Fees and Charges > Personal Financing
Description |
Type of Charges |
Charges (RM) |
|---|---|---|
| Personal Financing (Personal Financing for Professional Program, Personal Financing-i Non Package, Personal Financing-i Package and Personal Financing-i for Zakat Asnaf) |
Stamp Duty |
Ad-Valorem 0.5% of total financing amount for Principal Document and RM10.00 Nominal for Secondary Documents as stated in the Stamp Duty Act 1949 (Revised 1989) |
| Wakalah Fee | RM50.00 – RM25.00 of each ABPA and ABSA | |
| Late Payment Charges (Ta’widh) | Before Maturity of Facility A sum equivalent to one per cent (1%) per annum on overdue instalments until the date of full settlement. After Maturity of Facility A sum equivalent to the prevailing daily overnight Islamic Interbank Money Market (IIMM) rate on outstanding balance i.e. outstanding Sale Price less rebate (Ibra’), if any. Post Judgement Debt A sum equivalent to the prevailing daily overnight Islamic IIMM rate on basic judgment sum calculated from judgment date until the date of full settlement. |
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