Alliance Islamic Bank CashVantage Personal Financing-i

Alliance Islamic Bank CashVantage Personal Financing-i

Key Features

  • Fixed profit rate starting at 4.99% per annum (subject to bank’s approving criteria)
  • Approved financing amount of up to RM200,000
  • Consolidate Credit Card and/or Personal Loan commitments into ONE single monthly repayment

Other Features

  • Approval Duration: Up to 24 hours
  • Min. Financing Amount: RM 5,000
  • Max. Financing Amount: RM 200,000
  • Maximum Financing Tenure: 7 years
  • Debt Consolidation: Yes

Eligibility

  • Employment Eligibility: Salaried, self employed, commission earner
  • Age Requirement: 21-60 years old
  • Min. Monthly Salary: RM 3,000
  • Other Details: Must have existing credit commitment for at least 12 months. Must have at least one credit card for at least 6 months.
  • Application Form: Alliance CashVantage
  • NRIC: Front & back
  • Income Documents: 3 months payslip and 13 months EPF statement.

Fees and Charges

  • Processing Fees: Free
  • Stamp Duty: 0.5% of loan amount
  • Late Payment Charges: 1% p.a. on outstanding financing amount
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