Saturday, 23 September 2017,   01 Muharram 1439H

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Home Personal Banking Loans > BSN MyRinggit Sandaran BSN Term Deposit


BSN MyRinggit


Sandaran BSN Term Deposit

 

Getting hold of extra funds couldn’t be easier for BSN MyRinggit BSN Term Deposit Certificate Holders. Our BSN MyRinggit Sandaran BSN Term Deposit allows you to secure up to 95% of your BSN Term Deposit value without any guarantor!

 


Eligibility

»  Malaysian citizen aged 18 years and above (not exceeding 65 years old on the loan expiry date).
» BSN Term Deposit authorised certificate holder.
   
   

Documents Required

» A Copy of your NRIC (both sides).
» Original certificate of BSN Term Deposit.
» Copy of BSN GIRO/i Passbook / Statement.
   


Features & Benefits


Guarantor Without guarantor required. Just mortgage your BSN Term Deposit Certificate.
Minimum Loan Limit RM5,000.
Maximum Loan Limit 95% from your BSN Term Deposit value.
Minimum Loan Period Two (2) years
Maximum Loan Period Ten (10) years
Payment Channel BSN Standing Instruction


Rates


Loan Period
(Years)
Loan Amount < RM100,000Loan Amount ≥ RM100,000
 Interest RateMonthly Instalment FactorInterest RateMonthly Instalment Factor
2 BR + 2.50%
(3.95% + 2.50%
= 6.45%)
44.5237 BR + 2.00%
(3.95% + 2.00%
= 5.95%)
44.2981
3 30.6263 30.3993
4 23.6919 23.4621
5 19.5427 19.3096
6 16.7861 16.5493
7 14.8252 14.5846
8 13.3616 13.1171
9 12.2295 11.9810
10 11.3294 11.0770

 Note: Please use this schedule only as a reference.

 

Example of BSN MyRinggit Sandaran BSN Term Deposit Monthly Instalment Computation


Loan Amount RM99,500.00 RM100,000.00
Period 5 years 5 years
Factor 19.5427 19.3096
LoanPeriod (year)FactorCalculationInstalment (RM)
99,500 5 19.5427 99.5 x 19.5427 1,945
100,000 5 19.3096 100 x 19.3096 1,931


Late Payment Charge

»  Monthly Instalents in Arrears  ×  1%  ×  Number Of Days Overdue  ⁄  365.

 Note: Subject to the Terms & Conditions.