Notice
From 8 January 2024, we will be introducing the “cooling period” for Baiduri b.Digital Personal web and mobile app.

Achieve your goals with our financing solutions

Secure new beginnings with our Personal Loan and Home Ownership Loan promotion from now until 15 March 2024.



  • Terms & Conditions
    Personal Loan and Home Ownership Loan Promotion (“this Promotion”) Terms and Conditions:

    1. Term

    1.1 This Promotion is valid from 24 January 2024 to 15 March 2024 (both dates inclusive) or such other date(s) as may be determined by Baiduri Bank Sendirian Berhad (the “Bank”) at its discretion (the “Promotion Period”).

    2. Eligibility

    2.1 This Promotion is open to new and existing individual customers of the Bank who meet all of the following eligibility criteria (“Eligible Applicants”):

    a) a Brunei Citizen or a Brunei Permanent Resident or an Eligible Foreigner;

    b) apply for a Personal Loan and/or Home Ownership Loan during the Promotion Period with the minimum loan amount and tenor as follows; and


    Personal Loan

    Brunei Citizens and Permanent Residents

    Eligible Foreigners

    Minimum loan amount

    BND10,000

    BND10,000


    Minimum loan tenor

    Three (3) years

    One (1) year


    Home Ownership Loan

    Brunei Citizens and Permanent Residents

    Minimum loan amount

    BND100,000

    Minimum loan tenor

    Ten (10) years


    c) satisfy all Personal Loan and/or Home Ownership Loan eligibility criteria prescribed by the Bank.

    2.2 For the purpose of this Promotion, an “Eligible Foreigner” is defined as follows:

    a) Foreigner born in Brunei Darussalam; or
    b) Foreigner working in Brunei Darussalam and married to a Brunei citizen; or
    c) Foreigner working in Brunei Darussalam for more than 10 years; or
    d) Foreigner earning a directorship or partnership fee in Brunei Darussalam.

    2.3 This Promotion is only applicable to the following types of loans:

    a) Personal Loan – New applications, top-up applications and balance transfers from other financial institutions; and

    b) Home Ownership Loan – New applications for the construction and/or purchase of residential property for own occupancy.

    2.4 The approval of the Personal Loan and/or Home Ownership Loan is subject to full satisfaction of the Bank’s criteria including credit assessment and documentation requirements.

    2.5 Employees of the Bank, Baiduri Finance Berhad and Baiduri Capital Sendirian Berhad are not eligible to participate in this Promotion.

    3. The Promotion

    3.1 Eligible Applicants applying for a Personal Loan will be entitled to the following offers:

    3.1.1 A Promotional Effective Interest Rate (“EIR”)1  of 6.25% on the approved Personal Loan amount.

    3.1.2 Shopping Vouchers for the first fifty (50) approved Personal Loan applications subject to the following conditions:

    (a) The Personal Loan application is approved during the Promotion Period and the loan amount is fully disbursed within twelve (12) months of the approval date; and

    (b) In addition to the abovementioned 3.1.2 (a), for top-up applications, the minimum incremental loan amount approved must be BND10,000, as illustrated in the table below:

    1EIR is floating and linked to the Base Lending Rate (“BLR”). For the avoidance of doubt, the BLR is currently at 5.5% and subject to change at the Bank’s discretion.

    No.

    Approved Top Up Loan Amount (BND)

    Existing Outstanding Loan Amount (BND)

    Incremental Loan Amount* (BND)

    Eligible for Shopping Voucher?

    1.

    12,000

    5,500


    6,500

    No

    2.

    15,000

    3,000

    12,000

    Yes


    * Incremental Loan Amount = Approved Top Up Loan Amount – Existing Outstanding Loan Amount

    3.1.3 The value of the Shopping Voucher given will be based on the approved Personal Loan amount as follows:

    Approved Loan Amount (BND)

    Shopping Voucher Value (BND)

    50,000 and above

    800

    25,000 to 49,999

    400

    10,000 to 24,999

    200


    3.1.4 Eligible Applicants who are entitled to the Shopping Voucher will be contacted by the Bank with instructions on how to redeem the Shopping Voucher via a phone call to the Eligible Applicant's registered phone number(s) within two (2) weeks of the loan disbursement date.

    3.2 Eligible Applicants applying for a Home Ownership Loan will be entitled to the following offer:

    3.2.1 A Promotional Effective Interest Rate (“EIR”) 2 on the approved Home Ownership Loan amount as below:

    Promotional EIR

    Brunei Citizens and Permanent Residents

    Eligible Foreigners


    • 4.25% (Perpetuity)
    • 4.5% (Leasehold/Strata)

    • 5.50% (Leasehold/Strata)



    3.2.2 Cash Rebate for the first twenty-five (25) approved Home Ownership Loan applications, subject to the Home Ownership Loan application being approved during the Promotion Period and the loan amount is fully disbursed within twelve (12) months of the issuance of a Facility Offer Letter to the Eligible Applicant.

    3.2.3 The value of the Cash Rebate given will be based on the approved Home Ownership Loan amount as follows:

    Approved Loan Amount (BND)

    Cash Rebate Amount (BND)

    400,000 and above

    2,000

    250,000 to 399,999

    1,500

    100,000 to 249,999

    1,000



    3.2.4 The Cash Rebate amount will be credited into the Eligible Applicant’s active Baiduri Bank Current Account or Savings Account within two (2) weeks of the date of full loan disbursement, provided that the Eligible Applicant’s active Baiduri Bank Current Account or Savings Account is in good standing as determined by the Bank.

    3.2.5 The Bank is entitled to clawback the Cash Rebate from the Eligible Applicant’s account in the event the approved loan with the Bank is transferred to other financial institutions or partially/fully settled by the Eligible Applicant or third parties (including the Government of Brunei Darussalam and its entities) within twelve (12) months of the date of full loan disbursement.

    4. General

    4.1 This Promotion is governed by the Bank’s terms and conditions on the related products and any other documents forming the banking agreement.

    4.2 The Bank may, at any time and without prior notice or liability to any party, suspend or terminate this Promotion or vary these terms and conditions.

    4.3 This Promotion is not valid with other offers, privileges or promotions unless stated otherwise.
    4.4 The Bank reserves the right to determine at its sole and absolute discretion all matters arising out of or in connection with this Promotion. Its determination of all matters relating to this Promotion shall be final and conclusive and no correspondence will be entertained.

    4.5 By participating in this Promotion, Eligible Applicants hereby:

    • Agree to be bound by these terms and conditions; and
    • Consent to their personal data being collected, processed, and used by the Bank in accordance with the Group Privacy Policy, which may be viewed at https://www.baiduri.com.bn/legal-notice/privacy-policy.

    4.6 These terms and conditions shall be governed by and construed in accordance with the laws of Brunei Darussalam.

    4.7 All other terms and conditions for the Personal Loan and Home Ownership Loan remain unchanged and apply to this Promotion. For more information on the products, please refer to the product terms and conditions linked for Personal Loan here and Home Ownership Loan here.

    2EIR is floating and linked to the Base Lending Rate (“BLR”). For the avoidance of doubt, the BLR is currently at 5.5% and subject to change at the Bank’s discretion
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Important update
19 September 2023

We would like to inform you that with effect from 31 October 2023, Business i-Banking service will no longer be operational, and this will be replaced with our new Baiduri b.Digital Business service.

If your company has not transitioned to b.Digital Business, please ensure that every existing user provides the following by 8 October 2023 through the Business i-Banking Inbox:
  • User’s full name
  • User’s valid Identification Card (IC) or Passport
  • User’s mobile number
  • User's company assigned email address (General company email is not accepted e.g., [email protected])

Alternatively, you can complete the b.Digital Business Amendment Form and submit the form(s) directly to Baiduri Digital Hub, Ground Level, Baiduri Bank Headquarters.

Every user will receive a notification email at their registered email address, once they have been migrated and activated on the b.Digital Business service.

Companies who have not moved to b.Digital Business after 31 October 2023 can re-apply as a new subscriber to the b.Digital Business service. This will require additional documentations to be submitted as part of the application. Refer “Required Documents” here.

Important notice: Our Business i-Banking service will be deactivated soon. To ensure continued access and a smooth transition to the new Baiduri b.Digital Business, please provide your full name, IC, email address and mobile number via Business i-Banking Inbox. If we do not receive updated details from all authorised users, your company will not be migrated to the new platform and a fresh application will be required. For assistance, contact us at [email protected] or call 2268 637/8/9 during business hours. Thank you for your cooperation.

To strengthen our online security measures, effective 8 January 2024, we will introduce the cooling period feature on our Baiduri b.Digital Personal web and mobile app to prevent unauthorised access.

Click here for more information.

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