Personal Financing-i X-Change X-TRA Campaign
Raya X-TRA Bergaya
Experience the exclusive Raya X-TRA Bergaya with MBSB Bank’s Personal Financing-i X-Change X-TRA Campaign. Running from 1st March 2024 to 28th February 2025, this campaign offers exceptional financial benefits tailored to meet your needs.
Enjoy high loan amounts, competitive interest rates, flexible repayment terms, and a quick approval process. Designed to help you achieve your financial goals effortlessly, the Raya X-TRA Bergaya campaign ensures you have the support and resources necessary for all your financial endeavors.
Apply now and take advantage of the best financial solutions available with MBSB Bank.
Key Benefits
Explore the Unique Benefits
Financing up to RM400,000
Secure substantial loan amounts up to RM400,000, providing you the flexibility to manage large expenses or investments with ease. It’s an opportunity to access significant funds tailored to your needs.
Competitive Interest Rates
Enjoy lower interest rates starting from SBR + 2.6% p.a., significantly reducing your overall borrowing costs. This competitive rate makes repayments more manageable and is designed to save you money over the loan term.
Flexible Repayment Terms
Choose repayment plans that suit your financial situation, with the added benefit of deferring payments for the first 3 months. This flexibility allows you to start repaying your loan when it’s most convenient for you, easing your financial burden.
Fast Approval Process
Benefit from a fast approval process, with decisions made within 60 minutes upon complete submission of your application. This ensures you get the funds you need quickly, making it an incredibly efficient option when time is of the essence.
Quick Disbursement
Experience rapid disbursement of funds, with money released within 7 working days. This swift process allows you to move forward with your financial plans without unnecessary delays, making the entire experience seamless and efficient.
No Security Deposit Required
Enjoy the advantage of obtaining your loan without the need for a security deposit. This feature reduces the upfront costs and makes the loan more accessible, offering you financial relief without additional financial burdens.
Loan Application Process
Quick and Easy Loan Application Process
01
- Documents Required: Submit a copy of your IC (Identification Card) and the latest 1-month payslip.
- Initial Review: Our team will calculate the loan amount you are entitled to based on the provided documents.
02
- Timeline: Within 30 to 60 minutes, we will review your documents and get back to you with preliminary approval if you are eligible for financing.
- Processing: This involves scanning the QR code for MBSB Bank and directly sending your IC and payslip to the MBSB system.
03
- Approval Notification: If your loan is approved, we will update you on the possible loan amount.
- Rejection Notification: If your loan is not approved, we will inform you of the reasons for rejection and provide guidance on possible next steps.
04
- Agreement Signing: Once approved, you can arrange to sign the loan agreement.
- Disbursement: The loan amount will be disbursed within 7 working days after the agreement is signed.
Eligibility Criteria
Government Employees
Minimum Salary:
- RM3,000 and above
Age Limit:
- Maximum 60 years old
Credit Requirements:
- CCRIS must be clear (No SAA, No Legal, No MA more than 1 month, No AKPK, No Restructure)
Maximum Loan Amount:
- Up to RM400,000
Debt Service Ratio (DSR):
- Salary below RM5,000: 60%
- Salary RM5,000 and above: 85%
Documents Required:
- IC Copy
- Last 3 months’ payslips
- Confirmation Letter (HRMIS)
Private Sector Employees
Minimum Salary:
- RM5,000 and above
Age Limit:
- Maximum 60 years old
Credit Requirements:
- CCRIS must be clear (No SAA, No Legal, No MA more than 1 month, No AKPK, No Restructure)
Maximum Loan Amount:
- Up to RM400,000
Debt Service Ratio (DSR):
- Salary up to RM10,000: 60%
- Salary RM10,000 and above: 80% (Eligibility up to 10x salary)
- Salary RM15,000 and above: 85% (Eligibility up to 15x salary)
Eligibility:
- Only employees of companies and subsidiaries listed under the MBSB panel
Exclusions:
- Malaysians working in Singapore (SG) and business owners (self-employed) are not accepted
Documents Required:
- IC Copy
- Last 3 months’ payslips (chopped by boss/HR)
- Confirmation Letter
- EPF Statement
- EA Form
- Salary bank statements for the last 3 months
Customers with NIL Commitments:
- Must have at least 3 years of working experience under PLC & Subsidiaries.
- MBSB can purchase/retrieve CTOS report on behalf of the customer
Financial Requirements:
- Net Disbursement Income (NDI) must be not less than RM1,300
Ready to Apply?
Get Started with Your Application
Don’t miss out on the exclusive benefits of the Raya X-TRA Bergaya campaign. Fill out the contact form below to begin your application process. Our team will guide you every step of the way, ensuring a smooth and efficient experience.
Application Form
Information
Compare and Choose the Best Personal Loan Options
Bank/Licensed Lender | Interest/Profit Rate | Minimum Monthly Income | Loan/Financing Amount | Loan/Financing Period | Can Government/GLC Apply? |
---|---|---|---|---|---|
Alliance Bank | 4.99% - 16.68% p.a. | RM3,000 | RM5,000 - RM300,000 | 1 - 7 years | Yes |
RHB | 8.59% - 13.76% p.a. | RM2,000 | RM2,000 - RM150,000 | 1 - 7 years | No |
Al Rajhi Bank | 5.42% - 14.19% p.a. | RM5,000 | RM10,000 - RM250,000 | 1 - 8 years | Yes |
CIMB | 4.38% - 19.88% p.a. | RM2,000 | RM2,000 - RM100,000 | 2 - 5 years | No |
First N Ever | 12.00% - 18.00% p.a. | RM4,000 | RM5,000 - RM300,000 | 6 months - 3 years | Yes |
AEON Credit | 7.92% - 18.00% p.a. | RM1,500 | RM1,000 - RM100,000 | 6 months - 7 years | Yes |
Standard Chartered | 7.80% p.a. | RM5,000 | RM3,000 - RM200,000 | 1 - 5 years | Yes |
Adacash | 18.00% p.a. | RM1,000 | RM500 - RM1,000 | 1 month - 3 months | Yes |
Tambadana | 18.00% p.a. | RM1,500 | RM1,000 - RM10,000 | 1 month - 1 year | Yes |
Evo Credit | 12.00% - 18.00% p.a. | RM3,500 | RM5,000 - RM400,000 | 2 months - 5 years | Yes |
BSN | 6.00% - 8.50% p.a. | RM3,000 | RM5,000 - RM400,000 | 2 - 10 years | Yes |
Maybank | 6.50% - 8.00% p.a. | RM3,500 | RM5,000 - RM100,000 | 2 - 6 years | Yes |
Hong Leong Islamic Bank | 9.00% - 12.50% p.a. | RM2,000 | RM5,000 - RM150,000 | 2 - 5 years | No |
JCL | 18.00% - 20.00% p.a. | RM1,000 | RM1,000 - RM50,000 | 6 months - 5 years | Yes |
Bank Islam | 4.50% - 7.50% p.a. | RM4,000 | RM10,000 - RM300,000 | 1 - 10 years | No |
MBSB Bank | 6.29% - 11.90% p.a. | RM5,000 | RM50,000 - RM300,000 | 3 - 10 years | Yes |
HSBC Amanah | 4.88% - 10.50% p.a. | RM3,000 | RM6,000 - RM250,000 | 2 - 7 years | No |
AmBank | 8.00% - 11.99% p.a. | RM3,000 | RM2,000 - RM150,000 | 1 - 5 years | Yes |
Bank Rakyat | 7.66% - 10.22% p.a. | RM2,000 | RM5,000 - RM400,000 | 1 - 10 years | No |
UOB | 9.99% - 11.99% p.a. | RM3,000 | RM5,000 - RM100,000 | 1 - 5 years | Yes |
instaDuit | 18.00% p.a. | RM1,500 | RM1,000 - RM10,000 | 1 - 4 years | Yes |