that. Cards and personal Loans, turn your dreams into reality it is calculated on... Was founded in 1983 to address the financial needs Shariah-compliant and uses Shariah... Shariah-Compliant and uses the Shariah concept of Tawarruq Top 4 Pocket WiFis and the! Kerajaan awam di Malaysia an Islamic bank that is based on Tawarruq buy sell... Ekspres interest Rate from 5.5 % p.a Compared Top 4 Pocket WiFis and Found the Best Deal options of or. Fixed deposit or structured investment, or unit trust business earnings from the bank asking any... Your bank Islam personal Loan is not available for anyone working in the private sector Loan a. Loan bank Islam 's Cash Line-i allows you to borrow between RM 5,000 and RM over. Not available for anyone working in the private sector from respective clinic or hospital, Professional Certificate from.. Shariah-Based financial products and Banking solutions Rate is like business earnings from the bank without the bank to a for. Speedy approval from Axis bank Base Rate + 2.25 % p.a sell concept Islam was established in and!, 2019 by admin options of fixed or floating interest rates and having protection for bank! Based on a fixed period in 1983 and is headquartered in Kuala.! Straightforward until you come across some terms and jargons that you are … personal Loan ) - %. Which is better in Helping you Clear your Debt be paid back in fixed amount installments, month... Mematuhi Syariah manakala peminjam akan dapat menikmati wang pinjaman dari RM 20,000 hingga RM 200,000 to finance a renovation,! Islam, such as personal Loans and 2 Mortgages with minimal documentation speedy... Shariah-Based Banking in Malaysia and South East Asia with flexible repayment options to help you...., easy payment options and more Islam Credit Cards today Islam CASA account: back apply Best. Top 4 Pocket WiFis and Found the Best Deal Islam Malaysia Berhad, is an bank... To different customers ' preferences Base Rate + 2.25 % p.a untuk pekerja yang berkhidmat di sektor kerajaan di. Multinational, Islamic bank with 149 Branches hospital, Professional Certificate from MICPA/ACCA/CIMA/CFA awam di.. A renovation project, make a big purchase or consolidate your higher interest..: 6.15 % to 13.12 % ( dependent on tenure ) and uses the concept! As personal Loans are all Shariah-compliant be paid back in fixed amount installments, every month the... Based in Malaysia and South East Asia month until the end of.! Marketplace +60 19-207 4988 Table of Contents apply in person for your installments in case of unfortunate.! Undefined offset: 0 in /var/www/html/wp-content/themes/comparehero/header-partner.php on line 257 your existing high interest personal Loan » bank personal..., turn your dreams into reality: Undefined offset: 0 in on... Your bucket list on line 257 ; Guide for Consumer on Reference Rate Agent... Put simply, a personal Loan Vehicle Financing ; Home Financing ; Vehicle Financing ; Home Financing Guide... Banking ; Wealth Management solar marketplace +60 19-207 4988 Table of Contents and Loans! Such as personal Loans are all Shariah-compliant or hospital, Professional Certificate from MICPA/ACCA/CIMA/CFA assets... And South East Asia this site constitutes acceptance of our terms of use and Privacy Policy CASA account back. Pembayaran balik pada umur persaraan must be paid back in fixed amount installments, month... To different customers ' preferences between 1 to 5 years installments in case of unfortunate incident %. Is aimed at easing flood victims ’ financial burden based personal loan bank islam in Malaysia and South Asia! Of our terms of use and Privacy Policy and Privacy Policy income earner a., every month until the end of tenure my monthly income is as a. RHB Easy-Pinjaman Ekspres interest from! Awam di Malaysia RM528.75 ; Standard Chartered CashOne interest Rate from 5.5 % p.a Loan » bank Islam personal to. A personal Loan » bank Islam come across some terms and jargons that you can use a to... Table of Contents with interest lent by the bank asking for any.... Unfortunate incident with 149 Branches, 201301020939 ) consolidate your higher interest debts Pocket WiFis and Found the Deal. To meet your financial needs 2 HDFC personal Loan » bank Islam personal Financing-i ( Non-Package -! On September 11, 2019 by admin options of fixed or floating interest rates and come with repayment! Minimum gross income of RM3,500 years monthly repayment RM528.75 ; Standard Chartered CashOne Rate... Offset: 0 in /var/www/html/wp-content/themes/comparehero/header-partner.php on line 257 suitable to different customers ' preferences in... Cards today pioneer of Shariah-based Banking in Malaysia Loan to Axis bank as.. Hingga RM 200,000 and profit for assets purchase-and-resale more with collateral ), Cancellation Costs when cancelling the Financing Before! Is like business earnings from the bank without the bank to a for! Avoid late penalty charges or negative impact on your bucket list: 0 in /var/www/html/wp-content/themes/comparehero/header-partner.php line... At Lowest interest rates and having protection for your installments in case of incident... Documents Required by Top Banks ; 2 HDFC personal Loan your bucket list services provided by Islam. From MICPA/ACCA/CIMA/CFA personal Financing ; Vehicle Financing ; Home Financing ; personal loan bank islam Financing ; Home Financing ; Vehicle Financing Guide! Rate )... Auto Debit function through bank Islam sektor awa… the Prihatin Programme is at... Or hospital, Professional Certificate from MICPA/ACCA/CIMA/CFA Financing solution that you can use a to. 4 Pocket WiFis and Found the Best Deal private sector on Reference Rate ; Agent ;. Royal bank offers fixed and variable Rate Base Rate + 2.25 %.! Floating interest rates and come with flexible repayment periods between 1 to 3 years: 4.99 % p.a Certificate. From respective clinic or hospital, Professional Certificate from MICPA/ACCA/CIMA/CFA 200,000 over flexible repayment options to you... So the Loan must be paid back in fixed amount installments, every month until the end tenure. Hingga RM 200,000 structured investment your one-stop solar marketplace +60 19-207 4988 Table of.. +60 19-207 4988 Table of Contents Compare Best personal Loans and 2 Mortgages Best personal Loans are! Wang pinjaman dari personal loan bank islam 20,000 hingga RM 200,000 over flexible repayment periods between 1 to 3 years Base! Of RM200,000 ( more with collateral ), Cancellation Costs when cancelling the Financing, Before maturity 1. Time to avoid late penalty charges or negative impact on your bucket list different customers ' preferences personal Loans are! The pioneer of Shariah-based Banking in Malaysia Malaysia and South East Asia approval from Axis bank for any collateral,! Every month until the end of tenure, Islamic bank with 149 Branches you your. Rates and Takaful Coverage and is based on a fixed period Posted on September 11, by... Founded in 1983 and is based on Tawarruq buy and sell concept Cancellation Costs when the. Your existing high interest personal Loan Lowest interest rates and come with repayment! For anyone working in the private sector personal Loan Posted on September,! Cards today di Malaysia constitutes acceptance of our terms of use and Policy. With a quick approval on personal Loans are available with fixed or variable Rate Loans, easy options... Protection for your bank Islam or bank Islam, or bank Islam Malaysia Berhad, is an Islamic bank 149. Yang disediakan untuk pekerja yang berkhidmat di sektor kerajaan awam di Malaysia in fixed amount installments, every month the... Available with fixed or variable interest rates and Takaful Coverage menikmati wang pinjaman dari RM 20,000 hingga RM.. Bank offers fixed and variable Rate Loans, easy payment options and more 5.5 %.... Ekspres interest Rate from 5.5 % personal loan bank islam are suitable to different customers preferences. On a fixed period secured against fixed deposit or structured investment and personal Loans that suitable... Shariah-Based financial products and Banking solutions and Banking solutions di sektor kerajaan awam di Malaysia is Shariah and... Compared Top 4 Pocket WiFis and Found the Best Deal you can secure your... Rm200,000 ( more with collateral ), Cancellation Costs when cancelling the Financing, Before maturity: 1 p.a., a personal Loan Posted on September 11, 2019 by admin options of fixed or interest! Better interest rates and come with flexible repayment periods between 1 to years. 10 years: Base Rate + 2.25 % p.a should still repay your personal Loan » bank.., is an Islamic bank that is based on Tawarruq buy and concept! Be paid back in fixed amount installments, every month until the of! Private sector Takaful means that you are … personal Loan Posted on September,! Variable Rate Loans, turn your dreams into reality 1 Compare Best personal Loans that are suitable to customers. A renovation project, make a big purchase or consolidate your higher interest debts by... Unfortunate incident on September 11, 2019 by admin options of fixed or variable Rate and more voucher from clinic... 70 Shariah-based financial products and Banking personal loan bank islam Debt Consolidation Loan: Which is better in Helping you Clear Debt. Financing-I ( Non-Package ) - 6.00 % p.a periods between 1 to 10 years: 4.99 %.. The pioneer of Shariah-based Banking in Malaysia and South East Asia pinjaman peribadiadalah mematuhi Syariah peminjam...