CIMB-Personal-loan

CIMB Personal Loan Benefits

Flexible and Convenient With CIMB Personal Loan

Whether you need money for education, home renovation, travel or medical expenses, CIMB personal loan can help you. Apply online and get the funds you need for any purpose. Enjoy low interest rates, fast approval and no processing fees with CIMB.

  • Flexible financing amount up to RM100,000
  • Fixed interest rates from as low as 6.88% p.a.
  • Convenient repayment tenure up to 5 years
  • No collaterals or guarantors required

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Reach out to us for recommendations on suitable loans.

Talk to Agent

Clarify the important know-how of a loan.

Review Loan

Examine the approved loan and request changes where necessary.

Get Disbursement

Receive your money on the next working day.

A Complete Guide For CIMB Personal Loan 2023

For individuals who are looking for loans, CIMB personal loan is a reliable and efficient option. This article provides a complete guide on CIMB Personal Loan 2023, including the features, advantages, and requirements to help you make an informed decision.

What is CIMB Bank?

CIMB Bank is a leading financial institution and company in Malaysia, providing a range of financial products and financing services to individuals, businesses, and corporations. Established in 1929, CIMB Bank has grown to become one of the largest banks in Southeast Asia, with a presence in over 15 countries worldwide.

With a strong focus on innovation, CIMB Bank has been at the forefront of technological advancements in the banking and financing industry. The bank offers a wide range of digital banking solutions, including mobile banking, online banking, credit cards service, and e-wallet services, making it easy for customers to manage their finances anytime, anywhere.

In addition to its digital offerings, CIMB Bank also has a strong physical presence, with over 1,000 branches and 12,000 employees across the globe. The bank’s commitment to customer service has earned it numerous awards over the years, including the Asian Banker’s Best ATM/Debit Card Offering award in 2020.

As a socially responsible organization, CIMB Bank is also committed to giving back to the community. The banking company has implemented various initiatives to support education, healthcare, and environmental sustainability, among other causes.

Overall, CIMB Bank’s dedication to innovation, customer service, and social responsibility has made it a trusted and respected financial institution in Malaysia and beyond.

Features of CIMB Personal Financing Loan

Are you looking for a personal loan that provides flexible and affordable solutions? Look no further than CIMB Peribadi Pinjaman, built to meet diverse customer needs. Here are some of the features of CIMB Personal Loan:

  • No collateral or guarantor required
  • Loan amount up to RM 10,000
  • Flexible repayment period up to 5 years
  • Competitive interest rates
  • Effective approval and disbursement of funds within 24 hours

But that’s not all. CIMB Bank has a digital platform that allows customers to apply for personal loan conveniently from their mobile phones or computers. This digital platform is user-friendly and easy to navigate, making the application process a breeze.

What’s more, CIMB Bank company has a team of dedicated and knowledgeable customer service representatives who are available to answer any questions you may have about the personal loan application process, eligibility requirements, or personal loan terms and conditions. They are committed to providing excellent customer service and ensuring that you have a smooth and hassle-free experience.

Another great feature of CIMB Personal Loans is the flexibility it offers in terms of repayment. You can choose a repayment period that suits your needs and budget, whether it’s a shorter period of 1 year or a longer period of 5 years.

And if you’re worried about the interest rate or profit rate, rest assured that CIMB Bank offers competitive rates that are in line with industry standards. This means you can enjoy the benefits of a personal loan without worrying about high interest charges.

So what are you waiting for? Apply for CIMB’s Personal Loan today and enjoy the peace of mind that comes with knowing you have access to flexible and affordable financing options.

Pros and Cons of CIMB’s Personal Loan

CIMB Personal Loan has several advantages and disadvantages that borrowers should consider.

Pros:

  • Quick approval and disbursement of funds
  • No collateral required, making it accessible to more borrowers
  • Flexible repayment terms, allowing for easy budgeting
  • Competitive interest rates
  • Low processing fees

Cons:

  • Personal loan amount is relatively lower compared to other banks
  • Penalty for early repayment
  • Bank may require additional documentation or information before approval, which can take longer

Requirements of Applying for CIMB Personal Loan

To apply for CIMB Personal Loan account, you need to meet the following requirements:

Eligibility Criteria

  • You must be a Malaysian citizen or permanent resident aged between 21 and 58 years old
  • Your minimum monthly income must be RM 1,500
  • You should have a good credit score and history.

Documents Required

  • Copy of MyKad
  • Latest income slip for salaried individuals
  • Latest EPF statement or bank statement for non-salaried individuals.

The above documents are subject to change based on bank requirements. It is advisable to check with the bank for the latest documentation requirements before creating an account for mohon pinjaman.

Fees and Charges of CIMB Personal Loan

When applying for CIMB Personal Loan, borrowers need to consider the various fees and charges associated with the personal loan, including:

  • Processing fee: 1% rate of the personal loan amount
  • Stamp duty: 0.5% rate of the personal loan amount
  • Early settlement fee: 1% rate of outstanding balance

The above fees and charges are subject to change based on bank policies. It is advisable to check with the bank for the latest fees and charges.

Latest Promotions of CIMB Personal Loan

CIMB Bank provides various promotions on its loans from time to time. Some of the current promotions on CIMB Personal Loan are:

  • Lowered interest rates for loan amount up to RM 10,000 maximum.
  • Cashback for customers who apply for CIMB Personal Loan through the bank’s digital platform.
  • Low processing fees for certain loan amounts.

It is recommended for borrowers to check with CIMB Bank for the latest promotions and offers that they may be eligible for.

Installment Table of CIMB Personal Loan

Before taking out a loan, it is important to understand the monthly repayment on installment payments that you will be required to make. The table below shows the installment payments for Pinjaman Peribadi CIMB for different loan amounts and repayment periods every months.

Loan amount Repayment Period Monthly Installment
RM 2,000
12
RM 190
RM 5,000
24
RM 237
RM 10,000
60
RM 217

CIMB Personal Loan Terms and Conditions

Before applying for CIMB Personal Loan, it is important to read and understand the bank’s terms and conditions. Some of the key conditions to note include:

  • Responsibility of the borrower to ensure loan tenure repayment
  • Bank has the right to request additional documentation or information before approving the loan
  • Bank has the right to modify or rescind the loan agreement under certain circumstances

It is recommended to familiarize oneself with the terms and conditions before applying for the loan. If you have any questions or concerns, do not hesitate to contact CIMB Bank’s customer service for clarification.

Conclusion

In conclusion, CIMB Bank Personal Loan is a viable option for individuals looking for quick and flexible loan solutions. Be sure to familiarize yourself with the requirements, fees and charges, promotions, and terms and conditions before making a decision.

Remember that taking out a loan is a serious financial decision that should not be taken lightly. We hope this guide has provided valuable insights into CIMB Personal Loan 2023.

FAQs

How long does it take for CIMB to approve a loan?

It takes approximately 5 days for the approval.

What is the minimum loan amount for CIMB?

The minimum amount is RM2000.

What is the interest rate untuk CIMB installment?

The interest rates is 4% p.a.

How do I check my CIMB pinjaman peribadi status?

You will receive a text message or call about its status.