Eligibility
- Individuals who are between the age of 18 and 70 years old at the end of financing tenure
- Bumiputera
Financing Amount
- Min financing amount : RM10,000
- Max financing amount: Up to RM200,000 per customer, at any one time including the balance outstanding of the existing ASB financing (if any), or up to maximum investment amount allowed by ASNB, whichever is lower
Margin of Financing
- Up to 105% (if inclusive of Personal Reducing Term Takaful (PRTT) and Will Fee (if any) inclusive of any tax (if any)
Financing Tenure
|
Details |
Financing Tenure |
|---|---|
|
Application at Maybank/Maybank Islamic Branch |
Up to 35 years or up to age 70 years old, whichever is earlier. |
|
Online application via Maybank2u |
Up to 30 years or up to age 65 years old, whichever is earlier. |
Financing Rate
Application at Maybank Branch
|
Facility Amount |
Tenure ≤ 30 years |
Tenure > 30 years |
|---|---|---|
|
<RM30k |
With PRTT |
With PRTT |
|
Single Rate |
IBR+1.90% p.a. (Eff. Rate: 3.65%) |
IBR+1.95% p.a. (Eff. Rate: 3.70%) |
|
≥ RM 30k |
With PRTT |
With PRTT |
|
Tier 1 First 3 years |
IBR*+1.55% p.a (Eff. Rate: 3.30%) |
IBR*+1.60% p.a (Eff. Rate: 3.35%) |
|
Tier 2 Year 4 onwards |
IBR*+1.80% p.a (Eff. Rate: 3.55%) |
IBR*+1.85% p.a (Eff. Rate: 3.60%) |
Click here to view the monthly instalment repayment schedule
Online application via Maybank2u
| Financing Details | Financing Rates |
|---|---|
| Financing amount below RM30,000 with tenure between 5-30 years |
3.55% p.a (BR/IBR +1.80% p.a) |
| Financing amount RM30,000 and above with tenure between 5-30 years |
3.45% p.a (BR/IBR +1.70% p.a) |
Current BR/IBR is at 1.75% p.a. with effective from 9th July 2020
Click here to view the monthly instalment repayment schedule
Repayment
- Monthly in single installments 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