Personal Financing-i Civil Servant (RakanPintar)
Personal Financing-i Civil Servant (RakanPintar) is a unique product that is designed specifically for public servants and selected GLC Company which offers a lower profit rate with special benefits.
Concept
Tawarruq
Features
Eligibility
Profit Rate
TENURE |
PROFIT RATE |
EFFECTIVE / FLAT |
Up to 3 years |
BR + 2.31% |
6.16% / 3.26% |
More than 3 - 10 years |
BR + 2.94% |
6.79% / 3.80% |
*Note :
Installment Method
Special Benefits
Documents Required
DOCUMENTS REQUIRED |
NEW APPLICATION |
REPEATED / OVERLAPPING |
|
√ |
√ |
|
√ |
√ |
|
√ |
|
|
√ |
|
Fees & Charges
TRANSACTION CHARGE
Stamp duty 0.5% of total financing as contained in the Stamp Duty Act 1949.
Note. You are advised to take Takaful coverage from Takaful Company appointed by the Bank.
Compensation During the financing tenure: 1% per annum on the outstanding amount of the
Charge (Ta’widh) monthly payment.
for Late Payment After expiry of financing tenure. Based on current Islamic Interbank Money
Market Rate on the outstanding principal balance.