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BANK RAYKAT
Bank Rakyat Personal Financing-I Public Sector
Features
i. Approval Duration up to 3 business days
ii. Min. Loan Amount
RM10,000.00
iii. Max. Financing Amount
RM 200,000
iv. Other features
Min Financing Tenure 1 years
Max Financing Tenure Up to 10 years
Profit Rate: Profit rate as low as 3.29%- 4.99% per annum depending on rate type, payment type and tenure.
Eligibility/Documents
i. Age Requirement
l 18-60 years old
ii. Min. Monthly Salary
l RM 1,000.00
iii. Other eligibility requirements
n Need to open linked bank account Optional
n Guarantor Collateral Requirement N/A
Fees and charges
l Free for processing fees
l Stamp Duty; 0.5% on loan amount
l Other fees and charges
Late Payment Charges ; 1% on outstanding financing amount
Early Settlement N/A
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