MBSB Private Sector-i

Tailored for practising Professionals in the private sector, fulfil your dreams with a fast loan and borrow up to RM300,000 for up to 10 years of financing tenure. No charges on early loan settlement!

MBSB Private Sector-iOptional Takaful Coverage
Profit Rate
From 6.29% p.a.
Financing
up to RM300k
Tenure
up to 10 years
Loan Type
Unsecured Islamic Financing
Min. Income
RM5,000/month

Loan calculator

Disclaimer:
For illustration purposes only. The final loan amount, monthly repayment, plus the interest rates are subject to the bank's assessment and approval.

Profit rates

Based on your loan amount & loan period, the profit rates are as low as the following

Financing ValueFinancing periodYour IncomeProfit Rate
RM50,000 - RM300,00036 to 120 monthsmin. RM60,0006.29% p.a. - 11.9% p.a.

Fees & Charges

Profit Rate / APR
As low as 6.29% p.a.,depending on financing amount and period
Processing Fee
RM34, as Wakalah Fee
Stamp Duty
None
Early Termination Fee
Waived
Late Penalty Fee
1% p.a. on such overdue amount during the facility tenure or if it’s after the maturity of the facility tenure, then a rate that won’t exceed the prevailing daily overnight Islamic Interbank Money Market rate (IIMM) will be charged on the outstanding balance
Mode of Payment
You must pay your financing installment by salary deduction

Requirements

Minimum Annual Income
RM60,000
Minimum Age
  • 21 to 60 years old
Who can apply
  • Malaysians
  • Salaried employee
  • Permanent employees of PLCs, GLCs, state GLCs, MNCs, education sector companies and its subsidiaries
  • Permanent professional employees of private companies with a valid Professional certificate
  • Self-employed practicing professional with a valid Professional certificate with minimum 2 years of business/firm establishment

More Information

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