Financing-i

Personal Financing-i Public Sector

Obtaining cash is now easier with Personal Financing-i. Now you can enjoy easy access to the necessary funds.

Concept

Tawarruq

Features

• Amount of financing up to RM400,000
  
• Financing tenure up to 10 years
• No guarantor
• Takaful coverage is optional
• Fixed or floating profit rate

Eligibility

• Malaysian citizen
  
• Minimum age of 18 years and maximum 60 years old at the end of the financing tenure
• Minimum fixed monthly income of RM1,600 including fixed allowances
• Service in Public sector, GLC Companies and GLC Subsidiary
• Minimum of three (3) months in service

Financing Eligibility

• Installment method as follow:

Financing Rate

Fixed Rate

*Note :

1. The profit rate above is for financing with takaful.
   
2. Additional of 1.50% (Floating Rate) to the current profit rate for Financing without Takaful

Floating Rate

PAYMENT TYPE	FINANCING TENURE	PROFIT RATE
Biro Perkhidmatan Angkasa Salary Deduction	Up to 1 Year	SBR + 2.42%
Biro Perkhidmatan Angkasa Salary Deduction	More than 1 Year - Up to 5 Years	SBR + 2.75%
Biro Perkhidmatan Angkasa Salary Deduction	More than 5 Years - Up to 10 Years	SBR + 2.77%
Salary Transfer to Bank Rakyat	Up to 1 Year	SBR + 3.78%
Salary Transfer to Bank Rakyat	More than 1 Year - Up to 5 Years	SBR + 4.24%
Salary Transfer to Bank Rakyat	More than 5 Years - Up to 10 Years	SBR + 4.07%
Electronic Payment	More than 1 Year	SBR+ 4.42%
Electronic Payment	More than 1 Year - Up to 5 Years	SBR + 4.75%
Electronic Payment	More than 5 Years - Up to10 Years	SBR + 4.77%

*Note :

1. Current Standard Base Rate (SBR) is 3.00%
2. Additional of 1.50% (Floating Rate) to the current profit rate for Financing without Takaful
3. Ceiling Rate = Effective + 4.00%

Required Documents

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	/

Fees & Charges

Product Disclosure Sheet

• PDS_Personal Financing-i Public Fixed Rate (.pdf format)
  
• PDS_Personal Financing-i Public Floating Rate (.pdf format)

Illustration Payment Schedule

• Payment Schedule Personal Financing-i Public Floating Rate
  
• Payment Schedule Personal Financing-i Public Floating Rate - Electronic payment
• Payment Schedule Personal Financing-i Public Floating Rate - Salary Transfer To Bank Rakyat
• Payment Schedule Personal Financing-i Public Fixed Rate
• Payment Schedule Personal Financing-i Public Fixed Rate - Electronic payment

For any enquiries, please visit the nearest branch or call our Contact Centre tele-Rakyat at 1-300-80-5454.

*Terms and conditions apply.