• Interest Rate (p.a.)

    8.20% - 14.66%

  • Loan Tenure

    1 - 5 years

  • Approval Duration

    Up to 24 hours

  • Min. monthly income

    RM2,000

Loan calculator
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Monthly salaryRM0
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What's so great about CIMB Bank Cash Plus Personal Loan?
  • Approved loan amount of up to RM100,000
  • Fixed interest rate of 8.20% - 14.66% per year
  • Loan approval within 24 hours.

Product Features

Min. financing amountRM2,000
Max.financing amount Up to 8x fixed monthly salary or up to RM100,000
Min. loan tenure1 year
Max. loan tenure5 years
Islamic/ConventionalConventional
Interest rateFixed rate of 8.20% – 14.66% per annum
Approval durationUp to 24 hours
Debt consolidationNo

Fees & Charges

One time set up
Processing feeN/A
Stamp duty0.5% of loan amount
Disbursement & misc. feeN/A
Penalties
Early settlementN/A
Late payment charges1% p.a. on outstanding loan amount

Eligibility

Age requirementAge 21 - 60
Employment eligibilityMalaysian citizens employed as a Government servant, employee of a private sector organization, or self-employed
Min. salary requirementRM2,000 gross per month
Guarantor / Collateral requirementN/A

Other Requirements

Need to open linked banked account?No
Need to buy Takaful product?No

Product Review byiMoney

CIMB Cash Plus Personal Loan FAQ

What is the maximum amount you can borrow?

Borrowable amount of up to eight times your fixed monthly gross salary or RM100,000 for a maximum loan tenure of five years.

The catch?

Applicant must be between the age 21 to 60 to qualify.

Applicant must be a Malaysian citizen or permanent resident employed as a Government servant, employee of private sector organization, or self-employed with a minimum gross salary of RM2,000 per month.

What will it cost you and how will you be charged?

One time set-up fee:
  • Stamp duty of 0.5% on loan amount and Insurance fees to be deducted upfront before loan disbursement. No other set-up fees need to be paid.
  • Recurring payments:
  • Monthly repayment comprising principal amount and interest charge via standing instruction deduction.
  • For loan amount of RM2,000 to RM19,999:
  • Fixed interest rate of 14.66% per annum (1.22% per month) throughout the entire loan tenure.
  • For loan amount of RM20,000 to RM49,999:
  • Fixed interest rate of 10.88% per annum (0.91% per month) throughout the entire loan tenure.
  • For loan amount of RM50,000 to RM100,000:
  • Fixed interest rate of 8.20% per annum (0.68% per month) throughout the entire loan tenure.
  • Penalties:
  • Late payment charges of 1% per annum on monthly instalments or any amount due but remained unpaid or on the balance outstanding. Late payment charges will increase your total outstanding loan amount.
  • No early settlement penalty imposed.
  • Calculate the cost of taking up this loan using our calculator

    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, CIMB will require 24 hours before approval or disbursement.

    You are required to furnish the following documents for your loan application:

    • Photocopy of MyKad
    • 3 months (most current) salary slips
    • 3 months (most current) Salary-Crediting Account / latest EPF statements / latest EA Form / latest BE Form and tax receipt

    Can you apply if you have a bad CCRIS/ CTOS/ Credit Record?

    No, you are required to settle all outstanding debts before applying.


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