AmBank Islamic AmMoneyLine Facility-i

AmBank Islamic AmMoneyLine Facility-i

Key Features

  • Approved financing amount of up to RM100,000
  • Fixed profit rate starting at 8.00% per annum
  • Takaful protection included

Other Features

  • Approval Duration: Up to 2 business days
  • Min. Financing Amount: RM 2,000
  • Max. Financing Amount: RM 100,000
  • Min Financing Tenure: 1 year
  • Max Financing Tenure: 5 years
  • Profit Rate: Flat rate of 8.00% – 11.99% per annum; subject to credit review by AmBank Islamic

Eligibility

  • Age Requirement: 21-60 years old
  • Min. Monthly Salary: RM 2,000
  • Need to open linked bank account: No
  • Guarantor Collateral Requirement: N/A

Fees and Charges

  • Processing Fees: Free
  • Stamp Duty: As per Stamp Duty Act 1949 (Revised 1989)
  • Early Settlement: N/A
  • Late Payment Charges: 1% on outstanding financing amount
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