- 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!
Financing amount up to RM300,000
Use our personal financing calculator to find the best personal financing based on your requirements and eligibility.
Select the best product that fits your requirements from the list of recommended personal financing 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.
MBSB Private Sector-i is a Shariah-compliant personal financing that follows the Islamic concept of Tawarruq (profit rate is calculated based on a floating and monthly basis). With a higher financing amount, this personal financing is for permanent employees of the private sector including public listed companies, GLCs, state GLCs, and multi-national corporations (MNCs).
Best for: Private sector employees seeking cashflow or a debt consolidation solution.
MBSB Personal Financing-i Private sector offers a lot of interesting features and benefits such as requiring no guarantor, no early settlement charges, and a competitive profit rate.
You can apply for MBSB Personal Financing-i Private sector right here.
The MBSB Personal Financing-i Private sector is open to:
A minimum salary of at least RM3000 for fixed income and RM5000 for variable income.
To be eligible, your business must:
Once you have completed your application with iMoney, you are required to provide the following documents for your application:
As low as BR + 7.95% p.a. (equivalent to 5.73% p.a. flat rate at 3 years tenure) with ceiling rate of 15% p.a.
As with any financing, you will have to make monthly repayment, which comprises of principal amount and a profit charge.
Use our personal loan calculator above to estimate your monthly repayment.
Stamp duty: 0.5% of financing amount
Early termination fee: Waived
Processing fee: RM34 for Wakalah Fee
Late penalty fee: 1% of current outstanding amount
Note: There are no upfront charges or additional fees when you apply through iMoney. We will also not request any deposit payment from you.
You can check your MBSB Personal Financing-i Private sector by contacting the MBSB customer support team right here.
Takaful coverage is optional for this financing solution.
Unfortunately, no. MBSB will check your credit history as part of their approval process. You are advised to settle all overdue payments before applying and keep a healthy credit record before you apply for any personal financing or loan. We also highly recommend that you continue repaying your loans on time for another three months before reapplying.
Check your iMoney CreditScore for free to find out how your credit health is.
If you find the minimum requirement of RM3,500 a month is tough to meet, you may consider Alliance Islamic Bank CashVantage Personal Financing-I which has an income requirement of only RM3,000 and allows a decent financing of up to RM150,000.