Financing
Amount
Tenure
RM 100,000
and
below
Whole Tenure
> RM 100,000
Year 1 - 2
Under Construction
Zero Moving
Cost (ZMC)
Zero Moving
Cost (ZMC)
NIL
BR + 2.85%
NIL
BR + 2.85%
BR + 0.40%
BR + 0.30%
Thereafter
BR + 0.65%
BR + 0.55%
Year 1 - 2
BR + 0.30%
BR + 0.30%
BR + 0.60%
BR + 0.45%
until
< RM 300,000
Completed Property
BR + 0.65%
RM 300,000
and above
BR +0.60%
Thereafter
BR + 0.55%
BR-+ 0.45%
Minimum Financing tenure is 5 years and maximum 35 years (or age 65 years or age 70 years*, whichever is earlier).
Note: * Terms and conditions apply.
Your Tenure
:
years
Margin of financing
: RM
EPR Rate
Monthly instalment
RM
RM
If BR goes up 1%
If BR goes 2%
Note: For property under constructions, monthly installment shall be subjected to the actual amount released to the
developer.
5. What other charges do I have to pay?
a)
Stamp Duties
b)
Disbursement Fee
c)
d)
Valuation Fee
e)
Processing Fees
Waived
Late Payment Charges which comprise of Tawidh (compensation) and Gharamah (penalty) will be imposed. Gharamah
shall be channeled by the Bank to the approved charitable organizations.
Within the Facility Period :
Overdue instalment(s) x Average Financing Rate (AFR*) x No. of overdue day(s)
365
After the Facility Period :
Outstanding principal x Average Financing Rate (AFR*) x No. of overdue day(s)
365
Note :
*AFR (Average Financing Rate) refers to the average rate as determined by the Bank and will subject to change from
time to time.
The Bank has the right to set-off any credit balance in your account(s) maintained with the Bank against any
outstanding balance in this financing account which the Bank will notify you in 7 calendar days in advance.
Legal action will be taken if you fail to respond to reminder notices and the legal cost will be borne by you.
Legal action against you may affect your credit rating leading to credit being more difficult or expensive to you.
7. What if I fully settle the financing during the lock in period/maturity date?
The Bank shall grant Ibra to you for early settlement in the following events :
i. Early settlement or early redemption of the Facility; or
ii. Settlement of the original financing contract due to financing restructuring exercise; or
iii. Settlement by Customer in the case of default; or
iv. Settlement by Customer in the event of termination or cancellation of financing before the maturity date.
Zero Moving Cost (ZMC) package is subject to lock-in period of 3 years or 5 years subject to financing package. In the
event the early settlement is made during the lock-in period, the early settlement charges shall comprises of the legal
costs and other expenses that were paid by the Bank under ZMC package would be levied.
The applicable formula for Ibra = Deferred Profit - Early Settlement Charges (if any).
Mortgage reducing term takaful (MRTT) is required to protect your interest in the event of death or permanent disability
during the financing tenure.
Houseowners / fire / Takaful Rumahku - Long Term (TRLT), if necessary.
It is important that you inform us of any changes in your contact details to ensure that all correspondences reach you in
a timely manner.
If you have difficulties in making monthly payments, you should contact us earliest possible to discuss payment
alternatives.You may contact us at:
Bank Simpanan Nasional
Address :____________________
____________________
____________________
Tel
:____________________
Fax
:____________________
E-mail
:____________________
(To be filled in by Sales / Branch Personnel)
Alternatively, you may seek the services of Agensi Kaunseling dan Pengurusan Kredit (AKPK), an agency established by
Bank Negara Malaysia to provide free services on money management, credit counselling and debt restructuring for
individuals. You can contact AKPK at :
Address : Tingkat 8, Maju Junction Mall,
1001, Jalan Sultan Ismail,
50250 Kuala Lumpur.
Tel
:1800 88 2575
E-mail : enquiry@akpk.org.my
If you wish to complaint on the products or services provided by us, you may contact us at :
Address : Customer Service Center
Bank Simpanan Nasional,.
Tel
:1300 88 1900 / 603-2613 1900 (Overseas)
Fax
: 03-2613 1888
: servicemanager@bsn.com.my
If your query or complaint is not satisfactorily resolved by us, you may contact Bank Negara Malaysia LINK or TELELINK
at :
Address : Block D, Bank Negara Malaysia,
Jalan Dato Onn.
50480 Kuala Lumpur.
Tel
:1300 88 5465
Fax
: 03-2174 1515
E-mail : bnmtelelink@bnm.gov.my
Signatures customer
The information provided in this Product Disclosure Sheet is valid as at or until ___________________