UNIFLEX: Overdraft Collateral with Public Mutual Funds (OD-UT)
Memandangkan OD-ASB dah dibekukan utk individu, mungkin OD-UT Public Mutual ni adalah option kepada OD-ASB.
UNIFLEX – Pledging of Units as Collateral
If you are a Public Mutual Unit Trust holder with cash investment (not applicable for investment from EPF account), you can pledge your funds as collateral to obtain Overdraft, Fixed Loan or a combination of both for your personal use.
For collateral with Overdraft, the details as below:
- Maximum margin of financing (MOF) is 80% from current investment value (during submission)
- Minimum OD amount is RM10,000 (after calculated the 80%)
- e.g. Cash investment in PM fund = RM12,500
- OD = RM10,000 (min OD amount)
- Interest rate = BLR-1% (daily rest)
- Switching to other PM fund is permitted
- No monthly commitment fee
- Required documents: IC, pay slip @ bank statement, UT fund statement.
- Application to be submitted to Public Bank.
Ni saje yg dapat saya share hasil maklumat dari bahagian pinjaman di Public Bank…kalau ade further info, boleh share/update di sini.