How to apply Cimb Cash Plus Personal Loan online application
CIMB Bank offers a variety of personal loans to its clients. These include CIMB Cash Plus personal loans, Xpress Cash-I Financing, ASB-certified Secured-i Funding, and CIMB Covered Overdraf. They all provide their own privileges to the customer. Therefore, CIMB Cash Plus is one of the personal loans offered by the banking institution CIMB Bank to its customers. This personal loan is an unsecured loan and can be applied for without the need for a guarantor.
The amount of loans offered through CIMB Cash Plus is up to RM100,000, with a repayment period of up to 5 years.
Many privileges are offered to CIMB Cash Plus lenders, among them that lenders can collect cashbacks granted up to RM4,000, fixed interest rates are offered from as low as 7.88% to 19.88% a year, and no additional fees are charged to lenders such as processing fees, early settlement fees, no locked-in periods, and no duty stamp.
After all, the advantages offered by these can attract borrowers to make personal loans for emergency and personal purposes.
How To Apply Cimb Cash Plus Personal Loan
Customers who are interested in making a personal loan at CIMB Bank can choose the CIMB Cash Plus loan.
This personal loan can be applied for online. Here are the ways to apply for this CIMB Cash Plus loan:
- Visit the website https://www.cimb.com.my as shown in Figure 1.0.
- Click on the “Apply Now” button.
- Enter required information such as total monthly income, loan amount, and loan tenure as desired by the applicants.
- Next, click on the “Apply” button.
- Enter the applicant’s personal details completely and correctly.
- Click on the “Proceed” button.
- After completing the application information, click on the “Submit” button.
- Finally, the applicant’s application succeeded.
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What Is The Minimum Salary For Cimb Personal Loan
One of the significant qualifications is the applicant’s minimum salary for this CIMB Cash Plus personal loan application.
The minimum salary of the applicant must be above RM2,000 to allow the client to apply for this loan.
This minimum rate is set in order to ensure that the customer is able to make a repayment of this loan without any delay in accordance with the tenure established by the bank.
How Much Cimb Cash Plus Rate
Every bank institution that offers personal loans will charge interest rates to the borrower.
The interest rate applied to personal loan borrowers is one of the highest.
The interest rate charged to CIMB Cash Plus borrowers is as low as 7.88% up to 19.88% a year.
How Long Does It Take For A Cimb Cash Plus Loan To Be Approved
The approval of a CIMB Cash Plus personal loan application is dependent on the commitment and monthly income of the applicant.
However, the approval period for CIMB Bank’s personal loan by an eligible applicant is within 24 to 48 hours.
However, it may take up to two (2) weeks to be approved, depending on the applicant’s own qualifications.
How To Check CIMB Cash Plus Loan Status
Customers who successfully apply for a CIMB Cash Plus personal loan can check their application status.
This verification can be done online via the website https://www.cimb.com.my, as shown in Figure 2.0.
Applicants must enter their identity card number and their loan application number and click on the “Next” button. The status of the application will be shown to the applicant.
Can I Loan Twice On CIMB
Personal borrowers of CIMB Cash Plus may choose to apply for a second loan. However, it is subject to credit approval by CIMB Bank.
This approval depends on the borrower’s income, commitment, and monthly payment status for the previous personal loan.
If all of the requirements are met beautifully, then the second personal loan will be granted to the borrowers.
Can I Pay Loan In Advance
Personal borrowers may choose to make advance payments for their personal loans.
Nevertheless, it is subject to the terms of the loan. For CIMB Cash Plus personal loans, the borrower will not be charged any fee for paying the loan in advance.
However, some banking institutions impose charges on the borrower if they pay their loans in advance.