BSN ASB-i TERM FINANCINGInvest in a better financial futureEligibility
- All qualified ASB investors under the ASNB guidelines
- Aged 18 to 70 years old at the end of the financing tenure
Apply NowShariah Concept
Tawarruq consists of two sale and purchase contracts. The first involves the sale of an asset by a seller to a purchaser on a deferred basis. Subsequently, the purchaser of the first sale will sell the same asset to a third party on a cash and spot basis.
BSN ASB-i TERM FINANCINGInvest in a better financial futureEligibility
- All qualified ASB investors under the ASNB guidelines
- Aged 18 to 70 years old at the end of the financing tenure
Apply NowShariah Concept
Tawarruq consists of two sale and purchase contracts. The first involves the sale of an asset by a seller to a purchaser on a deferred basis. Subsequently, the purchaser of the first sale will sell the same asset to a third party on a cash and spot basis.
A term financing that helps you to purchase ASB unit trust funds.
FEATURE
- Mode of payment is via BSN Standing Instruction.
Documents Required
- 1 copy of NRIC (front and back)
- 1 copy of latest 1 month salary slip.
OR
Payment voucher (with company’s stamp / letter head) as a payment proof of monthly salary for the latest three (3) months.
- Any 1 of the following documents (if the evidence of income is salary slip):
- Latest EPF statement
- *Employer Confirmation Letter
- Latest EA/EC and e-filing form
*HRMIS can be used for applicants where their salary is managed by Accountant General (AG) / PDRM / State Treasury.
- 1 copy of NRIC (front and back).
- 1 copy of latest 6 months bank statement.
FINANCING LIMIT
Financing amount will be in multiple of RM1,000 and subject to the following limit:
| Minimum | Maximum |
| RM10,000 | RM200,000 (Excluding other charges) |
RATES
| With Takaful | Without Takaful |
| SBR + 1.32% | SBR + 1.42% |
Get Started with our Financing Calculator
Wish to know how much you would be paying every month? Let us help you get started.Â
{{lang == 'en' ? 'Kindly enter your financing details' : 'Masukkan butiran pembiayaan anda di sini'}}
{{lang == 'en' ? ' This calculator serves as an estimate only. It is provided for illustrative purposes and is based on the accuracy of information provided. It does not constitute a quote. BSN shall not be responsible for any inaccuracies or errors resulting from the use of this calculator.' :'Kalkulator ini berfungsi sebagai anggaran sahaja. Ia disediakan untuk tujuan ilustrasi dan adalah berdasarkan ketepatan maklumat yang diberikan. Ia bukan merupakan sebut harga. BSN tidak akan bertanggungjawab terhadap sebarang ketidaktepatan atau kesilapan yang disebabkan oleh penggunaan kalkulator ini.'}}
LATE PAYMENT CHARGES (LPC)Â
Late Payment Charges will be charged based on Ta’widh (Compensation).
| During financing Period | Late Payment Charges (LPC) of 1% per annum will be imposed on the overdue monthly instalment payment in the event you fail to pay any monthly instalment within the stipulated period from the first disbursement of the financing until its maturity date. |
| After the completion of financing period | Prevailing daily overnight Islamic Interbank Money Market (IIMM) rate will be charged for failure to pay the total outstanding balance after maturity or upon judgment obtained, whichever earlier. |
NOTES:
- Islamic Interbank Money Market (IIMM) is subject to change from time to time.
- All documents must be certified by BSN staff.
- View all banking rates.
- View all fees & charges.
- View Product Disclosure Sheet.
- View Customer Declaration.
- Terms & Conditions apply.
Visit our branch
Visit our nearest branch or contact us for more information OR download our Application Form here.
