• BSN MyRinggit-i SANDARAN BSN SSP
    Getting hold of extra funds couldn't be easier

    Eligibility

    • Malaysian citizen aged 18 years old and above (not more than 65 years old at the end of financing period)
    • Authorised BSN SSP unit / certificate holder

    Shariah Concept

    Tawarruq consists of two sale and purchase contracts. The first involves the sale of an asset by a seller to a purchaser on a deferred basis. Subsequently, the purchaser of the first sale will sell the same asset to a third party on a cash and spot basis.

    BSN MyRinggit-i SANDARAN BSN SSP
    Getting hold of extra funds couldn't be easier

    Eligibility

    • Malaysian citizen aged 18 years old and above (not more than 65 years old at the end of financing period)
    • Authorised BSN SSP unit / certificate holder

    Shariah Concept

    Tawarruq consists of two sale and purchase contracts. The first involves the sale of an asset by a seller to a purchaser on a deferred basis. Subsequently, the purchaser of the first sale will sell the same asset to a third party on a cash and spot basis.

Our BSN MyRinggit-i Sandaran BSN SSP allows you to secure up to 95% of your BSN SSP value without any guarantor!

DOCUMENTS REQUIRED

Permanent & Contract Employee:

  1. A copy of latest 1 month salary slip.
    OR
    Payment voucher (with company’s stamp / letter head) as a payment proof of monthly salary for the latest six (6) months.
  2. Any 1 of the following documents (if the evidence of income is salary slip):
    • Latest EPF statement
    • *Employer Confirmation Letter
    • Latest EA/EC and e-filing form

*HRMIS can be used for applicants where their salary is managed by Accountant General (AG) / PDRM / State Treasury.

Self-employed:

  1. A copy of latest 6 months bank account statement.
  2. Latest e-B/ e-BT slip and e-filing or any verified documents by the Inland Revenue Board (LHDN).

Financing Limit

Minimum

RM5,000

Maximum

95% from the value of applicant's BSN SSP

RATES

Tenure (Years)

Profit Rate (% p.a.)

Minimum Financing Amount (RM)

1 to 2 3.00% 5,000
3 to 10 3.50% 10,000
3 to 10 4.00%  < 10,000

FEATURES 

  • Mode of payment is via BSN Standing Instruction
  • No guarantor required. Applicant's BSN SSP certificate will be pledged to the Bank instead.

Get Started with our Financing Calculator

Wish to know how much you would be paying every month? Let us help you get started. 

{{lang == 'en' ? 'Kindly enter your financing details' : 'Masukkan butiran pembiayaan anda di sini'}}

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{{lang == 'en' ? 'Disclaimer :' : 'Penafian :'}}
{{lang == 'en' ? ' This calculator serves as an estimate only. It is provided for illustrative purposes and is based on the accuracy of information provided. It does not constitute a quote. BSN shall not be responsible for any inaccuracies or errors resulting from the use of this calculator.' :'Kalkulator ini berfungsi sebagai anggaran sahaja. Ia disediakan untuk tujuan ilustrasi dan adalah berdasarkan ketepatan maklumat yang diberikan. Ia bukan merupakan sebut harga. BSN tidak akan bertanggungjawab terhadap sebarang ketidaktepatan atau kesilapan yang disebabkan oleh penggunaan kalkulator ini.'}}

LATE PAYMENT CHARGES (LPC) 

Late Payment Charges will be charged based on Ta’widh (Compensation).

During financing PeriodLate Payment Charges (LPC) of 1% per annum will be imposed on the overdue monthly instalment payment in the event you fail to pay any monthly instalment within the stipulated period from the first disbursement of the financing until its maturity date.
After the completion of financing periodPrevailing daily overnight Islamic Interbank Money Market (IIMM) rate will be charged for failure to pay the total outstanding balance after maturity or upon judgment obtained, whichever earlier.

NOTES:

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