Bank Rakyat Auto Hire Purchase Financing-i offers a flexible installment scheme in purchasing new local and imported cars from the market.
- Al-Ijarah Thumma Al-Bai` (“AITAB”)
- Maximum margin of 90% from on the road (OTR) sales price or invoice
- Maximum financing tenure for up to 9 years
- Financing limit is open and subject to customer's ability for monthly instalment commitment
- Financing is for any purchase of new or used/reconditioned national or imported car
- Not less than 18 years old and not more than retiring age at 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)
- Electronic Payment
- Salary Transfer
- 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
PERKARA | CAJ |
---|---|
Auto Hire Purchase Financing-i |
You are advised to subscribe for motor coverage from Takaful companies. If customer prefers to subscribe for insurance coverage, the contribution/premium cost shall be borne by the customer. |
Hire Purchase Financing-i Retirees |
Note: Takaful Protection (DTT) is compulsory from a takaful company. You are advised to subscribe for motor coverage from Takaful companies. If customer prefers to subscribe for insurance coverage, the contribution/premium cost shall be borne by the customer. |
Stamp Duty | RM 10 |
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 |
Early Settlement Fee | N/A |
Late Payment Charges |
During the financing tenure : 1% per annum on the overdue instalment amount After expiry of financing tenure : Shall not be more than the prevailing daily overnight Islamic Interbank Money Market rate (IIMM) on the outstanding balance |
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.