1-300-88-6688 or +603-7844 3696 (overseas) any time, any day. That includes holidays.
1-300-88-6688 or +603-7844 3696 (overseas) any time, any day. That includes holidays.
Call 1-800-88-3231 or
+603-2072 1373 for credit cards and 1-300-88-6688 for ATM cards to report it immediately
Financing Tenure
Interest / Profit Rate
Financing Amount |
Interest/Profit Rate |
RM3,000 to RM20,000 |
Flat Rate 11% p.a |
RM20,001 to RM 50,000 |
Flat Rate 10% p.a |
Formula for Monthly Installment Amount
= Principal (P) + (P x Tenure Years x Rate
Tenure Months
Example:
Financing Amount: RM5,000
Payment Tenure : 2 years (24 months)
Profit Amount Computation: |
||
Calculation Profit |
= = |
RM5,000 x 2 yrs x 11% RM1,100 |
Total |
|
|
Calculation Total Financing |
= = |
RM5,000 + RM1,100 RM6,100 |
Monthly Installment Computation: |
||
Calculation Monthly Installment Amount |
=
= |
RM6,100 / 24 mths
RM254.17 |
Not required
Insurance / Takaful
Not required
Late payment charge will be imposed for default in any payments on its due date as follows:-
(i)For accounts with default in instalment payment within the financing tenure (i.e from the date of disbursement until maturity date)
Late Payment Charge of 1% per annum imposed on the overdue amount which is calculated from the overdue date until date of full payment.
(ii)For failure to pay outstanding Facility due after the maturity period (Expired Account)
Late Payment Charge based on the prevailing Islamic Interbank Money market (IIMM) rate will be imposed on the outstanding balance due calculated from the maturity date until date of full settlement or upon judgment.
All existing Maybank / Maybank Islamic delivery channels:
A Shariah-compliant current account that pays indicative dividends*, plus premium banking and Takaful benefits.
A Shariah-compliant online savings account based on contract of Qard (loan). It is provides the convenience of opening, accessing and closing your account without visiting a branch.