Monday, 17 December 2018,   07 Rabiulakhir 1440H

Islamic Banking

Home > Islamic Banking > Financing > BSN MyRinggit-i SKAN (Super Klasik B)


BSN MyRinggit-i SKAN (Super Klasik B)

 

BSN MyRinggit-i SKAN Super Klasik B offers extra funds with lower profit rates for State Government Department employees with monthly income of RM2,500.00 or more.
 

Shariah Concept

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


Eligibility

» Malaysian citizen aged 21 to 60 years old (subject to retirement age during completion of the financing).
» State Government Department employees with salary accounts under State Treasury / Finance Department.
» Minimum fixed income of RM2,500.00 per month.
» Permanent employee who has been employed for more than 3 months.
» For contract / temporary employee (over 12 months’ service) - guarantor required.
» BSN GIRO/i account holder.


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).
» Federal Government Servants / State Government Department employees with salary accounts under Treasury / State Finance.
» Employed for more than 6 months.
» Minimum basic salary of RM2,500.00
»
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

RM2,500 to RM5,000

4.75%

Minimum : 2 years
Maximum: 10 years

2

> RM5,000

4.60%

 Note:  Calculate your monthly repayment. Click here.

 

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

Effective Profit Rate (%)

7.32

7.49

7.87

 Note:  Current BSN Base Rate *(BR) is 4.10% (with effect from 7th February 2018).

   
   

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.