Bank Muamalat Personal Financing
Bank Muamalat Malaysia Berhad, the second full-fledged Islamic bank to be established in Malaysia after Bank Islam Malaysia Berhad, is poised to play its role in providing Islamic banking products and services to Malaysians, without regard to race or religious beliefs.
Bank Muamalat provides a variety of loan options especially for the government servant and the armed forces. Bank Muamalat Personal Financing is a Shariah and Islamic compliant personal loan.
Financing for All Federal or State Government, Armed forces and Government Link Company
Tenure minimum of 3 years and maximum of 10 years and financing amount minimum of RM 5,000.00 and maximum of RM 150,000.00 or Salary less than 5,000.00: 5 times gross salary or Salary more than 5,000.00: 10 times gross salary, whichever lower.
Interest Rates
Bank Muamalat Personal Financing offers both flat rate and floating rate. The interest rates offered would depends on tenure, amount and credit score of loan applicants.
Charges and fees
Takaful insurance is optional for this personal loan while a standard 0.5% Stamp Duty is applicable.
Mode of repayment:
a) Auto Debit net salary via BMMB Current/Saving Account or
b) Salary deduction At Source by employer
Documents Required:
- Copy of NRIC (front and back)
- Latest 1 month Salary Slip
- Employment Confirmation Letter
- Latest Utility Bills (TNB/Telekom/Syabas/Astro)
Financing for Malaysia Armed Forces
- Tenure of minimum: 3 years, Maximum: 15 years
- Financing AmountMinimum: RM 5,000.00
- “Lain-lain Pangkat” (LLP): Maximum: RM 60,000.00 (Flat/Floating Rate)
- “Pegawai”: Maximum: RM 150,000.00 (Floating Rate), RM 100,000.00 (Flat Rate)
Documents Required:
- Copy of BATC10/MyTentera (front and back)
- Latest 1 month Salary Slip (Flat Rate)
- Latest 2 months Original Salary Slip (Floating Rate)
- BMMB Current/Saving Account passbook
- Latest Settlement Statement
- Investment Statement (if applicable)
- “SuratMengambilMaklumIsteri”
- Standing Instruction Form filled by wife
- Wife NRIC or ID (front and back)
Applicant’s Eligibility:
- Lain‐lain Pangkat (LLP) maximum 52 yearsold.
- Pegawai maximum 65 years old.
Financing Government pensioners under Scheme A
- Tenure minimum of 3 years and maximum of 15 years
- Financing Amount minimum: RM5,000.00
- Maximum: RM 150,000.00 (Floating Rate), RM 100,000.00 (Flat Rate)
Documents Required:
- Copy of NRIC (front and back)
- Copy of Pensioner Card
- Copy of latest Pension Ledger or copy of updated Current/Saving Account statementwhere previous pension credited
- BMMB Current/Saving Account PassbooProducts / Items
MicroFinancing Government pensioners under Scheme A or Army’s wife
Tenure minimum of 3 months, maximum of 7 years (max age of 65 years at end of financing tenure) and financing amount minimum of RM 5,000.00 and maximum of RM 50,000.00
Documents Required:
- Copy of NRIC (front and back)
- Copy of Pensioner Card (for pensioner)
- Husband latest salary slip (for Army’s wife)
- Copy of Pension Ledger (for pensioner)
- BMMB Current/Saving Account passbook
- Business Registration/License/Permit
PembiayaanPengurusanKewangan – PPK (Purchase Motorcycle)
Purpose for purchaseModenas motorcycle only for all Federal or State Government and Government Link Company.Tenure minimum of 3 years and maximum of 5 years with a financing amount minimum of RM 3,000.00 and maximum of RM 10,000.00.
Mode of Payment:
a) Auto Debit net salary via BMMB Current/Saving Account or
b) Salary deduction At Source by employer
Documents Required:
- Copy of NRIC (front and back)
- Latest 1 month Salary Slip
- Price Quotation of Purchase from Modenas (will be obtained by BMMB, CBDD)
Please take note, customer’s not a Bankruptcy during apply BMMB financing and Terms and conditions apply