RCE - Yayasan

(Difference between revisions)

Revision as of 08:08, 1 February 2012

Location: Whole Malaysia (Sabah & Sarawak - Commission less 1%)
Interest Rate:
- Permanent & Work > 3 years: 4.99%
- Permanent & Work < 3 years: 5.99%
- Contract & Work > 1 year: 7.88% (Kontrak Bersambung)
Payout:
- Permanent: 92% - RM20
- Contract: 87% - RM20
Tenure: 1 to 22 years
Financing Amount: RM1,000 to RM250,000
Salary: RM800 and above
Yuran: RM20 per month
Age: 18 years old and above
Expired Facility: 60 years old
Blacklist (CTOS): RM25,000
Payslip Expiry Date: 30th of the month
Settlement Letter Expiry Date: At least 14 working days

Payslip will expire every 30th of the subsequent month.

YEARS	MONTH	FACTOR 5.99%	FACTOR 4.99%
1	12	11.10	11.21
2	24	21.01	21.39
3	36	29.92	30.70
4	48	37.96	39.23
5	60	45.27	47.08
6	72	51.93	54.32
7	84	58.02	61.03
8	96	63.63	67.27
9	108	68.79	73.07
10	120	73.58	78.48
11	132	78.01	83.55
12	144	82.14	88.30
13	156	85.98	92.76
14	168	89.58	96.97
15	180	92.95	100.93
16	192	96.12	104.67
17	204	99.09	108.21
18	216	101.90	111.56
19	228	104.55	114.74
20	240	107.05	117.76
21	252	109.42	120.64
22	264	111.67	123.38

Available Deduction = (Salary x 60%) - Deduction at Payslip + Redemption (settlement)
Loan Eligible = Available Deduction x Factor
In Hand (Permanent) = Loan Eligible x 92% - RM20
In Hand (Contract) = Loan Eligible x 87% - RM20

@@ Line 43: / Line 43: @@
 == Factor ==
 {| class="wikitable" style="text-align:center"
 ! YEARS !! MONTH !! FACTOR 5.99% !! FACTOR 4.99%