Personal Cash Line-i

Personal Cash Line-i against Bank Islam’s Fixed Deposits, Structured Investment, Unit Trust and Salary Account

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Benefits & Features

Financing Quantum

  • Subject to a minimum of RM5,000 (Salary Account)
  • Subject to a minimum of RM10,000 (Fixed Deposits, Structured Investment or Unit Trust)

Margin of Financing

  • Up to 100% if secured against fixed deposit
  • Up to 80% if secured against structured investment
  • Up to 60% if secured against unit trust
  • Up to 1:1 with amount of salary credited to Bank Islam and up to maximum of RM50,000.00

Financing Period

Secured against fixed deposit, structured investment or unit trust

  • Maximum of 5 years (60 months) with no age limit

Financing Rate Offer

Secured against fixed deposit, structured investment or unit trust

Floating Rate (Standardised Base Rate [SBR])

  • Profit Rate: SBR + 3.72%

Note : SBR (effective 05 May 2023) is 3.00% p.a


Salary Account

Floating Rate (Standardised Base Rate [SBR])

  • Profit rate – SBR + 3.72%

Note : SBR (effective 05 May 2023) is 3.00% p.a

 

Eligibility & Requirements

Eligibility

Secured against fixed deposit, structured investment or unit trust

  • Applicant must be 18 years and above
  • Malaysian citizen
  • Earning a minimum fixed income of RM1,500.00 per month
  • Salary earner or sole proprietorship/partnership

Documents Required

Secured against fixed deposit, structured investment or unit trust

Salary Earner

  • A copy of NRIC
  • Latest salary slip
  • Latest 3 months bank statements of salary credited account

Sole Proprietor/Partnership

  • A copy of NRIC
  • Business registration
  • Last 6 months current account statements

Payment Method

  • Standing instruction from current account linked to the Personal Cash Line-i

Benefits

  • Competitive rate
  • No commitment fee
  • No hidden charges
  • No guarantor is required
  • No processing fee
  • Flexible financing tenure
  • Selling price – fixed and known
  • Fast approval
 

Fees & Charges

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Terms & Conditions and Product Disclosure Sheet

Click here to download Terms & Conditions effective on 25th February 2021

Click here to download Terms & Conditions effective on 7th October 2024

Click here to download Product Disclosure Sheet effective on 1st August 2022

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