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Pinjaman Peribadi Citibank

2000px-Citibank.svgCitibank Personal Loan

Citibank is not a new name in the world as far as banking is concerned. Citibank definitely has a huge name for itself globally as it caters its financial services to more or less 200 million clients all around the world. Citibank currently operates in more than 160 countries and just to add on, this bank has also won numerous prestigious awards for its very unique services which is provided for not only local but also for global levels as well. The personal loan which is offered by Citibank is very straightforward without any processing fees and it comes with a standard flat interest rate too. What makes this even better is the fact that the approval to get this loan is lightning fast.

Do you qualify for a Citibank personal loan?

To qualify for the personal loan, you would have to meet the age requirement that has been set by Citibank whereby you need to be at least 21 years old and above and you also cannot be more than 60 years of age. An important criteria for you is that you have to be employed or self-employed with a minimum monthly salary of at least RM 4,000.

Just how much can you really borrow?

Citibank actually offers a much higher amount for personal loans if you were to compare it to what other local banks are offering.  You are able to borrow anything between RM 5,000 and RM 150,000 depending on how much you need. Based on the outcome of your credit check, another privilege which you are entitled to is, you can qualify for a loan of up to 8x your monthly salary. However, please take not that you are only entitled for this if you have a minimum monthly earning of RM 5,000 or an annual earning of RM 60,000.

How do I improve my chances on a personal loan with Citibank?

Here are a couple of ways which you can use to increase your chances on getting that personal loan which you wanted from Citibank. The first thing you need to do is to pay off all your credit card bills. Clear any outstanding debt which you may have. The next thing that would reduce your burden and make it easier for you to qualify would be to choose a longer tenure which could be a 5 year tenure. This will reduce your monthly re-payment to the bank and increase your chances on qualifying for this personal loan.

Interest Rates

Let’s move on to the best thing about the personal loan that is offered by Citibank. Nowadays, you would be considered lucky if you were to get a loan with an interest rate of 9% but with the Citibank personal loan, you are only charged on an interest rate of 7.5% which is not something you would get from any bank around unless you applying for a loan as a civil servant. Keep in mind that you don’t have to go running around for and neither would you have to pledge a collateral for Citibank’s personal loan.

The Overview

If you were to take a close and understand what is being offered here, you would not have to worry whether it’s a medical emergency, a beautiful home library you intend to build or even simply the need for sudden cash flow, Citibank offers you one of the best personal loans with interest rates which are as low as what civil servants are offered, you can be assures that this is the loan which you have been looking for. Forget all about additional charges for your processing fee as is isn’t any and just sit back and enjoy the lightning fast disbursement which allows you to receive the money whenever you need it.

CCRIS For Dummies


What is CCRIS ?

Credit worthiness of a customer can now be evaluated by banks by one of the tools which is referred to as the CCRIS report which is acquired and maintained by Bank Negara Malaysia. CCRIS has indeed become a very crucial tool used for the decision-making for banks for customer’s applications ever since the beginning of August 2001. One of the main benefits of this report is that it provides for real-time and on-line functions for all banks to query any computerised customer credit reports thus allowing them to provide essential credit information about a customer to Bank Negara Malaysia.

Important information that CCRIS provides the banks with:

  • It provides information of all existing personal credit facilities of a customer, for instance, the type of facility, and also ownership of the credit facilities
  • Information of an individual’s total financial commitment, and that includes the balance outstanding along with the total limit for each of the credit facilities
  • Get to view the credit facility for over the past 12 months and this includes legal status as well
  • Some additional information which may be obtained would be  the Date of Information Update, Frequency of Payment with the Type of Collateral involved

By reading all of the above, you are probably worried already that your credit information could and even might be abused but do take note that your information is confidential and it can only be accessed by those who are given authority in the banks and this information is kept away from public viewing at all times. You therefore need not have to worry about your information being spread to others. Details in your credit report as stated below.

  • Information can only be obtained by a particular bank only if  you make a formal credit application
  • Other banks will not be able to view your details at any one time
  • Your deposit and investment accounts will not be displayed
  • Financial institution of which you borrowed from will not be displayed
  • The credit facility enjoyed by yourself will not be displayed
  • The conduct of facilities for only a one year period is shown and nothing more is revealed

So, what type of information is actually obtained when a bank extracts a CCRIS report?

  • Summarized Credit Report – Conduct of account on the customer and details on the total credit exposure
  • Detailed Credit Report – New credit applications are displayed and also the details on specific outstanding credit facilities
  • Motor Vehicle Report – Information of motor vehicles which are used as a guarantee for credit facilities
  • Customer Supplementary Information Report – Details of customer information such as the address, telephone number, employees name and occupation of that customer which dates back over a 3 year period.

Note that if you would ever want to get your hands on the credit report directly from Bank Negara Malaysia, only a Summarized Credit Report can be obtained. This will be a simple report which will list down all outstanding loans which is under the borrowers name and this includes joint borrowings, sole proprietorships even partnership borrowings as well as those from other associations.

Despite what most people would think, this is not a blacklist system as what most people around have perceived it to be. In actual fact, this is one of the methods used by financial institutions to help them gather the necessary information and view the credit histories of potential or current borrowers.

Do keep in mind however that CCRIS is only used as a tool by the banks for making certain decisions when it comes to approving loans of applicants with hopes that it might help the banks reduce any potential risks that they may face is the future if they intend to make any approvals for their customer’s applications.

However, you should also know that most of the successful loans do not rely solely based on CCRIS records alone. Many other factors come into play when determining the viability of a loan to a customer.  If you take a housing loan for example, one thing that is taken into consideration is the value of the property and also your capability to service the monthly repayments but if you are looking for unsecured loans, then yes, CCRIS is crucial.

A few tips for those with a bad record

If you’re already having a bad credit record, don’t worry too much about as there’s always a way to raising your credit score and it’s not as complicated as what it seems but it will take discipline and hard work.

  1. When you have your credit report in your hands, be sure to check it regularly as there might be some errors stating that your payments were made late although they were made on time.
  2. Always pay your bills on time. Failing to make payments on time will affect your credit score.
  3. Learn to spend wisely and pay off any outstanding credit card debt. Having a high debt on your card is another way of pulling your score down.

These are basically some good habits which we all should have regarding money right from the very beginning but if you already have a bad record now, it’s not too late to make things right again. Although you might be feeling a little bit down or upset, you will be able to rise back up to where you were once again.

Pinjaman Peribadi BSN

Bank Simpanan Nasional Personal Financing

To apply for financing customers must be:

  • A Malaysian citizen
  • Aged 21 to 55 / 60* years old at the end of the loan tenure
  • Open to permanent & contract officers and staff that have minimum three (3) years of working experience
  • Offered only to Employees of Premier Developer Panel, Private Hospital, Telecommunication Company, Licensed Financial Institution, Multinational Company, PETRONAS Group of Companies, Selected Private University & College, Statutory Body, Government Link Company, Selected Public Listed Company in Main Market Bursa Malaysia (Financial, Plantation,Property, Technology, Trading / Service, Industrial Product, Consumer Sectors only) and Professionals (Doctor, Architect, Lawyer, Accountant and other certified Professionals)
  • Minimum gross income of RM3,000 per month (permanent staff) & RM10,000 per month (contract staff)
  • BSN GIRO / GIRO-i Account holders

Documents required for application:

  • Copy of latest three (3) months Salary Slips
  • Copy of your NRIC (both sides)
  • Latest EPF Statement
  • Confirmation Letter by Employer stating the below:
    • Name and NRIC
    • Designation and Employment Status
    • Monthly salary
    • Date of Employment


  • Latest EA / EC Statement and latest e-filing form or any verified documents by the Inland Revenue Board (LHDN

BSN Loan approval is based on the subject to the current terms & conditions and employer confirmation.

Types of Personal Loans:

BSN offers a variety of financing options for customer to choose from in order to get the funds customers. BSN personal loans are affordable and flexible.

  • SandaranSijilSimpananTetap (STT)
  • Executive-1
  • SCOP (Klasik)
  • SCOP (Eksklusif)
  • SCOP (Super Klasik B)
  • BPA (Klasik)
  • BPA (Super Klasik B)
  • SKAP (Klasik)
  • SKAP (Eksklusif)
  • SKAP (Super Klasik B)
  • SKAN (Klasik)
  • SKAN (Super Klasik B)

Standard BSN loan package “Executive-1” which is exclusive personal loan package catered especially for executives

Repayment mode of payment via:

1. Standing Instruction from other Financial Institutions where the customer salary account is credited.

2. BSN Standing Instruction


4. IBG

Financing Duration is normally between two (2) and ten (10) years depending on the loan amount and agreed terms.

Background of BSN

BSN was incorporated on 1 December 1974 under the Ministry of Finance at that time, Tengku Razaleigh Hamzah.

BSN’s mission is to encourage savings, investments and smart financial management among Malaysians to increase their quality of life. BSN has more than 5,100 employees, 382 branches and 621 automatic teller machine (ATM) nationwide. BSN has more than 7 million customers spread throughout the length and breadth of the country and with savings of more than RM 8 billion.


Pinjaman Peribadi Bank Rakyat

Bank Rakyat Personal Financing

Document required for financing application

  • New Application

1. Copy of Identity Card / Authority Card (Police / Army)

2. Latest 3 months’ salary slip

3. Latest employer’s confirmation letter

4. Latest three (3) months Bank Statements of salary crediting account

  • Repeated/Overlap Applicationl

1. Copy of Identity Card

2. Latest 3 months’ salary slip


Personal Financing-iAslah for Civil Servant (RakanPintar)

Specialty of Personal Financing-iAslah for Civil Servant (RakanPintar) is a unique product that is designed specifically for public servants in which it offers a lower profit rate with the following benefits:

  • Special ATM Card (RakanPintar)
  • RM0.50 cash back on transaction charges for MEPS and Tabung Haji at ATM

Features of Personal Financing-iAslah

  • Amount of financing up to RM200,000
  • Financing tenure up to 10 years
  • Financing margin up to 35 times your monthly gross salary
  • No guarantor
  • Takaful coverage are optional
  • No advance payment

Personal Financing-iAslah for Private

  • Amount of financing up to RM150,000
  • Financing tenure up to 10 years
  • Financing margin up to 10 times your monthly gross salary (Salary RM2,000 – RM3,000) and 15 times your monthly gross salary (Salary RM3,001 and above)
  • No guarantor
  • Takaful coverage are optional
  • No advance payment

Negotiation rate offered to employees of companies or cooperatives with certain conditions stated by Bank

Eligibilityfor Personal Financing-iAslah

  • Malaysian citizen
  • Minimum age of 18 years and maximum 60 years old at the end of the financing tenure
  • Minimum fixed monthly income of RM1,000 including fixed allowances
  • Public sector employee
  • Have been confirm in current service

Payment Methodfor Personal Financing-iAslah

  • Saving/Current Account Deduction (Salary transfer to Bank Rakyat)
  • Documents Required

History of Bank Rakyat

Bank Rakyat is an Islamic cooperative bank which was established on 28 September 1954 under the Cooperative Ordinance of 1948, following the growth of the cooperative movement in Peninsular Malaysia. Previously known as Bank Agong or Apex Bank, this financial institution was the result of a merger with 11 union banks. It was then established as a primary channel to collect funds, and distribute financing to cooperatives. Renamed Bank Kerjasama Malaysia Berhad in 1967, the Bank has since extended its membership to individuals as well.

Bank Rakyat offer many financial services including Personal Financing, if you are looking for personal financing here is some financial packages you can consider.Currently for personal loans Bank Rakyat offer Personal Financing-iAslah for Civil Servant (RakanPintar) & Private.

Personal Financing-i Civil Servant (Rakan Pintar)





Pinjaman Peribadi CIMB

CIMB Financing

CIMB Group is the largest Asia Pacific based investment bank and one of the world’s largest Islamic banks.

Benefits of using CIMB Personal Financing:

  • Withdraw additional funds conveniently from your current account without liquidating investment products
  • Service the monthly interest and settle the principal as and when you wish
  • Interest is calculated on a daily rest basis, meaning the more you pay up on your principal, the lower the interest charges
  • A hassle free personal loan to fulfill your dream. No Collaterals, no guarantor and flexible repayment tenure up to 5 years


  • 24 hour approval and fast disbursement
  • No security deposit
  • No guarantor needed for financing RM5,000 and below
  • Takaful / Insurance coverage
  • Minimum financing amount of RM3,000 up to 50,000
  • Long payment up to 5 years
  • Make your monthly installment payments through automatic payments via standing instruction


  • Single name application
  • Age 21-60 years old
  • Minimum monthly income of RM800 gross
  • Employment / business for more than 6 months
  • Malaysian citizen or Permanent Resident

Salaried Applicant:

  • Mykad (both side)
  • Latest 3 months salary slip
  • EA form / EPF statement / Letter from employer


  • Mykad (both side)
  • Business Registration Certificate (Form D or Form 9,24,49 and M&A)
  • Last 3 months bank statement / BE form with income tax reciept / other supporting documents

Xpress Cash Financing-i

Is one of the fastest and the most flexible financing up to 5 times your gross income for financing.

Pembiayaan Peribadi SektorAwam-i

Special financing package tailored only for government servant and government link companies.

Profit rate:

  • Effective 1 Dec 2013, the revised rates are as below:
  • 5.55% p.a flat rate (applies to income earner of RM1,500-2,999.99)
  • 5.25% p.a flat rate (applies to income earner of RM3,000 and above)
    • Minimum financing amount of RM1,000 up to RM200,000
    • Financing tenure up to 10 years
    • Installment payments via salary deductions through Biro Angkasa

Individual applicant only aged between 18 and 59 years upon application (Subject to retirement age at 60 years).

CIMB Islamic Ar-Rahnu

Financing based on Shariahprinciples which are fast, easy and less risky. The following items are required for CIMB Islamic Ar-Rahnu application:

  • Photocopy of My Kad/Passport
  • CIMB Islamic/CIMB Current Account/Current Account-i or Saving Account/Saving Account-i
  • Purchasing receipt of Gold Jewellery (best effort basis)
  • Aged between 21 to 70 years old

Please take note than Custodian Fee RM0.65 for every RM100 Gold value per month & Stamp Duty of RM 10 Stamping fee.