RHB - PENCEN

From Internal

Product Features

• Location: Whole Malaysia
• Interest Rate:5.00%
• Payout:RM80 - Insurance (refer table)
• 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 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