Rhb Islamic Personal Loan
Pf 7 years is only applicable for financing amount rm11 000 and above only.
Rhb islamic personal loan. Rhb personal financing is an option that is convenient and flexible at the same time with reasonable interest rates for an affordable monthly installment repayment. Rhb personal financing i requires no collateral and guarantor. Rhb personal financing i when you consolidate your debt into one single payment. Overview rhb islamic bank pensioner personal financing i is an unsecured islamic personal loan for malaysian citizens exclusively for government and military pensioners who would like to finance with a minimum amount of rm5 000 up to rm100 000.
This link is provided for your convenience only and shall not be considered or construed as an endorsement or verification of such linked website or its contents by rhb banking group. An islamic personal loan is where the bank buys an asset on behalf of the borrower and selling it at a profit this profit rate replaces the interest rate used by conventional loans as islamic loans are prohibited from charging interest riba. Rhb you are about to enter a third party website and rhb banking group s privacy policy will cease to apply. Rhb personal loan rhb bank berhad is the fourth largest fully integrated financial services group in malaysia.
You are obligated to meet your instalment payment on time every month. If you pay your instalment after the due date rhb islamic bank will charge you a late payment fee of 1 of the outstanding balance. The maximum loan tenure is up to 35 years in accordance to the latest ruling by bank negara malaysia or upon reaching age 65 whichever is earlier. So the profit rate is like business earnings from the fee and profit for assets purchase and resale.
Enjoy low monthly payment from as low as rm24 66 1 financing tenure up to 10 years pick your category and get more personalised benefits. Rhb islamic can offer you a margin of financing of up to 90 10 for entry cost financing. Rhb islamic bank will provide you with a repayment table detailing the approved borrowing amount and selected tenure of financing. A rhb islamic home loan calculator is prepared to allow you to calculate your monthly loan instalments.
It has a maximum tenure of 5 years. The personal loan rate for hong leong islamic personal financing i starts from 12 p a. Established in 1997 from the merger of two banks to create malaysia s third largest financial services group.