Personal Loan KUWAIT FINANCE HOUSE (KFH)
For Government Employees & Statutory Bodies
Kuwait Finance House (KFH) is an Islamic banking group originating from Kuwait. This bank is amongst the fasted growing banks in Bahrain, Turkey, Jordan, Saudi Arabia, UAE, Oman, Bangladesh, Singapore and Malaysia. Currently KFH is partnering with COSHARE Holding Berhad and I.Destinasi Sdn Bhd (IDSB) to offer its products for private financing to employees of the government and statutory bodies. COSHARE provides a salary deduction code for your employer, just like service bureau ANGKASA or BSN. The financial products of KFH also include investment products, corporate business, housing and others.
GOOD NEWS: From March 2013 this KFH loan is also available wrapped in the new Package MTQ-Murabahah Tawarruq (via IDSB) and Package MAB-Masraf Al Barakah (via COSHARE). While the monthly installments and interest rate remain at 3.99%, the payout is slightly lower at 93-94%. The benefit? Both packages (MTQ & MAB) do not consider outside payslip commitments such as your existing Car Loan, Housing Loan, ASB or any other existing Bank Loan. The CCRIS (Bank Negara) will not be checked! However, your CTOS must be clean or at least below RM25,000.
While with the traditional KFH Package your CCRIS will be checked, your loan amount being limited by commitments outside the payslip (or your loan even get rejected because of too high financial commitments), the new packages let you enjoy the full amount up to 60% deduction from your fixed gross salary (no CCRIS checked!). If you have no other loans and a clean CCRIS however, we still recommend to apply for the traditional package with 97% payout.
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While with the traditional KFH Package your CCRIS will be checked, your loan amount being limited by commitments outside the payslip (or your loan even get rejected because of too high financial commitments), the new packages let you enjoy the full amount up to 60% deduction from your fixed gross salary (no CCRIS checked!). If you have no other loans and a clean CCRIS however, we still recommend to apply for the traditional package with 97% payout.
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Promotion Personal Finance-i
Up to RM 200,000 and 20 years
With immediate effect (from 08 July 2013) the tenure for all Personal Financing products in Malaysia will be restricted to maximum 10 years, following the recent change of guidelines and announcement made by Bank Negara Malaysia (BNM) to reinforce a responsible lending practice amongst all financial institutions. This new guideline by BNM applies to all Malaysian Banks and Koperasi !
FOR GOVERNMENT EMPLOYEES ONLY !!!
PRIVATE SECTOR CLICK HERE >>  Kuwait Finance House (KFH) 
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Monthly Installment Table for Personal Loan KUWAIT FINANCE HOUSE (KFH) via IDSB (2013)
| Calculation for Maximum Loan KFH | ||
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Example Calculation:
RM 1200 (Basic Salary)
+ RM 500 (Monthly Allowances) = RM 1700 x 60% = RM 1020 - RM 200 (Total Deductions)
= RM 820 (Available for Loan)
Years: 60 - Age (max. 20 years) |
Amount Available: Monthly Installment: Max. Years: Max. Loan:
You are NOT ELIGIBLE !
(Contact us for Overlap)
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