The AEON iCASH Personal Financing is a Shariah-compliant personal loan offering a high loan amount of up to RM100,000 with tenures going up to 7 years.
Listed below are the interest rates for AEON iCASH Personal Financing:
|Applicant Type||Profit rate (Flat rate)||Effective rate|
|New Applicants||0.84% per month or 10.08% p.a.||16.77% p.a. to 18.11% p.a.|
|Existing Cardholders (AEON Cardholders/ AEON Express Cardholders)||1.5% per month or 18% p.a.||27.46% p.a. to 31.72% p.a.|
The features and benefits of AEON iCASH Personal Financing are as follows:
Take a look at the fees and charges mandatory for AEON iCASH Personal Financing:
|Fee type||Fee details|
|Processing fee||4% of the financing amount when the sum ranges between RM1,000 and RM10,000. For the sum more than RM10,000, processing fee is 2% of the total sum. This maximum fee is capped at RM400.|
|Stamp Duty||0.5% of the financing sum|
|Goods and Service Tax (GST)||A GST of 6% will be applicable according to the financing processing fee|
|Early settlement fee||Nil|
|Late Payment Fee||RM18 to RM40 considering the repayment date specified. Additional compensation of RM23 will be charged per month for any delinquency from the previous month|
Listed below are the eligibility criteria for AEON iCASH Personal Financing:
For Salaried Employees:
Q. Does the loan have a lock-in period?
A. No. The loan does not have any lock-in period and would not charge a fee for early settlement.
Q. Are there any handling fees involved that need to be paid while applying?
A. No, there is no handling fee charged while obtaining the loan.
Q. If my repayment is delayed for about 15 days of the due date, what is the amount of fine that I need to pay?
A. The due date of the repayment is on 2nd of every month. If your payment is delayed by 10 days, i.e. if it is made between 11th and 18th of the month, you will have to pay RM23 as the late payment charges per month.
Q. What do I need to do if my residential address gets changed?
A. In order to not miss out on any communication or correspondence from the bank, you are advised to inform the bank about any change in your contact details.
Q. Where can I contact if I need customer service or assistance?
A. For any enquiry, you can contact your nearest branch or write on the bank’s official email ID : [email protected] For any further counselling regarding finance management or credit cards, you can also call on 1-800-88-2575.