Saturday, 19 October 2019,   19 Safar 1441H
Home > Islamic Banking > Financing >  BSN MyRinggit-i SKAP (Klasik)


BSN MyRinggit-i SKAP (Klasik)

 

BSN MyRinggit-i SKAP Klasik is designed to help Federal Government Servants achieve their personal financing needs with ease.
 

Shariah Concept

Based on the Shariah concept of Tawarruq which comprises of Bai Murabahah and Wakalah contracts, using the commodity (underlying asset) from Bursa Suq al Sila'.

 

Eligibility

» Malaysian citizen aged 21 - 60 years old (subject to retirement age during completion of the financing).
» Permanent Federal Government Servant.
» BSN GIRO/i  Account Holder.
» Minimum income of RM1,500 per month.
» Permanent employee who has been employed for more than 3 months – no guarantor required.
» For contract / temporary employee (over 12 months’ service) - guarantor required.

.

Documents Required

» A copy of your NRIC (both sides).
» Confirmation letter from your employer with the below details:
   -  Name / NRIC No.
 -  Designation / Status
 -  Monthly Salary
 -  Date of Employment
 -  Date of Retirement
» A copy of Salary Slip:
  - Latest 2 months salary slip (Fixed Rate);
  - Latest 1 month salary slip (Floating Rate)
» Authorisation Letter of Salary Deduction (BSN 09-D).
   
   

Guarantor Eligibility

» Malaysian citizen aged 21 - 58 years old (subject to retirement age during completion of the customer’s financing).
» Employee of Federal Government.
» Employed for more than 6 months.
» Minimum income of RM1,500 per month (subject to equivalent or higher than the basic salary of the customer).
»
BSN GIRO / GIRO-i account holders.
BSN GIRO/i account holders.

 

Documents Required for Guarantor

» A copy of your NRIC (both sides).
» Confirmation letter from your employer with the below details:
   -  Name / NRIC No.
 -  Designation / Status
 -  Monthly Salary
 -  Date of Employment
 -  Date of Retirement
» A copy of Salary Slip:
  - Latest 2 months salary slip (Fixed Rate);
  - Latest 1 month salary slip (Floating Rate)
» Authorisation Letter of Salary Deduction (BSN 09-D).
   
 Note: 
» Subject to the Terms & Conditions.
   
   



Financing Limit

MinimumMaximum
RM5,000.00 RM200,000.00

*Subject to monthly salary deduction limit of not more than 60%.


Fixed Rate

No.

Income

Profit Rate

Financing Period

1

RM1,500 to RM5,000

4.75%

Minimum : 2 years
Maximum: 10 years

2

> RM5,000

4.60%

 Note: 

Additional 1% from the above profit rate for Financing without Takaful.
 
 

Fixed Rate (*RBP)

Financing Period1 - 5 years6 - 10 years
Profit Rate 4.60% 5.30%

 Note: 

i) *Risk Base Pricing (RBP) package is subject to CCRIS reading.
ii) Additional 1% from the above profit rate for Financing without Takaful.
 
 

Floating Rate

Financing Period (years)

2 - 10

Credit Score

1

2 & 3

4

Profit Rate (% per annum)

BR* + 3.22

BR* + 3.39

BR* + 3.77

 Note: 

Additional 1% from the above profit rate for Financing without Takaful.
 
 

Late Payment Charges


»
  Within the Facility Period

    Overdue instalment(s) x 1% x No. of overdue day(s)
                                           365 

 

»  After the Facility Period

    Outstanding principal x IIMM* x No. of overdue day(s)
                                         365 

 

 Note:

» Islamic Interbank Money Market (IIMM) is subject to change from time to time.
» View all banking Rates & Charges.