Better go for local bank. The interest rate is supposed much lower than the international bank.

isn't it easier to just call them straight away thru customer hotline and ask the banks for accurate & updated info on that?
refer to my post for their number:
http://forum.lowyat.net/index.php?showtopi...&#entry26026558


now that you told us the objective of your loan, could u pls elaborate more on how u're gonna re-invest?

you do realize its most likely that u're not gonna profit if u're planning for short-term deposit(investment) using the loan that has interest on repayments?
(income:annual dividends VS cost:accumulated interest monthly payment)

though, if its to start-up a business or such, by all means, pls do go ahead. everyone needs to get their hands dirty and experience the entrepreneur stages sooner or later(hopefully not much later,and its okay if u failed the first few steps,learn from it).

This post has been edited by mooze: Jun 17 2009, 10:10 AM

Just got my loan approved. 20k from Standard chartered. 9.1% per annum on reducing balance (Islamic banking). Now can use the money to close all credit card and pay debts. I use my insurance documents to apply this loan. I thought with my current situation (self-employed, no EPF) hard to apply. But with SC, I can use insurance to apply.

well i think if i can get loan that have low interest compare to dividend, i'll straight away got the profit right?
and this is not for short term actually, for long term. The money i planned not to use now, just for investment only.

And only certain bank can provide low interest according to their T&C. If not, I want to go as low as i can for the interest, and it must flat rate.


(^____^)

I work in OCBC which bank can offer as low as 5.50% but still depends on the borrower income & the loan amount as well.
Please call me for more info,Winson at 012-3020 832

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Added on July 2, 2009, 10:08 pmp/s-I'm working in OCBC.Above rates are quite correct but there are also Fixed 5.50% p.a.,still subject to T&C
please call me for more info, Winson at 012-3020 832


This post has been edited by winsonloh: Jul 2 2009, 10:08 PM

try to check bank islam...bank islam just offer 5.1% p.a for first 3 tears

i'm working in HSBC Amanah, the personal financing rate is depend which company u r working with oso..certain company HSBC provide extra 0.5-1%... any question o wish to apply,can contact me at 012-7624526 (adi Lee)..Thanks

now hsbc is so agreesive in giving out loan and credit cards. i apply credit with them last 10 days and now i get the credit card oledi. very fast and efficient. quite high the credit limit oso...
by the way, can i use credit card to apply hsbc personal loan? wats the interest?

Not sure about that but as long as you have a credit card, then there is a high chance for your personal loan to get approved.

Yah..as long as you own a credit card..it's easy to apply personal loan. Well, i'm from OCBC, please call me or sms me (Chin 016-3335956) if you seek any advise or info.

This post has been edited by sskillercom: Aug 2 2009, 06:51 PM

No credit card , no anything bank loan also ....like me is it easy to apply loan???

Probably need a personal loan of 40k to build up a business startup adding into the 500k I got as an investment. Currently earning 9k per month. Any personal loan guys/girls?

i'm adi Lee from HSBC Amanah..012-7624526...Hope i can have a chance to provide u our service..

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Added on August 6, 2009, 11:05 amis a bit hard,but for my customers,somes can get...cos sometime the processing dept wil request for other doc to support..i'm adiLee from HSBC Amanah..012-7624526..

This post has been edited by adilee: Aug 6 2009, 11:05 AM

hi, i want to apply loan RM10K a.s.a.p
im located at bandar utama

i want to know the montly payment if paid in 2/3/4 years
please PM me your offers thanks

i think bank islam, bsn & agro bank give better rate ...... around 5.5% per annum. but now sure if application from private sector workers will get the same rate

wow so high but better then credit card %..but why dun you do balance transfer...some bank have a better % then your personal loan...

These banks only bumi can apply right?

no apply to everyone, the best rate is BSN personal loan, 1st 2 years is 3.8% flat, 3-4th year is 4.79%, max amount is RM200K, pls check the website for details

Not true.

99% of their loans cater for the government sector via salary deduction.

the only private sector which they are willing to do are GLC's.

bank rakyat recent campaign is 3.5%, but not sure about private sector and other requirement