Appendix 9
PRODUCT DISCLOSURE SHEET /Read this Product Disclosure Sheet before you decide to take up the Unit Trust Loan (SARA 1M).
Be sure to also read the general terms and conditions / Skim Amanah Rakyat 1Malaysia (SARA 1M) Loan
31/12/2011
1. What is the product about?
Skim Amanah Rakyat 1Malaysia (SARA 1M) Loan is another form of term loan to purchase Amanah Saham 1Malaysia (AS1M) unit trust. It is offered to eligible Bumiputera & non-bumiputera age 18 to 58 years old with combined gross household monthly income of between RM500 to RM3,000. The distribution is based on first-come-first serve basis, subject to terms and conditions and availability of the fund.
2. What is the monthly deposit amount that I have to pay?
You are to commit to deposit RM84.00 every month for 59 months and RM44.00 for the 60th month to the Bank as principal payment until end of loan tenure for 5 years.
3. What are the charges or additional fees that I have to pay?
No fee and charges will be charged to the customer.
4. What if I fail to pay the monthly deposit?
You will be considered to be in default of the Scheme in the event that you failed to make any deposits into the Special Deposit Account for three (3) consecutive months, or the total of any deposits over a period of three (3) consecutive months is less than a month Deposit Amount. The Bank reserves the right to sell the AS 1Malaysia Units pledged to the Bank and credit the proceeds towards adjustment of your liability with the Bank.
5. What if I give false information to the bank?
SPV/Maybank has the right to terminate your participation in the scheme in the event of any false information given by you and all costs incurred shall be borne by yourself.
6. Where can I get assistance and redress?
· If you have difficulty in paying the monthly deposit, you should contact us earliest possible to discuss payment alternatives. You may contact us at:
Malayan Banking Berhad
Menara Maybank
100, Jalan Tun Perak
50050 Kuala Lumpur
Malaysia
Call Centre Tel No : 03-5891 4789
Website : http://www.maybank2u.com.my/
· Alternatively, you may seek the services of Agensi Kaunseling dan Pengurusan Kredit (AKPK), an agency established by Bank Negara Malaysia to provide free services on money management, credit counseling and debt restructuring for individuals. You can contact AKPK at:
Tingkat 8, Maju Junction Mall
1001, Jalan Sultan Ismail
50250 Kuala Lumpur
Tel : 1-800-22-2575
E-mail :
· If you wish to complaint on the products or services provided by us, you may contact us at:
Malayan Banking Berhad
Menara Maybank
100, Jalan Tun Perak
50050 Kuala Lumpur
Malaysia
Call Centre Tel No : 03-5891 4789
Website : http://www.maybank2u.com.my/
· If your query or complaint is not satisfactorily resolved by us, you may contact Bank Negara Malaysia LINK or TELELINK at:
Block D, Bank Negara Malaysia
Jalan Dato’ Onn
50480 Kuala Lumpur
Tel : 1-300-88-5465
Fax: 03-2174 1515
Email :
7. Where can I get further information?
Should you require additional information, please do not hesitate to contact our Call centre Tel No : 03-5891 4789