CIMB Personal Loan

Commerce International Merchant Bankers, commonly known as CIMB, provides a diverse range of personal loan options to its clients. These loan offerings are designed to cater to the varying financial requirements of CIMB’s customers, ensuring that individuals from all financial backgrounds can find a solution that suits their unique circumstances. Whether a client is seeking funds for personal emergencies, home improvements, education, or any other financial need, CIMB’s personal loans are structured to provide flexible and accessible financial support. The bank’s commitment to understanding and addressing the specific needs of its clients is reflected in the personalized loan products they offer, making financial security and assistance attainable for everyone.

CIMB Personal Loan

1. Cash Plus Personal Loan

Features:

• Loan amount offered from a minimum of RM2,000 to a maximum of RM100,000
• Facility Disbursement Options – •CIMB Current Account/-i or Savings Account/-i OR; •Other Bank’s account in Malaysia via Interbank GIRO (IBG)
• No processing fees
• No lock-in period
• Fixed interest rates as low as 4.38% per annum
• No early settlement fees
• No stamp duty
• Late Payment Penalty – 1.0% p.a. on the installment amount in arrears from the overdue date.
• Loan tenure of up to 5 years – Flexible payment period from 2 years and up to 5 years.

Eligibility:

• Individuals aged 21 to 58 years old
• Malaysian citizen
• Minimum monthly gross income of RM2,000
• In employment for more than 6 consecutive months
• For self-employed, business to be active for more than 24 months

2. Xpress Cash Financing-i

Features:

• Minimum Monthly Gross Income – Eligible with a minimum monthly gross income of RM800 (including variables, e.g. overtime and allowances)
• Guarantor is not required
• Financing tenure of up to 5 years with minimum tenure of 6 months
• Facility Disbursement Options – •CIMB Current Account/-i or Savings Account/-i OR; •Other Bank’s account in Malaysia via Interbank GIRO (IBG)

Eligibility:

• Individuals aged 21 to 60 years old
• Malaysian citizen
• No joint applications allowed
• Minimum monthly gross income of RM800 (including variables, e.g. overtime and allowances)
• At least 6 (six) months of employment or business establishment
• Minimum financing amount offered is RM3,000 with Maximum RM50,000 or up to 8X gross monthly income (whichever is lower)

3. e-Zi Tunai Personal Loan

Features:

• Seamless Digital Experience – Enjoy end-to-end digital experience from loan application until repayment via our digital channels and partners
• Flexible Loan Amount – Enjoy installment amount as low as RM17.33 per installment. Borrow as low as RM100 and up to RM20,000
• Flexible Tenure – Enjoy loan tenure flexibility as short as 1 week and up to 24 months³, based on your needs.
• Disbursement Via Various Methods – Enjoy disbursement options of your choice, into either CIMB Current Account or Savings Account, or Touch ‘n Go eWallet
• Low minimum income – Minimum monthly gross income of RM1,400 (including variables, eg:. Overtime and allowances).

Eligibility:

• Individuals aged 21 to 60 years old
• Malaysian citizen
• Touch ‘n Go eWallet user
• Minimum monthly gross income of RM1,400 (including variables, e.g. overtime and allowances)
• At least 3 (three) months of employment or business establishment

For applicable fees and charges as well as other documentation required, you are advised to visit CIMB loan portal. Also note that the application process varies for each loan type. Therefore, take your time to consider which loan best suits your needs and for which you are likely to be approved.

Read Also, CIMB Credit Cards