Hi, I'm newbie here.. I like to apply a PL, which bank interest is low..
My basic salary is RM 2,160 + allowance RM 650. I like to lend around 20-25k. It is possible?

you want to lend or borrow money?

I want to borrow...

Why sometimes banks called me and ask me for personal loan when i didnt even request for it.

if u hv their loans n cards, they will always call u for offer...

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Added on March 11, 2012, 1:45 pmr u gov/glc/mnc stuff? cos alot private workers here... dont miss lead them...
btw, gov loan 3.25% for 3 years is not the lowest...

This post has been edited by kenshin1: Mar 11 2012, 01:45 PM

hi all..i want to apply for personal loan..
my salary is 2.9k per month...working in private sector but not GLC..
nett salary just 2.5k...

i don't have any loan..
i always use my credit card and pay all of it within a week..

what is max loan can i get?
which bank do you guys recommended?

p/s : i'm looking for 15k and 3 years payment..

i found out about something, comparison between bank rakyat and al rahji bank.

say, both banks loan me RM50k, with repayment of 10 years. BR offers me 5.25% whereby Al Rajhi offers me 7.25%.

Main difference here is that, for BR, for the first few years, most likely 2-3 years, the installment that you paid, serve purely interests only. It will not knock out any principal.

for AR, the first installment, it will knock out the principal+interests. like our full/semi flexi loan type.

so meaning, if you plan to settle your loan earlier, then better take AR with higher interests rate, compare to BR.

i'm not so sure yet about bank islam or other malay banks.

you can try Alliance bank.. 8.88% until end of this month.. they can offer up until 5 times your salary

No sign of anyone who got their application approved for p.loan ?

lucky...very good info.
if you plan to settle your loan earlier with ar...saving is big?
what if we follow the payment schedule until the end?
which one is better?

My last choice...AEON...T____T

Just curious...

What do most of you apply for a personal loan for ?

1. pay off creditcard debt ?

2. start small business ?

3. emergency situation ?

4. not enough money to spend ?

5. pay for car down payment or other down payment ?

6. house renovation ?

Thank you for reading & replying..

I am currently looking for a personal loan. Amount is around 40-50k. Bankers who is interested send me a PM.

Just got rejected by RHB Easy and Maybank Personal Loan.
Require 6k Personal Loan for clearing some debt.
Anyway that i cant get any Loan from bank?
Current salary = RM 4800.
Starting Next month switch job will be RM 6000.
Please PM Me.
Thank you

wah.. salary 4.8k also got rejected by RHB easy?? did u ask why?? maybe over comitment or bad ccris record..



This post has been edited by cyberz: Mar 18 2012, 11:46 AM

Mind to share with us on your current commitments ?
With such salary payout should be able to apply for a p.loan .. how about your repayment table consistency ?

Car loan = RM 900.
Credit card payment = RM 160.

I guess probably due to last time my credit card burst.

Any idea quick way to get it solved?

I need some cash for investment.

can put another one for investment

some bank will consider history of their customer loan..as example if you apply new personal loan with hlb but previously you have special attention acc./npl acc. or reshedule acc. with them..the probabilty your loan will be rejected is very high..i don't know if this applicable with rhb and maybank or not..just sharing some info

nowdays,some applicant apply the personal loan to use for their marriage..imho this way is not a wise decision because new married couple will need a lot of cash after their 'kenduri' rather than splash the cash to organise grand wedding 'kenduri' especially malay..in the end it wilk be a burden for them to start their new life with huge debt ..