BSN MyRinggit-i SKAN (Klasik) Personal Loan is a loan facility by BSN that is exclusively designed for the State Government Department employees. The personal loan facility provides the individuals with a range of funds at a competitive profit rate and help them achieve the financial freedom they need.
Profit rates for the applicants having the monthly salary in RM800 to RM5,000 range:
Up to 10 years
Profit rates for the applicants having a monthly salary of RM5,000 or above:
How to apply for BSN MyRinggit-i SKAN (Klasik) Personal Loan?
Offline application: The BSN MyRinggit-i SKAN (Klasik) Personal Loan application process can also be carried out at the nearest BSN Bank’s branch. The applicants need to fill up the application form available at the bank’s branch with required details and submit it along with their as well as the guarantor’s supporting documents. Another method to apply for the BSN MyRinggit-i SKAN (Klasik) Personal Loan is by putting in the request telephonically through bank’s hotline numbers.
Online Application: One can apply for The BSN MyRinggit-i SKAN (Klasik) Personal Loan online at the official website of BSN Bank. The applicants need to upload the supporting documents and fill up the application form with necessary details. Applying online is the easier and faster way to complete the process.
Q. What is the range of amount one can apply for through this loan?
A. BSN MyRinggit-i SKAN (Klasik) Personal Loan allows you to apply for a minimum amount of RM5,000 and a maximum amount of RM200,000.
Q. What are the repayment tenures available with this loan?
A. You can opt for tenures ranging from 2 to 10 years with this loan facility.
Q. Does the process require me to bring a guarantor?
A. If the applicant is a permanent employee of State Government Department, he/she doesn’t need to bring a guarantor for the process. But the employees working on a contract basis need to be accompanied with a guarantor in order to get the request approved.
Q. Is there an option where I can settle the loan amount before the dedicated period I chose for?
A. Yes. You can opt to fully settle the loan amount any time before the approved tenure. You just need to provide the bank with a written notice before doing the same.
Q. What are the major risks or benefits (if any) with settling the loan amount before the maturity period ends?
A. The bank has a right to charge you in case of an early settlement. However, you are also eligible to get rebate (Ibra) in such cases.
Q. What if I don’t take the takaful coverage with the loan? How much will I be charged if I opt for it?
A. It’s not mandatory to opt for the takaful coverage. However, it is suggested to opt for it to get a security against death and total permanent disability.