Bank Rakyat

Bank Rakyat is a Malaysian Islamic cooperative bank that was established in 1954. The bank offers a range of financial products and services to its customers, including savings and deposit accounts, loans, credit cards, and insurance. As a cooperative bank, Bank Rakyat is owned by its members, who have a say in how the bank is run and share in its profits. The bank is committed to promoting Islamic finance principles and ethical business practices, and it strives to support the development of the Malaysian economy by providing affordable and accessible financial services to individuals and businesses across the country.

Head Office Address

Menara 1
Menara Kembar Bank Rakyat
No. 33, Jalan Rakyat, KL Sentral
50470 Kuala Lumpur

Tel: 1-300-80-5454

Fax: +603-5526 9000

Email: telerakyat@bankrakyat.com.my

SWIFT Code: BRKAMYK1

Website: www.bankrakyat.com.my

Cards Centre Tel: 03-2693 6880

Card Loss/Theft Tel: 03-2692 4600

Bank Rakyat Fraud

Tel: 1-300-80-2273 / 03-55268800

Bank Rakyat Vehicle Financing (Hire Purchase-i)

Bank Rakyat's Hire Purchase-i AnNaqlu is a financing scheme that provides customers with a convenient and accessible way to purchase new national or non-national cars in Malaysia. With up to 90% financing of the vehicle price, customers can enjoy greater affordability and flexibility in their car purchase. The repayment period for this scheme can be up to 9 years, which allows for a more manageable monthly repayment plan.

To be eligible for this financing scheme, applicants must be Malaysian citizens between the ages of 18 and 55 years, or government employees with a minimum income of RM1,500 and at least 6 months of service. This scheme is also available for private sector employees, subject to the bank's assessment and approval.

Repayment for this financing scheme can be made through several methods, including salary deduction through Biro Perkhidmatan Angkasa, post-dated cheques, and standing instructions. Customers who are government senior officials in service for not less than 3 years can opt for the post-dated cheques or standing instruction repayment methods.

Bank Rakyat's Hire Purchase-i AnNaqlu provides an affordable and flexible financing option for individuals who are looking to purchase new cars in Malaysia. With its flexible repayment methods and manageable monthly repayments, customers can enjoy the convenience and comfort of owning a car without worrying about the upfront cost. Apply now and let Bank Rakyat help you drive your dream car today!

For more details, please contact the tele-Rakyat Contact Centre at 1-300-80-5454 / +603-5526 9000 or visit the nearest Bank Rakyat branches.

Auto Financing Banks