- Interest Rate (p.a.)
6.17% - 6.62%
- Loan Tenure
2 - 10 years
- Approval Duration
Up to 5 business days
- Min. monthly income
What's so great about Agrobank AgroCash-i?
- Approved financing amount of up to RM200,000
- Fixed profit rate starting at 6.17% per annum
- Takaful Protection Scheme compulsory
|Min. financing amount||10000|
|Max.financing amount|| Up to RM200,000|
|Min. loan tenure||2 years|
|Max. loan tenure||Up to 10 years|
|Interest rate||Fixed rate of 6.17%-6.62% per annum|
|Approval duration||Up to 5 business days|
Fees & Charges
|One time set up|
|Stamp duty||0.4% of loan amount|
|Disbursement & misc. fee||N/A|
|Late payment charges||1% Ta'widh|
|Age requirement||Age 18 - 60|
|Employment eligibility||Government servants and employees of Government-Linked companies (GLCs) with at least 3 months of completed service|
|Min. salary requirement||RM1,000 gross per month|
|Guarantor / Collateral requirement||N/A|
|Need to open linked banked account?||Optional|
|Need to buy Takaful product?||Optional|
Product Review by
Bank Agro AgroCash-i FAQ
What is the maximum amount you can borrow?
Borrowable amount of:
Applicant must be a Malaysian citizen aged 18 and above to qualify.
Applicant must be a Government servant or employee of a Government-Linked Company (GLC) with at least 3 months of completed service and a minimum gross salary of RM1,000 per month.
What will it cost you and how will you be charged?
One time set-up fee:
For financing tenure of 1 year to 3 years:
For financing tenure of 4 years to 10 years:
How long will the application take and what documentations are required?
Upon completing an application with iMoney, our representative will contact you within the same business day to confirm your application.
Thereafter, Bank Agro will require an average of five business days (not including Saturdays, Sundays, and public holidays) before approval or disbursement.
You are required to furnish the following documents for your financing application:
Can you apply if you have a bad CCRIS/ CTOS/ Credit Record?
No, you are required to settle all overdue payments before applying. It is advised that you continue repaying your financing on time for another three months before reapplying.