Cash woes? A personal loan to the rescue!

    BSN MyRinggit-i BPA (Super Klasik B) Personal Loan

    The personal financing scheme BSN MyRinggit-i BPA (Super Klasik B) offers lower interest rates to the government servants and employees of statutory bodies. The scheme is designed for the employees who have a monthly income over RM2,500. The personal loan scheme is based on the Shariah principle of Tawarruq.

    Profit Rates

    Loan Amount Loan Tenure Minimum Annual Income Profit Rate
    RM5,000 to RM200,000 2 years to 10 years RM30,000 Fixed Rate: 4.60% p.a. to 4.75% p.a. Floating Rate: BR + 3.22% p.a. to BR + 3.77% p.a.


    Profit Rate Fixed Rate: 4.60% p.a. to 4.75% p.a. Floating Rate: BR + 3.22% p.a. to BR + 3.77% p.a.
    Effective Profit Rate 7.32% p.a. to 7.87% p.a.
    Minimum Loan Amount RM5,000
    Maximum Loan Amount RM200,000
    Loan Tenure 2 years to 10 years
    Islamic/Conventional Islamic
    Debt Consolidation No
    Takaful Coverage Optional
    Approval Duration Not specified
    Government Servant? For employees of statutory bodies and government servants


    • The loan is calculated on a flat rate basis and it is a form of unsecured personal financing that requires no collateral.
    • Government employees, statutory body employees and the staff of the selected organisations can apply for and benefit from this loan scheme.
    • The candidates who have salary deduction facility via BPA from their employer, can obtain this scheme.
    • Minimum loan amount available with the BSN MyRinggit-i BPA (Super Klasik B) scheme is RM5,000.
    • The maximum financing amount available is RM200,000.
    • If desired, a customer can also opt for the early settlement of his/her loaned amount before the maturity of the tenure.
    • Borrowers must provide prior notice to the bank for settling the loan early. The bank provides rebates to the customer who settle their dues early.
    • For permanent employees who have been employed for a period of 3 months or more, a guarantor is not required.
    • A customer can obtain a financing tenure spanning from 2 years to 10 years on the loaned amount.

    Fees and Charges

    Stamp Duty As per Stamp Duty Act 1949 (Revised 1989)
    Processing Fee None
    Advance Payment Equal to two months instalment amount
    Will RM530
    Takaful As per the loan tenure, amount and age of borrower
    Cash Protection-i RM318

    Penalty Charges

    Early Settlement As per imposed by BSN
    Late Payment Before the end of facility period: 1% of the total outstanding amount After the end of the facility period: Based on IIMM rate on the total outstanding amount

    Eligibility Criteria

    Age Minimum 21 years to maximum 60 years (age at time of maturity date)
    Employment Employees with salary deduction through BPA Temporary staff: Minimum 12 months completed in service Permanent staff: Minimum 3 months completed in service
    Minimum Income RM2,500 each month
    Guarantor/Collateral Required for temporary staff
    Linked Bank Account BSN GIRO-i account

    What documents do i need to prepare for this loan application?

    Salaried Applicants Two copies of NRIC (both sides) Salary deduction via Biro Perkhidmatan Angkasa (BPA 1/79) authorisation letter from employer Two copies of latest pay slip Letter from employer confirming complete details of your employment

    How to apply for BSN MyRinggit-i BPA (Super Klasik B) Personal Loan?

    • Offline Application: An applicant can visit the nearest BSN branch and request for the application form. The applicant must then submit the application form along with the required documents to start the process.
    • Online Application: An applicant can also use the official website of BSN to apply for the personal loan scheme. He/she can click on the section and download the printable form from the website.


    1. Q. I am a temporary employee at a government office and I have been working there for more than 15 months. Do I need to present both a guarantor and a collateral to obtain the personal loan scheme?

      A. Any temporary or contract based employee who has been employed for more than 12 months at a government organization or statutory body firm, needs to present a guarantor while applying for the loan. However, presenting collateral is not required.

    2. Q. How to reach the customer care department of the BSN?

      A. For any queries and doubts regarding the products, you can contact 1300 88 1900 / 03-2613 1900 or you can also write an email on

    3. Q. I am a government servant employed on a temporary basis. I have been working for less than 9 months with my company. Am I eligible to apply for this personal loan scheme?

      A. As a temporary or contract based employee, if you have not been employed for more than 12 months, you cannot apply for the BSN MyRinggit-i BPA (Super Klasik B) personal loan scheme.

    4. Q. What if I lack one of the required documents? Do I need to submit all the above given documents while applying for the loan?

      A. Yes, all personal and employment related documents are mandatory to present for both the applicant and the guarantor. For further queries, please contact the call center.

    5. Q. How is the maximum limit on my personal loan decided?

      A. The maximum limit on the personal loan amount approved for the applicant is decided by the bank as per his/her salary/income.

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