BIMB Programme for Medical Practitioner

Posted April 25, 2009 - 12:30am by RS Ringgitsavers

Personal financing for medical practitioner with attractive fixed profit rate.

Rate:

from 5.10% p.a.

Detail rate:

5.10% p.a. for 1-3 years
5.60% p.a. for 4-12 years
5.90% p.a. for 13-15 years

Maximum financing amount:

RM150000.00

Minimum financing amount:

RM10000.00

Repayment period:

1 to 15 years or retirement age (whichever earlier)

Fees and charges:

- No processing fee
- RM50.00 Wakalah fee

Penalty for early settlement:

Early settlement fee at bank's discretion

Approval time:

Fast approval

Minimum income requirement:

Monthly income of RM2,000

Guarantor requirement:

No collateral/guarantor required

Eligibility criteria:

- Applicant must be 25 years and not exceeding the retirement age at the end of payment period
- Malaysian citizen
- Registered with Malaysian Medical Council or Malaysian Dental Council
- Minimum of 2 years in business.

Financier’s website:

http://www.bankislam.com.my/Programme_for_Medical_Practitioner.aspx