This poduct offer to all staff from government / private sector, through the Al-Bai’ Bithaman Ajil (BBA) concept.
Facility provides to the individual who have a fixed income which plan to buy and developed land under the Al-Bai’Bithaman Ajil (BBA) concept.
- Malaysian citizen and reside in Malaysia
- Offer to all staff from government/private sector
- For Government sector; gross salary included Fix allowances not less than RM 1,500.00/ month
- For Private sector; gross salary included Fixed allowances not less than RM 2,000.00/month
- For the individual other than the two categories, the monthly income must be stable and affordable.
- 21 – 60 yrs (On the maturity date of funding)
- Maximum financing amount is subject to Approving Authority
- Up to 100% margin of financing for the purchase of agricultural land
- SCHEME A (BPA CUSTOMERS)
- SCHEME B (Non-BPA)
- Not exceeding 240 months/20 years @ until applicant reach the age of 60 years on the maturity date (which ever come first)
- The land must be pledge to Agrobank, however, if the land value is not sufficient, the additional land for pledge or guarantor is needed.
Fees & Charges