BSN MyRinggit SKAN (Klasik) Personal Loan is an ideal personal loan facility for the employees of State Government Department. The facility provides the financial flexibility to individuals by providing them with easy and fast funds with low interest rates.
The interest rates of the BSN MyRinggit SKAN (Klasik) Personal Loan are mentioned in the table below:
How to apply for BSN MyRinggit SKAN (Klasik) Personal Loan
Offline application: You can walk into the nearest BSN Bank’s branch and apply for the loan. The application form available needs to be filled with the necessary details and needs to be submitted along with the supporting documents for both applicants as well as for the guarantor (if applicable). Another option to apply for BSN MyRinggit SKAN (Klasik) Personal Loan is to put in your request telephonically by calling the bank’s helpline numbers.
Online Application: You can also choose to apply for BSN MyRinggit SKAN (Klasik) Personal Loan on the BSN Bank’s web portal. You need to fill up the application form that is available online and upload the supporting documents for both applicants as well as for the guarantor along with it.
Q. I need a loan of RM300,000. Can I apply for this amount through the loan facility?
A. No. You can apply for a range of RM5,000 to RM200,000 through this loan facility.
Q. What is the minimum repayment period one can choose for?
A. You can opt for a minimum of 2 years of the repayment tenure with this loan facility.
Q. I’m set to retire in next 4 years. What is the maximum repayment tenure I can apply for?
A. The maximum tenure you can opt for is four years. As the applicant should not exceed his/her retirement age by the time this facility matures.
Q. What happens when I decide to settle the full loan amount before the facility’s maturing date?
A. You can opt to fully settle the loan amount at any time before the maturity date. In order to do the same, you just need to provide the bank with a written notice prior to the early settlement of the loan.
Q. Should I opt for cash shield insurance and will with this loan facility?
A. Although it’s not absolutely mandatory to opt for either of these two options with this loan, it is highly recommended to get the insurance on the loan.