2012 Mbsb Product Briefing

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Personal Financing-I Packages

2012.



PRODUCT FEATURES



FINANCING AMOUNT

Min : RM 50,000.00

Max : RM 200,000.00

FINANCING TENUREMin : 5 years

Max : 20 years



MBSB XCHANGE-i

Option 1

Product Bundling with Banca

Takaful:

4.30% fixed rate

Option 2

Without Product Bundling:

4.50% fixed rate

PROFIT RATES



MBSB XCHANGE-i

At least 19 years old and not exceeding 60 years upon expiry of facility or

opted retirement age whichever comes first; and

Malaysian Citizen; Permanent and confirmed employee; and

Minimum salary RM 700.00 inclusive of fixed allowance ; and

Total deduction inclusive of MBSB’s installment not to exceed 60% from

gross salary ; and

Open to Government (AG-Green Pay slip and Non-AG) and Non-

Government employees.

ELIGIBILITY CRITERIA



MBSB XCHANGE-i ZERO ENTRY COST(ZEC)

The followings will be absorbed by MBSB:-

Stamp Duty ; and

Takaful contribution-GCTT; and

Charges on Redemption Statement (RS) imposed by other banks-RM50.00

per RS; up to 5 RS per application (reimbursement basis)

Important: Redemption Statement must reflect a rebate amount from existing financier



GUARANTOR REQUIREMENT

WAIVED



SECURITY DEPOSIT

ONE (1) MONTH INSTALMENT

PROCESSING FEE

2.0% FROM FINANCING AMOUNT

STAMP DUTY0.5% OF FINANCING AMOUNT



MBSB XCHANGE-i EARLY SETTLEMENT

• Lock in period : 5 years ; and

• Early settlement Fee : 5.0% from Outstanding balance;

and

• To claw back all cost incurred under Zero Entry Cost (ZEC).



MBSB XCHANGE-i TAKAFUL COVERAGE (GCTT)

Compulsory with details of coverage based on the followings :

Full financing amount; and

Full tenure coverage if financing is less than 10 years; or

Maximum 10 years coverage if financing is 10 years and above

Note: MBSB will undertake to pay any shortfall in the event of

insufficient coverage during claim



CREDIT CHECKING

NO ADVERSE REMARKS ON CREDIT CHECKING



MBSB XCHANGE-i OTHERS

A member of TemanKu MBSB PFI Club ; and/or Account holder for Al-Wadiah TK Saving Account ;

and/or

ARB Will Writing package.



PACKAGE VALIDITY

FROM 1ST JANUARY 2012- 31 DECEMBER 2012



EARLY BIRD PROMOTION3.99%

from 1/1/2012 until 31/3/2012or

upon achieving RM1.0 Billion in disbursement amount



PRODUCT FEATURES



FINANCING AMOUNT

Min. RM 3,000Max. RM 250,000

Note: Maximum financing amount for Non-Biro is up to RM200,000.



FINANCING TENURE

Min 5 yrs

Max 20 yrs



Option 1- WithProduct Bundling

4.99 %

Fixed Rate

Option 2- WithoutProduct Bundling

5.20 %

Fixed Rate

FINANCING TENURE



At least 19 yrs old & not exceeding 60 yrs upon expiry of facility or

opted retirement age whichever comes first; and

Malaysian Citizen; Permanent & confirmed employee; and

Minimum salary RM 700.00 inclusive of fixed allowance; and

Total deduction inclusive of MBSB installment not to exceed 65%

from the gross salary; and

Open to government and non government employees.

ELIGIBILITY CRITERIA



WAIVED

GUARANTOR REQUIREMENT



REPAYMENT METHOD

AG Salary Deduction;

Biro Angkasa Salary Deduction

Employer Salary deduction

Note: Employer Salary deductions are limited to GLC, SGLC & selected companiesapproved by HOD- RBD/PFI



Nil

SECURITY DEPOSIT

STAMP DUTY

0.5% from financing amount



3.0 % from financing amount

PROCESSING FEE



Lock in period : 5 yrs; and

Early settlement penalty: 5.0% from

Outstanding Balance.

EARLY SETTLEMENT



Compulsory:

Full financing amount; and

Full financing tenure.

TAKAFUL COVERAGE (GCTT)



CREDIT CHECKING

No adverse remarks on creditchecking



OTHERS

A member of TemanKu MBSB PFI Club; and/or

Account holder for Al-Wadiah TK Saving

Account; and/or

ARB Will Writing package



From1 January 2012,

Until 31 December 2012

PACKAGE VALIDITY

2012 Mbsb Product Briefing

Documents

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