RHB - PENCEN

From Internal

Revision as of 04:31, 31 May 2012

Product Features

• Location: Whole Malaysia
• Interest Rate:5.00%
• Payout:Loan Amount Less RM80 - Less Insurance
• Tenure:
  • Max- 15 years or Age 70 years (which ever comes first)
  • Min- 3 yrs

• Age: Max Age to apply: 66 years 9 months
• Financing Amount: RM5,000 to RM100,000
• Pension Amount: RM750.00 and above

Computation

• Gross Pension - Deduction (house-if any)
  • Balance X 50%
  • Month (ELIGIBILITY)
• Example if cust got house deduction:

    >1000.00 - 300.00(potongan rumah)
    =700.00
    >700.00 X 50%
    =350.00 (Kelayakan)

• Example if cust no deduction:

    >1000.00 X 50%
    =500.00 (Kelayakan)

• Insurance Calculation

>Age  : 60 yrs >Tenure  : 10 years >Loan  : RM10K

>>Factor (refer table) X Loan Amount divide 1000.00 >>91.61 X 10000.00 divide 1000.00 >>Takaful = 916.10

Document Required

• 2 Copies I/C
• 2 Copies Card PENCEN
• 1 Copy Spouse I/C (for male applicant only)

   -Sijil Kematian
   -Sijil Cerai

• PENCEN Statement
• RHB Islamic Saving Account