Cash woes? A personal loan to the rescue!

    BSN MyRinggit SKAP (Super Klasik B) Personal Loan

    BSN MyRinggit SKAP (Super Klasik B) Personal Loan is a loan facility for Federal Government Servants by BSN Bank. This loan facility is designed to provide them with the financial freedom they desire with lower interest rates. The facility serves as a helping hand during times of emergencies, weddings, educational and many other purposes.

    Interest Rates

    Loan Amount Loan Tenure Minimum Annual Income Interest 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.


    Interest 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 Interest 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 Conventional
    Debt Consolidation No
    Insurance Coverage Optional
    Approval Duration Not specified
    Government Servant? For permanent federal government servants


    • The applicants can apply for up to RM200,000 with this loan facility.
    • The repayment tenure available with this facility is extendable for up to 10 years.
    • The facility comes with an interest rate of as low as 4.50% p.a.
    • The facility may or may not need a guarantor depending upon the type of employment of the applicant.
    • The repayments can be made via easy modes like salary deduction.

    Fees and charges

    Stamp Duty As per the Stamp Duty Act 1949 (Revised 1989)
    Processing Fee None
    Advance Payment None
    Will RM530
    Insurance Based on loan amount, tenure and age of applicant
    Cash Shield Insurance RM318

    Penalty Charges

    Early Settlement None
    Late Payment 1% of the total outstanding arrears

    Eligibility Criteria

    Age 21 years to 60 years (at time of loan maturity date)
    Employment Permanent federal government employees Permanent staff: More than 3 months in service Temporary staff: More than 12 months in service
    Minimum Income RM2,500 each month
    Guarantor/Collateral Only for temporary staff in service for more than 12 months
    Linked Bank Account Yes (BSN Giro account)

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

    Salaried Applicants Copy of NRIC (front and back) Latest salary slip (2 months for fixed interest rate and 1 month for floating interest rate) Letter from employer confirming full details of employment including age, position, pay, employment date, and retirement date Salary deduction authorisation letter (BSN 09-D)

    How to apply for BSN MyRinggit SKAP (Super Klasik B) Personal Loan?

    • Offline application: The applicants can apply for the BSN MyRinggit SKAP (Super Klasik B) Personal Loan at the nearest BSN Bank’s branch. The application form available at the branch needs to be filled with the required details and should be submitted along with the supporting documents of both the applicant as well as of the guarantor (if applicable). The applicants can also reach to BSN through the bank’s helpline number to put in their request for this loan.
    • Online Application: The applicants can also choose for a time saving method and apply for BSN MyRinggit SKAP (Super Klasik B) Personal Loan through the web portal of BSN. In order to get the loan approved, the applicants need to fill the application form available online and upload the supporting documents along with it.


    1. Q. What is the range of amount I can apply through this financing facility?

      A. One can get an amount of RM5,000 to RM200,000 through this financing facility.

    2. Q. What are the repayment periods available with this facility?

      A. You can opt for repayment tenure of a minimum of 2 years to a maximum of 10 years with this facility.

    3. Q. Do I need to bring a guarantor with me to get funds through this loan facility?

      A. It depends upon the type of employment of the applicant. The permanent employees applying for this loan don’t need to bring a guarantor but the employees working on contract basis need to be accompanied with a guarantor.

    4. Q. In case I decide to settle the full loan amount before the maturity date, what is the procedure I need to follow?

      A. You can decide to fully settle the whole amount at any time by providing the bank with a written notice for the same. In these cases, no lock-in period will be imposed.

    5. Q. Is it mandatory for one to opt for will or the cash shield insurance?

      A. No. It’s optional to opt for both however it is recommended to get the insurance on your loan.

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