Strategic Alliance Financing-i (SALF-i) is financing facilities granted to finance development projects for economic activities (agriculture and agro-based) launched by the State Government or the Federation.
Funding is provided to project participants individually or agencies authorised by the State Government or Federation as a Project Manager. This product is based on the Tawarruq transactions.
Product Details
| Financing Limit | Up to a maximum of 100% of the total project |
| Tenure | Up to a maximum of fifteen (15) years |
| Profit Rate (Subject to change) |
From BFR - 1.0% to BFR + 2.0% p.a. calculated on the monthly balance Ceilings Profit Rate (CPR) : Effective Profit Rate (EPR) : |
Note:
Current Base Financing Rate (BFR) is 6.75% and will be determined by Agrobank from time to time
Fi&Caj
| Stamping Fees | As per the Stamp Duty Act 1949 (Revised 1989). |
| Takaful Contribution | Based on financing amount given. |
| Brokerage/Trading Fees | Brokerage fee for every successful Tawarruq transaction is at RM 7 for every millions of commodity purchasing amount. |
| Legal Fees | Include solicitors fees for financing documentation, registration of charge, land search and bankruptcy search and others related charges. |
Product Disclosure Sheet SALF-i
