MBSB Afdhal-i
Min. interest rate3.72% p.a.
Max. Loan amountRM 400,000
Max. Tenure10 years
Min. interest rate3.72% p.a.
Max. Loan amountRM 400,000
Max. Tenure10 years
Borrow for up to RM400,000 with maximum financing tenure of up to 10 years. Open to contract Government and selected GLCs employees, as well as premium customers, part-finance your personal needs today with MBSB Afdhal-i.
Calculate your monthly repayment
*Profit rate, monthly repayment, and total repayment amount displayed are estimates for illustrative purposes only. The actual financing terms, including the approved amount, and final profits are subject to assessment and approval by the lending party.
Fees and Charges
Profits RateAs low as 3.72% p.a.**Subject to terms and conditions
Stamp Duty
Exempted
Processing Fee
RM 34.00As Wakalah Fee
Late Payment Fee
1.00% on such overdue amount1% 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
Early Termination Fee
Exempted
Eligibility
Min. IncomeRM 3,000per monthRM 36,000 per year
Who Can Apply?Malaysian citizens19 - 60 years old
Employment Status
- Government employee
- GLC employee
- Contract employees of Government, GLCs, local councils and selected companies having salary deduction arrangements with the Bank with at least 12 months in service (applicable for Biro cases only)
- Permanent/Contract employees of listed Private Sector companies having salary deduction arrangement with the Bank (Non-Biro)
- Premium customers - High income employees (contract/permanent) of Government, GLCs, SGLCs, statutory bodies and selected private companies with at least 5 years in service
Documents required to apply
- Copy of identity card (front & back)
- Latest 3 months salary slip
- Latest 3 months bank statement (with salary being credited)
- Latest B/BE Form with official tax receipt
- Latest EPF statement
- A copy of BPA form
Loan Repayment Table
| Financing Amount | Financing Tenure | Min. Income | Profits Rate |
|---|---|---|---|
| RM 10,000 - RM 400,000 | 24 - 120 months | min. RM 36,000 | 3.72% p.a. - 7.00% p.a. |