Eligibility
- Individuals who are between the age of 18 and 70 years old at the end of financing tenure
- Bumiputera
Financing Amount
- Min financing amount : RM10,000
- Max financing amount: Up to RM200,000 per customer, at any one time including the balance outstanding of the existing ASB financing (if any), or up to maximum investment amount allowed by ASNB, whichever is lower
Margin of Financing
- Up to 105% (if inclusive of Personal Reducing Term Takaful (PRTT) and Will Fee (if any) inclusive of any tax (if any)
Financing Tenure
- Up to 35 years or up to age 70 years old, whichever is earlier
Financing Rate
Financing Details |
Rates |
---|---|
Financing Amount Below RM30,000 |
4.60% p.a (SBR +1.60%) |
Financing Details |
Rates for the first 3 years |
Year 4 onwards |
---|---|---|
Financing Amount Above RM30,000 |
4.20% p.a (SBR +1.20%) |
4.50% p.a (SBR +1.50%) |
Click here to view the monthly instalment repayment schedule
Rates applicable for application with insurance/takaful coverage
Standardised Base Rate at 3.00% p.a. effective from 8 May 2023
Payment
Single monthly instalments
Mode of Instalment Payment
Variable Standing Instruction
ASB Income Distribution & Bonus Earned
Automatically credited into the respective ASB unit holder's account
If you would like to know more about the product, please watch this video: