Takaful Credit Protection Scheme (Islamic And Conventional Loan) Takaful Credit Protection Scheme (Islamic And Conventional Loan)

Agrobank offers Takaful credit protection to borrowers under this scheme which indirectly protects the next-of-kin from the burden of repaying remaining loans if the borrower faces an untoward incident during the repayment period.

Qualification

  • Bank customer
  • Age less than 18 years during application
  • Age not exceeding 65 years when financing period matures

Scope of protection

  • Natural or accidental death
  • Permanent disability.

Type of Protection

  • Group Decreasing Term Assurance (GDTA) – specially for financing of below RM100,000.00
  • Mortgage Reducing Term Assurance (MRTA) – Specially for loans exceeding RM100,000.00

Others

  • Subject to conditions of the master policy.


  
Best Viewed using IE Version 7.0 or Mozilla Firefox Version 2.0 and above with a screen resolution of 1024 X 768