Personal Financing-i Al – Yaseer
I-Lestari Private Financing is a concept financing based on Tawarruq. It provides a maximum limit of RM200,000.00 with a financing period of ten years and a profit rate as low as 3.45% per annum.
Personal Financing-i Al Yasser
Financing Until
RM200 THOUSAND
Up to 10 Years
Up to 10 Years
Profit Rate
| Sector | Payment | Profit Rate % |
|---|---|---|
| Public & GLC | BPA | 1 – 3 Years : ECoF + 3.60% 4 – 10 Years : ECoF + 4.20% |
| Public | PGM | Income > RM3,000.00 1 – 3 Years : ECoF + 3.60% Income > RM3,000.00 4 – 10 Years : ECoF + 4.20% |
| BPA | Income > RM3,000.00 1 – 10 Years : ECoF + 4.67% | |
| PDC/SI/Others | Income RM5,000.00 – RM10,000.00 : ECoF + 5.31% Income > RM10,001.00 : ECoF + 4.99% |
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| * PDC – Post Dated Cheque | * SI – Standing Instruction | * Others-online banking |
* Current ECoF is 2.90%. The above KKE includes Takaful. For financing without Takaful, an additional 1% applies on the current KKE.
Malaysian Citizen, Age 18 years old and above (except financing with *PGM) or until retirement age (whichever is earlier)
Public sector
- Government Sector & Statutory Bodies
Private sector
- Private Sector / Selected Companies
Minimum Income
- Government Employees & GLCs - RM2,000.00
- Private Sector & Employer Panel - RM3,000.00
- Private Sector Non -Employer Panel - RM 5,000.00 and above
*The minimum age for financing with Employer's Salary Deduction (PGM) is 21 years old
Financing period up to 10 years or up to retirement age (whichever is earlier)
Guarantor / collateral is not required including staff with continued contract status (for Kemas & Unity Department staff only)
- Public Sector / GLC / BPA - None
- Others - equivalent to one (1) month installment
| NEW APPLICATION | OVERLAPPING APPLICATION | |
|---|---|---|
| MANDATORY DOCUMENTS I |
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| DOKUMEN SOKONGAN |
Note: Supporting documents can be submitted before the offer letter and financing agreement are signed. If the supporting documents cannot be submitted by the applicant, the amount of funding that has been approved must be adjusted based on the information that has been received. |
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