Personal Financing-i (Islamic)

We provide an efficient service which makes it easy and convenient for you to apply.

Product Features

• Financing Amount - High financing amount. Up to 15 times monthly salary. Subject to a minimum of RM3,000 and up to a maximum of RM75,000.
• Flexible Repayment Period - at a minimum tenure of 2 years and up to 7 years
• Hassle Free Application - Application at 33 MBSB's branches nationwide and fast approval (a*)
• Fast approval.
• Obtain cash, fast and easy.
• Low monthly repayments.
• Profit Rate - Attractive fixed rate.
• Security Deposit - Equivalent to 3 months installment amount ( to be included in the financing amount)
• Processing Fee
  - Up to RM10,000 - RM100
  - RM10,001 - RM75,000 - RM200
• Other Requirements
  • Guarantor
    For loan amount up to RM50,000
    • Waived for Government staff
    • One (1) eligible guarantor of non-Government staff
    For loan amount between RM50,001 – RM75,000
    • a) Two (2) eligible guarantors of Government and non-Government staff
  • Participation in Group Reducing Term Takaful Plan
    a) Optional Contract for Government staff who opt to extend their retirement age to 56 (b*)
  • Monthly repayment is via salary deduction and post-dated cheque
• Supporting documents for Applicant(s) & Guarantor(s)
  • Original IC (photocopy)
  • Latest 3 months salary slip (original and photocopy)
  • Employer's confirmation letter
  • Latest 2 years Income Tax Form J

Notes:
a* To qualified applicant and subject to completion of documents
b* For government staff who opt to extend their retirement age to 56
c* Subject to Terms & Conditions
d* Applicant must be a confirmed staff of MBSB's approved corporate client. Application can be made directly at any of MBSB's branches or through the employer's Human Resources Department.

Eligibility For Personal Financing

• Applicant must be at least 21 years old and not exceeding 55/56 (b*) years old upon expiry of the facility
• Malaysian permanent resident
• Minimum income of RM1,000 (c*) ONLY (Joint income is applicable to husband and wife ONLY)
• Minimum gross monthly income of RM 1,000 (Joint income is applicable to husband and wife ONLY)
• Confirmed employee of MBSB's approved Corporate client
• Maximum financing up to 15 times monthly salary or maximum of RM75,000 whichever is lower
• Applicant must be a confirmed employee in any of the following:
  • Government Sector
  • MBSB's approved Corporate Client (d*)

Notes:
a* To qualified applicant and subject to completion of documents
b* For government staff who opt to extend their retirement age to 56
c* Subject to Terms & Conditions
d* Applicant must be a comfirmed staff of MBSB's approved corporate client. Application can be made directly at any of MBSB's branches or through the employer's Human Resources Department.

Other Details:
Security Deposits - equivalent to 3 months installment amount (to be included in the financing amount).

Profit Rates:

Home Improvement

Product Features
Applicable to owners of completed properties.

• Eligible to MBSB existing/other financial institutions housing loan customers (i*)
• Financing Amount
• Up to 15 times monthly salary, subject to a minimum of RM3, 000 and up to a maximum of RM50,000
• Repayment tenure
• Up to 7 years
• Hassle-free application
• Application at 33 MBSB branches nationwide and fast approval (ii*)
• No creation of 2nd charge
• Low monthly repayments
• Profit rate
• Attractive fixed rate
• Security deposit
• Equivalent to 3 months installment amount (to be included in the financing amount)
• Processing fee
  Up to RM10,000 - RM100
  RM10,001 to RM50,000 - RM200
• Eligibility criteria
  • Applicant must be at least be 21 years old and not exceeding 55/56 (ii*) years old upon expiry of the facility
  • Malaysian citizen
  • Minimum income of RM1,000 (i*) ONLY (Joint income is applicable to husband and wife ONLY)
  • Applicant must be a confirmed employee in any of the following:
    • Government Sector
    • MBSB's approved list of companies (iii*)
• Other requirements
  • Guarantor (i*):
    • Waived for Government staff
    • One (1) eligible guarantor of non-Government staff
  • Participation in Group Reducing Term Takaful Plan
• Supporting documents for applicant(s) & guarantor(s)
  • Original IC
  • Employer's confirmation letter
  • Latest 3 months pay slip
  • Latest 3 years Income Tax Form J

Notes:
i* Subject to terms and conditions.
ii* To qualified applicant and subject to submission of required documents
iii* Applicant must be a confirmed staff of MBSB's approved list of companies. Application can be made directly at any of MBSB's branches or through the employer's Human Resources Department.

For More Information, contact Marketing Department at:
Azman Zain (6012) 628 9921
Safiah Ibrahim (6012) 628 7759
Hanizam (6013) 273 3969
Marketing (603) 2095 4000 (Ext 770/676)

Alternatively, you may visit our branches nearest to you today.

Graduate Financing

This package provides finances for individuals to further their education. This product is also applicable to parents who want to finance their children's tertiary education or post-graduate studies.

With Graduate Financing , applicants only need to pay monthly profit servicing during the duration of the course. Only after completion of the course will the full monthly repayment begin.

Inclusive of the Mortgage Reducing Term Assurance (MRTA), which will settle the unpaid portion of the loan in a lump sum in the event of death or total permanent disability.

Executive Entrepreneur

The Executive Entrepreneur is targeted at aspiring executives who have plans to start their own business. Most of the time, executives are equipped with creative ideas and the technical know-how, but do not have sufficient finances to kick off the initial set up stage. With this package, starting a business venture is now within reach.

Inclusive of the Mortgage Reducing Term Assurance (MRTA), which will settle the unpaid portion of the loan in a lump sum in the event of death or total permanent disability.

i-Do Financing

MBSB's I-Do Financing is most appropriate for couples seeking to finance their wedding dreams.

Be it to organize the perfect ceremony or to go for the dream honeymoon, this package is ideal for newlyweds.

Inclusive of the Mortgage Reducing Term Assurance (MRTA), which will settle the unpaid portion of the loan in a lump sum in the event of death or total permanent disability.

Gentlemen Farmer

In line with the Ninth Malaysia Plan to promote and expand agricultural activities such as farming, this product provides the needed capital for individuals interested in pursuing an agricultural venture as a source of side income.

Inclusive of the Mortgage Reducing Term Assurance (MRTA), which will settle the unpaid portion of the loan in a lump sum in the event of death or total permanent disability.