- You Pay
- RM 89 /mth
- Profit Rate
- Total Profit Payable
- RM 70
- Total Repayment
- RM 1,070
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As this link is provided for your convenience only, our connecting you to the third party website also does not constitute an endorsement of the contents of this website.Yes, please proceed!
Apply for Personal Financing with Maybank Salary Financing-i now!
Profit rate as low as 5.8%p.a, Financing up to RM400,000, No guarantor required, Tenure Up To 10 years.
Get financing up to RM400,000 or 20x of your basic salary (inclusive of fixed allowance).
Affordable monthly repayment with flexible repayment periods from 2 years to 10 years or to retirement age (whichever is earlier).
Ease of making monthly repayments through salary deduction.
Use our personal loan calculator to find the best personal loan based on your requirements and eligibility.
Select the best product that fits your requirements from the list of recommended personal loan products listed and click on the Apply button.
Fill in a form with your details to be submitted for application, and a representative from iMoney or the bank will call you to process the application.
Maybank Salary Financing-i allow you to manage your commitments to a stronger financial foundation with financing rates as low as 5.80% p.a exclusively for employees of designated companies and state government.
This is an unsecured personal financing which is calculated on reducing balance basis and offered to all employees of:
Income requirements: Minimum monthly salary of RM3,000 (inclusive of fixed allowances)
Best for: Employees of designated companies, public universities, state government and its subsidiaries.
LIST OF DESIGNATED COMPANIES FOR SALARY FINANCING
The maximum you can borrow is up to RM400,000 or 20x basic salary inclusive of fixed allowance, whichever is lower.
Maybank Salary Financing-i is 8 years. Why does this matter? The longer your financing tenure is, the lower your monthly repayment will be. But it also means that you pay a higher amount by the end of your tenure.
Normal effective Rate:
Repayment table here
|Tenure (years)||2-3 years||4-10 years|
|Salary Deduction at source/
M2e by employer
|SBR + 3.05%
Eff. Rate @ 5.8%
|SBR + 3.1%
Eff. Rate @ 5.85%
|M2e.net services||SBR + 3.1%
Eff. Rate @ 5.85%
|SBR + 3.15%
Eff. Rate @ 5.90%
* Current Standardised Base Rate (SBR) is at 2.75% with effect from 7 November 2022
Income: Minimum monthly salary of RM3,000 (inclusive of fixed allowances)
Age: Between 21 – 58 years old
If you are an employees of designated companies and state government:
Maybank Group of Companies
Government Linked Companies/Top Tier Corporate/Large Enterprise
Companies under Corporate Employee Privilege Scheme (CEPS) program
State Government /Statutory Bodies /State Government Subsidiaries /Public Universities
Financial Institutions/ Government-Linked Investment/ Healthcare Industry
List of Designate Compaies for Salary Financing: Here
|Stamp Duty||Ad-valorem i.e RM5.00 for each RM1,000.00 of the financing amount to be borne by customer by deducting from the financing amount|
|Advance payment||Two (2) month's instalment payment will earmarked from financing for the purpose of payment of arrears in instalment (if any)|
|Bankruptcy Search - to be paid to solicitor||To be borne by customer|
All the above fees are subject to any tax at the prevailing standard rate (if applicable). In the event we change the fees and charges, a twenty one (21) calendar days’ written notification will be given to you before the effective date of the implementation.
We have the right to be compensated on late and default payment based on the following mechanism:
In spite of the amount of LPC charged, the said of LPC will not be further compounded.
As with any personal financing, you will have to make monthly repayment, which comprises of principal amount and a profit charge.
How much you pay per month depends on your financing amount, tenure and interest rate. For example, if you are borrowing RM50,000 with an interest rate of 5.80% over 4 years, your monthly repayment will be around RM1,285.
Use our personal loan calculator above to estimate your monthly repayment.