Friday, 24 March 2017, 25 Jamadilakhir 1438H Solat Time:
KL Imsak 5:51 | Subuh 6:01 | Syuruk 7:15 | Zohor 1:22 | Asar 4:26 | Maghrib 7:25 | Isyak 8:34

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.

Floating Rate (Base Rate [BR])

  • 1-3 years : Base Rate (BR) + 2.25% per annum.
  • 4-10 years : Base Rate (BR) + 3.15% per annum.

Note : Current BR is 3.65% p.a.

Financing Rate Offer Without Takaful Coverage

Flat Rate

  • 1-10 years : 5.99% p.a.

Floating Rate (Base Rate [BR])

  • 1-3 years : Base Rate (BR) + 3.25% per annum.
  • 4-10 years : Base Rate (BR) + 5.15% per annum.

Note : Current BR is 3.65% 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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Bank Islam