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CIMB Personal Loan

There are many unplanned expenses in our life that might arise at any moment like a sudden plan of a holiday trip abroad or paying off a debt. Headquartered at Kuala Lumpur, Malaysia CIMB Bank provides a wide range of products and services like consumer banking, corporate and investment banking, asset management, insurance and personal loans. The bank thus provides the urgent borrowers with immediate personal loan so that they can meet all their expenses and lead a less hectic life. One of the most interesting features of the CIMB Bank Personal Loan term is that the borrower doesn’t have to keep any security or anything else for mortgage with the Bank.

CIMB Bank provides a very flexible and smooth financing program with hassle-free application process, minimal documents and fast approval of personal loan. Not only this, to reduce the unpaid amount on high interest debts, the bank gives an option to the customer to consolidate them into one manageable account with a fixed monthly repayment. In the event of early settlement of the loan, the customer has the option to surrender the loan policy and receive the cash surrender value as fixed by CIMB Aviva Assurance Berhad.

There are six CIMB Bank personal loans offered to the Malaysians. They are:

Xpress Cash financing-i: This type of loan is exclusively designed for micro-entrepreneurs, factory workers and clericals aged between 21 to 60 years with a minimum income of RM 800. The borrower can take this loan for a minimum of 6 months and a maximum of 5 years with out keeping any security with the bank. If the loan amount is below RM 5000 then no guarantor is required. Under this the borrower is also eligible for a takaful coverage.

Credit Line Secured Overdraft: This facility enables the borrowers to withdraw a minimum of RM 10000 from their current account without liquidating their investment products. The loan is available for both locals and foreigners. Interest is calculated on a daily basis and the borrower has to keep their fixed Deposit, FD Freedom, Commerce Investment Guarantee (CIG), CIMB Structured Product/Deposit or CIMB Unit Trust as security against loan. The financing time period is reviewed every year.



ASB Financing: This facility provides loan to the borrower with a minimum of RM 10000 and a maximum of RM 200000 for a time period of 5 to 25 years. Under this loan scheme Bank gives an opportunity to the borrower to invest in ASB units and earn annual dividends and bonuses that can in turn be used to repay the loan amount. The customer has to keep the ASB certificate as security against the loan.

Pembiayaan Peribadi Sektor Awam-i: Under this loan scheme any government staff or government servant aged 18 to 58 years with a minimum income of RM500 can take a loan from RM1000 to RM200000 for a period of 1 year to 20 years. The borrower does not have to keep anything as security against the loan.

Cash Plus Financing-i: This loan is mainly designed for private sector employees where the loan is taken for a period of 5 years by the borrower upto five times their income and also gets approved for the same within 1 day.

CIMB Personal Loan Application Form

To make an application for Personal loan, customers can visit the website of the bank and fill up the application form or else download the form from the official website of the bank. The following table figures out clearly the documents that are required to apply for a personal loan from CIMB Bank.

Name of Personal accountsDocuments required
Credit Line Secured OverdraftPhotocopy of NRIC
Original copy of collateral/certificate,
Latest 3 months Payslip / B Form / BE Form / EA Form,
6 months latest Bank Statement
ASB FinancingPhotocopy of NRIC,
Photocopy of ASB passbook (1st & 2nd page),

Evidence of income:

For wage earner:Latest 3 month salary slip / latest 3 months payment voucher.

For self-employed / businessman: Only ONE of the following:
Latest 6 months current account / savings account statement
Statement of interest earned and received from FDs placed for more than 12 months.
ASNB dividend statement.
Latest 6 months Tabung Haji account statement.
Xpress Cash Financing-iSalaried Applicant:
  • Mykad (both side)
  • Latest 3 months salary slip
  • EA form / EPF statement / Letter from employer
Self-Employed:
  • Mykad (both side)
  • Business Registration Certificate (Form D or Form 9,24,49 and M&A)
  • Last 3 months bank statement / BE form with income tax receipt / other supporting documents.
Cash Plus Financing-iFor Employed:
  • Mykad (both side)
  • Latest 3 months salary slip
  • Latest 3 months Salary-Crediting Account or latest EPF statements
  • Latest CIMB Payroll Account
Self-Employed:
  • Mykad (both side)
  • Business Registration Certificate (Form D or Form 9,24,49 and M&A)
  • Latest 6 months Business Bank Statements
  • Latest BE form with proof of tax payment receipt.
  • Latest Profit & Loss and Balance Sheet statements.

CIMB Personal Loan Interest Rate

The interest rates in 2012 and 2013 were less than the interest rates in 2012. Given below is the table for interest rates 2012.

Personal AccountsLoan Rate 2013
ASB FinancingBLR - 1.65% p.a throughout the loan tenure
Credit LineBLR - 2.0% p.a

CIMB Personal Loan Fees and Charges

Products/ItemsCharge
Documentation FeeRM 50 (promotional offer)
Letter of Offer - StampingRM10
Information brochure can be asked from the branch.

CIMB Monthly Repayment Table 2014

Given below is the installment table and the payment schedule of personal loan which will help the customers to calculate the amount of installment that they have to pay.

Package 1: BLR - 1.65% p.a. throughout the loan tenure.
Package 2: 4.18% p.a. fixed for first 2 years, BLR - 1.65% p.a. thereafter.

LOAN AMOUNTBLR - 1.65% p.a. (BLR : 6.30% p.a.)
567891011121314151617181920
10,000.00(187)(159)(140)(125)(113)(104)(97)(91)(86)(81)(77)(74)(71)(68)(66)(64)
15,000.00(281)(239)(210)(187)(170)(157)(145)(136)(128)(122)(116)(111)(107)(103)(99)(96)
20,000.00(374)(319)(279)(250)(227)(209)(194)(181)(171)(162)(155)(148)(142)(137)(132)(128)
25,000.00(468)(399)(349)(312)(284)(261)(242)(227)(214)(203)(193)(185)(178)(171)(165)(160)
30,000.00(561)(478)(419)(375)(340)(313)(291)(272)(257)(243)(232)(222)(213)(205)(198)(192)
35,000.00(655)(558)(489)(437)(397)(365)(339)(318)(299)(284)(270)(259)(249)(239)(231)(224)
40,000.00(748)(638)(559)(500)(454)(417)(388)(363)(342)(324)(309)(296)(284)(274)(265)(256)
45,000.00(842)(717)(629)(562)(511)(470)(436)(408)(385)(365)(348)(333)(320)(308)(298)(288)
50,000.00(936)(797)(699)(625)(567)(522)(485)(454)(428)(405)(386)(370)(355)(342)(331)(320)
55,000.00(1,029)(877)(768)(687)(624)(574)(533)(499)(470)(446)(425)(407)(391)(376)(364)(352)
60,000.00(1,123)(957)(838)(750)(681)(626)(582)(544)(513)(487)(464)(444)(426)(411)(397)(384)
65,000.00(1,216)(1,036)(908)(812)(738)(678)(630)(590)(556)(527)(502)(481)(462)(445)(430)(417)
70,000.00(1,310)(1,116)(978)(875)(794)(731)(678)(635)(599)(568)(541)(518)(497)(479)(463)(449)
75,000.00(1,403)(1,196)(1,048)(937)(851)(783)(727)(681)(642)(608)(580)(555)(533)(513)(496)(481)
80,000.00(1,497)(1,275)(1,118)(1,000)(908)(835)(775)(726)(684)(649)(618)(591)(568)(547)(529)(513)
85,000.00(1,590)(1,355)(1,187)(1,062)(965)(887)(824)(771)(727)(689)(657)(628)(604)(582)(562)(545)
90,000.00(1,684)(1,435)(1,257)(1,124)(1,021)(939)(872)(817)(770)(730)(695)(665)(639)(616)(595)(577)
95,000.00(1,778)(1,515)(1,327)(1,187)(1,078)(991)(921)(862)(813)(770)(734)(702)(675)(650)(628)(609)
100,000.00(1,871)(1,594)(1,397)(1,249)(1,135)(1,044)(969)(907)(855)(811)(773)(739)(710)(684)(661)(641)
110,000.00(2,058)(1,754)(1,537)(1,374)(1,248)(1,148)(1,066)(998)(941)(892)(850)(813)(781)(753)(727)(705)
125,000.00(2,339)(1,993)(1,746)(1,562)(1,419)(1,305)(1,212)(1,134)(1,069)(1,014)(966)(924)(888)(855)(827)(801)
150,000.00(2,807)(2,391)(2,096)(1,874)(1,702)(1,565)(1,454)(1,361)(1,283)(1,216)(1,159)(1,109)(1,065)(1,026)(992)(961)
175,000.00(3,274)(2,790)(2,445)(2,186)(1,986)(1,826)(1,696)(1,588)(1,497)(1,419)(1,352)(1,294)(1,243)(1,197)(1,157)(1,121)
190,000.00(3,555)(3,029)(2,654)(2,374)(2,156)(1,983)(1,841)(1,724)(1,625)(1,541)(1,468)(1,405)(1,349)(1,300)(1,256)(1,217)
200,000.00(3,742)(3,189)(2,794)(2,499)(2,270)(2,087)(1,938)(1,815)(1,711)(1,622)(1,545)(1,479)(1,420)(1,369)(1,323)(1,282)

The persons who are unable to pay off the loan their names are put up in the black list. CIMB Personal Loan Calculator is a monthly installment calculator that is provided for the convenience of the customer so that they can easily calculate their monthly installment amount after entering relevant details like financing amount, profit rate and financing term.

CIMB Personal Loan Customer Service

If the customer faces any problem regarding CIMB Personal loan, loan application status and approval they can feel free to contact the customer care advisor or jadual who is always available in the customer service department for valuable advice by dialing the contact number 1 300 880 900 for Malaysia and 603 22956100 for any other country. Customers can also know about the promotions that is being done by CIMB Bank from the customer care.They can visit the bank’s website and fill the customer service form for enquiry, complaint and feedback after providing details like Name, product, details or feedback, account number. In addition to this they can also send an email to callcentre@cimb.com. They can also send a postal mail to the below mentioned address:

Customer Resolution Department
17th Floor, Menara Bumiputera Commerce
11 Jalan Raja Laut
50350 Kuala Lumpur



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