CBP Personal Financing-i Al Yasser

Pay Profit Rate Max. Financing Amount Total payment
RM 853 / mth 2.31% p.a. RM 200,000 RM 10,231
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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

Feature Details
Profit Rate 3.45% p.a. to 3.75% p.a., depending on loan amount and tenure
Financing Amount Minimum: RM5,000
Maximum: RM400,000
Repayment Period Minimum: 1 year
Maximum: 10 years
Approval Time 3 working days
Processing Fee 0.5% of the loan amount
Stamp Duty As per the Stamp Duty Act (varies with the loan amount)
Other Fees Late Payment Fee: 1% p.a. on outstanding amount

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.