Collateralized Personal Financing-i Program
Solutions to your financial needs. Whether you need extra money for a rainy day or an opportunity that can’t wait, we have the solution for you.
Purpose
For Personal Use – Cash Consumption, debt consolidation, education, medical etc
Eligibility
- Proof of monthly income of RM 3,000.00
- Malaysian citizen Age 18 and above (no cap on maximum age)
- Permanent position or Contractual staff min 1 year of service
- Self-employed / Sole proprietor / Business owner
Mode of Payment
- Salary Deduction at Source
- Salary Transfer to Bank Muamalat
- Standing Instruction
Required Documents / Proof of Income
- Salary Earner
-
- MyKad
- Latest 1 month payslip
- Latest 1 month Bank statement showing salary crediting or
- Any other income supporting document (if required- EA or EPF)
- Self Employed
-
- My Kad
- Business registration
- Latest financial statement or
- Income tax return
- latest 6 months current account statement
Collaterals
- Bank’s Own Products:-
-
- SA-i
- FTA-i
- Muamalat Gold (MG-i) Account
Profit Rate
Competitive Flat & Floating Rate
Financing Tenure
- Minimum 2 years
- Maximum 10 years
Financing Amount
- Minimum RM10,000
Margin of Financing (MOF)
| Accepted Collaterals | MOF |
| SA-i | 100% |
| FTA-i | 100% |
| MG-i Account | 80% |
