Tuesday, 14 July 2020,   23 Zulkaedah 1441H
Home > Islamic Banking > Financing > BSN MyRinggit-i EKSEKUTIF-1 with Floating Rate

BSN MyRinggit-i EKSEKUTIF-1 with Floating Rate


BSN MyRinggit-i EKSEKUTIF-1 with Floating Rate is exclusively designed to help you meet personal financing needs at rates that follow the latest market conditions.


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'.



 » Malaysian citizen aged 21 years old up to maximum age of 55 / 60* years old at the end of the financing tenure.
 » Open to permanent or contract Executives and above who has working experience one (1) year and above.
 » Employees of Government Link Company (GLC), Government Link Agency (GLA), Public Listed Company, Multi-National Corporation, and any organization / companies as listed by BSN.
Minimum gross income of RM3,000.00 per month (permanent staff) & RM10,000.00 
per month (contract staff).
Minimum gross income of RM3,000 per month (permanent staff) & RM10,000 per month (contract staff).
 »  BSN GIRO/i  Account holders.


*Subject to employer confirmation.

Documents Required

 » One (1) copy of NRIC (front and back);
 » One (1) copy of latest three (3) months’ Salary Slips;
 » Latest EPF statement; AND
 »  Confirmation Letter by Employer stating the below :
- Name
- Designation
- Monthly Salary
- Date of Employment
 » Latest one (1) year EA / EC statement and e-filing form or any verified documents by the Inland Revenue Board (LHDN).


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


» Mode of payment is via BSN Standing Instruction

Financing Limit

Minimum : RM5,000
Maximum : RM200,000

No Income Financing Limit
1 RM3,000 to RM5,000 5x of monthly gross income
2 > RM5,000 to RM10,000 7x of monthly gross income
3 > RM10,000 10x of monthly gross income /
maximum RM200,000 whichever is lower

Financing Tenure & Rates

Financing Tenure Profit Rate

Minimum  : 2 years
Maximum : 10 years


subject to :
 i. The retirement age, whichever is earlier.
ii. Customer qualification 

BR + 5.00% (Monthly Rest Basis)


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)


»  After the Facility Period

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



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