RHB - PENCEN

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Revision as of 04:22, 4 June 2012 (view source) Admin (Talk | contribs) (→Takaful Calculation) ← Older edit		Revision as of 04:23, 4 June 2012 (view source) Admin (Talk | contribs) (→Product Features) Newer edit →
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	* Location: Whole Malaysia		* Location: Whole Malaysia
	* Interest Rate:5.00%		* Interest Rate:5.00%
-	* Payout: Loan Amount - RM80 - Less Insurance	+	* Payout: Loan Amount - RM80 - Takaful (refer calculation below)
	* Tenure: 3 to 15 years		* Tenure: 3 to 15 years
	* Max Age at end of tenure: 70 years old		* Max Age at end of tenure: 70 years old

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Revision as of 04:23, 4 June 2012

Contents 1 Product Features 2 Computation 2.1 Loan Amount Eligibility 2.2 Takaful Calculation 3 Document Required 4 Application Form Downloads

Product Features

• Location: Whole Malaysia
• Interest Rate:5.00%
• Payout: Loan Amount - RM80 - Takaful (refer calculation below)
• Tenure: 3 to 15 years
• Max Age at end of tenure: 70 years old
• Max Age to apply: 66 years 9 months
• Financing Amount: RM5,000 to RM100,000
• Pension Amount: RM750.00 and above

Computation

Loan Amount Eligibility

• Available Deduction = (Gross Pension - Deduction (House-if any)) x 50%
• Example for customer with house deduction:
  • Eligible Deduction = RM1000.00 (Pension Amount) - RM300.00 (potongan rumah) x 50% = RM350.00 (Kelayakan)
  • Refer to repayment table (RM350.00) to get loan amount
• Example for customer without deduction:
  • Eligible Deduction = RM1000.00 x 50% = RM500.00 (Kelayakan)
  • Refer to repayment table (RM500.00) to get loan amount

Takaful Calculation

• Sample calculation, scenario:
  • Applicant Age : 55 yrs
  • Tenure : 10 years
  • Loan : RM10,000.00
• Calculation:
  • Takaful = Factor (refer table) x Loan Amount ÷ 1000.00
  • Takaful = 62.23 x 10,000.00 ÷ 1,000.00 = 622.30

Document Required

• 2 Copies I/C
• 2 Copies Card PENCEN
• 1 Copy Spouse I/C (for male applicant only)
  • Sijil Kematian (jika pemohon duda)
  • Sijil Cerai (jika pemohon sudah bercerai)
• PENCEN Statement
• RHB Islamic Saving Account
• Balu (tidak perlu I/C Suami)

Application Form Downloads

You can download and print application form on your own.

• Application form for Army - Media:Rhb-pension-scheme-army.zip
• Application form for JPA - Media:Rhb-pension-scheme-jpa.zip

Notes:

• Letter of Offer - 3 sets
• Other forms - 1 set