Maybank ASB Loan

Here is the info on ASB Loan offered by Maybank. I got the info of their website. You can go there for more info.

Eligibility

• Individuals who are between the ages of 18 and 60 years old
• Bumiputera

Loan Amount

• Min loan amount : RM10,000
• Max loan amount : Up to RM400,000 per borrower, at any one time including the balance outstanding of the existing ASB loans (if any), or up to the maximum investment amount allowed by ASNB, whichever lower

Margin of Advance

For loan amount up to RM200,000

• Up to 100% of nominal value of ASB units
• Up to 105%, inclusive of the GASBRTA

For loan amount above RM200,000, at any one time

• Up to 95% of nominal value of ASB units
• Up to 100%, inclusive of the GASBRTA

Loan Tenure

• Up to 25 years or
• Up to age 60, whichever is earlier

Pricing

• Loan below 30,000
  BLR - 1.35 % (for 1st 3 years)
  BLR - 1.30 % (thereafter)
• Loan RM30,000 & above
  BLR - 1.65% (throughout loan tenure)

View the monthly instalment repayment schedule

Repayment Frequency

• Monthly

Repayment Option

• Single installment only

Mode of Installment Payment

• Variable Standing Instruction (VSI)

ASB Income Distribution & Bonus Earned

• Automatically credited into the respective ASB unit holder's account
• ASB financial year ends December 31

Required Documents

• 1. Application form
  2. Photocopy of Identity Card
  3. Photocopy of latest 3 months pay slip/other proof of income e.g : Bank account statement
  4. Photocopy of ASB Passbook (for existing ASB unitholder customers)

For further details, visit your nearest branch today!

* Please call during office hours (Mon to Thurs: 9.00am - 5.45pm, Fri: 9.00am - 4.45pm). Terms & Conditions apply.