Citibank Personal Loan

If you are looking to apply for a personal loan, we are introducing to you Citibank Ready Credit PayLite, a product with even more benefits:

• One-time application process
• Attractive interest rates

If you are an existing Citibank Instalment Loan customer, please refer below for details on Fees and Charges and Terms & Conditions.

You can now get cash from the overdraft line assigned to your Citibank Ready Credit and repay in monthly instalment with PayLite

Benefits:

• Competitive Effective Interest Rate varies from 5.9% to 17.9% p.a.
• Choice of 6, 12, 18, 24, 30, 36 or 48 months tenure

How it works:

• Decide your preferred cash amount from the Credit Limit assigned (min RM1,000)
• Choose your repayment tenure (6, 12, 18, 24, 30, 36 or 48 months)
• Have the cash amount transferred to your current/savings account of your choice
• Make fixed monthly repayment every month

How to apply?

• Already a Citibank Ready Credit customer? Just call CitiPhone to apply over the phone
• Not yet a Citibank Ready Credit customer? Click here to leave your contact and our officer will call you back on the next working day

Rediscover your spending power by consolidating your credit/charge card outstanding balances held with other banks to enjoy greater savings and better management of your finances with Balance Transfer via Instalment Plan

Benefits:

• Ability to consolidate outstanding balances from up to 3 credit/charge cards from other banks
• Competitive Effective Interest Rate at 9.9% p.a.
• Choice of 6, 12, 18, 24, 30, 36 or 48 months tenure
• Convenience of making a single repayment every month

How it works:

• Decide the credit/charge cards you want to perform balance transfer from (min RM1,000 per card)
• Choose your repayment tenure (6, 12, 18, 24, 30, 36, or 48 months)
• Make fixed monthly repayment every month

How to apply?

• Already a Citibank Ready Credit customer? Just call CitiPhone to apply over the phone
• Not yet a Citibank Ready Credit customer? Click here to leave your contact and our officer will call you back on the next working day

Citibank Personal Loan Feature & Charges

Types of Charges	Amount
Stamp Duty (Ad-valorem)	0.5% of loan amount, shall be deducted upfront from the loan amount before disbursement of the loan.
Late Payment Fee	1% per annum on the instalment amount in arrears calculated on daily basis.
Statement Request Fee (interim)	RM5.00 per copy
Early Settlement Fee	RM200 or 3% of loan outstanding balance whichever is higher, if the loan is settled before reaching half of the loan tenure, starting from the date of full disbursement of the loan.

Personal Financing-i From Standard Chartered

Introducing Personal Financing-i, a Syariah-compliant financing facility based on the concept of Commodity Murabahah that makes financing simple and affordable when you need the extra cash.

Features

• Flexible Tenures

  Choose from 12 to 60 month tenures, whichever suits your needs.

• Syariah Compliant

  Approved by a Syariah consultant and conforms to Syariah contract of Commodity Murabahah.

• Collateral Free*

  No collateral or guarantor required.

• No Processing Fee

  Enjoy the benefits of our financing facility without any hidden fees.

Enjoy financing up to RM150,000 to fulfil your lifestyle needs, secure a business opportunity or even for a rainy day.

How does Commodity Murabahah work?

• Bank purchases commodities from approved brokers
• Commodities purchased will be sold to you at a price that includes a fixed profit margin, on a deferred payment basis
• Once the sale is complete, the Bank acts as your agent to sell the commodities to approved brokers
• The proceeds from the transaction will then be deposited into your designated Saadiq account

Other Terms and Conditions apply. Click here for full Terms and Conditions.

Progres-i Personal Loan

OCBC Al-Amin offers simple and easily accessible Shariah compliant financing products that have your best interest in mind. The suite of products on our shelf are meant to be comprehensive to encapsulate your needs and yet simple in essence for your convenience.

Everything you need, and nothing you don’t

Our tailor-made OCBC Al-Amin cash financing solutions give you:

• Fast approval. Fast cash.
• No collateral. No guarantor.
• Financing amount of up to RM150,000.
• Fixed monthly instalments from as low as RM103 per month.
• Extended financing tenure up to 10 years.

Progres-i Introducing Progres-i  of the OCBC Al-Amin Cash Financing-i range. The ideal personal financing solution made for those who are just getting started. Whether it is one of life’s necessities or luxuries - be it education, car or gadgets; or perhaps you’ve hit one of life’s speed bumps, we will sort out your ideal plan. With varying tenures and monthly instalments as low as RM147, you get personal financing that is just right for you. All of which ensures that you get to stay ahead in life, as you build towards the future. Get the right start, and get ahead in life. Financing Amount Monthly Payment 3 Years 5 Years 7 Years RM6,000 RM242 RM175 RM147 RM10,000 RM403 RM292 RM245 RM15,000 RM605 RM438 RM367 RM20,000 RM806 RM584 RM489 Note: The chart above is for illustration purposes only. To apply, you need to be: Between 21 and 28 years of age. A Malaysian citizen or Permanent Resident earning at least gross monthly income of RM2,500. Documents required A copy of I/C (front and back) A copy of 1 month salary slip; OR 1 year EPF statement. So whatever your needs, be it opportunity or necessity; contact us to discover your ideal OCBC Al-Amin Cash Financing-i plan today.

Blacklist Personal Loan

Personal loan for goverment and private sector. Live the brighter life today. Get the financing for your home, car or anything for an easy financing with MSSB Exec-i. Check for the latest personal loan : GST of public transport.

-->

Kuwait Personal Loan

Kuwait Finance House (KFH) is an Islamic banking group originating from Kuwait. 

This bank is amongst the fasted growing banks in Bahrain, Turkey, Jordan, Saudi Arabia, UAE, Oman, Bangladesh, Singapore and Malaysia. Currently KFH is partnering with COSHARE Holding Berhad and I.Destinasi Sdn Bhd (IDSB) to offer its products for private financing to employees of the government and statutory bodies. COSHARE provides a salary deduction code for your employer, just like service bureau ANGKASA or BSN. 

The financial products of KFH also include investment products, corporate business, housing and others.

Hong Leong Personal Loan Promotion

Hong Leong Personal Loan

Wish you could have more cash in your hand?

With Hong Leong Personal Loan you can, because the monthly installment on our loan starts from as low as RM133.33 a month. What's more, it's really easy to apply and takes only 48 hours to approve.

So apply today to start enjoying the extra cash immediately!


Get our Personal Loan today to enjoy:

• Monthly installments as low as RM133.33 *
• Fast Approval within 48 hours **
• Flexible repayment tenure of up to 5 years
• Eligibility minimum income of only RM24, 000 per annum
• No guarantor and no collateral

Affordable monthly installment

Loan Amount	1 Year	2 Years	3 Years	4 Years	5 Years
RM5,000	RM466.67	RM258.33	RM188.89	RM154.17	RM133.33
RM10,000	RM933.33	RM516.67	RM377.78	RM308.33	RM266.67
RM20,000	RM1,866.67	RM1,033.33	RM755.56	RM616.67	RM533.33
RM50,000	RM4,666.67	RM2,583.33	RM1,888.89	RM1,541.67	RM1,333.33

Personal Loans After Bankruptcy

While it is true that lenders are reluctant to lend money to those applicants who have been declared bankrupt in the recent past, it would be a mistake to think that approval is out of the question. Getting a personal loan after bankruptcy is really down to approaching the right lender and finding the right terms to suit the reality of your situation.

Of course, there is no denying that bankruptcy is a serious matter, and it is impossible to get excellent loan terms until credit status is recovered fully. But it is possible to secure approval despite low credit scores from lenders who are willing to accept the extra risk in the knowledge that the borrower benefits more from maintaining repayments than abandoning them.

But what can an applicant expect from a personal loan application process when they are beginning their recovery from bankruptcy? What is needed to convince the lender that their investment is safe?

Satisfying Qualification Requirements

The first step in submitting an application for a personal loan after bankruptcy that has any chance of success is to ensure all of the qualifying criteria are fully satisfied. This means that proof of a reliable source of income is necessary.

In most cases, lenders will only consider applicants that have a full-time job, and have held it for a minimum of 6 months prior to submitting their application. Admittedly, this is normal when seeking approval despite bad credit scores, but it is essential in this case because lenders need to know that repayments are possible.

Proving affordability is also essential, so it is a good idea to apply for only small personal loans. Even if $10,000 could be handled comfortably, only seek $5,000 to ensure the lender sees no issue at all with affordability.

The Terms To Look For

Obviously, the loan terms affect your chances of approval on a personal loan after bankruptcy. With that in mind, it is important to center attention on matters like interest rates and repayment periods. These can be crucial in establishing affordability.

For example, even if the interest rate is not great, a longer repayment period means that the size of the monthly repayments is smaller. This means the pressure to meet repayments is lower, and so getting approval despite low credit scores is much more likely.

Remember, however, that as an applicant seeking a first loan since bankruptcy, it is necessary to accept compromises that may seem expensive. But by repaying these personal loans without a hitch, the road to financial recovery is assured, so the extra expense is worth it.

Unsecured or Secured Loans

There are some other considerations too, not least whether to seek an unsecured or a secure loan. Without doubt, it is much harder to get an unsecured personal loan after bankruptcy, with the lack of assurance making more lenders reluctant to even consider approving the loan.

It is possible to get a small unsecured loan, but the terms may be too expensive to accept. A secured loan is much more likely to be approved because the lender is protected from any losses. It may be an idea to find a cosigner too, to offer a guarantee repayments will be made. This makes approval despite low credit scores almost certain.

Finally, there are ways to improve your credit reputation before seeking a personal loan. For example, get a secured credit card and made the necessary repayments on time. After just 6 months of regular repayments, lender will have a track record that indicates reliability.

Getting $10,000 Loans With Bad Credit

It is normal for those with poor credit histories to believe that the chances of securing a large loan are pretty small. We have been brought up to believe lenders hate bad credit borrowers, so approving an application for a $10,000 loan with bad credit can seem very far from possible. But this is actually far from the truth.

Lenders are as open to lending to bad credit borrowers as to anyone else. The only hurdle to approval is the criteria and conditions that make up their lending policies. These relate mainly to your employment status and the state of your debt-to-income ratio, but as long as these are in good order, even getting loan approval with no security is a realistic possibility.

Also, for one seeking a large personal loan, but with the hindrance of poor credit scores to deal with, approval can come down to the type of loan that is applied for. The right loans package has the right terms, and there are some that even those with terrible scores should carefully consider.

1. Your Local Bank Loans

In truth, this is the first option that any of us think of, before weighing up the chances of getting approval. Usually, we believe those chances to be low, so we look elsewhere. But approval is possible, even on a $10,000 loan with bad credit as long as the deal is proven affordable.

Lenders really only want to be sure they will get their money back (with interest, of course) so even approval with no security is possible. However, approval comes at a cost. Typically, the interest rate charged is high, and the loan limit is low. This means a $10,000 loan is harder to get.

The conditions applicants must satisfy include being full-time employed for at least 6 months prior to submitting the application, and having a debt-to-income ratio that ensures monthly repayments fit comfortably within the 40:60 limit. Satisfy these, and large personal loans are within reach.

2. A Private Lending Source

When traditional lenders, like local banks, are expected to reject your application for a $10,000 loan with bad credit, then an alternative needs to be found. Often, approaching a family member is the best one - and it certainly has advantages. Not least amongst them is that interest is generally not charged, and the repayment terms are always flexible.

However, there are other private lending sources other than your own family members. These include independent private lending firms, not affiliated to any large financial institution. These firms are experts in bad credit lending, so offer terms that are ideal for your position.

For example, the chances of getting large loan approval with no security are greater because the terms of the loan deal ensure repayments are more affordable. A longer repayment period keeps repayments, even on a large personal loan, quite low and so the chances of default are fewer.

3. Using Home Equity For Loans

A third option involves using home equity as security. This means that a share of the value of your home is risked, but when seeking a $10,000 loan with bad credit, it is almost a guarantee of approval. The reason is the value that lenders place on property as a form of security.

Also, since equity relates to the value of a home that is not covered by a mortgage, the size of the equity can be extremely high. In fact, while seeking approval with no security on a $75,000 loan is practically impossible, equity makes it a safe bet.

This makes equity ideal when seeking very large personal loan, and with security ensuring interest rates are kept low, these loan deals can also be affordable.

Islamic Funding

Bank Islam Personal Loan

Amount of Funding:

Based on eligibility limit and subject to a minimum of RM10, 000 and a maximum amount of RM200, 000 **

Repayment period:

Maximum of 15 years (180 months) or until retirement age, whichever is earlier

Floating Rate (Base Financing Rate (BLR):

1-3 years: BLR - of 2.10% per annum

4-10 years: BLR - 0.60% pa

11-15 years: BLR +0.25% per year

Note: Current Base Financing Rate - 6.60% per annum.

Eligibility:

• Applicants must be 18 years and not exceeding the retirement age at the end of the payment period.
• Citizens of Malaysia.
• Minimum fixed income of RM2, 000 a month.

The applicant shall continue to be employees in the following sectors:

• Government sector
• Selected Public Listed Companies
• Subsidiaries of Government or Selected Public Listed Companies
• Selected Limited Company categorized under package companies listed by Bank Islam