Products / Items | Pembiayaan Pengurusan Kewangan – PPK Invesment and Refinancing |
Civilian |
Purpose | Settlement of Debt and Investment |
Who Can Apply | All Federal / State Government/Government. Link Company/Selected Organizations staff |
Tenure | Minimum: 3 years. Maximum: 10 years |
Financing Amount | Minimum: RM 5,000.00. Maximum: RM 100,000.00 |
Profit Rate | Flat: Without Ju’alah: 5.5% p.a, With Ju’alah: 5.7% p.a. Floating: BFR+1.8% (capping rate 11%) |
Mode of Payment | a) Auto Debit net salary via BMMB Current/Saving Account or. b) Salary deduction At Source by employer |
Wasiat/Will – writing | Optional |
Takaful | Compulsory |
Guarantor | Not available |
Documents Required | • | Copy of NRIC (front and back) | • | Latest 1 month Salary Slip (Flat Rate) | • | Latest 3 months original Salary Slip (Floating Rate) | • | Employment Confirmation Letter | • | Latest Settlement Statement | • | Investment Statement (if applicable) |
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Applicant’s Eligibility | • | Employment: – Non-Gov’t: PERMANENT & CONFIRMED staff with minimum 3 years’ service. – Gov’t: CONFIRMED staff | • | Repayment Capacity: i) Determine by NDI & DSR |
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