• CIMB Cash Plus Personal Loan

    Personal Loan

    CIMB Cash Plus Personal Loan is an unsecured term loan that is offered for personal use. There is no need for you to submit any collaterals. You get flexible repayment tenure of up to 5 years. There is no need for a guarantor.

    Features and benefits of CIMB Cash Plus Personal Loan

    The following are the various features and benefits of CIMB Cash Plus Personal Loan:

    • You will not be charged any additional charges and you will get 100% disbursement.
    • The loan tenure is flexible. The payment period offered is up to 5 years.
    • The minimum loan amount offered is RM2,000 and the maximum amount offered is RM100,000.
    • Cash Plus Personal Loan is offered to employed, commission earner, and a self-employed individual.
    • No collateral is needed.

    Eligibility Criteria

    You will have to meet the following eligibility criteria to avail CIMB Cash Plus Personal Loan:

    • Minimum age requirement is 21 years.
    • The maximum age requirement is 58 years.
    • Only an individual can apply for the loan.
    • The minimum income required is RM2,000 this includes basic and fixed income.

    CIMB Cash Plus Personal Loan Interest Rate

    The following are the interest rates for this facility:

    Loan amount Employment type Fixed rate EIR
    RM50,000 – RM100,000 Salaried 8.20% p.a. 14.50% p.a.
    RM20,000 – RM50,000 10.88% p.a. 18.62% p.a.
    RM2,000 – RM20,000 14.66% p.a. 24% p.a.
    RM2,000 – RM100,000 Self-employed 14.66% p.a. 24% p.a.

    Documents Required

    You will have to submit the following documents along with the application form at the nearest CIMB Bank branch:

    • Employed:
      • Employees of Multinational Company, Public Listed Company, or Government Link Company will have to submit one of the following documents:
        • Payslip- Latest 1 month payslip for fixed income earner, or minimum 3 months’ payslip for variable income earner.
        • Latest 6 months EPF record.
        • Latest EA Form.
        • Latest Form BE with LHDN payment receipt.
        • If you are an existing CIMB Payroll customer, you will have to submit 3 months’ bank statement with AUTOPAYCR, Transfer from Co Name, or Credit Advice transaction.
      • Employees of other companies will have to submit one of the following documents:
        • Payslip - Fixed income earner should submit latest 1 month payslip and EPF statement or latest salary crediting bank statement.
        • Payslip - Variable income earner should submit minimum 3 months’ payslip and latest EPF statement or latest salary crediting bank statement.
        • If you are an existing CIMB Payroll customer, you will have to submit 3 months’ bank statement with AUTOPAYCR, Transfer from Co Name, or Credit Advice transaction.
        • Latest Form BE with LHDN payment receipt.
        • Latest 6 months’ EPF record.
    • Commission earner should submit one of the following documents:
      • Latest Form BE with LHDN payment receipt.
      • Latest 6 months’’ commission statement.
    • The Self-employed individual should submit the following documents:
      • If it is a Private Limited Company:
        • Latest 6 months’ business bank statement or latest Borang B with LHDN payment receipt.
        • Business registration – SSM Search, Form 24, 9, and 49.
      • If you are employed as a sole proprietor, small trader, limited liability partnership, or partnership:
        • Latest 6 months’ business bank statement, latest 6 months’ personal bank statement, or latest Borang B with LHDN payment receipt.
        • Trade license, SSM, Partnership agreement, or Professional Practicing Certificate.

    Self-employed must own at least 20% of the shareholdings.

    The bank will reserve the right to request for additional documents if needed.

    Fees and Charges

    Following are the applicable fees and charges:

    Items Charges
    Early settlement fee Nil.
    Late payment fee 1% p.a. on the instalment amount in arrears.

    CIMB Hotline for Cash Plus Personal Loan

    You can contact CIMB through:

    • Telephone: +603 6204 7788
    • Fax: +603 2691 3248
  • Contact Us on Mail
    Facebook
    reTH65gcmBgCJ7k - pingdom check string.
    This Page is BLOCKED as it is using Iframes.