Products · Personal Loans · BSN Personal Financing-i
BS
BSN (Bank Simpanan Nasional)
BSN Personal Financing-i
4.3
Best for
Muslim civil servants wanting the lowest Islamic financing rates in the market with ibra' rebate on early settlement
Rate
4.50%–7.00%p.a.
Min. Income
RM 1,000/mo
Max Tenure
120months
Pros
- Same competitive rates as conventional — from 4.5% flat
- Ibra' (rebate) on early settlement — no exit penalty
- Shariah-compliant under IFSA 2013
- No compounding interest on late payments (ta'widh structure)
Cons
- Best profit rates still limited to government/GLC employees
- Branch-based for most applications — limited digital experience
- Processing fee 1% applies
Full specifications
| Interest Rate | 4.50% – 7.00% p.a. |
| Effective Rate | 8.20% p.a. |
| Rate Type | flat |
| Loan Amount | RM 2,000 – RM 200,000 |
| Tenure | 12 – 120 months |
| Min Income | RM 1,000/month |
| Age | 18 – 60 years |
| Apply Online | Yes |
| Approval Time | ~5 business days |
How does BSN Personal Financing-i compare?
See how it stacks up against other personal loans from Malaysian banks.
Data sources:
- Rates verified: 13 Apr 2026