Mortgage Reducing Term Takaful (MRTT)

You seek greater security to ensure your family will always have a home

Looking for coverage that can save your loved ones from settling your home financing in the
unlikely event something happens to you?
Want a solution to settling your home financing if you are unable to work due to a permanent
disability?
Like a coverage that not only settles your home financing due to an unfortunate event but also
pays you dividend as well?

At Standard Chartered, you can expect to a smart solution to all these and more!

We offer you complete peace of mind by ensuring your home financing will be settled even if you are unable to do so

At Standard Chartered, we believe in ensuring you always enjoy worry-free solutions. Understanding your concern that you wish to ensure your worldly affairs are all settled without hindering your family, we bring you the comfort of the Mortgage Reducing Term Takaful (MRTT).

MRTT provides long term coverage on the financing amount with the financial institution with the fixed maturity period. This takaful plan is a financial programme that pools efforts to help those in times of need due to untimely death and other mishaps which result in personal injury or disablement.

How our Mortgage Reducing Term Takaful (MRTT) works for you ..

Your benefits

Indemnity on Death and Permanent Total Disability
Indemnity will be paid to the Bank in case of any mishap before maturity
Profit sharing "Mudharabah"
Cash Refund for early termination
One lump sum premium for the whole tenure
24 hours worldwide coverage

Main Types of Insurance Plans

For more information about Standard Chartered's loan products:

Call us direct at 1300 880 388

Drop us a note at mortgage.direct@my.standardchartered.com

Locate a branch near you

*Terms and conditions apply. The Bank reserves the right to amend the facilities, and terms and conditions without notice.