| |
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
|
|
|
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.
|
|
|
|
|
|
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 |
|
Key
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
|