Alliance Bank Malaysia Berhad

Head Office Address

Menara Multi Purpose, Capital Square,
No. 8, Jalan Munshi Abdullah, 50100 Kuala Lumpur
Telephone: +60 3 2694 8800
Facsimile: +60 3 2694 6727
Call Center: 03 5516 9988
Website: www.alliancebank.com.my
 

 

Last Reported BLR : 6.60%
(Effective Since 13/05/2011)
 

Interest Payment Option
 

Interest Payment Option (IPO) features the combination of SaveLink HL and interest servicing (similar to the nature of OD) for the first 5 years from first disbursement or 3 months from the Letter of Offer date, whichever is earlier.
 

 

 

SAVELINK IPO (with MRTA)
 
Completed Properties

Loan amount up to RM400,000:

Year SaveLink IPO (new)
Non-ZEC/FEC
(% p.a.)
ZEC
(% p.a.)
1st to 2nd BLR - 1.80% BLR - 1.20%
3rd to 5th BLR - 1.80% BLR - 1.20%
Thereafter BLR - 1.80% BLR - 1.80%

Exclusive packages available for financing amount above RM400,000.

Additional terms to the above

  • Minimum residential property value/purchase price: RM100,000
  • Minimum loan tenure: 15 years (inclusive of Interest period). Maximum age at loan approval is 50 years.
  • Interest period/first year rate: 5 years from first disbursement or 3 months from LOF date whichever is earlier.
  • Repayment tenure: Based on loan tenure applied less interest period.
  • 'Without MRTA' pricing: Plus additional 0.05% p.a. on across all tiers.
  • OD facility: Max MOF 50% @ BLR + 0% p.a.
  • Lock-in Period/Penalty comprises two categories per the following schedule:
Packages Lock-in period
(from 1st disbursement)
Penalty % on
original loan
Min. loan amount
RM'
NON-ZEC/FEC
IPO Under Construction 5 years 3% 100,000
IPO Completed 3 years 3% 100,000
 
ZEC
IPO Under Construction 5 years 3% 150,000
IPO Completed 5 years 3% 150,000


K
ey Benefits

  • Low initial payment of interest: only for the first 5 years from first disbursement or 3 months from Letter of Offer date, whichever is earlier

  • Flexibility of OD at the price of HL rates

  • Easier Certificate of Fitness (CF) commitment at lower HL rates for home upgraders.

For more information, please call 03-5516 9988
 

 

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Reasonable efforts are made to maintain accuracy of information published.
However, information could contain errors or inaccuracies and is presented without warranty and statutory means.
No liability is assumed for errors or omissions. Viewers are advised to consult their banker or financial consultant for complete information and their professional advise.

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