Personal Loan Malaysia

Archive for the ‘Malaysian Banks’ Category

« Older Entries

Applying a Loan From EON Bank

Sunday, August 29th, 2010

Applying for any kind of loans from banks can be a scary experience. Even walking into a bank’s premise can be intimidating. However, this is not as daunting as a person may think, as most banks now offer great service and loan applications can be breezy and a educational experience.

EON Capital berhad or EON Bank for example is a Public Listed Company and exists on the main Board of Malaysia;s Stock Exchange since 23 December 2002. Eon Capital Berhad is the holding establishment of the EON Bank Group.

This bank is a licensed finance and banking Company in commission under the policies of Malaysia’s bank Negara under the requirements of the Banking and Financial Institutions Act of 1989. EON Bank is primarily affianced in the policies of an al-inclusive array of both traditional and Islamic banking services and products.

EON Bank offers many types of loans to its customer database, Some of the loans listed include the Super Easi 123 Home Loan, Super Easi 123 Flexi Home Loan, Super Easi Home Loan Fixed Deposit, Super Easi Non-Residential Loan, Super Easi Share Financing, Personal Loans, Higher Purchase and Overdraft facilities.

To apply for the Super Easi 123 Home Loan, the applicant is required to let the bank know of the house selection, visit one of their 135 branches and 18 nationwide retail centers and submit the requested documents. For individuals who are employed, documents needed would include a valid identity card, latest 3 months pay slips, latest income tax returns which comprise Form B or Ea Form, Sale and Purchase Agreement or alternately any document stating title or Letter of Offer from the developer, last 3 months Savings or Current account statements and the latest EPF statement.

For persons who are self-employed, the documents needed are similar, with the exception of a Business Registration Form or valid Business Certification by the relevant authorities.

EON Bank offers competitive interest rates , high margin of financing, better flexibility in terms of a straightforward, no frills housing loan, a combination of housing loan and overdraft, a housing loan with flexible features which makes allowances for additional repayment and re-drawal of the additional repayments, longer tenure for up to 30 years till the age of 70, 3 attractive types of insurance coverage, capitalization of MRTA and/ or legal fees (whichever is the applicant’s preference), waiving of any processing fees, and a free standing instruction, meaning that no commission is charged on any standing instruction imposed for the monthly repayments from the EON Bank account.

If all documents are intact and valid, the loan process only takes a while to be approved. EON Bank strives to provide its customers with the best plans possible, and a professional and reliable staff to cater to each customers requirements and needs. If the goal is to purchase the house of one’s dream, EON Bank is a great place to start. Bank loan procedures have never been so easy before.

Incoming search terms for the article:

Tags: ,
Posted in Malaysian Banks | Comments Off

Personal Loan from HSBC Bank Malaysia

Friday, August 27th, 2010

When it comes to personal loans from HSBC, Anytime Money Personal Financing-i is the best lending program offered by the bank. This is much faster and easier way to get the funds when you are in urgent need. Using this plan you can get from RM 6,000 to RM 100,000 as personal loan in a jiffy. While the monthly installments as low as RM 160, you have repayment period of up to 5 years. Some of the highlights of the plan include the following. It doesn’t require a guarantor, it is not necessary to provide collateral, and up on eligibility it gets approved with in a short span.

The eligibility criteria for you to get this loan are very simple. You have be within the age limits of 21 and 55, you monthly salary should be at least RM 2000, and you should have a permanent resident status in Malaysia or a citizen of the country. The formalities for the loan are very rudimentary and are as follows:

For salaried class the following documents should be produced at the time of applying for the loan: a) Copy of your NRIC; b) your current and previous month’s salary slips or your bank statement of your salary account or form BE i.e., income tax payment receipts or EPF statements; c) in case your experience is less that three months you can attach a copy of your appointment order issued by the company.

In case you are self employed or in business the following documents will be all right to obtain your desired loan from the bank; a) Copy of your NRIC; b) Copy of your income tax receipts either copy of last submitted Form B or CPO2, or EPF statement, or profit and loss account of your business. Enclosing a copy of your business registration form is also vital.

Incoming search terms for the article:

Tags: , ,
Posted in Malaysian Banks | Comments Off

« Older Entries

Personal Loan Tips