Business Banking

Business Financing-i / Vehicle-i
Our vehicle financing-i package is Shariah compliant financing facility and enables companies to purchase commercial and industrial vehicles to enhance their commercial transportation fleet.

Call us to enquire how Bank Rakyat can assist you in the purchase of commercial or industrial vehicles.

Eligibility : All business entities such as private limited companies and co-operatives.

Concept : Tawarruq

Purpose : To purchase commercial and industrial vehicles

Margin : Up to 70% of vehicle purchase price

Tenure : Maximum 7 years.

Additional Documents Required

Hire Purchase-i

  • Quotation and detailed information of the vehicles to be purchased
  • Cash flow and profit & loss projection of the contract