bank will look into ur nett income

This meaning your income vs your debt.

Hurm..this year will be a tough one for bank side..interest rate expected will be lower this year..there will be 'war' among the bank to offer the best rate in the market to attract the customer to apply for their product..and new guidelines from bank negara also made the situation worst..after this all loan application will be screening not even the customer have enough money to pay back the loan..the bank also need to confirm the customer have enough money to survive after pay the loan using DSR formula..it's good way to avoid people from suffering to pay loan but dont have enough money to survive..but in other way,the rejected rate of application of loan especially loan without collateral like pl also expected to be high..

it might also affect house, car buyers etc as well as the volume of sales when the new bank negara ruling implemented since 1st Jan 2012.

This indeed a good move

Hi guys,

any idea which bank offers the best deal for private employee? thanks

i want to apply pl...im from f&b sector..basic 1.6k with no credit card...want to borrow 7.5k...which bank offer low interest

sorry if it had been asked many times,but which bank have the lowest rates nowadays?..and is the rates is fix or changes like asb loan?

Guys.. Are there any banks that provide personal loan to overseas employee.

hi,, may i know which bank offer the lowest interest??
i had google but most of them showed not the latest one..
i'm too lazy to go to each bank for getting the info..
am gomen servant with net salary 1.6K.. :hmm:

for government servant, the best is from bank rakyat, bank islam or cimb..

Hi Lin Lindo, Bank Rakyat offers interest as low as 3.25% per year. Grab it because I heard the promotion last until end of March 2012

hi guys..i need pl arround 5k only ..with income of 1600 can i get pl from easy rhb?? what other document should i bring?

Any bank rakyat personal loan provider here ?

This post has been edited by albhong: Jan 26 2012, 09:47 AM

hi guy ! i want to apply loan about 15k .anybody can suggest me ..
but my basic 1.6k.currently have car loan only.no cc.no home loan..tq

unless u work in gov sector, then forget it

hurm..my personal opinion..your application might be rejected if based on current bnm guidelines on DSR..just sharing simple method to calculate it

your debt/your income x 100

Example:
your net income =rm1300\2=650
installment for car loan =rm500
installment for PL applied = rm400

900\650x100=138%

your DSR is 138% exceed the limit cap by most banks on 85% only..

Actually, what is the purpose of u guys to apply PL? When i'm looking at the interest also i got scared.

which bank pl approved rates is higher and not so concern on ccris record?how bout easyrhb?i heard say juz need ic.they can check all your loan on others bank b4 approved?

i don't think the bank will not concern on the ccris and ctos report when they process the loan because it is a must for credit processing ma..