SiAga Plan iB Savings

Summary of Product and Service Information (RIPLAY)
Akad
Mudharabah mutlaqah
  • Issuer Name : PT Bank KB Bukopin Syariah

  • Product Name : iB Multipurpose Plan Savings

  • Currency : IDR

  • Product Type : Savings

Benefits

Fixed Funds

Certainty of funds for children's education according to plan

Investation

Investment for multipurpose and future needs

Profitable

Investment facilities with profitable and competitive profit sharing

Information regarding iB SiAga Plan Savings

Benefits
  • Certainty of funds for children's education according to plan

  • Investment for multipurpose and future needs

  • Investment facilities with profitable and competitive profit sharing

  • Increase savers' discipline in saving

  • Customers get life insurance benefits with free insurance premium costs

  • Customers get a savings book and Insurance Certificate

  • Customers get a savings book and Insurance Certificate

    • If the customer dies naturally, the monthly deposit will continue up to a maximum of IDR. 500,000,000 per customer

    • If the customer dies as a result of an accident, receive bereavement compensation of 20x the maximum monthly deposit of IDR. 100,000,000 per customer

  • Customers can choose their own Umrah travel agency or use a Bank partner travel agency according to the Bank's reference

  • Competitive profit sharing

  • Types of iB Savings Plans:

    • SiAga Education Plan iB Savings is an investment tool in planning education funds for children in the future
       

    • iB SiAga Umrah Planning Savings is an investment aimed at performing Umrah for a planned period of time
       

    • iB SiAga Multipurpose Plan Savings is a planned investment that is used for various future needs

Terms and Conditions
  • Autodebit Wadiah Savings and Wadiah Current accounts.

  • Incidental deposits that can be made at any time so that the accumulated balance increases more quickly.

  • Real time on line at all KB Bank and KB Bank Syariah outlets.

  • Customers can choose their own Umrah travel agency or use a Bank partner travel agency according to the Bank's reference.

  • Individual customers must be at least 17 years old. Specifically for the Ib SiAga Education Plan Savings, the maximum age of the beneficiary is 17 years (beginning of the contract) and 18 years (end of the contract). Customers are given a notification sheet regarding the rights of Prospective Hajj Pilgrims and the Obligations of BPKH.

  • Regular monthly deposit minimum IDR 100,000 - IDR 5,000,000.

  • Contract period: 1 – 18 years.

  • Disbursement of education funds can be done in stages according to the minimum level of education after 3 years of saving.

  • Disbursement of multipurpose funds can only be done at the end of the contract.

  • Copy of KTP/SIM/Passport & NPWP.

  • Copy of the birth certificate of the Customer's child for those who open an ib SiAga Education Plan Savings account.

  • No monthly administration fees.

  • Free insurance premium fees.

  • Must have SiAga iB Savings or iB Current Account.

Costs
  • Monthly administration fee of IDR 0,-
  • Insurance premium costs Rp. 1,000,-
  • Contract termination administration fee is IDR 35,000.
  • Late deposit fines are a certain amount or a minimum of 1% of the monthly deposit.
Risk
  • Savings guarantees are not guaranteed by the Deposit Insurance Corporation if the nominal deposit balance exceeds Rp. 2,000,000,000,-

  • If the balance is equal to or more than Rp. 7,500,000,- will be taxed.

  • The bank has the right to reject product applications submitted if they do not meet the requirements, applicable regulations and sharia principles.

Notes
  • Customers ensure that they have read and understood the summary regarding products and services on the KB Bank Syariah website before opening a savings account. Customers have the right to ask questions, obtain assistance via halo KBBS or directly from Bank employees

  • The amount of the profit sharing ratio that the customer will receive is based on the profit distribution calculation by the bank