Bank rakyat personal loan penang property

 

bank rakyat personal loan penang property

Takaful Insurance Required, Must be secured against FD, The maximum loan amount will be based on MOF up to 100% of secured fixed deposit

Takaful Insurance Required, Must be secured against structured investment. The maximum amount of loan will be based on 80% of secured structured investment.

Takaful Insurance Required, Must be secured against unit trust. The maximum amount of loan will be based on MOF up to 60% of secured unit trust

Bank rakyat personal loan penang property

Need a helping hand to fulfill your dream? We have a range of loan facilities designed to help you achieve whatever you have in mind.

Takaful Insurance Required, Must be secured against FD, The maximum loan amount will be based on MOF up to 100% of secured fixed deposit

Takaful Insurance Required, Must be secured against structured investment. The maximum amount of loan will be based on 80% of secured structured investment.

Takaful Insurance Required, Must be secured against unit trust. The maximum amount of loan will be based on MOF up to 60% of secured unit trust

Bank Rayat Personal Financing-i Swasta is the personal loan package that is catered for private sector professionals such as doctors, engineer, lawyer and public listed companies employees . This is a personal loan for private sector unlike typical loans from Bank Rakyat which is catered for public sectors. The loan is fully Islamic compliant while it is based on Tawarruq concept.

Financing-i Swasta is a partially unsecured loan collateral is not needed however a guarantor may be needed when required by bank as a form of security. This loan offers from RM 2,000 up to RM 150,000 of financing. This amount of financing offered would a maximum of 5 times salary for those earning RM 2,000 to RM 4,000 , 15 times salary for those who are earning RM 4,000 to RM 6,000  and 25 times salary for those who are earning above RM 6,000 per month.

Interest rates of this loan would vary depending on loan amount. At the moment of writing, the interest rates provided by this loan is quite competitive among other private loans in Malaysia.  You can also enjoy better rate if you pay via Bank Rakyat’s saving account and Takaful package while having higher salary and stable employement. The table above summarizes the interest rates for Bank Rakyat Personal Loan. The rates are tied with Base Rate from Bank Rakyat. Interest Rates are negotiable based on profile of the private company one is attached to.