|CIMB Cash Plus|
|100% Disbursement. No additional charges imposed to the loan amount.|
|Flexible payment period of up to 5 years|
|Loan Amount offered from minimum RM 2,000 to RM 100,000|
|Individual applicant only|
|Aged between 21 and 58 years old|
|Minimum income of RM2,000 (basic + fixed income only)|
CIMB Cash Plus is a loan package for personal use in Malaysia. This personal loan in unsecured and it requires no guarantor or collateral. It is a hassle free personal loan to achieve your goals and dreams. A borrower will be able to enjoy from RM 2,000 to RM 100,000 financing or a 8 times salary financing whichever that is lower. The amount loan will also be subjected to credit ratings. The minimum tenure would start from 1 to a maximum of 5 years.
Interest rates would depends on amount loan and borrower’s employment type. Basically, borrower will be able to enjoy better interest rates with higher loan amount. A borrower can enjoy up to 8.20% p.a flat interest rates with interest rates with RM 50,000 to RM 100,000 financing, 10.88% p.a. with RM 20,000 to RM 49,000 financing and 14.66% with RM 2,000 to RM 20,000 financing.
As for self employed, the interest rates for financing would be 14.66% p.a with RM 2,000 to RM 100,000 financing.
Fees & Charges
There will be a late payment penalty charge of 1.0% on the installments amount in arrears from overdue date. There are no charges for early settlement fee.
This loan is open to individual from 21 to 60 years old at the end of loan tenure. Applicants will need to have a minimum annual income of RM 24,000.
Self-Employed – Private Limited Company:
Self employed – sole prop/partnership / limited liability partnership / small traders:
Note: For business income, the self-employed must own at least 20% of the shareholdings including Sdn Bhd and Partnership.
Other things to take note of the loan
The payment table for CIMB Cash Plus would be on the link below