BSN MyRinggit-i BPA (Klasik) Personal Loan is based on the (Islamic) Shariah concept of Tawarruq. The personal loan scheme is carefully crafted for government servants and employees of statutory bodies who are in need of monetary assistance.
The profit rates for the scheme are described as follows:
How to apply for BSN MyRinggit-i BPA (Klasik) Personal Loan?
Offline Application: Applicants can visit the nearest BSN branch and apply for personal financing. An applicant needs to submit all the mandatory documents along with the duly filled application form.
Online Application: The official website of BSN has a facility to apply for BSN MyRinggit-i BPA (Klasik) Personal Loan scheme on its product page. An applicant can click on the ‘Apply Now/Apply For’ tab seen on the website and can follow the procedure given on the site.
Q. I have few queries regarding the personal financing scheme. How can I reach the customer care department?
A. To address any query regarding the product, you can call on- 1300 88 1900 / 03-2613 1900 or you can also write an email to the bank on firstname.lastname@example.org
Q. I am a permanent employee at a government department in Malaysia. Do I need to present a guarantor or collateral to obtain the loan?
A. If you are a permanent employee who has completed the tenure of 3 months with the department of government, you do not need to present any guarantor or collateral.
Q. How are the late payment charges calculated?
A. The formula to calculate the late payment fees is as follows:
Within the Facility Period:
Overdue instalment(s) x 1% x No. of overdue day(s) / 365
After Completion of the Facility Period:
Outstanding principal x IIMM (Islamic Interbank Money Market) x No. of overdue day(s) / 365
Q. Can a guarantor be aged just below 60 years at the time of the maturity of the applicant’s tenure?
A. As per the eligibility criteria for the product, a guarantor’s age should be less than 55 years upon completion of customer’s loan tenure. A candidate who would be aged more than that at the end of the chosen tenure will not be eligible as a guarantor.
Q. What is the mode of payment for the BSN MyRinggit-i BPA (Klasik) Personal Loan?
A. The mode of payment is via Biro Perkhidmatan Angkasa.