MBSB Bank provides a detailed repayment schedule under its Personal Financing-i products in 2025 to help borrowers plan their commitments with greater accuracy. The repayment table covers financing amounts from RM10,000 up to RM400,000 with flexible repayment tenures ranging from 2 to 10 years, catering to both private sector (swasta) and government employees. Profit rates are benchmarked against the Standard Base Rate (SBR), with current promotional campaigns offering rates starting as low as 2.82% per annum, while the standard indicative structure is set at SBR + 3.05% per annum.
For example, under the updated 2025 rates, a loan of RM50,000 over 5 years would require monthly repayments of slightly under RM950, while a larger financing of RM200,000 over 7 years would result in monthly instalments of around RM2,700. These repayment tables provide borrowers with clear visibility of their monthly obligations and long-term costs, enabling better comparison and affordability assessment. To further assist applicants, MBSB continues to offer an online instalment calculator on its official website, allowing users to generate real-time simulations of their repayment schedule before applying.
MBSB Bank Personal Loan Table
How Does the MBSB Personal Loan Table Work for Swasta Employees?
The MBSB Personal Loan Table for swasta (private sector) employees works as a repayment guide, allowing borrowers to identify their expected monthly instalments based on the loan amount and chosen tenure. The table is structured to show fixed repayments across financing amounts ranging up to RM400,000 with tenures between 2 to 10 years. For private sector employees, the applicable profit rates are usually the standard rates set by the bank, unless they fall under a promotional campaign. For example, in the 2024 X-Change Campaign PDF, a loan of RM30,000 over 7 years translated into a monthly repayment of around RM450, illustrating how the table provides a clear breakdown of obligations.
The repayment table also reflects campaign-specific terms where promotional profit rates apply. For instance, during campaigns like X-Change X-TRA, certain financing packages were offered at lower profit rates, such as 4.99% per annum for selected tenures, making instalments more affordable compared to the standard structure. Since profit rates and campaign offers are revised from time to time, borrowers are advised to always refer to the latest repayment table available on MBSB Bank’s official website or request the most recent brochures at a branch to ensure accurate planning before applying.
What Are the Key Components of the MBSB Personal Loan Table?
The MBSB Personal Loan Table is built around three main components, loan amount, tenure, and profit rate, which together determine the monthly instalment a borrower must pay. The table is arranged so that applicants can cross-check their financing amount against the chosen repayment period to see the exact monthly obligation. For instance, under the 2023 X-Change Campaign, a loan of RM100,000 over 10 years at a 6% profit rate resulted in monthly repayments of about RM1,110, demonstrating how the table translates figures into a fixed schedule for easier financial planning.
Beyond instalments, the table often highlights additional terms that affect the overall cost of borrowing. These may include processing fees, agency fees, or late payment charges, as well as clauses on early settlement. For example, the Mumtaz-i package explicitly specifies no penalty for early repayment, making it more flexible than some other products where early settlement may not include rebates. Since terms can differ between packages and promotional campaigns, borrowers are encouraged to review both the repayment table and the financing agreement carefully before committing.
Where to Download the MBSB Bank Personal Financing-i Repayment Table (PDF)
You can download the latest 2025 MBSB Bank Personal Financing-i X-Change/X-TRA Campaign repayment table in PDF format directly from the bank’s official site. The PDF flyer, titled “Personal Financing-i X-Change X-TRA (effective 17 July 2025)“, clearly presents the monthly instalment tables, profit rates, and financing terms for amounts up to RM400,000 with tenures from 2 to 10 years.
Where Can Borrowers Access the Latest MBSB Personal Loan Table?
Borrowers can access the latest MBSB Bank Personal Loan repayment tables directly from the bank’s official website under the “Personal Financing-i” section. These tables are published in PDF format and updated whenever new campaigns or profit rate adjustments are introduced. For example, special promotions such as the X-Change or X-TRA campaigns include dedicated brochures containing detailed repayment schedules, profit rates, and tenure options.
While third-party financial comparison platforms like RinggitPlus or iMoney may provide summaries of loan features, the most reliable and accurate repayment tables are always found in the official PDFs provided by MBSB Bank. These documents are refreshed periodically, sometimes quarterly, to reflect the latest Standard Base Rate (SBR) movements and campaign terms. Borrowers are strongly encouraged to download the most recent PDF from MBSB’s website or request a copy from a branch to ensure they are referring to the correct repayment figures.
How Do Government and Swasta Employee Terms Differ in the Loan Table?
Government employees often qualify for preferential terms, such as extended tenures or lower profit rates, compared to swasta borrowers. The 2023 X-Change Campaign table shows civil servants accessing 12-year tenures, while private sector workers are capped at 10 years. Profit rates for government staff may also be 0.5% lower due to payroll deduction agreements.
Private sector applicants must provide additional documentation, such as EPF statements or bank records, to prove income stability. Their loan approval hinges on stricter debt-to-income ratios, typically below 60%.
What Are the Current Profit Rates in MBSB’s Loan Tables?
As of 2024, profit rates in MBSB’s tables range from 4.99% to 6.5%, depending on the campaign and borrower profile. The X-Change X-TRA campaign offers a limited-time rate of 4.99% for loans above RM50,000 with 5-year tenures. Standard rates for swasta employees hover near 5.5%–6%, as per the bank’s April 2024 updates.
Rates are fixed for the loan term but may vary if the borrower opts for flexi-repayment features. The Afdhal-i product, for example, allows rate reductions after 24 consecutive on-time payments.
How Does Loan Tenure Affect Monthly Payments in the Table?
Longer tenures reduce monthly installments but increase total interest paid. A RM20,000 loan over 2 years at 5.5% costs RM880 monthly, while a 5-year term drops payments to RM382 but raises total interest by RM1,920. The table clearly illustrates this trade-off, helping borrowers balance affordability and cost.
Tenures beyond 7 years require higher eligibility scores. Swasta applicants with salaries below RM3,000 monthly may face tenure restrictions, as noted in MBSB’s 2023 financing guidelines.
Are There Penalties for Early Loan Settlement in MBSB’s Tables?
Most MBSB personal loans impose no early settlement penalties, a feature highlighted in the Mumtaz-i product tables. However, standard products like Personal Financing-i may charge a 1% fee on the outstanding balance if repaid within the first 3 years. Borrowers should confirm this in their agreement, as campaign-specific terms may override defaults.
Early settlement reduces total interest. For a RM50,000 loan repaid 2 years early, savings can exceed RM3,000, assuming a 5.5% profit rate.
How Accurate Are the Payment Estimates in MBSB’s Tables?
The tables provide precise estimates based on fixed profit rates and compounding formulas. Discrepancies may arise if borrowers miss payments or opt for variable-rate adjustments mid-tenure. The bank’s online calculator supplements the PDF tables, allowing real-time adjustments for different scenarios.
For verification, borrowers can request a customized repayment schedule during application. MBSB branches provide printed copies upon approval, ensuring alignment with the advertised tables.
What Should Borrowers Verify Before Using the Loan Table?
Before relying on the table, borrowers must confirm their eligibility for the listed rates. Factors like credit score, employment sector, and existing debt alter final terms. A swasta employee with a CTOS score below 650, for instance, may receive a 6.5% rate instead of the advertised 5.5%.
Cross-referencing the table with MBSB’s latest terms and conditions is essential. Campaigns like X-Change 2024 may exclude part-time workers or require minimum salary thresholds of RM2,500 for swasta applicants.
How Often Does MBSB Update Its Personal Loan Tables?
MBSB revises tables quarterly or during campaign launches. The X-Change X-TRA flyer from April 2024 superseded the 2023 version, adjusting rates by 0.25% for certain brackets. Subscribers to MBSB’s newsletter receive update alerts, while third-party sites may lag by weeks.
Archived tables remain accessible for comparison. The June 2023 and January 2024 PDFs show the bank’s shift toward shorter tenures for swasta borrowers, reflecting tighter lending policies.
Can Borrowers Negotiate Terms Outside the Published Table?
Negotiation is limited to fringe cases, such as high-net-worth applicants or corporate tie-ups. Standard swasta borrowers must adhere to table rates. Exceptions require managerial approval and additional collateral, as stated in MBSB’s financing policy documents.
Borrowers with existing relationships, like MBSB savings account holders, may access loyalty discounts. These are applied post-approval and do not appear in public tables.
What Documentation Is Needed to Apply After Reviewing the Table?
Swasta employees must submit 3 months’ payslips, EPF statements, and a copy of their IC. Government staff replace payslips with appointment letters. The table’s accuracy hinges on correct income reporting discrepancies during verification can invalidate the projected installments.
Self-employed applicants follow different criteria, requiring 6 months’ bank statements and SSM registration. Their rates are typically 1% higher than salaried workers, as per MBSB’s 2024 eligibility guidelines.
How Does MBSB’s Loan Table Compare to Other Banks?
MBSB’s tables are competitive for swasta borrowers, with rates 0.5%–1% lower than some conventional banks. A RM30,000 loan at 5.5% over 5 years costs RM573 monthly at MBSB versus RM623 at a 7% competitor. However, Islamic banks like Bank Rakyat offer similar rates with longer tenures.
The bank’s edge lies in flexible prepayment and government employee perks. Third-party comparisons on iMoney.my rank MBSB among Malaysia’s top 5 for personal loan affordability.
Are There Hidden Costs Beyond the Table’s Monthly Payments?
Processing fees of 1%–3% of the loan amount apply but are excluded from the table. The X-Change 2024 campaign waives this fee for government borrowers, while swasta workers pay 2%. Late payment penalties of 1% per month are also not listed but detailed in the loan agreement.
Insurance premiums may be bundled for loans above RM50,000, adding RM10–RM50 monthly. Borrowers must review the full fee breakdown before signing.
What Happens If a Borrower Misses a Payment Listed in the Table?
Missed payments incur late charges and compound interest, increasing the total debt. The table’s figures assume strict adherence to the schedule. After 90 days of delinquency, MBSB may revise the profit rate upward by 2%, as per their default policy.
Borrowers can request payment deferments under financial hardship, but this extends the tenure and total interest. The original table becomes void in such cases.
How Does the Loan Table Account for Variable Profit Rates?
Fixed-rate loans dominate MBSB’s tables, but variable-rate products like Afdhal-i list a range (e.g., 5.5%–7%). The table shows worst-case scenarios, with footnotes explaining adjustment triggers like OPR changes. Government-linked loans are more likely to have fixed rates.
Borrowers should confirm rate type before applying. Variable-rate loans in the table may display two columns for minimum and maximum possible payments.
Can Borrowers Switch Tenures After Seeing the Table?
Tenure changes require reapplication and credit reassessment. A borrower approved for 5 years cannot extend to 7 years without submitting updated documents. The new terms will reflect current rates, which may differ from the original table.
Early tenure reductions are simpler but may involve reprocessing fees. MBSB’s 2023 terms allow one free adjustment within the first year.
What Legal Protections Apply to Borrowers Using MBSB’s Tables?
Malaysia’s Consumer Credit Act mandates that all loan terms, including table data, be clearly disclosed. MBSB must honor the rates and tenures in the table for approved applicants. Errors in the table entitle borrowers to compensation if proven misleading.
Disputes are handled through Bank Negara Malaysia’s mediation unit. Borrowers should retain copies of the table used during application as evidence.
How Do Borrowers Calculate Total Interest From the Table?
The MBSB Personal Loan table allows borrowers to estimate their total financing cost by using the monthly instalment values provided. The calculation is straightforward: multiply the monthly repayment by the total number of months in the tenure to obtain the total repayment amount. Then, subtract the original loan principal to determine the total profit cost (commonly referred to as “interest” in conventional loans). For example, if a borrower takes a RM40,000 loan over 4 years at a 6% profit rate with a monthly instalment of RM940, the total repayment would be RM45,120 (RM940 × 48 months). Subtracting the principal of RM40,000 leaves a total profit of RM5,120.
Although the table displays results in a way similar to conventional interest-bearing loans, it is important to note that MBSB’s Personal Financing-i is Shariah-compliant, meaning it avoids riba (interest). Instead, it applies a pre-agreed profit rate under Islamic financing contracts. The repayment table simplifies this by showing fixed monthly obligations, making it easier for borrowers to compare loan sizes and tenures without needing to manually apply complex financing or profit formulas.