Overview
At RHB Bank, we offer you ASB Financing to finance the purchase of
your ASB units. Enjoy high margin financing, low interest rates,
flexible loan tenures and optional insurance coverage, financed by us.
For further information, do give us a call at 03 - 9206 8118 or visit our nearest branches.
Product Features :
| INTEREST RATES |
Term Loan (TL)
RM10,000 to RM49,999 without GRTA
BLR – 1.25%
RM10,000 to RM49,999 with GRTA
BLR – 1.40%
RM50,000 & above without GRTA
BLR – 1.40%
RM50,000 & above with GRTA
BLR – 1.55%
ASB Interest Only Package (ASB5)
BLR – 1.00%
Overdraft (OD) against ASB / ASW
BLR - 1.00% |
| LOAN TENURE |
1 year to 20 years or 60 years old whichever is earlier |
| LOAN AMOUNT |
Min. RM10,000
Max. Up to individual's ASB investment limit |
| MARGIN OF ADVANCE (MOA) TL FOR ADDITIONAL / NEW ASB INVESTMENT |
Up to 100% + 5% (GRTA) |
| TL AND OD FOR PERSONAL CONSUMPTION ON UNENCUMBERED ASB CERTIFICATE |
95% of ASB certificate |
| INSURANCE |
Optional, financed by Bank |
| MODE OF REPAYMENT |
Standing Instruction (SI) |
| CUSTODIAN FEE |
Term Loan (TL)
RM100
Term Loan (TL)/ Overdraft (OD) against unencumbered ASB certificate
RM150 per certificate |
| DOCUMENTS REQUIRED |
- Photocopy of identity card
- Photocopy of ASB passbook
- 1 month pay slip/other proof of income e.g. bank account statement
|
| EXIT FEE |
1st 2 years
3% of approved loan amount
3rd to 5th year
1% of approved loan amount if settled by liquidation of certificates. However, NO exit fee if settled by own funds from 3rd year to 5th year. |
Disclaimer Statement
The Master Prospectus of the unit trust funds of ASNB dated June 30, 2009, has been registered with the Securities Commission and is available at any office of ASNB and its agents. Units will be issued upon receipt of the registration form as enclosed in the Master Prospectus. Before investing, please read and understand the content of the Master Prospectus. Total return on the investments may go down as well as up. Past performances of the unit trust funds of ASNB are not guarantees of future performances. Before investing, kindly consider the fees and charges involved.
