Sota. Whatis this product about? + Easy-ASB is a credit facility granted to a customer who wishes to invest in the Easy-ASB Unit Trust Funds managed by Permodalan Nasional Berhad (PNB). + Itis a term loan that allows a customer / borrower to pay monthly instalments (principal and interest), custodian fees, stamp duty and Group Reducing Term Assurance (“GRTA”) instalments (if applicable for a maximum period of up to 25 years). . What do | get from this product? + Consistent high rates of returns, + Secured investment and funds managed by PNB. + Margin of financing: Up to 100% of the amount of ASB certificate. + Tenure of financing: According to the approved loan on the payment of the loan amount (principal and interest), custodian fees, stamp duty and GRTA instalments (if applicable), followed by the loan tenure maximum up to 25 years. Item Description Loan Amount Minimum: RM10,000 Maximum: RM200,000 Loan Tenure Minimum: 10 years Maximum: 25 years or up to age 60, whichever is earlier. + Effective lending rate: Please refer to our website www.rhbgroup.com/easy for the latest effective rate. Any changes to the BR will be announced in the mass media. (Interest is calculated daily based on the daily balance.) . What are my obligations? Monthly payments will be calculated based on the following variables: + The amount of your loan. + The tenure of your loan. + Interest rate - subject to fluctuations of the Base Rate (BR). Monthly instalments (principal payment and interest) is due on the 1*day of each month. The monthly instalment’s amount may vary if BR changes. Example of monthly instalments due to changes in BR: Loan Amount ‘Tenure Base Rate Effective Lending Total Monthly (RM) (Years) (BR) Rate instalment Sopa Mpa (RM) 10,000 10 4.50% 5.30% 108 10,000 10 4.80% 5.50% 109 Note: The calculation excludes GRTA, custodian fees, endorsement fees and stamp duty. + ASB Certificates will be endorsed and kept in the Bank's custody as collateral for loans granted. . What other charges do | have to pay? Item Fees & Charges Custodian Fee* RM159 Endorsement Fee* RM53 ‘Stamp Duty (as per Stamp Duty Act 1949) (Revised 1989) RM10 per certificate Recurring Payments No *Inclusive of 6% Goods and Services Tax (GST).What happens if | fail to meet my obligations? + Late charges with interest at 1% per annum on payment in arrears will be charged if the borrower fails to pay the monthly instalments on the first day of every month. It will be computed daily on the default amount and causing total outstanding to increase. + If you fail to pay 3 monthly instalments consecutively, the Bank may increase the financing rate. + The Bank may set-off any credit balance in the account maintained with the Bank against any outstanding balance in this financing account. + Legal action will be taken if you fail to respond to reminder notices. + Legal action against you may affect your credit rating leading to credit being more difficult or expensive toyou. What if | partly / fully settle the loan before its maturity? + Fees for advance loan repayment will not be imposed on you in the event that early payment has been made on the loan balances. However, advance payment or over payment on the loan balances will have an impact on the calculation of the interest. + For full repayment of the outstanding Easy-ASB Loan made within the first 3 years from the date of loan disbursement, an exit fee based on the difference between the ASB Board rate and the promotion or special rate is chargeable, ~ Early-exit period: 3 years Do! need a guarantor or collateral? + No guarantor or collateral is required. Do | need insurance / Takaful coverage? + GRTAis optional. + 100% GRTA premium financing is available. Note: Quotation will be provided by our sales staff for insurance offered by a panel of insurers. You can choose to use insurance services that are non-panel on Takaful operators. However, to avoid any delay in taking life insurance, taking insurance from an insurance panel appointed by the Bank is encouraged. What do | need to do if there are changes to my contact details? + It is important to inform the Bank of any change in your contact details to ensure that all correspondence reach you in a timely manner.