Personal loan bank rakyat melaka

 

personal loan bank rakyat melaka

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.

Personal Loans Borrow at the lowest interest rates Find the lowest interest rates in Malaysia for the easiest personal loans. Home Loans Be sure you're getting the ...

Personal loan bank rakyat melaka

Bank Rakyat is well known for its great service in providing an Islamic loan. Bank Rakyat Personal Financing-i Private Sector offering highly competitive rate in the market with floating rate of 6.16% p.a up to 6.89% p.a, which is specially designed to meet your financial needs. Bank Rakyat Personal Financing-i Private Sector is focusing on full-time employees of private sector organizations. Meanwhile, selected company by Bank Rakyat will enjoy lower profit rate, as low as 4.95% per annum. The approval process is within 5 business days and there is no need for any guarantor or collateral in order to apply for the loan.

There will be stamp duty fee of 0.5% of the loan amount and late payment charges of 1% p.a on outstanding amount. You are entitled to enjoy a minimum loan tenure of 1 year to 10 years depending on your salary with amount of financing up to RM150,000 or 5x to 25x of monthly gross salary. To be eligible to apply for this loan, your minimum monthly gross income should be at least RM2,000 and you must be at least 18 years old. You will also need a good credit record (CTOS/CCRIS) which means all of your overdue payments for all commitments should be settled off.

Applicant must be a confirmed full-time employee in a private sector organization with a minimum gross salary of RM2,000 per month including fixed allowances.

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.

Personal Loans Borrow at the lowest interest rates Find the lowest interest rates in Malaysia for the easiest personal loans. Home Loans Be sure you're getting the ...

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.

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).