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Marketing Support by

Marketing Support by. Referral Name : KEE MOHD THARIQ BIN K ZAINAL ABIDIN Referral Membership/CIC No. : 113977. We all have dreams……. What’s yours?. We all have our own dreams……. How far exactly is our dream from where we are right now?. How are you getting paid?. Fixed Salary?

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Marketing Support by

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  1. Marketing Support by Referral Name : KEE MOHD THARIQ BIN K ZAINAL ABIDIN Referral Membership/CIC No. : 113977

  2. We all have dreams……. What’s yours?

  3. We all have our own dreams……. How far exactly is our dream from where we are right now?

  4. How are you getting paid? • Fixed Salary? • Commissions? • Combination of both?

  5. Active vs Passive Income Which one do you prefer?

  6. CONGRATULATIONS! If you say PASSIVE, welcome to the world of endless opportunities… For the rest welcome to our preview session

  7. What is passive income? • Income that you receive without you exchanging your time and efforts. • MLM • Insurance • Real Estate investment • Dividend Income from businesses

  8. Our obligations…. • How many of us here are debt FREE? • When you apply for a financing, what are you really looking for?

  9. Everyone looks for…. • …..cheapest cost of financing

  10. Have you ever heard of…. • a bank that is willing to share part of its profit … • to assist you in reducing your monthly obligations… • so that it treats you as its partner… • and grow together with you in fulfilling your dreams.

  11. What if I say that all Al Rajhi customers can get… • zero cost of financing… • their installments paid for every month… • their financing for free… • additional monthly income…

  12. Introducing…..

  13. Let’s understand how direct selling company pays their members? • Members of direct selling company needs to make minimum purchase every month. • Out of this minimum purchase, the company will realize its profit and a portion will be shared based on hierarchy of network within the direct selling company. • If no purchase is made, no income will be shared. It’s that simple.

  14. How does Al Rajhi share the profit and reward AFF members? • Al Rajhi will only realizes its profit when customers make monthly installments. • In each installment, it consists of: • Profit • Principal / Cost

  15. How does Al Rajhi share the profit and reward AFF members?

  16. How does Al Rajhi share the profit and reward AFF members? • Out of the profit portion, the cost of fund will be deducted to obtain the gross profit. • Al Rajhi will share a certain percentage from this gross profit and pay to its AFF members.

  17. How does Al Rajhi share the profit and reward AFF members? • The percentage to be shared from the gross profit are as follows: • Personal Finance 12.50% • Home Finance 10% • Vehicle Finance 9%

  18. How does Al Rajhi share the profit and reward AFF members? • Example for Home Finance: • Finance amount: RM250,000 • Profit Rate: BFR – 1.70% • Tenure: 15 years • Monthly Installment Amount: RM1,983

  19. How does Al Rajhi share the profit and reward AFF members? • Example for Home Finance: • Principal 1st Month: RM931 • Profit 1st Month: RM1052 • Cost of Fund to be deducted from 1st Month Profit • = (4.23% X RM250,000 / 12) = RM881 • Profit to be shared = (RM1052 – RM881) X 10% = RM17.1

  20. How will the members be rewarded? • Members are rewarded based on their position within the hierarchy network. • You may refer any number of members under your network and your referred members may do the same. • Any member can refer unlimited number of members directly under him/her. • Profit can only be shared within 4 levels under each member.

  21. How does Al Rajhi share the profit and reward AFF members? • Example for Home Finance: • Profit to be shared = (RM1052 – RM881) X 10% = RM17.1 • As there are 4 levels to be shared, the amount each member gets at each level from the PROMPT installment will be: • RM17.1 / 4 levels = RM4.27

  22. How will the members be rewarded? • Although there is no minimum monthly purchase in AFF, all members that obtained financing are required to make PROMPT payment. • PROMPT payment is defined as payment made ON or before the due date. • Profit of installment will not be shared if the installment is paid after the due date.

  23. Types of membership within AFF?

  24. When will I get my incentive? • On the 5th of every month, the system will check all installment payment for the previous month. • Then all prompt accounts will be arranged in the network hierarchy and the system will apportion the payment accordingly. • On the 7th, system will credit all incentives payable into your saving/current accounts.

  25. What if…. • If I obtain a financing of 250k for 15 years @ 5.05%, my installment per month will be RM1,983 • How many customers that I need to refer within my network in order for me to payoff my monthly installment? • For each referred customers of the same finance amount, each one will provide RM4.27, if they pay prompt. • Therefore, for RM1,983 per month, you have to get 464 customers directly under you or • you need to get only 5 customers at Level 1 and everybody does the same up to 4 levels. You will have 780 members in your network contributing RM3331.

  26. What if…. • How many customers should there be in my network if I want to earn RM12,000 per month? • There should be 2800 customers within your 4 levels of network each taking financing of RM250,000 and making PROMPT monthly payments. • Or you need only 7 customers directly under you at Level 1 and everyone in your group does the same up to 4 levels downward.

  27. In Brief….

  28. In Brief….

  29. How much you can get in total from financing referred? 5 years financing 20 years financing 7 years financing

  30. Will I be able to enjoy the shared profit immediately? It depends on type of financing products that your friends and family take. For Personal Finance & Vehicle Finance, rewards will be shared immediately after your referred members make the prompt monthly payment. For government servant members, monthly deduction will only commence 3 or 4 months after disbursement. For Home Finance, disbursement may take up to 4 months and installment will commence after disbursement has been done.

  31. What if I refer a customer and he does not want to be an AFF member? Membership is done at the free will of the customer. You can still get referral income from this customer. This customer, however, will not be eligible to refer and obtain referral income from other customers unless he joins the AFF. You still need to register this customer in AFF as non-member. No membership fee will be levied.

  32. How much does the membership cost? • All member needs to pay: • a one time registration fee of RM50 to be deducted on the following 7th of the month after membership application is submitted & approved. • subsequent years annual fee of RM20 to be deducted on 7th of the month of the anniversary. • No Cash will be collected by members. All fees are deductible from customers’ savings or current account.

  33. What is the difference between active and non-active member? Membership must be registered before a financing account is opened. Payment of incentive will only be paid to active member. Non active member will not receive their monthly incentive. Renewal of membership will be done automatically on the anniversary date where Al Rajhi will deduct the annual fee from their current or saving account.

  34. How do I know that my members paid on time? A statement will be provided on a monthly basis on your referred members coming from each level. No customer details will be provided as we will infringe BNM. Each member will be given a portal ID to check their direct recruit performance in Phase 2.

  35. Who is Al Rajhi targeting to be members of its AFF? • All retail financing products are eligible for this program: • Personal Finance • Home Finance • Vehicle Finance • Shop Finance (when we launch)

  36. Who are Al Rajhi targeting to be members of its AFF – Home Finance? • Malaysian and expatriates buying property/refinance property within locality of Al Rajhi’s branches. • Max MOF: 90% • Foreigners / Malaysians working abroad seeking financing for properties within ARB branches locality. • Max MOF: 75% • Foreigners purchasing property under MM2H. • Max MOF: 75% • Profit Rate: BFR – 1.70% • Fixed profit rate also available

  37. How to submit applications? • All finance applications together with AFF registration form need to be submitted to any of our branches or Direct Sales Executive. • You will get the AFF referral incentive when your friends and family make PROMPT monthly payment. • Sales figure will be reported under branches or the respective Direct Sales Executive.

  38. Who are Al Rajhi targeting to be members of its AFF – Personal Finance? • For Personal Finance, Al Rajhi targets: • Government servants through ANGKASA salary deduction • Mass market customers with salary above RM1500 with no adverse records in CCRIS & CTOS. • Arrangement under Al Rajhi Corporate Community Select can also be made.

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