Tuesday, 20 November 2018, 12 Rabiulawal 1440H Solat Time:
KL Imsak 5:31 | Subuh 5:41 | Syuruk 6:59 | Zohor 1:02 | Asar 4:24 | Maghrib 6:59 | Isyak 8:12

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

 

Promotional Rate for Teacher and Nurse (2 months only from 13/11/2018 to 13/01/2019)

Financing Rate Offer With Takaful Coverage

Floating Rate (Base Rate [BR])

  • 1-3 years : Base Rate (BR) + 2.12% p.a. (Profit is calculated on a daily basis based on “Monthly Rest”)
  • 4-10 years : Base Rate (BR) + 2.27% p.a. (Profit is calculated on a daily basis based on “Monthly Rest”)

Note : Current BR is 3.90% p.a.

Revised BR (effective date 13 November 2018) is 4.03% p.a.

Floating Rate (Base Rate [BR])

  • 1-3 years : Base Rate (BR) + 3.12% p.a. (Profit is calculated on a daily basis based on “Monthly Rest”)
  • 4-10 years : Base Rate (BR) + 5.02% p.a. (Profit is calculated on a daily basis based on “Monthly Rest”)

Note : Current BR is 3.90% p.a.

Revised BR (effective date 13 November 2018) is 4.03% p.a.

 

Package

Financing Rate Offer With Takaful Coverage

Flat Rate (Promotional Rate for Package and Program Customer, 2 months only from 13/11/2018 to 13/01/2019)

  • 1- 3 years : 4.20% p.a. (Profit is calculated on a monthly basis based on “Sum of Digit”)
  • 4-10 years : 4.35% p.a. (Profit is calculated on a monthly basis based on “Sum of Digit”)

Floating Rate (Base Rate [BR])

  • 1- 3 years : 2.12% p.a. (Profit is calculated on a monthly basis based on “Sum of Digit”)
  • 4-10 years : 3.02% p.a. (Profit is calculated on a monthly basis based on “Sum of Digit”)

Note : Current BR is 3.90% p.a.

Revised BR (effective date 13 November 2018) is 4.03% p.a.

 

Financing Rate Offer Without Takaful Coverage

Flat Rate (Promotional Rate for Package and Program Customer, 2 months only from 13/11/2018 to 13/01/2019)

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 : 3.12% p.a. (Profit is calculated on a monthly basis based on “Sum of Digit”)
  • 4-10 years : Base Rate (BR) + 5.02% p.a. (Profit is calculated on a daily basis based on “Monthly Rest

Note : Current BR is 3.90% p.a.

Revised BR (effective date 13 November 2018) is 4.03% 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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