General Investment Account-i |
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Asian Finance Bank offers the General Investment Account-i facility for you to gain maximum profit through your investment. This facility is based on the principle of Mudharabah (Trustee Profit Sharing) where a contract is made between the depositor and Bank. As a depositor you can choose the best fit for your investment-short, medium or long term and you will be able to share the profit earned in the time frame you opt for. Profit from these investments will be distributed according to a pre-agreed profit sharing ratio. |
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| Features & Benefits
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Shariah compliant. |
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Profit based on pre-determined profit-sharing ratio. |
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The rate of return is calculated daily as declared on the 16th of every month. |
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Flexible tenure. |
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Attractive profit sharing ratio. |
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Profits are paid in cash, banker’s cheque or credited into your Saving account / Current account. |
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Automatic renewal of deposit can be affected with or without profit. |
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Shariah compliant investment. |
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Depositors will enjoy higher returns with longer investment tenure. |
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Profit sharing ratio is 50:50 basis between the customer and the bank. |
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| Eligibility
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Individuals aged 18 and above are eligible to open a General Investment Account-i on an
individual or joint basis. |
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Non personal accounts such as association, clubs, societies, professionals or government
authorities. |
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Minimum placement of RM500.00 for 2 months and above and RM5000.00 for 1 month placement. |
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| Required Documentation
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A copy of MyKad / Identity Card (Malaysian resident). |
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A copy of Passport / Work Permit or Student ID / Visa with offer letter from college or university (Non-Resident). |
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For business enterprises: company M&A, Form 24 & 49 and company's resolution to open
account. |
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Complete the relevant application forms and specimen signature forms. |
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To tender other relevant documents. |
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Application to be made in person. |
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