We first determine your financing requirements in relation to the duration and manner of payment. The Bank then purchases a given asset that you wish to acquire and subsequently sells the asset to you at a mutually agreed price. This price also comprises the Bank's actual cost and profit margin. You will then pay this price to the Bank through monthly installments.

Term Financing-i for purchase of residential vacant land is based floating rate features based on the movement of the Base Financing Rate (BFR) with capped at an agreed ceiling rate.

Features and Benefits:
	Financing of residential vacant land (from developers, sub-sale, refinancing from another FI, unencumbered property & auction property)
	Minimum financing amount is RM50,000.00
	Margin of financing (MOF) is up to 85% + 5% (GMTP/Legal/Valuation)
	Applicant can enjoy flexible financing up to 30 years or up to the age of 65 years, whichever is earlier.
	Profit computation on facility shall be in daily rest.

Eligibility:
	Individuals aged 18 years and above.
	Malaysian or permanent resident.

Requirements:
	Salaried Applicant: NRIC photocopy. Latest 3 months' salary slip. EA form / EPF statement (last 2 years). Sales & Purchase Agreement / Booking receipt from developer.
	Self-Employed: NRIC photocopy. Latest 3 months' salary slip. EA form / EPF statement (last 2 years). Sales & Purchase Agreement / Booking receipt from developer. Business registration A&D Last 3 months bank statement

Non Free Moving Cost (NFMC) - All costs and charges incurred in relation to the facility (i.e takaful, valuation fee, legal and stamping fees) are to be borne by the customer.