KFH

KFH Murabahah Personal Financing-i

A flat rate personal financing plan for salaried-employees who needs extra cash to lighten their burden. Pay medical bills or house renovation!

    • Financing up to RM250k
    • Up to 10 years tenure
    • Unsecured Islamic Financing
    • Takaful insurance required
  • Borrow: RM 
    How Long: years
    My monthly income: RM  

    Monthly repayment: RM-

    Profit rate p.a.: -%

Take Your Next Step. Enjoy Profit Rate from as Lowas 6% p.a.

Complimentary RM50 Giant Voucher upon disbursement of facility

Apply online now for KFH Murabahah Personal Financing-i

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Profit rates

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

Financing ValueFinancing PeriodYour IncomeProfit Rate
RM5000 - RM25000024 to 120 monthsmin. RM360006% p.a.

Fees & Charges

There are always fees but how much are they?

Profit Rate / APR
As low as 6% p.a., depending on financing amount and period
Stamp Duty
0.5% of the whole amount
Early Termination Fee
None
Late Payment Charge
1% from current outstanding amount
Insurance
You must take takaful insurance with this financing.

Requirements

Are you eligible for this personal financing?

Minimum annual income
RM36000
Minimum age
21 years old
Maximum age
60 years old
Who can Apply
  • Malaysians
  • Confirmed and Permanent Staff
  • GLC employee
  • Multi-National Corporation employee
  • Public Listed Company employee
  • Salaried employee

Frequently Asked Questions about KFH Murabahah Personal Financing-i

Things you might want to know

What is this product about?

KFH Murabahah Personal Financing-i is an unsecured Islamic personal loan based on the Commodity Murabahah (Sale and Purchase transaction) structure, open to individuals aged between 21 to 60 years, whose main income is fixed monthly.

The profit rate is made known to you upfront and flat throughout the tenor of up to 10 years. You can borrow any amount between RM30,000 and RM250,000, subject to your credit checking and KFH's approval.

What is my obligations?

You are required to repay the bank what you have borrowed, which consist of principal amount and profit rate, every month until your loan tenor is mature. As this is a flat rate Islamic personal financing, you are not going to be affected by the movement of the bank's base rate.

How do I pay my monthly installments?

There are several convenient ways you can choose to service your outstanding balances such as Standing Instruction or Interbank Giro or Instant Transfer from your designated deposit account to KFH's personal loan account.

Do I need Takaful coverage?

KFH makes it compulsory for you to take up a Group Credit Term Takaful (GCTT) to cover the outstanding loan amount in the event you are not capable of repaying the outstanding amount due to death or total permanent disability.

However, you will be able to claim the excess Takaful contributions via rebate if you have fully paid your personal financing ahead of schedule.

Do I need a guarantor?

No guarantor or collateral is needed for this Islamic personal financing.

What document do I need to prepare?

First, you will need to complete the application form and then standby a copy of your NRIC together with it. Then, you also need to supply several of the documents below:

For Salary Earners:

  • Latest 3-month payslip
  • EPF Statement with latest 3-month contribution

For Self-Employed:

  • Latest B/e-Tax form with tax payment receipt; or EPF Statement; or copy of latest Audited Financial Statements
  • Business Registration Form
  • Latest 6-month Company or Personal's bank statement

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