Personal loan bank rakyat malaysia

 

personal loan bank rakyat malaysia

BAE Personal Financing-I is based on the concept of Bai Al-Inah which means  a financing facility with the underlying buy and sell transactions between the financier and the customer. The concept is based on Shariah where the financier buys an asset from the customer on spot basis. The price paid by the financier constitutes the disbursement under the facility. Subsequently the asset is sold to the customer on a deferred-payment basis and the price is payable in installments.

The minimum loan tenure is 2 years and the maximum will be 10 years. Based on the eligibility, customers who apply for the loan will be eligible to get loans from RM 5, 000 to RM 150, 000.To ease customers payment method, Public Bank will deduct the loan monthly payment from the customers salary.

Customers enjoy great benefits as Public Bank offers quick cash up to RM 150,000 and a hassle-free payment from 2 to 10 Years, as it is automatically deducted from customers’ salary with special arrangement with the employer. Another important factor, no guarantor required for loan application. Also if customers plan to terminate the loan by paying back the full amount, there is no early termination fee (please double check during the period of your loan application).

Personal loan bank rakyat malaysia

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BAE Personal Financing-I is based on the concept of Bai Al-Inah which means  a financing facility with the underlying buy and sell transactions between the financier and the customer. The concept is based on Shariah where the financier buys an asset from the customer on spot basis. The price paid by the financier constitutes the disbursement under the facility. Subsequently the asset is sold to the customer on a deferred-payment basis and the price is payable in installments.

The minimum loan tenure is 2 years and the maximum will be 10 years. Based on the eligibility, customers who apply for the loan will be eligible to get loans from RM 5, 000 to RM 150, 000.To ease customers payment method, Public Bank will deduct the loan monthly payment from the customers salary.

Customers enjoy great benefits as Public Bank offers quick cash up to RM 150,000 and a hassle-free payment from 2 to 10 Years, as it is automatically deducted from customers’ salary with special arrangement with the employer. Another important factor, no guarantor required for loan application. Also if customers plan to terminate the loan by paying back the full amount, there is no early termination fee (please double check during the period of your loan application).

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 ...

Bank Rakyat Personal Financing-i Private Sector. An unsecured Islamic personal loan of up to 10 years exclusively for full-time employees of private sector organizations.

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Have you heard  “loan overlap” in  Bank Rakyat ? Loan overlapping is a term use for the current Bank Rakyat Personal Financing-i Aslah account holder who want to apply for another personal financing facilities. Bank Rakyat doesn’t allow any individual to have 2 Aslah account . Therefore, via overlapping the customer can apply new personal loan (normally higher than current Aslah balance) to pay the old loan balance. Whatever balance available is the amount that you can take home.

For Bank Rakyat personal financing “overlap” , you need to furnish the following documents  for application :

We take example that you have a Aslah personal loan balance of RM10,000 and you in the need of cash for example RM20,000. Since you have one Al-Aslah account, you can’t simply apply another Aslah except via the terms what we hall here loan overlapping.

Bank Rakyat Personal Loan is perhaps one of the most popular personal loan in Malaysia. Personal Financing-I Aslah Awam is catered for public sector servants in Malaysia. This is unsecured loan where collateral and guarantor is not needed.

Personal Financing-I Aslah Awam offers very attractive interest rates. The rates vary according to repayment choices and other factors. Opting for Biro Angkasa automatic salary deduction and Takaful insurance plan will help you have interest. There are also options for fixed and floating interest rates.

Applicants will have the choice of repayment period or overlap financing. This personal loan in secured where requires no guarantor or collateral while it offers up to RM 200,000 financing with a maximum 10 years repayment. The amount being loaned would depends very much on your monthly income and your credit score. One can loan a maximum of 35 times his or her monthly salary.