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.
|Loan Amount||Loan Tenure||Minimum Income||Profit Rate|
|Up to RM100,000||Up to 84 months(7 years)||RM1,000||Starting from 0.66% per month to 1.50% per month|
|Profit Rate||From 0.66% to 1.50% per month|
|Effective Profit Rate||From 13.57% p.a. - 14.31% p.a. to 27.46% p.a. - 31.72% p.a.|
|Minimum Financing Amount||RM1,000|
|Maximum Financing Amount||Up to RM100,000|
|Financing Tenure||From 6 months to 84 months|
|Approval Duration||Fast approval within 1 to 3 days (you can also get the cash on a Sunday)|
|Stamp Duty Charges||0.5% of the financing amount|
|Early Settlement Charges||Nil|
|Late Payment Charges||From RM18 to RM23 (based on the time of making the payment)|
|Age Requirement||Minimum age: 18 years|
|Minimum Income Requirement||RM1,000 (minimum gross income)|
|Guarantor/Collateral Requirement||Not required|
|Should I have a linked bank account?||NA|
|For a salaried applicant||For a self-employed applicant|
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.