The personal financing package for employees of Government Linked Companies, Corporates and Large Enterprises.
  • ExeCash-i for GLC is an Islamic Personal Term Financing under the Shariah principle of Bai' 'Inah as approved by Shariah Advisory Council of Bank Negara Malaysia
  • Under Bai' 'Inah concept, Maybank Islamic will use its asset as an underlying asset for the Bai’ ‘Inah transaction
  • The ExeCash-i for Government Linked Companies (GLC) provides financing without collateral to meet any of your personal needs.
as approved by Shariah Advisory Council of Bank Negara Malaysia

Term financing on monthly rest under Islamic Bai' 'Inah concept.

  • Affordable Monthly Payment, as low as RM51*
  • Competitive financing rates
  • Minimum financing amount of RM5,000 and up to RM100,000*
  • Flexible payment period from 2 years to 20 years
    (or up to retirement age, whichever earlier)
  • Hassle Free and Easy Application
  • No Collaterals
  • No Guarantor
  • No Security Deposit
  • Etiqa Takaful Coverage (Death and Disability)
  • Monthly payment via salary deduction (Salary deduction means the company will deduct applicant’s salary at source)
Purpose of Financing
  • Debt Consolidation
  • Emergency Needs
  • Educational
  • Home Improvement
  • Medical
  • Others
Effective Profit Rate
  • Up to 10 years: IBR + 5.15% p.a.
  • Above 10 to 20 years : BFR + 2.0% p.a

Note: The above Profit Rate is subjected to variation as and when advised by the Bank Fees and Charges

Stamp Duty

  • 0.5% ad-valorem on financing amount to be borne by customer by deduction from the financing amount
  • Customer can enjoy a 20 % discount on the cost of stamp duty incurred on the legal documents for GLC Salary Financing-i

Other Cost

  • All other cost to be deducted up front from financing amount upon drawdown of financing

Note: Stamping fees to be deducted upfront from financing amount.

  • Malaysian aged 18 to 60 years old or retirement age, whichever is earlier
  • Confirmed and permanent employee
  • Minimum monthly of RM1,500
    (jnclusive of minimum fixed allowances)
  • Individual and single applicant only
  • Subject to clean bankruptcy search, OCISS and CCRIS

For application, please visit any Maybank Islamic or Maybank branches and bring along the following documents:

  • Duly Signed Application form
  • Photocopy of Identity Card
  • Employer’s Confirmation Letter – current position held, salary, length of service and status of employment i.e. confirmed and permanent
  • Authorisation Letter
  • Latest 3 months photocopy of salary slip
  • Photocopy of latest 1 year EA Form

*Terms and conditions apply.

Click here for Product Disclosure Sheet