Tuesday, 21 November 2017,   02 Rabiulawal 1439H

Personal Banking

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BSN MyAuto

 

Own the car you’ve always wanted with our attractive Hire Purchase facility.

 


Features & Benefits

»  Competitive interest rate.
»  Convenient repayment channel, via any BSN Branch nationwide.
»  Margin of Finance: Minimum RM25,000 or up to 90% from the selling price.
»  Minimum loan tenure of 36 months.
»  Maximum loan tenure of 108 months (subject to retirement age).
»  Opened for selected brand new vehicles & reconditioned vehicles only.

 

Eligibility

 

For Applicants with Salary Deduction Facility

»  Malaysian citizen aged 21 years old and above (subject to age limit of not more than 60* years old or
    pensioned at end of tenure - whichever is earlier.)
»  Permanent employees of:
       »  Government Departments and its subsidiaries.
       »  Federal Government Servant.
       »  Statutory Bodies and its Subsidiaries.
       »  Any employees of organization that has a payroll deductions scheme via Biro Perkhidmatan Angkasa (BPA).
»  Permanent employee with minimum six (6) months working experience.
»  Salary Deduction Limit: up to  60% of monthly salary, including the repayment of this 
    loan. 

*Applicant must have the 60-years-old retirement option.

 

Documents Required*:

»  Completed application form duly signed by applicant;
»  One (1) month latest Salary Slip;
»  A copy of NRIC (both sides);
»  A copy of Driving License;
»  BPA 1/79 Form (For BPA Scheme);or
»  Arahan Potongan Gaji BSN 09-A Form (for SKAP Scheme) 
»  Confirmation Letter from employer, which shall states the followings: 
    - Name
    - NRIC 
    - Designation 
    - Employment Status
    - Date of Employment
    - Monthly Salary

 

For Applicants WITHOUT Salary Deduction Facility

»  Malaysian citizen aged 21 years and above (subject to age limit of not more than 65 years old on the date of expiry of the
    financing – whichever is earlier).
»  Permanent worker with minimum six (6) months working experience.
»  Open to employees from:
       »  Premier Developer Panel (PDP)
       »  Private Hospital.
       »  Telecommunications Company.
       »  Licensed Financial Institution.
       »  Selected Private University & College.
       »  Multi-National & Locally Incorporated Company.
       »  PETRONAS Group of Companies.
       »  Multi-National & Locally Incorporated Company.
       »  PETRONAS Group of Companies.
       »  Statutory Body.
       »  Government-Linked Company & Government-Linked Agency.
       »  Selected Public Listed Company in Main Market Bursa Malaysia:
       »  Government-Linked Company & Government-Linked Agency.
            »  Financial Sector.
            »  Plantation Sector.
            »  Property Sector.
            »  Technology Sector.
            »  Trading / Service Sector.
            »  Industrial Product Sector.
            »  Consumer Sector.
       » Professional – Doctor, Architect, Lawyer, Accountant and other certified Professionals.

 

Documents Required*:

»  Completed application form duly signed by applicant.
»  Three (3) months latest Salary Slip;
»  A copy of NRIC (both sides);
»  A copy of Driving License;
»  A copy of Bank Passbook(or Bank Account Statement) and
»  EPF statement or EA form. 

* Guarantor: If required; mandatory documents are similar to applicant.

 

Interest Rate*:

»  From 2.55% to 3.15%

*Individual rate may vary subject to selected category and at BSN's discretion.

 

Late Payment Charges

»  If you fail to make an instalment payment as stipulated in the Hire Purchase Agreement, you will be charged a late payment penalty of 8%
    per annum on the outstanding monthly instalment.


Early Settlement

»  You will be given a statutory rebate on the remaining loan period.


Stamp Duties

»  RM10.00 for Hire Purchase agreement and RM10.00 for Guarantee agreement (if applicable).