If you're already going to be paying so much in interest fees, then you might as well utilise these promotions.
Saving up money for a rainy day is a great way to stay prepared for unexpected financial emergencies. But being prepared for different kinds of emergencies at all times isn’t always possible. For those times of need when you don’t have the money, a personal loan can be an extremely useful financial tool.
The best part about a personal loan is the fact that your eligibility for it isn’t governed by why you need it. You could take a loan for any reason – home renovation, debt consolidation, a vacation, educational expenses, auto repairs or maybe even for your wedding expenses if your savings fall short - not that we encourage this!
With a number of personal loan options on offer, choosing one may be decided by a stand-out factor, feature, or benefit. So we're here to help you decide which personal loan suits you best with a list of personal loans in Malaysia to check out.
When you apply for a CIMB Cash Plus Personal Loan, you stand a chance to win a Perodua Myvi or Petronas Gift Cards worth RM200. In fact, there are 3 Perodua Myvi and 300 Petronas cards to be won.
Each RM1,000 that’s disbursed to your account qualifies you for a 1x ENTRY to the promotion, and each RM1,000 disbursed for complete online submission by self-serve gets you 3x ENTRY.
The offer is valid until 31 July 2018.
|Type of employment||Financing amount||Effective Interest Rate|
|Salaried||RM50,000 – RM100,000||14.50% p.a.|
|Salaried||RM20,000 – <RM50,000||18.62% p.a.|
|Salaried||RM2,000 – <RM20,000||24% p.a.|
|Self-employed||RM2,000 – RM100,000||24% p.a.|
With technological advancements beings made every day, it’s little wonder that gadgets and electronics become outdated in a very short period of time. With the Hong Leong personal loan flexi-pay campaign, you can own the latest gadgets without having to pay for it all in one go - at least, this is what they're selling point is all about.
|Repayment Tenure||Flat Interest Rate|
|1 year||6% p.a.|
|2 – 3 years||8% p.a.|
|4 – 5 years||10% p.a.|
Head over to a Switch/Urban Republic outlet. Choose the gadgets you wish to buy and remember to provide your contact details. A Hong Leong Bank representative will get in touch with you. Thereafter, your loan application and your eligibility for instalments will be assessed.
If your application is approved, the loan amount will be disbursed to the merchant directly. This offer is valid until 31 October 2018.
Get a rebate of 25% on the interest paid when you repay your UOB Personal Loan on time every month. This offer is valid for all new UOB Personal Loan applications that are approved and disbursed on or before 31 October 2018.
Stop putting off your travel plans every other year for want of cash. Get a personal loan from Hong Leong Bank to travel around the world and pay for it all in affordable monthly instalments.
Choose a package from 15 all-inclusive luxury packages with a participating travel partner – Malaysian Harmony Tour & Travel Sdn Bhd. Pick the right repayment period that suits your individual needs and apply for the loan.
If your application is approved, the loan amount will be disbursed to the merchant directly. This offer is valid until 31 August 2018.
|Repayment period||Flat Interest Rate|
|1 year||5% p.a.|
|2 – 3 years||6% p.a.|
|4 – 5 years||8% p.a.|
Although promotions can entice you to pick a particular personal loan offer over another, it should never be the sole reason to choose a product. You’ll be well-advised to compare multiple loan offers from different banks before signing up for one that best suits your interests.
Interest charges take precedence over pretty much everything else when you’re choosing a loan offer. However, it’s also important that you pay attention to the fine print.
This article was written by BankBazaar.my.
BankBazaar.my is a leading online marketplace in Malaysia that helps consumers compare and apply for a credit card, personal loan, home loan, car loan and insurance.
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