Bank Islam

Bank Islam Personal Cash Line-i

A personal financing secured against a Bank Islam Fixed Deposit, Structured Investment, or Unit Trust. Flexible financing tenures with no hidden fees and charges!

    • Financing up to RM200k
    • Up to 5 years tenure
    • Secured Islamic Financing
    • Takaful insurance required
    • 48 hours approval
  • Borrow: RM 
    How Long: years
    My monthly income: RM  

    Monthly repayment: RM-

    Profit rate p.a.: -%

View product disclosure sheet.

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Profit rates

How much the bank charges you based on your financing amount & financing period

Financing ValueFinancing PeriodYour IncomeProfit Rate
RM10000 - RM20000012 to 60 monthsmin. RM180007.72% p.a.

Fees & Charges

There are always fees but how much are they?

Profit Rate / APR
As low as 7.72% p.a., depending on financing amount and period
Processing Fee
Stamp Duty
0.5% of the whole amount
Early Termination Fee
Late Payment Charge
1% from current outstanding amount
You must take takaful insurance with this financing.


Are you eligible for this personal financing?

Minimum annual income
Minimum age
18 years old
Maximum age
65 years old
Who can Apply
  • Malaysians
  • Salaried employee
  • Self-employed

Frequently Asked Questions about Bank Islam Personal Cash Line-i

Things you might want to know

How Bank Islam Personal Cash Line-i works?

Very simply. The margin of financing (amount of money that you can borrow) is linked to the funds available, deposited or invested in any of these financial instruments:

  • Borrow up to 100% of the value of your account if secured against Fixed Deposit.
  • Borrow up to 80% of the value invested if secured against Structured Investment.
  • Borrow up to 60% of the value invested if secured against Unit Trust.

In addition, the Fixed Deposit, Structured Investment or Unit Trust acts as security against your Personal Cash Line-i facility.

Do I need to guarantor or collateral to apply for this Islamic personal loan?

This Bank Islam Personal Cash Line-i facility does not need a guarantor. Under specific circumstances, Bank Islam can waive the requirement for collateral (Fixed Deposit, Structured Investment or Unit Trust). However, this does not mean that collateral is not an exception under this facility.

How much money can I borrow?

Bank Islam's Cash Line-i allows you to borrow between RM5,000 and RM200,000 over flexible repayment periods between 1 to 5 years. 

Upon approval, you only need to pay for a one-off Wakalah (Agency) Fee of RM50 and also Government Stamp Duty, which is calculated at 0.5% of the total amount loaned.

How do I repay my Bank Islam Personal Cash Line-i monthly installments?

Your personal financing repayments will begin after you have received and disbursed the money from your bank account. 

The repayments are scheduled every month until full settlement of the financing.

Don't be late on your monthly payment as Bank Islam has the rights to charge you 1% p.a. Ta'widh, or penalty, on the outstanding balance.

Bank Islam requires you to arrange either Salary Deduction, Salary Transfer with Auto Fund Transfer or Standing Instruction for the monthly instalment payments.

Can I make an early settlement on my Bank Islam personal loan?

You can make an early settlement of your personal financing anytime before maturity as there is no lock-in period and no penalty. 

In fact, you will receive an Ibra’ (rebate) which is equivalent to the remaining profit charges at the time of settlement.

Is Takaful coverage required with this Islamic personal loan?


You must sign up for Bank Islam Personal Cash Line-i Takaful Plan, which provides benefits against death or total permanent disability, with Bank Islam's approved panel Takaful providers.

What do I need to apply for this personal loan?

There is no requirement to a deposit or advance payment when you apply for Bank Islam Personal Cash Line-i.

In order to process your application, Bank Islam will ask you to provide several personal and income documents:

Secured against Fixed Deposit or Structured Investment

Salaried Employee

  • Copy of MyKad (front and back)
  • Latest salary slip
  • Latest 3-months bank statements of salary crediting account.


  • Copy of MyKad (front and back)
  • Business Registration Certificate or Operating License
  • Last 6-months bank statements.
Secured against Unit Trust

Salaried Employee

  • Copy of MyKad (front and back)
  • Latest salary slip
  • Latest 3-months bank statements of salary crediting account.


  • Copy of MyKad (front and back)
  • Business Registration Certificate or Operating License
  • Last 6-months bank statements
  • Latest annual income statement (BE / B Form), with valid tax payment receipt
  • Last 2-years business financial statement.

Am I qualified to apply for Bank Islam Personal Cash Line-i if I'm blacklisted?

Depending on your credit history with other financial institutions because all these information (outstanding credit card, personal loan, home loan or car loan debts) will be captured in CCRIS / CTOS (a system that collect credit information on borrowers, not blacklisting them).

Assuming you have poor credit standing due to irregular payments, the best course of action would be to break the habit and start making your payments on time to avoid future hurdles.

Bank Islam is more likely to approve your Bank Islam Personal Cash Line-i  application if you can show that you are managing your personal finances, rather than accumulating more debt.

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