This is for existing customers who find it difficult to meet short term expenses as a result of commitments on mortgage loans. The loans does not necessarily need to have been issued by ASO ab initio.

Features

• Obligor Exposure : Based on affordability: Max 33% of net monthly income

• Interest rate: 30% P.A

• Tenure: 1 month

• Security/Collateral : Mortgage or savings customers who are required to domicile their salary or business accounts with ASO

• Repayment Structure : Monthly repayment of interest and principal