Welcome to EONCAP Islamic Bank

Cashline Facility-i (Islamic Overdraft)

Ultimate Freedom With A Sound Financial Back-up
The Cashline Facility-i is based on the underlying Syariah concept of Bai Inah. This is a facility that provides cash flow for you. All you need is a current account opened at any EON Bank Group branch to enjoy this facility.

Features

The purpose of financing may be categorized as working capital requirement for business entity and personal use or joint account.
The facility will be given with a one-year period subject to annual renewal.
Margin of financing is dependable on the requirement and the credit standing of each applicant or any other criteria that the Bank deems appropriate.

Benefits

No excess charge
The margin of finance is up to 100%
Lower Bank's profit rate
Fixed profit rate until expiry date

Eligibility

All individuals aged 18 years old and above or joint account holders of EON Bank Group Current Account.
Sole proprietor or partnership.
Private and public limited company.

How to Apply

Individuals

Copy of identity card (both sides)
Form J or latest EA form; - Individual
Salary slip for the last one month or Letter of appointment from employer

Sole proprietor or partnership

Copy of Business Registration Certificate and Borang D (license to operate the business)
Signed financial statement for the past two years of which Balance Sheet date is not more than 18 months prior to the date of application

Private and public limited company

Certified true copy of Certificate of Incorporation by company secretary, director, public accountant or lawyer, Memorandum of Articles of Association, latest form 49 and 24 etc.

All applications are subject to the Bank’s terms and conditions.

For more information:

Visit your nearest EON Bank Group branch or call EONCAP Islamic Bank at 03-2616-1222. You may also e-mail us at eib@eonbank.com.my ..

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