Wednesday, 15 July 2020,   23 Zulkaedah 1441H
Home > Islamic Banking > Financing > BSN MyRinggit-i ATM (Non Salary Deduction)

BSN MyRinggit-i ATM (Non Salary Deduction)

Here’s helping to make life easier for those who help keep our country safe. BSN MyRinggit-i ATM financing plan is specially designed and exclusive only to Malaysian Armed Force Personnel.

Shariah concept
The Shariah concept used is Tawarruq which comprises of Bai Murabahah and Wakalah contracts using the commodity (underlying asset) from Bursa Suq al Sila’.


» Malaysian citizen aged 21 to ≤ 60 years old (subject to retirement age during completion of the financing).
» Malaysian Armed Force (MAF) staff - Lieutenant or equivalent and above only.
» Permanent employee who has been employed for more than 3 months.
» Minimum gross income (basic salary + fixed allowance) of RM3,000.00 per month.
» BSN GIRO/i account holder.

Documents Required

» Certified copy of latest 2 months’ Salary Slips.
» Certified copy of your NRIC (both sides)
» Confirmation letter from your employer with the following details:
-  Name / NRIC No.
-  Designation / Status
-  Monthly Gross Income
-  Date of Employment
-  Date of Retirement / Tarikh Tamat Perkhidmatan (TTP).
» Proof of having BSN GIRO/i account.

Financing Limit

Rank Minimum Maximum
For rank of Lieutenant or equivalent and above RM5,000 10 x monhtly gross income / up to RM200,000 (whichever is lower)



Rank Financing Period Profit Rate
For rank of Lieutenant or equivalent and above 1-10 years 6.99%


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.