E-ZI TUNAI PERSONAL LOAN

Interest rate chargeable is on Risk Based Pricing. The Flat Interest Rate ranging from 6.88% to 24% per annum (equivalent to an Effective Interest Rate ranging from 6.88% to 41.70% per annum depending on loan tenure), varies for each customer. Various factors are taken into consideration to determine the final interest rate chargeable example: credit records, repayment behavior, loan tenure etc.

Example 1: Customer with rich credit records, good repayment behavior may have lower interest rate chargeable.

Example 2 : Returning customers with good credit and repayment history will enjoy more competitive rates.

CIMB e-Zi Tunai distributed via CashLoan, is a flexible product that allows customers to borrow based on a needs basis which includes small loan amounts and shorter loan tenures. This makes e-Zi Tunai more affordable in terms of total interest payable for a similar loan amount.

Below is an example of the interest rate chargeable for CIMB e-Zi Tunai in comparison to “A Credit” Personal Financing whereby a user decides to take a RM1,000 loan for 3 weeks at 24% per annum will only be charged RM14 in interest compared to “A Credit” Personal Financing where there are no options for shorter tenure:

Note: The calculation is for simulation purpose only. Please refer to final approved loan details during loan acceptance stage.

The disclosure of interest rate and terms of the loan, is accessible by customer at any point of time and at all stages of application.

Note: The loan assessment and decision conform to the regulatory guidelines such as Responsible Financing Guideline and Guidelines on Product Transparency and Disclosure.