Financing-i 

Vehicle Financing-i (An Naqlu 2) - Graduate Scheme

Shariah Concept

• Tawarruq

Features

• Minimum requirement: Diploma holder
  
• 100% from selling price

Eligibility

• Malaysian
  
• Age between 20 to 30 years old.
• Minimum Salary RM2,000.

Payment Methods

• Biro Perkhidmatan Angkasa (BPA)
  
• Salary Deduction by Employer (PGM)
• Cash and Electronic Payment

Required Documents

• Copy of MyKad
  
• Copy of Driving License
• Copy of 3 months latest salary slips
• Latest Bank Statement
• Letter Offer and Acceptance Letter (Compulsory for Newly employed applicant with one month / less than 3 months in service)
• Copy of Certified Diploma / Degree Transcript
• Vehicle Sales Order (VSO)

Fees & Charges

Items	Charges
Auto Financing-i	Nominal
Lawyer fees for agreement	RM 150.00 - RM 300.00
Stamp Duty	RM 10.00
Wakalah Fee	Wakalah or agency fee of RM 28.30
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

Margin of Financing

• RM30,000 - RM150,000
  

Financing Tenure

• 4-9 Years
  

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