Monday, 16 July 2018, 3 Zulkaedah 1439H Solat Time:
KL Imsak 5:38 | Subuh 5:48 | Syuruk 7:10 | Zohor 1:22 | Asar 4:46 | Maghrib 7:30 | Isyak 8:45

Package


  Features Financing Quantum

  • Based on eligibility limit and subject to minimum amount of RM10,000 and maximum amount of RM200,000

Payment Period

  • Maximum of 10 years (120 months) or up to the retirement age, whichever is earlier

Financing Rate Offer With Takaful Coverage Flat Rate

  • 1-10 years : 4.99% p.a. (Profit is calculated on a monthly basis based on “Sum of Digit”)

Floating Rate (Base Rate [BR])

  • 1-3 years : Base Rate (BR) + 2.25% p.a. (Profit is calculated on a daily basis based on “Monthly Rest”)
  • 4-10 years : Base Rate (BR) + 3.15% p.a. (Profit is calculated on a daily basis based on “Monthly Rest”)

Note : Current BR is 3.90% p.a.

Financing Rate Offer Without Takaful Coverage Flat Rate

  • 1-10 years : 5.99% p.a. (Profit is calculated on a monthly basis based on “Sum of Digit”)

Floating Rate (Base Rate [BR])

  • 1-3 years : Base Rate (BR) + 3.25% p.a. (Profit is calculated on a daily basis based on “Monthly Rest”)
  • 4-10 years : Base Rate (BR) + 5.15% p.a. (Profit is calculated on a daily basis based on “Monthly Rest”)

Note : Current BR is 3.90% p.a.

Advance Payment

  • Equivalent to 2 months installment

Eligibility

  • Applicant must be 18 years and not exceeding the retirement age at the end of payment period
  • Malaysian citizen
  • Earning a minimum fixed income of RM2,000 per month
  • Applicant must be a continued employee in any of the following:
    • Government Sector
    • Selected Public Listed Companies
    • Subsidiaries of Government or Selected Public Listed Company
    • Other Prominent Private Limited Companies as categorized under package companies listed by Bank Islam

Takaful Coverage

  • Personal Financing Takaful Plan – Optional
Wakalah Fee
  • RM50.00 – For being the customer’s agent to sell commodity to the Broker

Documents Required

  • A copy of identity card
  • Latest 3 months’ salary slip
  • Latest employer’s confirmation letter
  • Latest 3 months Bank Statements of salary crediting account

And at least one (1) of these:

  • Latest income statement (Form B/eBE/ EA/EC); or
  • Any other latest supporting document such as EPF statement, if required

Payment Method

  • Salary Deduction
  • Salary Transfer to Bank Islam with Auto-debit Instruction

Benefits

  • Competitive rate
  • No hidden charges
  • No guarantor is required
  • No deposit
  • No processing fee
  • Flexible financing tenure
  • Selling price – fixed and known
  • Fast approval

Product Disclosure Sheet

* Terms and conditions apply

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