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PAWN BROKING-i AR-RAHNU

This scheme provides a source of immediate financing to assist individuals in overcoming cash-flow needs.

Concept

Al-Wadiah and Qardhul Hassan
 
Eligibility
  • Malaysian citizens aged 18 years and above and permanent residents.
  • Not a bankrupt
Quantum of Financing
  • Financing up to 65% of the pawned gold value (Marhun value)
  • Each pawned item not exceeding RM10,000.00 per day and a cumulative amount of RM50,000.00.
Repayment Period
  • Loan tenure : 6 months only
  • Extension period : 6 months (mutiple extensions) subject to settlement of safe keeping fee for the past 6 months
Pawn Products

Gold jewellery 22K - 24K
 
Fees

A minimum fee is charged for the safekeeping of the valuables.
 
Type of Scheme Amount of Loan Safekeeping fee for every RM100.00 of gold value per month
Ar-Rahnu RM1,000.00 and below
RM1,001.00 - RM10,000,00
RM0.65
RM0.75
Az-Zahab RM5,001.00 - RM50,000.00 RM0.75
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Bangunan Bank Rakyat, Jalan Tangsi, Peti Surat 11024, 50732 Kuala Lumpur.
Tel: 03-26129600, Fax: 03-2612 9655, Tele-Rakyat : 03-21179000
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