For agency services, they will charging 10-15% from your total loan amount approval.

If client lack of income document, verification problem & etc they can settle for u.

But client have to make sure that ccris payment have to be good, not more than 2 months payment is the best.

If under permanent staff just attach with offer letter, 1 month payslip and bank statement showing salary credited.
If probation just forget about it.

Actually first stage eligibility checking for ccris, ctos, scoring & commitment can know within 5mins. Just a few clicks, type in client full name and ic only.

But you have to make sure the officer is available to key in for u

anyone interested to check for eligibility can drop me a pm, just full name, income figure & ic. As i promise maximum i take 1 hour or less* but make sure u call on the right time, office hour.

cheers

2 ,3 means late payment for 2 months and 3 months.

Some bank review frm latest 6 months ccris, some review frm 12 months.
1 month late payment it's not a problem, 2 would be 50-50, 3 months confirm reject.

Bank minimum requirement minimum salary 2k gross...

Blacklisted under bank facilities ?

U need to settle your blacklist facilities along with release letter frm particular bank to apply for p.loan.
If not u just wasting time.

Debt no need to clear all to apply for others loan facility.

But if u have blacklisted facilities with the bank, u need to clear off the blacklisted facilities first.

Call up to customer services, ask for full early settlement figure and is there any lock down period. Prepare cash / bankdraft, drop by to the nearest branch and pay for it.

Early settlement penalty should be around 3% or more or less.

it's not same

Currently bank offer based on nett income , means after deduct your epf 11%, tax deduction, socso.
Different bank different policy, normally 3-10 times based on risk level.
Low risk = 5-10
Medium = 4 - 7
High = 2-4

Low risk client = minimum 5 - maximum 10times of your nett income
Medium risk client = minimum 4 - maximum 7 times of your nett income
High risk client = minimum 2 - maximum 4times of your nett income

Example u are a medium risk client ( 4-7 )
bank offer based on your nett income x 7. Nett Rm2000 x 7 = Rm14,000 loan amount


For risk level wise, normally bank categories via your overall payment record, credit card limit outstanding, recent total application & etc.

Btw, every bank got different policy. It might be less or more.

Just for reference purpose =) cheers

If u got register for ssm, yes u can and of course must be support with income documents. Such as company bank statement / epf or income tax either one.

aeon or rhb easy...but interest rate sky high around 11%-13% ++

on the next day bank already can see your pl application, but it should be fined.
P.Loan = Unsecured lending
Housing Loan = Secured lending

PBB p.loan not strong...
But u have to check with the sales staff what's the reject code. might be fail verification, document proble, & so so .

Festive season, application process will back to normal next week
cheerss

Wrong.
Every bank got different policy, Maybank p.loan kinda strict. But for others bank still so so

If u got epf deduction or bank statement showing salary credited u no need to submit income tax. But u have to make sure u minimum 3 or 6 months deduction and income Rm2k-3k above.

Normally officer wont request for income unless your documentation not strong or etc.

Actually from bank calculation different, bank cant direct take your 60k credit as a income.

The calculation method for Alliance, will be something like this :

Average 60k monthly,

What kind of business ? If trading related will be around 8-10%

Shares % u holding ? ( let's say 50% )

60k x 10% = Rm6000

Rm6000 x shares 50% = Rm3000

Your gross income Rm3,000

Normally loan amount bank offer based on nett income x4times to maximum 10times.

Rm3000 x = Rm30,000



*Just for your info
Business must be register more then 2 years, less than 2 years will be subject for bank approval. Since nowdays bank requiremnt minimum 2 -3 years.

U have to know, government sector & private sector different

There is a loan called ' koperasi loan ' just for government servant ONLY, interest rate around 3-4%++ loan amount =200k repayment period up to 20 years. THey special part is, your income less than 1.5k or 2k also can apply.

For approval wise, as long your ccris & ctos record is fair. Should be not a problem
U just need to request for your superior or head of department signature will do, bcoz the loan eventually will direct deduct from your payroll every month.

Bank offer loan amount based on your nett income, normally around 4-7 times of your nett. ( after deduct epf, socso, income tax)