Personal Banking

Financing-i / Personal Financing-i DivA
Personal Financing-i DivA is exclusively designed for Members of Bank Rakyat

Tawarruq

  • Amount of financing up to RM400,000 for Public /Private Sector and up to RM100,000 for Pensioner.
  • Financing tenure up to 10 years
  • No guarantor
  • Takaful coverage is optional
  • Fixed profit rate
  • Malaysian citizen
  • Minimum age of 21 years during application
  • Maximum age of 60 years old for Public /Private Sector and 70 years old for Pensioner at the end of the financing tenure
  • Minimum gross income including fixed allowances of RM1,600 for Public Sector and RM2,000 for Private Sector
  • Minimum monthly pension of RM800 for Pensioner
  • Holding of Bank Rakyat’s shares of RM5,000 with minimum 1 (one) year as member of Bank Rakyat
  • Maximum 80% of Bank Rakyat’s share held or maximum financing amount allowed; whichever is lower

Fixed Rate

Personal Financing-i DivA

Tenure (Year)

Profit Rate

Normal Package

Debt Consolidation

Public Sector

Up to 1 year

3.17%

2.99%

More than 1 Year - Up to 5 Years

3.56%

3.33%

More than 5 Years - Up to 10 Years

3.88%

3.64%

Private Sector

Up to 1 year

4.39%

4.19%

More than 1 Year - Up to 5 Years

4.48%

4.27%

More than 5 Years - Up to 10 Years

4.88%

4.65%

Pensioner

Up to 1 year

4.00%

n/a

More than 1 Year - Up to 5 Years

4.10%

More than 5 Years - Up to 10 Years

4.34%

 
*Note: The profit rate above is for financing with and without takaful.


  • Public Sector
Documents Required New Application Repeated/ Overlapping
  • Copy of MyKad/MyTentera
  • Latest 3 months’ salary slip
  • Latest 3 months Bank Statements of salary crediting account
 
  • And at least one (1) of the below:
    • Confirmation letter from employer
    • EA Form
 
 
  • Private Sector
Documents Required New Application Repeated/ Overlapping
  • Copy of MyKad/MyTentera
  • 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
 
  • Pensioner
Documents Required JPA JHEV
  • MyKad
  • Malaysia Government Pensioner Card
 
  • Army Pensioner Card
 
  • Ledger Pensioner
 
  • Pension Statement
 
Note:
JPA : Jabatan Perkhidmatan Awam
JHEV : Jabatan Hal Ehwal Veteren

Transaction Charge
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.
Early Settlement Fee Rebate (Ibra’) will be given on the deferred profit
Late Payment Charges During the financing tenure:
1% per annum on the outstanding amount of the monthly payment
 
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.