Personal Banking

Financing-i / Personal Financing-i E-Bike
“Stepping into the Future without Carbon Footprints”
 
PURPOSE
 
Personal Financing-i E-Bike is a specialized financing solution available for Bank Rakyat customers to finance the purchase of Electric Motorcycle (E-Bike). Aligned with the Bank’s sustainability blueprint aspiration outlined in the Bank Rakyat 2025 strategic plan (BR25), this initiative aims to provide support for the country's transition towards a sustainable energy economy.
 
 
PRODUCTS OFFERED
 
  • Personal Financing-i Public
  • Personal Financing-i Private
  • Personal Financing-i Pensioner
  • Personal Financing-i Private (Exclusive)

BENEFITS
 
  1. Savings on Commuting Costs: Switching to an electric motorcycle enables cost savings on fuel and maintenance, providing financial flexibility for other expenditures or investment opportunities.
  2. Environmentally Friendly Choice: Choosing an electric motorcycle demonstrates environmental responsibility by reducing air and noise pollution.

Get access to government incentives and rebates to save on electric vehicle purchases.

FEATURES

1. Amount of Financing: Up to RM400,000
Empower your green initiatives with substantial financial backing through financing offers of up to RM400,000 for the purchase of an E-Bike.

2. Fixed or Floating Profit Rate
Our financial products provide fixed or floating profit rates, tailored to fit the financial strategies of various groups including public sector employees, private individuals, pensioners and professionals.

  1. Malaysian citizen.
  2. Minimum age of 18 and maximum age of 60 at the end of the financing tenure.
  3. Available for all personal financing segments, including public sector, private sector, pensioners and professionals under established financing guidelines.


HOW TO APPLY FOR PERSONAL FINANCING-i FOR GREEN PRODUCTS?
 
Here are three simple steps to apply for financing:

  • Obtain the invoice or cost of purchasing an E-bike.
  • Calculate your financing eligibility: You can estimate your financing eligibility by visiting the nearest Bank Rakyat branches or reaching out to our Contact Centre at 1-300-80-5454.
  • Apply for financing: Once you have obtained all the information, you may submit your application via:
    • Online banking platform at www.irakyat.com.my or official website at www.bankrakyat.com.my;
    • Contacting our Contact Centre at 1-300-80-5454; or
    • Visiting the nearest Bank Rakyat branches.


  1. An equivalent to a flat rate as low as 2.92% per annum.
  2. Up to 10 years of financing tenure.

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.