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Personal Financing

Maybank Islamic Salary Financing-i

Realise Your Dreams the Fastest Way

EN BM

What are the benefits?


Consolidate your loans/financing and reduce your overall monthly commitments for a stronger financial foundation.

Enjoy financing rates as low as 5.70% p.a. exclusively for employees of designated companies, state government and industries.

  • Affordable monthly payments as low as RM110 per month*
  • High financing amount up to RM200,000
  • Ease of making monthly payments through salary deduction or Maybank2E deduction
  • Flexible payment periods from 2 years to 10 years or to retirement age (whichever is earlier).
  • No collateral or guarantor required.
  • Options to add on Insurance/Takaful protection.

*Based on a financing amount of RM10,000 with a 10 years tenure

Features


Financing Amount

Minimum Financing: RM10,000

Maximum Financing: RM200,000 or 20x basic salary inclusive of fixed allowance (whichever is lower)

Tenure

Minimum: 2 years

Maximum: 10 years or up to retirement age (whichever is earlier)

 

Payment Method

Rate (All segment exclude Maybank Work +)

Rate (Maybank Work +)

Financing Tenure: 2 – 10 Years

Salary Deduction at source/M2e by Employer

Effective Rate: 5.70%

(SBR + 2.70%)

Effective Rate: 5.90%

(SBR + 2.90%)

Deduction by Maybank2E

Salary Account with Maybank

Effective Rate: 5.75%

(SBR + 2.75%)

Effective Rate: 6.00% (SBR + 3.00%)

Salary Account with Other Bank

Effective Rate: 5.80%

(SBR + 2.80%)

Effective Rate: 6.50%

(SBR + 3.50%)

Standardised Base Rate at 3.00% p.a. effective from 8 May 2023

Click below to view the Payment Table

Payment table

Are you eligible?


  • Malaysian Citizen
  • Minimum monthly salary of RM3,000 (inclusive of fixed allowances)
  • Age 21 to 58 years old.
  • Confirmed and permanent employees of designated companies, public universities, healthcare institutions, government-linked investment companies and financial institutions
  • For details of the eligible companies, click below:

    List of companies

Interested to Apply?


Contact Us

Step 1: Fill-up the Maybank Islamic Salary Financing-i Application Form

Download form


Step 2: Prepare the required documents

  • Copy of NRIC of applicant
  • If salary credited into Maybank Account: Latest 1 months’ salary slip
  • If salary credited into other bank account: Latest 3 consecutive months’ salary slips AND Latest 3 months’ bank statement
  • Latest EPF statement/EA/BE Form
  • Employer’s confirmation letter
  • Redemption Statement from other Financial Institution (if applicable)**

**Redemption Statement is a statement or redemption letter that is essentially a legal document that lays out the exact amount that you need to pay the bank

Step 3: Submit completed application form and required documents via email to salaryfinancing@maybank.com

Email now

Alternatively, you may submit the completed application form and required documents to the nearest Maybank branch.

All applications for Salary Financing-i are subject to Maybank’s credit assessment, approval and other applicable terms and conditions

Fees & Charges


  • Stamp duty: RM5 for every RM1,000 of the loan / financing amount
  • Insurance / Takaful add on

The charges will be deducted from the financing amount.

More information


Product Disclosure Sheet

Secured Financing

Islamic Financing

Product Disclosure Sheet (EN)

Product Disclosure Sheet (BM)


Please be advised that Maybank does not appoint any third-party agents or agencies to solicit or deal with Maybank salary financing products.  All customer interactions and applications relating to Maybank salary financing products should only be handled directly by/through Maybank branches, Maybank Group Customer Care or Maybank’s official website. Additionally, customers are reminded not to share personal or/or information relating to their account(s) with unauthorised external parties as a means to safeguard their interests. When in doubt, please reach out directly to Maybank official channels.

For any inquiries or verification, please contact Maybank directly through Maybank branches, Maybank Group Customer Care or Maybank’s official website.


Unlock up to 3.00% p.a. in savings, effortlessly!


Limited-time offer for 12 participating accounts. Gain higher interest/indicative profit rates with everyday transactions, everywhere!

Campaign Period: 1 November 2024 to 30 April 2025


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