CIMB Cash Plus Personal Loan Reviews

Pay Profit Rate Max. Financing Amount Total payment
RM 453.17 / mth 4.38% p.a. RM 100,000 RM 10,876.08
1.7
1.7 out of 5 stars (based on 21 reviews)
Excellent14%
Very good0%
Average0%
Poor10%
Terrible76%

No Title

December 15, 2024

Had issue with loan payment and was pushed around within their staff rather providing a solution.

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Avatar for Ken.W
Ken.W

No Title

December 15, 2024

My Car loan approve at CIMB Selayang branch, but when call to get details no one answer the phone??? So Fxxk It! I Decided to accept Maybank loan instead.

Avatar for Arif
Arif

No Title

December 15, 2024

Most frustrating service ever!!!!!!!!! Kalau sesiapa dtg nk buat loan kereta. Branch taman Kinrara, Receptionist level 1 tu plg sial nak hadap. Jd receptionist emosi, langsung tak pandai nak treat costumer! 👎🏻👎🏻 Cimb please, tlg take note of this. I believe other costumer experience this as well!!! Really bad experience!!!!

Avatar for Luqman Hadi Nor Zafri
Luqman Hadi Nor Zafri

No Title

December 15, 2024

I had a great experience dealing with mortgage office, Mr Anaqi @ Empire Gallery Subang Jaya. He is extremely professional and attentive. He got our loan application approved as per our requirement within days. He has excellent product knowledge and able to answer all our queries seamlessly. He keeps us updated with our loan status and did not waste our time or his time by delay things. He delivered what he promised. Thank you Mr Anaqi for attending to us. All the best to you.

Avatar for deepa steven
deepa steven

No Title

December 15, 2024

When I requested to cancel my loan, they were insensitive and unhelpful, even guilt-tripping me despite me explaining my reasons. This kind of treatment is unacceptable and unprofessional, especially when dealing with such an important financial decision. It was a frustrating and disappointing experience.

Avatar for mimi
mimi

No Title

November 20, 2024

It took more than 10 days for the loan to be approved. I had to follow up twice to get any updates. Eventually, I got the loan, but the process was just too slow. Might try other banks next time for quicker service.

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Bob The Builder

No Title

November 20, 2024

Applied on 1st October 2023. The interest rate for the personal loan was super high. It looked good on paper, but when I calculated it, I realised I’d be paying a lot more. Not happy with CIMB’s rates. I’ll look elsewhere next time.

Avatar for Kiko
Kiko

No Title

November 20, 2024

I applied for the car loan on 20th September 2023, and had some questions about the terms, but the customer service was not helpful at all. They gave vague answers and didn’t really explain things clearly. Very disappointed with the support.

Avatar for Malaysia Ironman
Malaysia Ironman

No Title

November 20, 2024

I applied for a housing loan with CIMB bank on 5th July 2023, and the process was so complicated! I had to submit many documents, and still, they kept asking for more. In the end, I didn’t even get the loan. What a waste of time! Really bad experience.

Avatar for Venom
Venom

No Title

November 20, 2024

I applied for a personal loan on 15th August 2023, and it took forever to get an answer! I called customer service multiple times but no one was really helpful. I needed the money urgently, but CIMB just wasted my time. Not recommended.

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Toots

CIMB Cash Plus Personal Loan

The CIMB Cash Plus Personal Loan is an unsecured loan offering low interest rates and quick approval, without the need for any guarantors or collateral. It provides a flexible financing option with attractive terms and a straightforward application process.


Key Features of CIMB Cash Plus Personal Loan

Feature Details
Interest Rate From 4.38% p.a. (depending on loan amount and tenure)
Loan Amount Minimum: RM2,000
Maximum: RM100,000
Repayment Period Minimum: 2 years
Maximum: 5 years
Loan Type Unsecured Loan (No collateral required)
Processing Fee None
Stamp Duty None
Early Termination Fee None
Late Payment Fee 1% per annum on outstanding amount, and on the instalment amount in arrears.

Eligibility Criteria

  • Age Requirement: Between 21 and 58 years old
  • Minimum Monthly Income: RM2,000
  • Employment Type:
    • Salaried Employees
    • Self-Employed Individuals
  • Minimum Annual Income: RM24,000

Financing Example

For a loan of RM10,000 over 2 years:

  • Interest Rate: 4.38% p.a.
  • Monthly Repayment: RM453.17
  • Total Interest Payable: Calculated as part of the loan agreement
  • Total Payment: Includes principal and interest (subject to bank approval)

Fees and Charges

  • Processing Fee: None
  • Stamp Duty: None
  • Late Payment Fee: 1% of the outstanding amount, per annum, and on overdue instalment amounts
  • Early Termination Fee: None

Loan Purpose

The CIMB Cash Plus Personal Loan can be used for a wide variety of personal and financial needs, including:

  • New business ventures
  • Home improvement or renovation
  • Education expenses
  • Personal investments
  • Other reasonable financial needs

Summary

The CIMB Cash Plus Personal Loan is an unsecured loan that allows you to borrow up to RM100,000 with flexible repayment terms and a competitive interest rate starting at 4.38% p.a.. The loan is designed for Malaysian citizens who have a minimum monthly income of RM2,000. It offers a simple application process with no processing fees or stamp duty, making it an attractive option for those seeking personal financing.