Get Quick Funds with a Personal Loan from Bank Simpanan Nasional (BSN)

Looking for fast access to funds? Bank Simpanan Nasional (BSN) offers personal loans that are affordable and flexible, specially designed to meet your financial needs. Apply now for a personal loan with BSN and enjoy competitive rates and customized solutions.

Personal Financing Facilities: ASB Loan (SPD ASB) With Floating Rate

ASB Loan is another form of term loan to purchase ASB unit trust.

Product Eligibility

All qualified ASB investors under the ASNB guidelines. Aged 18 to 60 years old at the end of the loan tenure. Permanent Employee or Self-employed.

Document Required

For Permanent Employee:

One (1) copy of NRIC (front and back). One (1) copy of ASB passbook. One (1) copy of latest two (2) months pay slip.

For Self-Employed:

One (1) copy of NRIC (front and back). One (1) copy of ASB passbook. One (1) copy of latest three (3) months bank statement.

Note: All document copies to be certified by BSN’s officer.

Personal Loan BSN Limit/ Amounts

Loan amount will be in multiple of RM1, 000 and subject to the following limit :

Financing Rates

Late Payment Charge

Monthly installments in Arrears × 1% × Number of Days Overdue/ 365

Personal Loan BSN Executive-1

An exclusive personal loan package catered especially for executives. Applicant Eligibility must be Malaysian citizen aged 21 to 55 / 60* years old at the end of the loan tenure. The application is dedicted to permanent & contract officers and staff that have minimum three (3) years of working experience.

Offered only to Employees of Premier Developer Panel, Private Hospital, Telecommunication Company, Licensed Financial Institution, Multinational Company, PETRONAS Group of Companies, Selected Private University & College, Statutory Body, Government Link Company, Selected Public Listed Company in Main Market Bursa Malaysia (Financial, Plantation,Property, Technology,Trading / Service, Industrial Product, Consumer Sectors only) and Professionals (Doctor, Architect, Lawyer, Accountant and other certified Professionals).

Minimum gross income of RM3,000 per month (permanent staff) & RM10,000 per month (contract staff) and BSN GIRO / GIRO-i Account holders.

Note: *Subject to employer confirmation.

Documents Required

• A copy of latest three (3) months’ Salary Slips
• A copy of your NRIC (both sides)
• Latest EPF Statemen
• Confirmation Letter by Employer stating the below such as Name and NRIC, Designation and Employment Status, Monthly salary and Date of Employment OR
• Latest EA / EC Statement and latest e-filing form or any verified documents by the Inland Revenue Board (LHDN).

Note: *Subject to the current Terms & Conditions.

Product Features

Mode of payment is via standing Instruction from other Financial Institutions where the customer salary account is credited. BSN Standing Instruction. ATM/CDM and IBG (Interbank Giro).

Personal Loan BSN Limit / Rate

Minimum Loan: RM10,000

Late Payment Charge

• Monthly Instalments in Arrears×1%× Number of Days Overdue⁄ 365.

Exec-1 Personal Loan BSN with Floating Rate

An exclusive personal loan package offered only to employees of Premier Developer Panel, Private Hospital, Telecommunication Company, Licensed Financial Institution, Multinational Company, PETRONAS Group of Companies, selected Private University & College, Statutory Body, Government Link Company, selected Public Listed Company in Main Market Bursa Malaysia (Financial, Plantation, Property, Technology, Trading / Service, Industrial Product, Consumer Sectors only) and Professional (Doctor, Architect, Lawyer, Accountant, and other certified Professionals).

The best package for executive out there. Apply now and enjoy the benefit. All application must be subject to employer confirmation

The minimum gross salary require with great benefit to enjoy. See product eligibility below

Product Eligibility

Malaysian citizen. Aged 21 to 55 / 60* years old (subject to the retirement age). Open to Executive and above that has been employed ≥ 1 year. Minimum Gross Income: RM3,000 and above- Permanent Employee, RM10,000 and above – Contract Employee and BSN GIRO / GIRO-i account holder.

Note: *Subject to employer confirmation.

Documents Required

One (1) copy of NRIC (front and back);» One (1) copy of latest three (3) months pay slip;» Latest EPF statement; AND» Confirmation Letter by Employer stating the below:- Name- NRIC- Designation- monthly Salary- Date of Employment

OR

Latest one (1) year EA / EC statement and e-filing form or any verified documents by the Inland Revenue Board (LHDN).

Note:» All document copies to be certified by BSN’s officer.

Personal Loan BSN Limit (Minimum and Maximum)

Financing Rates

Late Payment Charge

• Monthly installments in Arrears × 1% × Number of Days Overdue / 365.

BSN SPD ATM (Personal Loan for Army)

• This personal loan BSN offer exclusively to Malaysian Armed Force Personnel. Malaysian citizen. Aged 21 to ≤ 60 years old (subject to retirement age during completion of the loan).
• Malaysian Armed Force (MAF) staff- Lieutenant or equivalent and above only. Permanent employee who has been employed for ≥3 months.
• Minimum gross income (basic salary + fixed allowance) of RM3,000 per month. Monthly salary payment MUST be through BSN e-Payment System. BSN GIRO/ GIRO-i account holder.

Document Required

• A certified copy of latest 2 months salary slips.»A certified copy of your NRIC (both sides).
• Confirmation letter from your employer with the below details: –
  • Name/ NRIC No.
  • Designation / Status
  • Monthly Gross Income
  • Date of Employment
  • Date of Retirement / Tarikh Tamat Perkhidmatan (TTP).
  • Letter of Consent and Undertaking for Salary Account Deduction.
  • Proof of having GIRO / GIRO-i account.

Loan Limit Min. and Max.

Min. 5k and max is RM200,000

Interest Rate

• 1 to 10 years: 4.5%
• The rate on the principal balance of the Facility shall be changed to the Default Rate (6.50%) if you commit any of the following events:
  • early retirement from MAF services
  • quit or resign from MAF services
  • terminated by MAF
  • change BSN Salary Account to other bank or financial institutions
  • fail to pay any of the Instalments in accordance with the repayment schedule as stipulated by the Bank
  • Default Rate (6.50%) will remain unchanged until end of the loan tenure.

Charge (Late Payment)

• Monthly Installments in Arrears × 1% × Number of Days Overdue ⁄ 365.

Contact Bank Simpanan Nasional Berhad (BSN)

Bank Simpanan Nasional
Wisma BSN, 117, Jalan Ampang
50450 Kuala Lumpur
Tel: +6 03 2162 3222
Fax: +6 03 2613 1888