Personal Financing-i

 Alliance CashVantage Personal Financing-i

 

Alliance CashVantage Personal Financing-i provides you the financial needs be it for personal or for business purpose with low monthly instalments, flexible financing tenure and profit rate at 10.38%* p.a (flat rate basis).

 

What are the BENEFITS?

• Monthly instalments from as low as RM103*
• Complementary Takaful coverage (Death & Total Permanent Disability)
• Flexible financing tenure up to 7 years
• No Processing Fee
• No guarantor or collateral required
• No Early Settlement Penalty

Financing Amount (RM)	Tenure	Profit Rate
Min: RM5,000	Min: 1 year (12 months)	10.38% p.a (flat rate basis)
Max: RM150,000	Max: 7 years (84 months)

Financing Amount (RM)	Monthly Instalment based on 10:38% p.a (flat rate basis)
	1 Year (RM)	2 Years (RM)	3 Years (RM)	4 Years (RM)	5 Years (RM)	6 Years (RM)	7 Years (RM)
5,000	460	252	182	147	127	113	103
10,000	920	503	364	295	253	225	206
30,000	2760	1510	1093	885	760	676	617
50,000	4599	2516	1821	1474	1266	1127	1028

* Based on financing amount of RM5,000 for 7 years tenure at 10.38% p.a (flat rate basis).
** Terms and Conditions apply.

Processing Fee	Bank Charges
Processing Fee	No processing fee.
Early Settlement Penalty	Only a 3 months' written notice or 3 months' profit rate in lieu of such notice is required.
Compensation charges on late payment	1% p.a on instalment amount overdue, accruing from the due date up to the date of settlement. For maturity facility, prevailing daily overnight Islamic Interbank Money Market (IIMM) will be imposed on the overdue principal accruing from the expiry date up to the date of settlement.
Stamp Duty Fee & Handling Fees [as per Stamp Duty Act 1949 (revised 1989)]	0.55% on total approved financing amount to be deducted from financing facility.