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BSN Personal Loan in 2024, Your Path to Financial Freedom

Discover BSN personal loan in 2024. Learn about eligibility, interest rates, and how to calculate your monthly payments with BSN's Loan Calculator. Get started on your financial journey today! 

BSN Personal Loan in September 2023

Many Malaysians are looking for ways to achieve their financial goals and dreams. 

Whether it's starting a new business, renovating a home, or pursuing higher education, having access to the right financial resources is crucial. 

One option to consider is the BSN Personal Loan, specifically BSN MyRinggit, which can help you turn your aspirations into reality.

Eligibility for BSN Personal Loan (MyRinggit)

Before we delve into the details of BSN's personal loan offerings, let's first understand who is eligible to apply: 

  • Malaysian citizen aged between 18 and 60 years old (subject to retirement age at the end of the loan tenure).

  • Employed in the government sector, GLA (Government-Linked Agency), GLC (Government-Linked Company), or organizations with salary deduction facilities through BPA (Biro Perkhidmatan Angkasa).

  • Minimum monthly income of RM1,500.

  • Permanent employees with a tenure of at least 3 months or contract/temporary employees with over 12 months of service.

  • BSN GIRO/i account holder.

Documents Required

  • A copy of NRIC (both sides)

  • Confirmation letter from employer

  • Latest 2 months' salary slip 

Loan Options and Interest Rates

BSN offers both Fixed Rate and Floating Rate options for their personal loans. Here's a breakdown of the interest rates:

  • Fixed Rate: 4.60% to 5.30%

  • Floating Rate: SBR (Base Rate) + 2.60% to SBR + 4.62%

  • Interest Rate without Insurance: Additional 1% from the above interest rates

Loan Limits

You can borrow a minimum of RM5,000 and a maximum of RM400,000 through BSN's personal loan program. 

The loan tenure can extend up to 10 years, giving you ample time to repay the borrowed amount.

Calculate Your Monthly Payments

Curious about how much your monthly payments would be?

BSN offers a convenient Loan Calculator to help you estimate your payments based on your desired loan amount and interest rate. 

Let's take a look at some sample calculations:

Loan Amount: RM100,000

  • Loan Period: 10 years
  • Interest Rate: 2.60%
  • Total Monthly Payment: RM8,451.16

Loan Amount: RM10,000

  • Loan Period: 10 years
  • Interest Rate: 2.60%
  • Total Monthly Payment: RM845.12

Loan Amount: RM50,000

  • Loan Period: 10 years
  • Interest Rate: 2.60%
  • Total Monthly Payment: RM4,225.58

Loan Amount: RM200,000

  • Loan Period: 10 years
  • Interest Rate: 2.60%
  • Total Monthly Payment: RM16,902.32

Loan Amount: RM300,000

  • Loan Period: 10 years
  • Interest Rate: 2.60%
  • Total Monthly Payment: RM25,353.48

Please note that these calculations are estimates and are provided for illustrative purposes. The actual loan terms and monthly payments may vary based on the accuracy of the information provided.

Apply for BSN Personal Loan

Ready to take the next step towards achieving your financial goals? 

You can apply for a BSN Personal Loan online by visiting the official BSN website here


In 2024, BSN's MyRinggit personal loan offers Malaysians a valuable opportunity to secure financial assistance for various purposes. 

With flexible loan terms, competitive interest rates, and a user-friendly Loan Calculator, BSN is empowering individuals to embark on their journey towards financial freedom. 

Don't miss out on this chance to turn your dreams into reality with BSN Personal Loans. Apply today and take that first step towards achieving your financial goals!

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