RHB ASB Loan

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At RHB Bank, we offer you ASB Financing to finance the purchase of your ASB units. Enjoy high margin financing, low interest rates, flexible loan tenures and optional insurance coverage, financed by us.

For further information, do give us a call at 03 – 9206 8118 or visit our nearest branches.

Product Features :

INTEREST RATES

Term Loan (TL)
RM10,000 to RM49,999 without GRTA
BLR – 1.25%

RM10,000 to RM49,999 with GRTA
BLR – 1.40%

RM50,000 & above without GRTA
BLR – 1.40%

RM50,000 & above with GRTA
BLR – 1.55%

ASB Interest Only Package (ASB5)
BLR – 1.00%

Overdraft (OD) against ASB / ASW
BLR – 1.00%


LOAN TENURE

  • 1 year to 20 years or 60 years old whichever is earlier

LOAN AMOUNT

  • Min. RM10,000
  • Max. Up to individual’s ASB investment limit

MARGIN OF ADVANCE (MOA) TL FOR ADDITIONAL / NEW ASB INVESTMENT

  • Up to 100% + 5% (GRTA)

TL AND OD FOR PERSONAL CONSUMPTION ON UNENCUMBERED ASB CERTIFICATE

  • 95% of ASB certificate

INSURANCE

  • Optional, financed by Bank

MODE OF REPAYMENT

  • Standing Instruction (SI)

CUSTODIAN FEE

Term Loan (TL)
RM100

Term Loan (TL)/ Overdraft (OD)
against unencumbered ASB certificate RM150 per certificate

How to apply

DOCUMENTS REQUIRED

  • Photocopy of identity card
  • Photocopy of ASB passbook
  • 1 month pay slip/other proof of income e.g. bank account statement

EXIT FEE 1st 2 years
3% of approved loan amount

3rd to 5th year
1% of approved loan amount if settled by liquidation of certificates. However, NO exit fee if settled by own funds from 3rd year to 5th year.

For details, please visit RHB Bank.

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