Personal Banking

Financing-i / Auto Financing-i (An Naqlu 2)
Bank Rakyat Auto Financing-i offers a flexible and affordable instalment scheme when purchasing a national or imported car available in the market.
  • Tawarruq or Al-Ijarah Thumma Al-Bai` (“AITAB”)
  • Maximum margin of 100% from on the road (OTR) sales price or invoice
  • Financing tenure for up to 9 years
  • Maximum financing amount subject to customer's monthly instalment limit
  • Financing is for any purchase of new or used passenger car. 
  • Not less than 18 years old and not more than retiring ages 55/56/60* years old on the end of financing tenure.
  • Open to all public and private sector employees with fixed income who have served for at least 6 months.
  • Minimum monthly income of RM1,500.

Please contact our nearest branch for information.

  • Biro Perkhidmatan Angkasa (BPA)
  • Salary Deduction by Employer (PGM)
  • 1 Copy of MyKad
  • 1 Copy of Driving License
  • 1 Copy of Latest 3 Months Salary Slip
  • Statement of Account Transactions
  • Confirmation Letter from Employer
Items Charges
Auto Financing-i  Ad Valorem
Lawyer fees for agreement  RM212.00 – RM265.00
Stamp Duty 0.5% of total financing as per Stamp Duty Act 1949 (Revised 1989).
Wakalah Fee RM28.30 (inclusive of Brokerage Fee)
Issuance of letter to JPJ for change of vehicle engine no., interchange of vehicle registration no., duplicate registration card etc. RM15.00 per document
Issuance of letter to authority for transfer of vehicle to East Malaysia or vice versa. RM15.00 per document

The published rates, fees and charges are effective from 1st April 2019 following the implementation of 6% SST from 1st September 2018. Terms & conditions apply.

For any enquiries, please visit the nearest branch or call our Contact Centre tele-Rakyat at 1-300-80-5454.

*Terms and conditions apply.