Friday, October 22, 2010

Easy-ASB: ASB Loan by RHB

Easy-ASB - ASB Financing

Invest for your future the easy way. Enjoy low monthly installments for the 1st five years when you invest in Amanah Saham Bumiputera (ASB) units. No upfront payment needed. To apply just flash your MyKad.

Unique features:
  • No documentations required
  • On-the-spot approval and disbursement in less than 10 minutes
  • Interest only repayment for first 5 years
  • Low initial monthly installment amounts from less than RM65 per month
  • Full principal and interest repayment for the subsequent 5 to 20 years
  • Attractive annual dividends and return on your investments
Benefits:
  • Get the Easy Visa Debit Card with the approved loan
  • Convenient monthly repayment through standing instruction
  • Earn 1 lucky draw entry with approved loan

*Terms & Conditions apply


Product Features

Interest Rate Term Loan: BLR - 1.0%p.a (5.3% at current BLR 6.3%)
Loan Tenure Minimum 10 years (including first 5 years of interest servicing)
Maximum 25 years (including first 5 years of interest servicing)
Loan Amount Minimum RM10,000
Maximum RM 100,000
Margin of Advance 100%
Mode of Repayment Standing Instruction
Custodian Fee RM200
Exit Fee 3% of approved loan amount if settled within the first 3 years


Easy-ASB Repayment Schedule

Loan
Amount
(RM)
Interest only
repayment for
first 5 years (RM)
Monthly repayment amount for
subsequent years (RM)
5
Years
10
Years
15
Years
20
Years
10,000 45.01 190.59 108.04 81.15 68.16
20,000 90.03 380.68 215.58 161.80 135.83
30,000 135.04 570.77 323.11 242.45 203.49
40,000 180.05 760.86 430.65 323.10 271.16
50,000 225.07 950.95 538.19 403.75 338.82
60,000 270.08 1,141.04 645.73 484.41 406.48
70,000 315.10 1,331.13 753.27 565.06 474.15
80,000 360.11 1,521.22 860.80 645.71 541.81
90,000 405.12 1,711.31 968.34 726.36 609.48
100,000 450.14 1,901.40 1,075.88 807.01 677.14
  • Repayment table above does not include Group Reducing Term Assurance (GRTA)
  • For more information on how to protect your investment through GRTA, kindly contact us.

2 comments:

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