Products

Financing-i / Personal Financing-i Private Sector
Personal Financing-i Private is specially designed to fulfil your current financial needs, with its competitive profit rates in the market.

Tawarruq

  • Amount of financing up to RM150,000
  • Financing tenure :​
    SALARY FINANCING TENURE
    NEW APPLICATION REPEATED / OVERLAP APPLICATION

    RM2,000 – RM 3,000  

    5 years 10 years
    RM3,001 and above

    10 years

  • No guarantor
  • Takaful coverage is optional
  • Malaysian citizen
  • Minimum age of 18 years and maximum 60 years old at the end of the financing tenure
  • Minimum Gross Income including fixed allowances
    • RM2,000 and above for Permanent Employee
    • RM8,000 and above for Contract Employee
PAYMENT TYPE INCOME ELIGIBILITY
  • Biro Perkhidmatan Angkasa (BPA)
  • Salary Deduction (PGM)
  • Salary Transfer to Bank Rakyat
RM 2,000 – RM 4,000 15 times monthly gross income
RM 4,001 – RM 6,000 20 times monthly gross income
More than RM 6,000 25 times monthly gross income

Electronic Payment

RM 1,000 – RM 5,000 5 times monthly gross income
RM 5,001 – RM 10,000 8 times monthly gross income

More than RM 10,000

10 times monthly gross income

Floating Rate

PAYMENT TYPE TENURE PROFIT RATE EFFECTIVE / FLAT
  • Salary Transfer To Bank Rakyat
  • Biro Perkhidmatan Angkasa
  • Salary Deduction

 

Up to 3 Years BR+ 5.37% 9.47% / 5.09%
More than 3 - 10 years BR+ 5.52% 9.62% / 5.61%
  • Electronic Payment

Up to 3 Years

BR+ 7.37% 11.47% / 6.22%
More than 3 - 10 years BR+ 7.67% 11.62% / 6.95%

*Note :

  1. Current Base Rate (BR) is 4.10%
  2. Additional profit rate of 1.5% over the current profit rate for financing without takaful
  3. Ceiling Rate = Effective + 4.00%
DOCUMENTS REQUIRED NEW APPLICATION REPEATED/ OVERLAPPING
  • Copy of Mykad

  • Latest 3 months salary slip

  • Latest 3 months Bank Statements of salary crediting account
 
  • EPF Statement
  • And at least one (1) of the below:
    • Confirmation letter from employer
    • EA Form
    • e-B Slip by LHDN

TRANSACTION CHARGE
Custodian of security documents (post settlement) RM10/set/month
Statement issuance for EPF withdrawal RM 15/document
Wakalah or Agency Fee Wakalah or agency fee of RM28.30 
Stamp duty fee 0.5% of total financing as contained in the Stamp Duty Act 1949.
Compensation Charge (Ta'widh) for Late Payment Before maturity: 1% per annum on the installment amount.
After maturity: Should not more than IIMM rate on the outstanding principal.

The published rates, fees and charges are effective from 1st November 2018 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.