ASB Financing-i is another form of term financing to purchase ASB unit trust based on Shariah principles of Bai' 'Inah (sales with immediate repurchase)
Valid till 30 June 2011
Individuals who are between the ages of 18 and 60 years old
Min financing amount : RM10,000
Max financing amount : Up to RM400,000 per customer, at any one time including the balance outstanding of the existing ASB financing (if any), or up to the maximum investment amount allowed by ASNB, whichever lower
For financing amount up to RM200, 000
For financing amount above RM200, 000, at any one time
Selling Price Rate/Ceiling Rate fixed at
BFR + 4.0% or 10%, whichever is higher* Competitive effective profit rates as per ASB Financing Conventional interest rates, provided it should not exceed the fixed selling price rate
Financing below 30,000
BFR - 1.35% (1st 3 years)
BFR - 1.30% (thereafter)
Financing above 30,000
BFR - 1.65% (throughout financing tenure)
View the monthly installment payment schedule
New ASB customers
Existing ASB unit holder customers
For further details, visit your nearest branch today!
* Please call during office hours (Mon to Thurs: 9.00am - 5.45pm, Fri: 9.00am - 4.45pm). Terms & Conditions apply.
The Master Prospectus of the unit trust funds of ASNB dated June 30, 2010, and the First Supplementary Master Prospectus dated July 30, 2010, have been registered with the Securities Commission and are available at any office of ASNB and its agents. Units will be issued upon receipt of the registration form as enclosed in the prospectuses. Before investing, please read and understand the content of the above prospectuses. Total return on the investments may go down as well as up. Past performances of the unit trust funds of ASNB are not guarantees of future performances. Before investing, kindly consider the fees and charges involved.