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Financing Quantum

  • Based on eligibility limit and subject to minimum amount of RM10,000 and maximum amount of RM200,000

Payment Period

  • Maximum of 10 years (120 months) or up to the retirement age, whichever is earlier

Financing Rate Offer

Flat Rate

  • 1-3 years : 3.25% p.a. (with Bank Islam Will Writing, BancaTakaful products subscription or Bank Islam Card-i)
  • 1-3 years : 3.50% p.a.
  • 4-10 years : 4.99% p.a.

Floating Rate (Base Financing Rate (BFR))

  • 1-3 years : BFR - 1.65% p.a.
  • 4-10 years : BFR - 0.35% p.a.

Note : Current BFR is 6.60% p.a.


  • Applicant must be 18 years and not exceeding the retirement age at the end of payment period
  • Malaysian citizen
  • Earning a minimum fixed income of RM2,000 per month
  • Applicant must be a continued employee in any of the following:
    • Government Sector
    • Selected Public Listed Companies
    • Subsidiaries of Government or Selected Public Listed Company
    • Other Prominent Private Limited Companies as categorized under package companies listed by Bank Islam
  • Debt Service Ratio (DSR) must not exceed 50% (if not a house owner) or 60% (if a house owner) from the net salary after statutory deduction
  • For salary above RM7,000, DSR must not exceed 55% (if not a house owner) or 75% (if a house owner) from the net salary after statutory deduction

Takaful Coverage

  • Personal Financing Takaful Plan
Wakalah Fee
  • RM50.00 - For being the customer's agent to sell commodity to the Broker

Documents Required 

  • A copy of identity card
  • Latest 3 months' salary slip
  • Latest employer's confirmation letter
  • Latest 3 months Bank Statements of salary crediting account

 And at least one (1) of these:

  • Latest income statement (Form B/eBE/ EA/EC); or
  • Any other latest supporting document such as EPF statement, if required

Payment Method

  • Salary Deduction
  • Salary Transfer to Bank Islam with Auto-debit Instruction


  • Competitive rate
  • No hidden charges
  • No guarantor is required
  • No deposit
  • No processing fee
  • Flexible financing tenure
  • Selling price – fixed and known
  • Fast approval

Product Disclosure Sheet

* Terms and conditions apply

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