Maybank Personal Loan (Malaysia) Reviews
Read more about Maybank Personal Loan
Finance your dreams today. Find out more about Maybank personal loan offerings.
1. Maybank Islamic Personal Financing-i (MIPF-i)
Features:
- Fixed monthly installment
- Financing Amount: Minimum financing amount RM5,000, maximum financing amount RM100,000.
- Tenure: Minimum tenure 2 years, maximum tenure 6 years.
- Profit Rate: 8% per annum fixed rate for financing amount of RM5,000 to RM20,000, 7% per annum fixed rate for financing amount of RM20,001 to RM50,000, 6.5% per annum fixed rate fina...
Finance your dreams today. Find out more about Maybank personal loan offerings.
1. Maybank Islamic Personal Financing-i (MIPF-i)
Features:
- Fixed monthly installment
- Financing Amount: Minimum financing amount RM5,000, maximum financing amount RM100,000.
- Tenure: Minimum tenure 2 years, maximum tenure 6 years.
- Profit Rate: 8% per annum fixed rate for financing amount of RM5,000 to RM20,000, 7% per annum fixed rate for financing amount of RM20,001 to RM50,000, 6.5% per annum fixed rate financing amount of RM50,001 to RM100,000.
Note: Effective profit rates may vary from 11.53% to 14.68% per annum depending on the financing amount and tenure.
2. Maybank Personal Loan
- Features:
- Fixed monthly instalment
- Loan Amount: Minimum loan amount RM5,000, maximum loan amount RM100,000
- Tenure: Minimum tenure 2 years, maximum tenure 6 years.
- Interest rate is on fixed rate basis: 8% per annum fixed rate for loan amounts of RM5,000 to RM20,000, 7% per annum fixed rate for loan amounts of RM20,001 to RM50,000, 6.5% per annum fixed rate for loan amounts of RM50,001 to RM100,000.
Note: Effective interest rates may vary from 11.53% to 14.68% per annum depending on the loan amount and tenure.
3. Maybank Salary Loan / Financing
Attractive interest/financing rates as low as 5.50% p.a exclusively for employees of selected Government Link Companies (GLC), Top Tier Corporations (TTC) & Large Enterprise Companies (LEC).
Features:
- Financing Amount Minimum RM3,000, maximum : RM200,000 or 20x basic salary inclusive of fixed allowances, whichever is lower.
- Tenure: Minimum 2 years, maximum 10 years or up to retirement age, whichever is earlier.
- Profit Rate: Monthly Repayment with Salary Deduction: BR/IBR + 3.75% (Effective Rate: 5.50% p.a ), Monthly Repayment with Maybank2E Deduction: BR/IBR + 4.00% (Effective Rate: 5.75%).
Note: Base Rate (BR) / Islamic Base Rate (IBR) at 1.75% p.a. effective 9 July 2020.
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Most user friendly web application I`ve ever used
Most user friendly web application I`ve ever used
Plus, if you desperately need extra money, you can get your Maybank Personal Loan approved potentially fast within 48 hours, once all necessary documents had been submitted.
Then, your money will be transferred to either your Maybank Current Account or Savings Account.
How much money can I borrow?
You can borrow any amount between RM5,000 to RM100,000 with Maybank personal loan, subject to credit check after taking into account your repayment capability, asset and liabilities.
This money can be repaid over flexible tenures between 2 to 6 years.
But beware: If you have submitted your Maybank Personal Loan application, it is considered as an 'acceptance' to the offer made by Maybank.
So, when you ask an RM50,000 personal loan, and Maybank chooses to lend you RM25,000, you must accept that amount and can't cancel the loan agreement.”