Products / Items |
Gratuity Financing (Civilian) |
Purpose |
Investment or Retirement preparation |
Who Can Apply |
All Federal and State Government staff under pension scheme
|
Tenure |
Minimum: 12 months
Maximum: 60 months (Non Executive "Sokongan" Gred 40 and below)
Maximum: 87 months (Executive "Pengurusan/Profesional" Gred 41 and above)
|
Financing Amount |
Minimum: RM10,000.00
Maximum: RM200,000.00 |
Margin of Financing |
Normal: 70%
Male Divorcee: 70%
If tenure less than 3 years prior retirement: 80% |
Profit Rate |
Flat: 6.75% p.a |
Mode of Payment |
Bullet payment from JPA (no monthly installment) |
Wasiat/Will - writing |
Compulsory |
Takaful |
Compulsory |
Guarantor |
Not available |
Documents Required |
• |
Copy of NRIC (front and back) |
• |
Latest 1 month Salary Slip |
• |
BMMB Saving Passbook |
• |
Borang Opsyen (Pekeliling Perkhidmatan Bilangan 6) |
| • |
Employment Confirmation Letter |
|
Applicant's Eligibility |
• |
Employment is under "TETAP dan BERPENCEN" category |
• |
No EPF deduction in salary slip |
• |
Bank for salary credit must be change to BMMB |
|
Note:
1) Customer's not a Bankruptcy during apply BMMB financing
2) Terms and conditions apply
