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PRODUCT DISCLOSURE SHEET CUSTOMERS COPY Read this Product Disclosure Sheet before you decide to take out the CIMB Islamic ArRahnu. Be sure to also read the Terms in the letter of offer. Seek clarification.

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How to fill out the PRODUCT DISCLOSURE SHEET CUSTOMERS COPY online

Filling out the Product Disclosure Sheet Customers Copy is a crucial step in understanding your CIMB Islamic Ar-Rahnu product. This guide provides clear instructions to assist you in completing the form accurately and efficiently, ensuring you have all the necessary information at hand.

Follow the steps to successfully complete the form online.

  1. Press the ‘Get Form’ button to obtain the document and open it in your online editor.
  2. Read the introduction section carefully to familiarize yourself with the CIMB Islamic Ar-Rahnu product and its key features.
  3. In the 'What do I get from this product?' section, fill in the value of the pledged asset in RM, the margin of financing, facility amount, facility tenure, and maturity date as applicable.
  4. Complete the section detailing your obligations. Choose either bullet payment or monthly installment based on your preference, and input the total facility amount and custodian fee.
  5. Fill in the 'What are the fees and charges I have to pay?' section. List the custodian fee, stamping fee, and any additional incidental fees.
  6. If applicable, note the conditions that apply if you fail to fulfill your obligations, including the auto-extension and auction terms.
  7. Complete the section regarding early settlement. Indicate if you intend to settle the facility early and provide any necessary details.
  8. Ensure you understand the major risks associated with the product and acknowledge your understanding by filling out the relevant section.
  9. Confirm that no guarantor is required and specify the type of collateral you will be providing.
  10. Update your contact details in the form, ensuring that they are current and accurate.
  11. Finally, review the form for any additional assistance or inquiries you may have, providing the necessary contact information or queries.
  12. Once completed, save any changes made, and download, print, or share the form as necessary.

Complete your PRODUCT DISCLOSURE SHEET CUSTOMERS COPY online today to stay informed and secure in your financial decisions.

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A document that financial service providers must provide to you when they recommend or offer a financial product. It must include information about the product's key features, fees, commissions, benefits, risks and the complaints handling procedure.

The aim of the Product Disclosure Sheet is to help consumers make informed decisions when purchasing a financial product based on a clear understanding of the main features and risks of the product.

In many cases, the Product Disclosure Sheet was presented to consumers only after a decision had already been made to purchase a product.

For example, a PDS for a car insurance policy could explain how the value of your car would be assessed if you had an accident where it could not be repaired, or a home insurance PDS could explain how leaving your door unlocked could affect your chances of being covered if there was a robbery.

A Product Disclosure Statement (PDS) provides you with essential information to help you decide whether to invest in a financial product. It uses clear language to explain the product and replaces older forms of financial product disclosure information such as investment statements and prospectuses.

A Disclosure Statement is a written description of a contractor's cost accounting practices and procedures.

It aims to protect consumers by providing them with information necessary to make an informed decision. Many financial products require a technical knowledge that puts the seller at an advantage compared to the buyer. The PDS gives essential product information upfront.

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