This promotion is called Murabahah Cashline-iKuwait Finance House KFH Personal Loan

Top key features and benefits

• Flexible:Withdrawal
• No Minimum: Monthly Payment
• Competitive: Pricing
• Shariah Concept: “Murabahah Tawarruq”
• High: Margin of Advance

Get instant cash without touching your existing deposits or investments! Whether it’s for urgent payments, education expenses, business or other commitments, we will provide you the extra flexibility and peace of mind to manage these common cash-flow needs with our Personal Loan Kuwait Finance House KFH Cashline-i.

Account Benefit

1. Flexible cash withdrawal anytime via cheque, Debit Card, ATM or at any of our branches.
2. No minimum monthly payment. You will only pay profit charges on the money you use. Only settle the full amount within the agreed time frame.Profit rate is based on utilised amount only.
3. No charges imposed on the unutilized portion. Competitive pricing. High margin of advance. No guarantor needed.

Fee

1. Brokerage Fee: Proportionate as per the financing amount. Stamp Duty: 0.5% of the financing amount. Takaful: As per customer’s profile (age, gender, tenure, etc).

Eligibility

1. Individuals aged 21 years old or up to 2 years before retirement age (60 years old).
2. Malaysian resident.
3. Owns any permissible assets which are acceptable to KFH Malaysia and free from any encumbrances.
4. For personal use or short term working capital.
5. Minimum tenure of 2 years and up to 5 years, subject to annual review.
6. Minimum of RM5,000 financing amount and a maximum of RM250,000.

Profit Rates

Base Rate plus margin subject to Contracted Ceiling Rate. Customer will be charged daily, based on the utilised amount calculated at Profit Rate and realised on a monthly basis.

Required Documents

Salaried earners:

1. Latest 3 months payslip.
2. Latest EPF Statement (must show latest 3 months contribution).
3. Other documents on case to case basis.

Own Business:

1. Latest B/e-Tax form with tax payment receipts, or EPF statements (must show at least 6 months contribution) or a copy of latest Audited Financial Statements.
2. Business Registration Form.
3. Additional documents such as latest 6 months Company bank statement; or Proprietor bank statement and latest 3 months Personal bank statement.
4. Other documents on case to case basis.