MBSB Personal Loan

Malaysia Building Society Berhad (MBSB) formerly known as Asian Finance Bank Berhad. For more information on financial products and services offered by MBSB Bank, kindly click here

Pinjaman Peribadi MBSB Personal Financing Loan-i

Summary

  • Bank Name: MBSB Personal Loan
  • Abbreviation / Code Name: 
  • Bank Promotion Name: General info

About

Malaysia Building Society Berhad is the financial holding company of MBSB Bank Berhad, formerly known as Asian Finance Bank Berhad. For more information on financial products and services offered by MBSB Bank, kindly visit the website at www.mbsbbank.com

History in Brief

The origin of Malaysia Building Society Berhad can be traced back to the Federal and Colonial Building Society Limited incorporated in 1950. In 1956, it changed its name to Malaya Borneo Building Society Limited (MBBS), with the Malaysian government as its major shareholder. MBBS was then listed on the Stock Exchange of Malaya and Singapore in August 1963.

The company became an incorporation in Malaysia under the Companies Act 1965 on 17 March 1970, before it was listed on the Kuala Lumpur Stock Exchange, now Bursa Malaysia on 14 March 1972. The Employees Provident Fund (EPF) is currently the holding entity of MBSB.

Corporate Highlights

Has been granted with an exemption under Section 7(4) of the Borrowing Companies Act 1969 (BCA). As a result of the change from BCA to Finance Companies Act (FCA), all references to borrowing business and borrowing company were to be construed respectively as finance business and finance company. The FCA was later repealed by Banking and Financial Institutions Act 1989 (BAFIA). The BAFIA has been repealed and replaced with FSA 2013.

On 6 November 2017, entered into the Share Purchase Agreement with the shareholders of Asian Finance Bank Berhad (“AFB/Vendors”) for the proposed acquisition by MBSB of the entire equity interest in AFB for an aggregate purchase of RM644,952,807.66 to be satisfied by way of cash amounting to RM396,894,036.26 and the issuance of 225,507,974 Consideration Shares at an issue price of RM1.10 per Consideration Share (“the Acquisition”).

The Acquisition was approved by the shareholders on 23 January 2018. The shareholders also approved the transfer of Shariah Compliant Assets and Liabilities of MBSB to AFB via a Members’ Scheme of Arrangement. Pursuant to the abovesaid approval and upon completion of the transfer of shares and the payment of the balance of the purchase consideration to the Vendors, AFB became a wholly owned subsidiary of MBSB on 7 February 2018. AFB undertook a rebranding exercise on 2 April 2018 and changed its name to MBSB Bank Berhad.

Product & Services

MBSB Personal Financing-i

Learn about our Shariah compliant personal financing solutions through our host of attractive packages that best suit your financing needs.

Competitive financing rates

  • Financing amount of up to RM400,000
  • Financing tenure of up to 10 years
  • No guarantor required
  • No hidden charges
  • Fast approval
  • Applicable for public servant and private sector employees

Public Sector Mumtaz-i BR + 2.15%/p.a

  • Financing Amount Financing amount of up to RM250,000
  • No guarantor required
  • Takaful coverage is optional
  • No early settlement charges
  • Fast Approval

Afdhal-i BR + 3.35%/p.a

  • Financing Amount Financing amount of up to RM400,000
  • No guarantor required
  • Takaful coverage is optional
  • No early settlement charges
  • Fast Approval

Private Sector BR + 7.95%/p.a

  • Financing Amount Financing amount up to RM300,000
  • No guarantor required
  • Takaful coverage is optional
  • No early settlement charges
  • Fast Approval

Repayment Table

Repayment Table​ For Government Sector (Mumtaz-i)

Profit Rate (p.a.) as low as BR + 2.15% p.a.

Mumtaz-i PF-i
Tenures2345678910
RM50,0002,1901,4951,154946808710636579533
RM55,0002,4081,6441,2701,041889780699637587
RM60,0002,6271,7931,3851,136970851763694640
RM65,0002,8461,9431,5001,2301,050922826752693
RM70,0003,0652,0921,6161,3251,131993890810746
RM75,0003,2842,2421,7311,4191,2121,064954868800
RM80,0003,5032,3911,8461,5141,2931,1351,017926853
RM90,0003,9412,6902,0771,7031,4541,2771,1441,041959
RM100,0004,3792,9892,3081,8921,6161,4191,2711,1571,066
RM150,0006,5684,4833,4622,8382,4232,1281,9071,7351,599
RM200,0008,7575,9974,6153,7843,2312,8372,5422,3142,132
RM250,00010,9467,4715,7694,7304,0383,5463,1772,8922,664

4.80% p.a (Effective Rate) / 2.52% p.a (Flat Rate equivalent for 3 years)

Repayment Table​ For Government Sector (Afdhal-i)

Profit Rate (p.a.) as low as BR + 3.35% p.a.

Afdhal-i PF-i
Tenures2345678910
RM50,0002,2171,5221,182974836738665608563
RM55,0002,4381,6741,3001,071920812731669619
RM60,0002,6601,8261,4181,1691,003886798730676
RM65,0002,8811,9781,5361,2661,087959864791732
RM70,0003,1032,1301,6541,3641,1711,033931851788
RM75,0003,3252,2821,7721,4611,2541,107997912844
RM80,0003,5462,4341,8901,5581,3381,1811,064973901
RM90,0003,9892,7382,1271,7531,5051,3281,1961,0941,013
RM100,0004,4333,0432,3631,9481,6721,4761,3291,2161,126
RM150,0006,6494,5643,5442,9212,5082,2131,9941,8241,688
RM200,0008,8656,0854,7253,8953,3432,9512,6582,4312,251
RM250,00011,0817,6065,9064,8694,1793,6893,3223,0392,814

6.00% p.a (Effective Rate) / 3.17% p.a (Flat Rate equivalent for 3 years)

Repayment Table​ For Private Sector-i

Profit Rate (p.a.) as low as BR + 7.95% p.a.

Private Sector PF-i
Tenures2345678910
RM50,0002,3221,6281,2901,085950854783729686
RM55,0002,5541,7911,4191,1941,045939861802755
RM60,0002,7861,9531,5481,3021,1391,025940875824
RM65,0003,0182,1161,6771,4111,2341,1101,018948892
RM70,0003,2502,2791,8061,5191,3291,1951,0961,020961
RM80,0003,7142,6042,0641,7361,5191,3661,2531,1661,098
RM90,0004,1792,9302,3221,9531,7091,5371,4091,3121,235
RM100,0004,6433,2552,5802,1701,8991,7071,5661,4581,372
RM150,0006,9644,8833,8703,2542,8482,5612,3492,1862,058
RM200,0009,2856,5105,1604,3393,7973,4143,1312,9152,744
RM250,00011,6068,1386,4505,4244,7464,2683,9143,6433,430
RM300,00013,9279,7657,7406,5085,6955,1214,6974,3724,116

10.60% p.a (Effective Rate) / 5.73% p.a (Flat Rate equivalent for 3 years)

 

*Source: mbsbbank.com

Contact MBSB Bank

  • Telephone: 03-2096 3000
  • Fax: 03-2096 3292
  • Wisma MBSB
    48, Jalan Dungun,
    Damansara Heights,
    50490 Kuala Lumpur

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