CBP (Coop bank pertama) Pembiayaan Persendirian-i Al Yasser (Islamic Personal Financing)

The CBP (Coop Bank Pertama) Pembiayaan Persendirian-i Al Yasser is an Islamic personal financing product designed specifically for government employees and selected private sector employees. It offers a competitive profit rate with flexible repayment options and fast approval.

Key Features of CBP Pembiayaan Persendirian-i Al Yasser

Eligibility Criteria

• Age: Between 18 and 58 years old
• Minimum Monthly Salary: RM2,000
• Employment Requirements:
  • Permanent Government Employees (Kakitangan Awam Tetap)
  • Employees in Selected Private Sector (Sektor Swasta Terpilih)

Required Documents:

1. Copy of NRIC (front and back)
2. Latest 3 months’ salary slips
3. Letter of Confirmation from Employer (Surat Pengesahan Majikan)
4. Latest 3 months’ bank statements
5. Redemption Letter (for debt consolidation, if applicable)

Financing Example

For a loan of RM5,000 over 1 year:

• Profit Rate: 3.45% p.a.
• Monthly Repayment: RM431
• Total Profit: RM173
• Total Repayment: RM5,173

Fees and Charges

• Processing Fee: 0.5% of the loan amount
• Stamp Duty: Based on the Stamp Duty Act, dependent on loan amount
• Late Payment Fee: 1% p.a. of the outstanding amount on late payments
• Other Fees: Additional fees may apply for redemption of loans or issuance of certified documents.

Summary

The CBP Pembiayaan Persendirian-i Al Yasser offers competitive profit rates and a quick approval process within 3 working days. It’s tailored for government employees and those working in selected private sector jobs with a minimum salary of RM2,000. The loan offers flexible repayment periods and can be used for a variety of personal financial needs, including debt consolidation.