QUOTE(munchinks @ Apr 12 2010, 02:10 PM)
Just went to a few banks to enquire on the rates for personal loan during office lunch time just now. Hope I remember it all :
RHB : At least 11.74% per annum. You may borrow up to 5 times your gross salary without a guarantor. They have 2 tiers, and from what I understand, the shorter your loan tenure, the lower the interest rates. But the lowest you can go is 11.74%. You may get 3.xx% if your loan amount is more than RM100k.
BSN : 3.5% I think, and if you are a working for a private company, your salary must be at least RM6000 per month
Hong Leong : 1% per month, 12% per annum. If you pay promptly for 7 months, you will get 20% cash back.
MBB : Didn't ask
Public bank : Only for civil servants. Didn't ask about the rate
CIMB : 8.88% per annum
Bank Rakyat : 3.25%. Only for civil servants or if your company is in their list of panel companies.
Bank Islam : Tenure for 1-3 years : 6.0%, 4-8yrs : 6.8%, 9-10 yrs : 7.0%
Hope this helps!
about bank Islam.. if you application is after 3 weeks with no news.. do call/visit their branch to follow on your status.. sometime they didnt update you about your loan status application (mostly if it rejected)RHB : At least 11.74% per annum. You may borrow up to 5 times your gross salary without a guarantor. They have 2 tiers, and from what I understand, the shorter your loan tenure, the lower the interest rates. But the lowest you can go is 11.74%. You may get 3.xx% if your loan amount is more than RM100k.
BSN : 3.5% I think, and if you are a working for a private company, your salary must be at least RM6000 per month
Hong Leong : 1% per month, 12% per annum. If you pay promptly for 7 months, you will get 20% cash back.
MBB : Didn't ask
Public bank : Only for civil servants. Didn't ask about the rate
CIMB : 8.88% per annum
Bank Rakyat : 3.25%. Only for civil servants or if your company is in their list of panel companies.
Bank Islam : Tenure for 1-3 years : 6.0%, 4-8yrs : 6.8%, 9-10 yrs : 7.0%
Hope this helps!
This post has been edited by turnmoil: Aug 30 2010, 09:53 AM
Aug 30 2010, 09:46 AM

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