Features

Benefits

• - Profit rate as low as 8.59% p.a. equivalent to 13.76% p.a.
• - Borrowing amounts of up to RM150,000
• - Express loan approval and disbursement within 24 hours (terms apply!)
• - Repayment as low as RM98 per month
• - Enjoy up to 7 years of tenure
• - Repay via self-payment or auto-debit instructions

Eligibility

• - Private sector employees only
• - 21 to 55 years old
• - Minimum annual income - RM18,000 (or RM 1,500 per month)

Fees & Charges

• - Late payment compensation - 1% p.a. on the overdue amount or outstanding balance
• - Early exit fee - RM100 or 1% of the remaining amount whichever is higher, during the 6 months lock-in period
• - Stamp duty - 0.50% as per Stamp Duty Act 1949 (revised 1989), deducted from total loan approved prior to disbursement

* Effective interest rate (EIR) may be higher if the monthly repayment is not regular

* The rates stated above are based on a flat rate and vary according to the repayment period from 12 months onwards

References

RHB Personal Financing Terms and Conditions

RHB Personal Financing Product Disclosure Sheet

Features

Benefits

• - Shariah-compliant
• - Exclusively for the civil sector employees
• - Profit rates as low as 5.75% p.a. flat
• - Financing amount of up to RM300,000
• - Repayment tenure of up to 10 years
• - No guarantor is required
• - Monthly payments through salary deductions via Biro Angkasa
• - A flexible payment period

Eligibility

• - Malaysian citizens
• - Civil Sector Employees, Federal or State Government Employees, Selected GLCs Employees
• - Minimum age of 18 years old
• - Minimum monthly income - RM2,000

Fees & Charges

• - Stamp duty - RM10 per document as per Stamp Duty Act 1949 (revised 1989)
• - Brokerage fee - RM30 per application
• - Takaful contribution - compulsory either with RHB's selected panels or the Takaful provider of your choice
• - Late payment compensation - 1% per annum of the overdue payment
• - No lock-in period imposed
• - Exit fee charges - none

References

RHB Personal Financing-i Terms and Conditions

RHB Personal Financing-i Civil Sector Product Disclosure Sheet

RHB Bank is a Malaysian bank and is one of the largest integrated financial services group in Malaysia. It was founded in 1997 as a result of a merger between DCB Bank and Kwong Yik Bank. They offer a variety of products through its many subsidiaries such as RHB Bank Berhad, RHB Investment Bank Berhad, and RHB Islamic International Asset Management Berhad.

They were the first local banking and finance group in Malaysia to establish an Islamic banking subsidiary: RHB Islamic Bank Berhad. They also acquired OSK Investment Bank Berhad in November 2012, making them the largest investment bank in the country (by assets). They provide financial services to Malaysia, Singapore, Thailand, Vietnam, Brunei, Cambodia, Laos, Indonesia, and Hong Kong.

RHB Personal Loans are available in several different plans that offer you a variety of options and choices for your financing needs. Be it you are looking to fund your wedding, buy a car, renovate your house, or even to go on a holiday, their competitive rates and excellent services can provide.