Bank Islam Personal Financing-i

Bank Islam offers the best personal loan financing up to RM300,000 with Takaful coverage. Choose between flat rate or floating rate, and enjoy the benefit of no guarantor required. Apply now and secure your financial future with ease!

Personal Financing-i Programme for Medical Practitioners

If you’re a medical professional looking for a personal loan that fits your specific needs, Bank Islam’s Personal Financing-i Programme for Medical Practitioners is a great option. This program is designed to offer flexible loan amounts, competitive rates, and easy repayment terms.

Loan Amount and Repayment Period

• Loan Amount: You can borrow from a minimum of RM10,000 to a maximum of RM300,000 depending on your eligibility.
• Repayment Period: Choose a repayment period that works for you—1 to 10 years (up to 120 months), or until you reach retirement age, whichever comes first.

Financing Rates with Takaful Coverage

Bank Islam offers two types of financing rates under this programme, with the option to include Takaful coverage for added security.

Flat Rate:

• 1-10 years: 4.99% per annum (calculated monthly using the “Sum of Digit” method).

Floating Rate (Base Rate [BR]):

• 1-3 years: Base Rate (BR) + 1.90% per annum (calculated daily using the “Monthly Rest” method).
• 4-10 years: Base Rate (BR) + 2.00% per annum (calculated daily using the “Monthly Rest” method).
• Updated Base Rate (since May 12, 2020): 2.77% per annum.

Financing Rates Without Takaful Coverage

If you prefer not to include Takaful coverage, here’s the alternative rate option:

Flat Rate:

• 1-10 years: 5.99% per annum (calculated monthly using the “Sum of Digit” method).

Floating Rate (Base Rate [BR]):

• 1-3 years: Base Rate (BR) + 3.38% per annum (calculated daily using the “Monthly Rest” method).
• 4-10 years: Base Rate (BR) + 5.28% per annum (calculated daily using the “Monthly Rest” method).
• Updated Base Rate (since May 12, 2020): 2.77% per annum.

Bank Islam Personal Financing-i Non-Package

If you’re looking for more flexibility, Bank Islam’s Personal Financing-i Non-Package is an excellent choice. This option offers loans up to RM150,000 with straightforward terms.

Loan Amount

• Minimum: RM10,000
• Maximum: RM150,000

For loans over RM30,000, you will need a guarantor.

Repayment Period

• Maximum: 120 months (10 years), or until retirement age, whichever is earlier.

Financing Rates with Takaful Coverage

Flat Rate:

• 1-3 years: 6.0% per annum
• 4-8 years: 6.8% per annum
• 9-10 years: 7.0% per annum

Financing Rates Without Takaful Coverage

Flat Rate:

• 1-3 years: 7.0% per annum
• 4-8 years: 7.8% per annum
• 9-10 years: 8.0% per annum

Advance Payment

• The advance payment required is equivalent to 2 months’ installment.

Personal Financing Takaful Plan

The Personal Financing Takaful Plan is optional but can provide added security for your loan.

Benefits of the Takaful Plan:

• No hidden charges: Everything is clear and upfront.
• Fixed selling price: Know the total amount you’ll pay from the start.
• Fast approval: Get your loan processed quickly.
• Competitive rates: Enjoy attractive financing terms.

Bank Islam-i Package

The Bank Islam-i Package is another excellent option for those looking for loans with Takaful coverage.

Loan Amount

• Minimum: RM10,000
• Maximum: RM300,000

Repayment Period

• Maximum Term: 120 months (10 years) or until retirement age.

Financing Rates with Takaful Coverage

Floating Rate (Base Rate [BR]):

• 1-3 years: Base Rate (BR) + 1.90% per annum (calculated daily using the “Monthly Rest” method).
• 4-10 years: Base Rate (BR) + 2.00% per annum (calculated daily using the “Monthly Rest” method).
• Updated Base Rate (since May 12, 2020): 2.77% per annum.

Financing Rates Without Takaful Coverage

Floating Rate (Base Rate [BR]):

• 1-3 years: Base Rate (BR) + 3.38% per annum (calculated daily using the “Monthly Rest” method).
• 4-10 years: Base Rate (BR) + 5.28% per annum (calculated daily using the “Monthly Rest” method).
• Updated Base Rate (since May 12, 2020): 2.77% per annum.

Bank Islam Personal Loan Package

Financing Rate with Takaful Coverage

• Flat Rate: 1-10 years: 4.99% per annum (calculated monthly using the “Sum of Digit” method).

Financing Rates Without Takaful Coverage

• Flat Rate: 1-10 years: 5.99% per annum (calculated monthly using the “Sum of Digit” method).

Advance Payment

• The advance payment is equivalent to 2 months’ installment.

Takaful Coverage

• Optional: You can opt for Takaful coverage for extra protection.

Contact Bank Islam Malaysia Berhad

For more details about the Personal Financing-i Programme for Medical Practitioners or to explore available loan options, contact Bank Islam:

Bank Islam Malaysia Berhad
Level 32, Menara Bank Islam
No. 22, Jalan Perak
50450 Kuala Lumpur

• General Line: +603 2088 8000
• Contact Centre: +603 26 900 900
• Email: contactcenter@bankislam.com.my

Feel free to get in touch to discuss your loan options and find the perfect plan for your financial needs!

Monthly Installment Payment

Personal Financing-i Bank Islam Repayment Table