CIMB Cash Plus Personal Loan

Offering 100% cash disbursement, competitive interest rates and flexible repayments options - fulfill your dream with CIMB personal loan.

CIMB Cash Plus Personal LoanFast Approval & As Low As 6.88% p.a.
Interest Rate
from 6.88% p.a.
Financing
up to RM100k
Tenure
up to 5 years
Loan Type
Unsecured Loan
Min. Income
RM2,000/month

Get a FREE
Cashback Giveaway From CIMB
worth RM1000
when you apply through RinggitPlus *

Cashback Giveaway From CIMB

Loan calculator

Interest rates

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

You borrowLoan periodYour incomeInterest Rate
RM2,000 - RM100,00024 to 60 monthsmin. RM24,0006.88% p.a.* - 14.88% p.a.*

Fees & Charges

Interest Rate / APR
As low as 6.88% p.a.*,  subject to the Bank's approving criteria
Processing Fee
None
Stamp Duty
None
Early Termination Fee
None
Late Penalty Fee
 1%  from current outstanding amount, p.a. on the instalment amount in arrears from the overdue date

Requirements

Minimum Annual Income
RM24,000
Minimum Age
  • 21 to 58 years old
Who can apply
  • Malaysians
  • Salaried employee
  • Self-employed

More Information

CIMB Cash Plus Personal Loan Campaign FAQs:

For a limited time only, eligible applicants of CIMB Cash Plus Personal Loan will receive a guaranteed cashback amount worth up to RM1,000 when they apply online via CIMB Bank's website.

This campaign runs from 1 March 2022 to 31 August 2022, subject to campaign's terms and conditions.

The cashback amount will solely be determined based on the loan disbursed amount as follow:

Loan Disbursement TierCashback Amount
RM20,001 – RM50,000RM300
RM50,001 and aboveRM1,000

Who is qualified for this promotion?

This campaign is open to new customers only. The following are persons or categories that are not eligible for this campaign:

  • Individuals below 21 years of age upon application; and/or
  • Existing CIMB Cash Plus personal loan customer; and/or
  • Permanent and/or temporary staff or employees of CIMB Bank and their immediate family members; and/or
  • Representatives and/or agents of CIMB Bank and their permanent and/or contract employees and/or their immediate family members; and/or
  • Non-individual entities including but not limited to sole-proprietorships, partnerships, charitable/non-profit organisations/societies, corporate and commercial customers, public listed and private limited companies, clubs, associations and co-operatives

How can I participate in this campaign?

If you are eligible, you can participate in this cashback campaign with the following criteria:

  • Apply for CIMB Cash Plus Personal Loan via CIMB Bank's website
  • Upload the necessary and completed documents with a digital form that is available via CIMB Bank's website (https://apply.cimb.com.my/forms/cpl/#/)
  • Next, kindly follow the steps accordingly to complete your application

Which personal loan can I apply for?

You can apply for:

  • CIMB Cash Plus Personal Loan

Where can I reach out to you for more information?

For any questions, please get in touch with us via email at [email protected], or DM our FB page.

What purpose can CIMB Cash Plus Personal Loan be used for?

In this day and age, money is important, and to some extent, brings happiness. 

Believe it or not, your dream can be financed with a personal loan; be it a new business venture, home improvement and renovation, capital for personal investment or your child's education pursuit. 

CIMB Cash Plus Personal Loan makes it nearly possible for you to achieve any of those, and even more - as long as it is reasonable for the bank to consider, as much as it is manageable for you too.

How much money can I borrow from CIMB Cash Plus Personal Loan?

You can borrow up to RM100,000 with this unsecured CIMB personal loan, with the minimum amount you can apply is from RM2,000. 

For existing CIMB customers with a monthly gross income of RM30,000, you may apply for up to RM300,000, subject to eligibility criteria.

The interest rate offered by CIMB Cash Plus Personal Loan is fixed, ranging from as low as 6.88% p.a. to 14.88% p.a., which is equivalent to effective interest rates of 12.31% p.a. to 24.51% p.a., with repayment terms of up to 5 years.

It is important to keep in mind that the interest rate assigned and loan approval is subject to the bank's approving criteria.

What are my monthly obligations for this CIMB Cash Plus Personal Loan?

Your monthly instalment payment will begin one month after you have made a full disbursement of your loan. 

You must make your monthly instalment through deduction from your CIMB Current / Savings Account via Standing Instruction.

There will be a late penalty fee of 1% p.a. on the unpaid balance if you are late on your payment.

Can I fully settle my CIMB personal loan early?

Absolutely. As a matter of fact, you can pay your CIMB Cash Plus Personal Loan off before the end of the financing tenure at zero cost. 

All you need to do is inform CIMB of your intention in writing one (1) month prior to the early settlement.

Why should I get CIMB Cash Plus Personal Loan again?

If you want to reach your goals sooner than you have planned, CIMB can help expedite your dream via its hassle-free application process. 

Once you have submitted all required documents, CIMB may take a few business days to process your application, approve and transfer the money into your CIMB bank account.

Plus point: you will receive a 100% disbursement, meaning there is no processing fee on this personal loan. 

What documents do I need to prepare for this CIMB Cash Plus Personal Loan application?

First, you need to be at least 21 years old and have a minimum monthly income of RM2,000 to qualify for this CIMB personal loan. 

On application, you will be asked to provide supporting documents:

Salaried Employee (fixed and variable income):

Employer Fixed Income Variable Income (Basic + Allowances)
MNCs
PLCs
GLCs
  • Latest 1 month payslip, OR
  • Latest EPF statement with minimum 6 months contributions
  • Latest 3 months payslip, OR
  • Latest EPF statement with minimum 6 months contribution
Others
  • Latest 3 months payslip, AND
  • Latest 3 months salary crediting bank statement, OR
  • Latest EPF statement with minimum 6 months contributions

Self-Employed:

Type of self employmentIncome documents
Sole Proprietor
Partnership
Private Listed Company (Sdn Bhd)
  • Latest 6 months company bank statements, AND
  • Business Registration Document

Am I qualified to apply for CIMB personal loan 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.

CIMB is more likely to approve your personal loan application if you can show that you are managing your personal finances, rather than accumulating more debt.

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