Hello..

I need an advice, anyone know which bank currently promotes best rates for islamic financing loan? Looking for PL that easy to apply yet try to find lower rates



This post has been edited by dhartini: Oct 3 2012, 09:15 PM

Hi,

I'm trying to get loan around 25K-30K. I'm going to expand my business. I've been rejected by Alliance bank. Anyone able to introduce highest approval bank or any agents able to help me?

Annual income reported: 39000

Hi, I'm looking for PL, anyone can help me? I'm not looking for fast cash like EasyRHB. My basic salary RM2.5k and my gross income always hit around RM3.0k per month after added OT, Allowances and so on.

Let say, I want to have maximum personal loan applicable for my current salary (example only), and I'm working for private company.

Gross salary: RM1200
Incentives: a few...normally few hundreds (lets keep this fella out of calculation aight guys?)

Preference of payment: fast settle, least duration possible

Amount to loan: maximum applicable for mentioned salary, minimum of RM5K the least

Details: this is my 1st loan, working for 1 year already.


So the questions:

1) based on your exp, which banking institution offer best loan and payment? I check CIMB, 2% of total loan. if RM5K, it is RM100/month for interest only

2) if I loan, can I apply for Skim Amanah Rakyat 1Malaysia (SARA 1Malaysia) later on? or should I apply SARA 1Malaysia 1st, then only apply loan?

3) how to calculate everything? just a formula or example will do. I'll try to figure anything else myself..really clueless where should I start

4) can I take out the SARA 1Malaysia from ASB during the 5 years duration?

5) any other option other than bank loan? no along please

6) that's all for now I guess...back to reading more on loans

This post has been edited by Invince_Z: Sep 12 2012, 07:30 PM

Salary rm1200 and u working private company.?
I dont think there a bank can help.. Most of bank i think minimum rm2k salary.. Better go bank ask forconfirmation

Sorry to tells u that ur salary is too low to apply.

do you have any commitment ?

CIMB Xpress Cash Financing-i @ RM800 minimum, but have very high interest, 2%
maybank require RM30K/annum the least
others as you say...the least RM2K

RM1.2K just example. lets change salary to RM2K. how is the calculations...any advices?


other than PTPTN, nothing else. salary is mine 100%, but i do deduct RM100/month. the rest, is all mine....either to spent or to save.



what about the SARA 1Malaysia scheme? can i take out the money?

This post has been edited by Invince_Z: Sep 13 2012, 01:29 AM

applied Hong leong pl a week ago salary abt 6k and above. no cc no any other loan. thy called up on monday for a verification. ask few question thn called my office. but dnt knw got approved or not. keeping my fingers crossed!!! hw long does it takes to knw if its approve or nt?

Citibank Dial for Cash max 4 years, is it good?

3.22% - 1 year
3.78% - 4 years

I have a friend want to apply 50-50k loan. Salary is rm4k monthly. Is it hard?

anybony know or cn sggst which bank/ crdct srvice that can apprve my loan? this is the detail. 1. i need about 15k. 2. my annual income rm1650. 3. im cntrctual wrker.

Oh HLB.

Requirement basic RM2000. No early settlement allowed for certain amount. Correct me if I'm wrong.

your loan approve is for Bank Islam right?
and your company is panel with Bank Islam too?

Yup, apply for bank islam.
Company i'm working not a panel for this bank.
If yes, then i can get lower interest.

correct me if im wrong ?

mostly i see all personal loan interest is above 10% per annum usually ?

how come i still see some forumer putting 3% etc etc ? can elaborate further ?

thank you so much

went to a showroom today
see a car around 140k
then tanya the salesman m i eligible to apply loan for the car
my gaji around 4k
then he calculated i need to put downpayment 40k for it
is it true ah

standard down payment for car is 10%

---

Added on September 18, 2012, 9:33 pmAlliance Bank still below 10% without any T&C
Hong Leong below 10% but WITH T&C ?

This post has been edited by Ken_HP: Sep 18 2012, 09:51 PM

Yes. It's true as Ken_HP said but it is not advisable to proceed, that is if you have the intention to buy it.

Want to clarify. If I have islamic financing of RM420K, the loan amount shown is actually about RM880K based on islamic principles. In my credit standing report, they will take RM420K or RM880K as loan commitment?

I believe outstanding credit card is counted in the credit report, how about those balance transfer program and monthly instalment scheme for retail transactions?