Thursday, 24 May 2018,   09 Ramadan 1439H

Personal Banking

Home Personal Banking Loans > BSN MyRinggit > ASB


BSN MyRinggit


ASB With Floating Rate


Invest in a better financial future with our BSN MyRinggit ASB - a term loan that helps you purchase ASB unit trust funds.



Eligibility*

» All qualified ASB investors under the ASNB guidelines.
» Aged 18 to 65 years old at the end of the loan tenure.
   
   

Document Required

» For Permanent Employee:
  - One (1) copy of NRIC (front and back).
  - One (1) copy of ASB passbook.
  - One (1) copy of latest two (2) months pay slip.
   
» For Self-Employed:
  - One (1) copy of NRIC (front and back).
  - One (1) copy of ASB passbook.
  - One (1) copy of latest three (3) months bank statement.
     
» For Pensioner:
  - One (1) copy of NRIC (front and back)
  - One (1) copy of Pension Letter
  - One (1) copy of latest three (3) months bank account statement where the pension money is credited
  - One (1) copy of ASB passbook
   
» For Student :
  - One (1) copy of NRIC (front and back)
  - One (1) copy of matrix card / student card
  - One (1) copy of latest three (3) months bank account statement where the living allowance is credited
  - One (1) copy of ASB passbook
  - One (1) copy of parental / guardian salary statement for the latest two (2) months in which parents / guardians are permanent employed (as reference)
    OR
   

One (1) copy of Parent / Guardian Bank Account Statement for the latest three (3) months of which the parents / guardians are self-employed (as reference)

     
» For Customer with payment vouchers as proof of monthly salary receipts: 
  - One (1) copy of NRIC (front and back)
  - Payment voucher as a payment proof of monthly salary for the latest three (3) months
  - One (1) copy of ASB passbook
  - KYC memo between customer and EJ
     

Note : All document copies to be certified by BSN’s officer.

 

Feature

» Mode of payment is via BSN Standing Instruction

 

Loan Limit*

Loan amount will be in multiple of RM1, 000 and subject to the following limit :

MinimumMaximum
RM10,000RM200,000
(Excluding other charges) 


Rates*

Tenure

Interest Rate

5 - 30 years or subject to the maximum age of 65 years whichever is earlier.

BR + 1.25%
Loan amount up to RM 50,000

BR + 1.05%
Loan amount from RM 50,001 - RM 150,000

BR + 0.85%
Loan amount above RM 150,000

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

 

Late Payment Charge

» Monthly installments in Arrears × 1% × Number of Days Overdue  / 365
   
* Subject to the current Bank's terms and conditions