Personal Banking

Financing-i / Pawn Broking-i Ar-Rahnu Genius
This product applies the monthly safekeeping fees concept. Customer pays monthly safekeeping fees as per fixed amount of the financing duration.
  • Qard (interest free loans)
  • Wadi`ah Yad Dhamanah (savings with guarantee on the pawn items)
  • Ujrah (safekeeping fees)
  • Malaysian and non-Malaysian
  • Permanent Resident
  • Not a bankrupt
  • 18 years old and above
  1. Withdrawal can be made at any ATM and the transaction can be made at any time
  2. Payment can be made at any CDM and the transaction can be made any time.
  • Any types of jewellery/gold EXCLUDING pawn items that in the form of religious symbol or living creatures.
  • Gold bar, wafer, coins or gold nuggets (MUSTinclude purchase receipts or certificate of authenticity).
  • Gold items rewarded by an employer to their employee in service with the condition that:
    • The employee needs to present the Certificate of Appreciation.
    • Gold quality is between 22 to 24 carat
    • Maximum weight is 300 grams.
  • It is compulsory for the applicant to open a dedicated savings account with Bank Rakyat (on top of existing savings account)
  • Maximum margin loan is up to 80% of the value of the pawn items (Marhun's Value)
  • Customers are allowed to have more than one loan / pawn account at any given time.
  • Accumulated amount of loan / pawn must not be more than RM50,000.00 excluding the existing Ar-Rahnu's and Az-Zahab's loan.

New customer/existing customer who do not have a Pawn Broking-i account

65% of marhun's value or minimum of RM3,000.00 and maximum of RM50,000.00 for every pawn.

Existing customers that has an active or settled Pawn Broking-i account without taking into account the lapsed period.

Up to 80% of marhun's value or minimum of RM3,000.00 and maximum of RM50,000.00 for every pawn.

  • Maximum period of loan tenure is 3 years.
  • Maximum 3 years
    • Repayment can be made by deducting from Savings-i Ar-Rahnu Account (GENiUS) as per below:
      • Safekeeping fee is paid monthly before/on maturity date of the safekeeping fee.
      • Total repayment is paid at the end of the tenure.
    • Safekeeping fee is calculated based on the marhun's value and pawn period (montly rest).
    • Minimum safekeeping fee is equal to a half month rate that will be imposed on the pawn item that is redeemed within 15 days.
    • Safekeeping rate are as follows:

    Ar-Rahnu Genius

    3,000.00 – 50,000.00

    65% 0.75
    70% 0.85
    • Safekeeping fee calculation formula for Ar-Rahnu: a = b x c/100 x 12 x d/365
      • Safekeeping fee = a
      • Marhun value = b
      • Safekeeping rate = c
      • Loan tenure = d
    • The calculation for Pawn Broking-iAr-Rahnu Genius is as follows:
      • Jewellery value (marhun value): RM10,000.00
      • Loan Amount: RM6,500.00 (65% on marhun's value)
      • Loan Tenure : 36 months
      • Safekeeping fee : RM0.75

    10,000 x 0.75 / 100 x 12 x 365 / 365 = RM900.00

    Safekeeping Fee = RM900.00 x 3 years

    = RM2,700

    Total safekeeping gradation = RM2,700 / 36 months

    = RM75

    • Loan withdrawal will be directly credited on the special savings account created
    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.