Cash woes? A personal loan to the rescue!

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

    BSN MyRinggit-i SCOP (Super Klasik B) Personal Loan is a loan scheme dedicated to the employees of Royal Malaysian Police Force (PDRM). The loan facility offers them a range of funds at lower profit rates. This financing facility is designed in such a way that the individuals can achieve the financial freedom they need.

    Profit Rates

    Loan Amount Loan Tenure Minimum Annual Income Profit Rate
    RM5,000 to RM200,000 2 years to 10 years RM30,000 and above 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? Employees of the Royal Malaysian Police Force (PDRM)


    • The applicants can apply for a range of funds with a maximum amount of RM200,000 with this loan scheme.
    • The applicants don’t have to pay any advance payment in order to get this loan.
    • The loan scheme provides the individuals with funds at a profit rate as low as 4.50% p.a.
    • The repayments can be made through convenient modes of payment like Bahagian Akaun, KDN.
    • The loan scheme comes with a flexible line of tenures with a maximum limit of 10 years.
    • The process doesn’t require a collateral or guarantor.

    Fees and charges

    Stamp Duty As per the Stamp Duty Act 1949 (Revised 1989)
    Processing Fee None
    Advance Payment None
    Will (if applicable) RM530
    Takaful Based on age of applicant, loan tenure, and loan amount.
    Cash Protection-i (optional) RM318

    Penalty Charges

    Early Settlement Not specified
    Late Payment 1% of the overdue amount before the end of loan tenure Equivalent to IIMM rate on the overdue amount after the end of loan tenure

    Eligibility Criteria

    Age 21 years to 60 years (at the end of loan tenure)
    Employment PDRM employees (salary account with Bahagian Akaun, KDN) Permanent employees (working for more than 3 months)
    Minimum Income RM2,500 and above every month
    Guarantor/Collateral For temporary employees (must be in service for more than 12 months)
    Linked Bank Account Yes (BSN Giro/i account)

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

    Salaried Applicants Photocopy of NRIC (both sides) Latest salary slip (2 months for fixed rate and 1 month for floating rate) Authorisation letter confirming salary deduction Letter from employer confirming name, position, salary, and dates of employment, and retirement

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

    • Offline application: The BSN MyRinggit-i SCOP (Super Klasik B) Personal Loan application process can be carried out at the nearest BSN Bank’s branch. The applicants need to fill the application form and submit the supporting documents in order to get the loan approved. The applicants can also put in their request via the hotline numbers of bank.
    • Online Application: The BSN MyRinggit-i SCOP (Super Klasik B) Personal Loan approval can also be carried out online where the applicants need to fill the application form available on the bank website and upload the required documents.


    1. Q. What are the funds available with this loan scheme?

      A. You can get funds from RM5,000 to a maximum of RM200,000 with BSN MyRinggit-i SCOP (Super Klasik B) Personal Loan.

    2. Q. Can I get a loan with 5 years of repayment period?

      A. Yes. You can opt for tenures ranging from 2 to 10 years.

    3. Q. Is there an option of settling the loan entirely before the tenure ends?

      A. Yes. There is an option to settle the loan entirely earlier than its maturity date. You just need to provide the bank with written notice in that case.

    4. Q. What are the risks or benefits (if any) associated with early settlement of the loan amount?

      A. In such cases, the bank has a right to charge you with an early settlement fee. However, you are also eligible to earn a rebate when you decide to settle the loan amount prior to its maturity.

    5. Q. What is the use of takaful coverage? Should I get the same with my loan?

      A. Although it’s not mandatory to opt for the takaful coverage, it’s highly recommended as it covers the loan in the unfortunate event of total permanent disability or the sudden demise of the borrower during the tenure of the loan.

    This Page is BLOCKED as it is using Iframes.