Bank Islam Pembiayaan Peribadi (Program Professional): Competitive Rates for Professionals
Kadar Faedah
Bank Islam offers competitive interest rates starting from 2.97% p.a. to 3.18% p.a., depending on your loan amount and repayment period.
Here’s the detailed information in a table format for Bank Islam Pembiayaan Peribadi (Program Professional):
| Feature |
Details |
| Kadar Faedah |
From 2.97% p.a. to 3.18% p.a. |
| Pinjaman Minimum |
RM10,000 |
| Pinjaman Maksimum |
Up to RM300,000 |
| Tempoh Maksimum Pembiayaan |
Up to 10 years (120 months) or until retirement age, whichever comes first |
| Perlindungan Takaful |
Provided |
| Tempoh Kelulusan |
5 working days |
| Example Repayment |
For RM10,000 loan over 1 year: RM858/month, total repayment: RM10,297, interest: RM297 |
| Processing Fee |
None |
| Stamp Duty |
According to Stamp Act 1949 (Amendment 1989) |
| Other Charges |
Wakalah Fee: RM50.00 – RM25.00 per ABPA and ABSA, Late Payment Fee: 1% p.a. on outstanding balance |
| Eligibility Criteria |
– Age: 25 years and above, not exceeding retirement age
– Minimum Monthly Income: RM4,000
– Malaysian Citizen
– Profession: Medical Doctor, Dentist, Accountant, Engineer, Lecturer, Architect, Safety Officer, Pharmacist, Veterinarian, Optometrist, Optician, Quantity Surveyor, Actuary |
| How to Apply |
Submit required documents and wait for approval (5 working days) |
| Loan Usage |
Home improvement, education, wedding, and other personal financial needs |
This table provides a structured view of the key details related to Bank Islam Pembiayaan Peribadi (Program Professional).
Key Features
- Pinjaman Minimum: RM10,000
- Pinjaman Maksimum: Up to RM300,000
- Tempoh Maksimum Pembiayaan: Up to 10 years (120 months) or until retirement age, whichever comes first
- Perlindungan Takaful: All applicants receive Takaful coverage
- Tempoh Kelulusan: Approval within 5 working days
Profit Rates Based on Loan Amount & Tenure
- Kadar Faedah: 2.97% p.a. to 3.18% p.a. depending on loan amount and repayment period
Monthly Repayment Example
For example, for a loan of RM10,000 over a 1-year tenure, the monthly repayment would be RM858 at an interest rate of 2.97% p.a.. The total interest paid would be RM297, bringing the total repayment amount to RM10,297.
Fees & Charges
- Processing Fee: None
- Stamp Duty: As per the Stamp Act 1949 (Amendment 1989)
- Other Charges:
- Wakalah Fee: RM50.00 – RM25.00 per ABPA and ABSA
- Late Payment Fee (Ta’widh): 1% per year on the outstanding amount until full settlement
Eligibility Criteria
To qualify for Bank Islam Pembiayaan Peribadi (Program Professional), applicants must meet the following conditions:
- Age Requirement: 25 years and above, but not exceeding retirement age
- Minimum Monthly Income: RM4,000
- Citizenship: Malaysian citizens
- Profession: Applicants must be working as a professional in one of the following fields:
- Medical Doctor, Dentist, Accountant, Engineer, Lecturer, Architect, Safety Officer, Pharmacist, Veterinarian, Optometrist, Optician, Quantity Surveyor, Actuary
How to Apply
- Applicants must submit the required documentation and undergo the approval process, which takes 5 working days for processing.
Loan Usage
You can use the Bank Islam Pembiayaan Peribadi (Program Professional) loan for various personal needs, including but not limited to:
- Home improvement
- Education
- Wedding expenses
- Other personal financial needs
