Petronesa - HDM Capital

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Revision as of 09:44, 3 February 2012 (view source) Admin (Talk | contribs) (→Factor) ← Older edit		Revision as of 09:45, 3 February 2012 (view source) Admin (Talk | contribs) (→Factor) Newer edit →
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	! YEARS !! MONTH !! 6.99% !! 7.99%		! YEARS !! MONTH !! 6.99% !! 7.99%
	|-		|-
-	! 1 | 12 || 11.216 || 11.112	+	! 1
		+	| 12 || 11.216 || 11.112
	|-		|-
	! 1.5		! 1.5

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Revision as of 09:45, 3 February 2012

Contents 1 Product Features 2 Employment Status A - 6.99% 3 Employment Status B - 7.99% 4 CTOS For All Types of Employer 5 Factor

Product Features

• Location : West Malaysia only.
• Type of Employer (AG Policy)

1. Federal Government (AG)
2. Police
3. Government Universities & Hospitals
4. West Malaysia state Government (State Treasury Payslip)
5. LHDN, KWSP & Perkeso
6. Majlis Amanah Rakyat (MARA)
7. Employer with pension scheme (under acceptance list)

Employment Status A - 6.99%

• Criteria:
  • Permanent
  • Working more than 1 year
  • Payslip
    • AG WITH & WITHOUT deduction EPF
    • Majlis, Dewan & Badan Berkanun with EPF
• Interest: 6.99%
• Tenure: Min 1 to 20 Years.
• Payout: 89% - RM10
• Facility Amount :
  • Minimum: RM1000
  • Maximum: RM150,000 or 50 X which ever is lower
  • Exceptions:
    • PRA & Driver with Pension: Max RM75,000
    • PRA & Driver with EPF: Max RM30,000
    • Pegawai Keselamatan, Polis Keselamatan, Polis Bantuan & Jaga (with Pension ONLY): Max RM30,000
• Financing Age:

Retirement Age	Borrowing Age
55	18 to 54.25
56	18 to 55.00
58	18 to 56.50

• Minimum Salary :
  • RM800 - Police
  • RM900 - All applicants.

Employment Status B - 7.99%

• Criteria:
  • Permanent
  • Working more than 1 year
  • Payslip NOT AG & WITHOUT EPF deduction
• Interest: 7.99%
• Facility Amount :
  • Minimum: RM1000
  • Maximum: RM70,000 or 20 X which ever is lower
  1. • Exceptions:
       • PRA with EPF: Max RM10,000
       • Driver with EPF: Max RM15,000
• Other Requirements: Same with Employment Status A

CTOS For All Types of Employer

• Max RM25,000 or 2 cases (allow to do partial settlement)

Factor

YEARS	MONTH	6.99%	7.99%
1	12	11.216	11.112
1.5	18	16.292	16.074
2	24	21.056	20.693
2.5	30	25.537	25.005
3	36	29.759	29.039
3.5	42	33.744	32.821
4	48	37.512	36.375
4.5	54	41.079	39.719
5	60	44.461	42.872
5.5	66	47.672	45.851
6	72	50.726	48.668
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112
1	12	11.216	11.112

• Available Deduction = (Salary x 60%) - Deduction at Payslip + Redemption (settlement)
• Loan Eligible = Available Deduction x Factor
• In Hand = Loan Eligible x 100%