Chapter 8: Personal loans offered by Maybank.

   Maybank.

The following are the personal loan shemes offered by MayBank.

A. Maybank Personal Financing-i

1. Total finance  : RM5000  – RM100000

2.Finance period: 24 to 72 month

3.  Annual profit rate: 6.5% p.a to 8.0% p.a

4. Salary eligibility: Gross salary RM3500 per month or RM42000 per year

5.   Eligibility requirements:

                                                   I.     General requirements.

-Malaysian.

-Aged 21 to 60 years.

-Minimum income of RM3500 per month or RM42,000 per year.

-Not blacklist by any Financial Instituation In Malaysia (Bank, Cooperatives, Aeon)

-Does not have an account under Special Attention Account (SAA).

-Not under the auspices of the Credit Counseling and Debt Management Agency(AKPK)

                                                 II.     Conditions for  private employees.

-Have a company registered with the Companies Commission of Malaysia(SSM) for a minimum of one year.

                                              III.     Conditions for government employees.

-Employment status is fixed.

                                              IV.     Conditions for private employees and GLCs.

-Has worked over 6 month with the same company.

-Have a minimum EPF contribution of 6 months.

 6 .Required documents:

                                              I.          Document for Government/Private/GLC Employees.

-Copy of Identity Card (MyKAD) front and back.

-Copy of 3 month salary slip.

-Copy of 6 month bank statement of salary entry (salary credited by the company to the account).

-Latest BE  form with tax payment receipt

 

                                            II.          Documents for Self-Employment.

-Copy of identity Card (MyKAD) front and back.

-Copy of Company Registration Certificate.

-6 month copy of company bank statement.

-Form BE or e-Form BE with tax payment receipt.

 7.Charges imposed:

-Maybank Islamic does not charge any provessing fees or stamp duty charges if your loan is approved.

-The only charge is late payment charge of 1% of the total arrears.

 

 

 

 

B.Maybank Personal Loan.

1.Total finance: RM5000 – RM100000

2.Finance period: 24 – 72 month

3. Annual profit rate: 6.5% p.a to 8.0% p.a

 4.Salary eligibility: Gross salary RM3500 per month or RM42000 per year.

5.Eligibility requirement:

                                            I.          General requirements:

-Malaysian.

-Aged 21 to 60 years.

-Minimum income of RM3500 per month or RM42,000 per year.

-Not blacklist by any Financial Instituation In Malaysia (Bank, Cooperatives, Aeon)

-Does not have an account under Special Attention Account (SAA).

-Not under the auspices of the Credit Counseling and Debt Management Agency(AKPK).

 

                                         II.          Conditions for government employees.

-Employment status is fixed.

                                      III.           Conditions for private employees and GLCs.

-Has worked over 6 month with the same company.

-Have a minimum EPF contribution of 6 months.

                                       IV.           Conditions for  private employees.

- Have a company registered with the Companies Commission of Malaysia(SSM) for a minimum of one year.

6. Required documents:

                                                   I.     Document for Government/Private/GLC Employees.

-Copy of Identity Card (MyKAD) front and back.

-Copy of 3 month salary slip.

-Copy of 6 month bank statement of salary entry (salary credited by the company to the account).

-Latest BE  form with tax payment receipt

 

                                                 II.     Documents for Self-Employment.

-Copy of identity Card (MyKAD) front and back.

-Copy of Company Registration Certificate.

-6 month copy of company bank statement.

-Form BE or e-Form BE with tax payment receipt.

 

7. Charges imposed:

-Maybank Islamic does not charge any provessing fees or stamp duty charges if your loan is approved.

-Late payment charge of 1% of the arrears value.

-An early termination charge of RM200 or 3% of the loan balance (whichever is higher).

 

That's all for now! See you in the next chapter.