Bank Rakyat Car Loan Rate

Bank rakyat personal financing i private sector offering highly competitive rate in the market with floating rate of 5 09 p a up to 6 95 p a which is specially designed to meet your financial needs.

Bank rakyat car loan rate. The profit rates for bank rakyat superbikes financing i is based on the engine power. You need to be aged 18 years and above and should have a minimum income of rm 1500. Bank rakyat car financing i. Effective lending rate the indicative effective lending rate for bank rakyat is 3 40 with effective from 15 july 2020.

Frequently asked questions about bank rakyat car financing i things you might want to know who is bank rakyat car financing i an naqlu 2 made for. Bikes 500cc will be charged 5 profit rates per annum. Latest 3 months bank statements latest bank statement for 6 months transactions epf statement and at least one 1 of the following. Ea form copy of government or army pensioner card confirmation letter pension transfer to bank rakyat pension jpa ledger jhev.

Minimum monthly fixed income of rm 1 500. Bank rakyat is well known for its great service in providing an islamic loan. Indicative effective lending rate refers to the indicative annual effective lending rate for a standard 30 year housing loan home financing product with financing amount of rm350k and has no lock in period. Minimum age of 18 years old and not more than the retirement age at the end of the financing tenure.

To calculate how much you ll have to pay to the bank say you re approved for rm 100 000 financing at 5 p a. For any enquiries please visit the nearest branch or call our contact centre tele rakyat at 1 300 80 5454. Effective financing rate for home financing i financing amount of rm350 000 above 30 years tenure no lock in period. Providing secured and unsecured borrowing options to individuals and cooperate bodies at a very competitive loan rates and flexible terms to meet any finance circumstances.

Quantum of financing up to 90 of vehicle price and maximum 9 years for the repayment period. It doesn t matter if you have a poor credit score. Base rate br 2 60 effective on 15 july 2020 onwards profit rate p a. This car loan is for malaysian residents only.

Hire purchase i annaqlu from bank rakyat offers a flexible and affordable repayment scheme in purchasing new national and non national cars available in the market.