What are the fees and charges that I have to pay?
|Stamp Duties||As per the Stamp Duty Act 1949 (Revised 1989)|
• Letter of Offer (RM10.00)
• Principal Document* (RM5.00 for every RM1,000)
• Security Document (RM10.00)
• Standing Instruction (RM10.00)
*20% stamp duty reduction for Principal Documents based on Shariah principles or waiver of stamp duty for the conversion of conventional loan to Shariah Financing.
|Legal & Disbursement Fees||Include solicitor fees for loan/financing documentation, registration of charge, land search, bankruptcy search and etc.|
|Processing Fee/Set-up fee (applicable for Conventional FlexiOD only)||Processing fees RM50 to RM200 depending on loan/financing amount. Set-up fees RM200. (applicable for Conventional FlexiOD only)|
|Letter for EPF Withdrawal||RM 10 per request|
|Monthly Maintenance Fee*||RM 5.00 (applicable for Conventional MaxiHome/MaxiShop FlexiOD only)|
|Commitment Fee||Commitment Fee of 1% is to be levied on unutilized portion of Overdraft facilities granted to the following:- |
o Individual, when the Overdraft limit is in excess of RM250,000.
o Companies irrespective of Overdraft limit.
Note: Not applicable for Term Loan and Islamic Facility
|Redemption Letter||RM 50 per request|
|Late Payment Charges (Applicable for Islamic Facility only)||Overdue Instalment or Scheduled Payment/Ansuran Tertunggak atau Bayaran Berjadual: 1% p.a. on the installment amount in arrears from the date of the first drawdown of the Facility until its Maturity Date|
Upon Maturity Date of the Facility or upon judgment, whichever is earlier/Tamat tempoh kemudahan atau apabila mendapat perintah, yang mana dahulu : Prevailing daily overnight Islamic Interbank Money Market (IIMM) rate on the outstanding balance due and payable
Note: The Late Payment Charges charged shall not be further compounded
Note: The Bank will notify from time to time, for any change
The Malaysian Goods & Services Tax (GST) will be imposed on all fees/charges charged by the Bank where applicable effective 1 April 2015 at the current prevailing rate.
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