Bank Rakyat

Bank Rakyat Aslah Personal Financing-i Aslah Plus

An unsecured flat rate Islamic Personal Loan for Government and GLC Employees.

    • Financing up to RM200k
    • Up to 20 years tenure
    • Unsecured Islamic Financing
    • Takaful insurance required
  • Borrow: RM 
    How Long: years
    My monthly income: RM  

    Monthly repayment: RM-

    Profit rate p.a.: -%

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Profit rates

How much the bank charges you based on your financing amount & financing period

Financing ValueFinancing PeriodYour IncomeProfit Rate
RM1000 - RM20000012 to 240 monthsmin. RM120003.3 - 4.48% p.a.

Fees & Charges

There are always fees but how much are they?

Profit Rate / APR
from 3.3% p.a. to 4.48% p.a. , depending on financing amount and period
Processing Fee
Stamp Duty
0.5% of the whole amount
Mode of Payment
You must pay your financing installment by salary deduction.
You must take takaful insurance with this financing.


Are you eligible for this personal financing?

Minimum annual income
Minimum age
18 years old
Maximum age
60 years old
Who can Apply
  • Malaysians
  • Government employee
  • Government-Linked Company employee

Frequently Asked Questions about Bank Rakyat Aslah Personal Financing-i Aslah Plus

Things you might want to know

How to apply for Bank Rakyat’s Aslah PLUS personal loan

Who is eligible for Bank Rakyat’s Personal Financing-i Aslah PLUS?

Only Government employees and employees of Government Linked Companies may apply for this personal loan product.

How much money can I borrow?

Bank Rakyat’s Aslah PLUS Personal Financing-i allows you to borrow a maximum of RM200,000 on the condition that your monthly repayment does not exceed 60% of your gross monthly income. Repayment terms are between one and twenty years. No guarantor or extra security is required.

How much does an Bank Rakyat’s Personal Financing-i Aslah PLUS cost?

This Personal Financing-i product has no processing fees and there are no hidden charges. You will need to pay Government Stamp Duty that amounts to 0.50% of the amount you borrow.

Finally, you will need to take a Bank Rakyat Takaful insurance package together with your personal financing.

What do I need to apply for Personal Financing-i Aslah PLUS from Bank Rakyat?

As this is an unsecured personal loan you will not need to provide a guarantor or down payment with your application. When applying you may be asked to provide supporting documents such as:

  • Copy of MyKad (front and back).
  • Last three month’s payment slips, or EPF statements, or Reference Letter from your Employer.
  • Last three month’s bank savings account passbook or current/savings account statement.

How do I get my hands on the money?

Bank Rakyat may take a few business days to process your loan application. Once your finance package is approved the borrowed money will be transferred to the account of your choice.

How do I pay the money back?

Your loan repayments schedule will be fixed as and when you make your application. Payments need to be made every month until the total amount of the loan is repaid.

A condition of Bank Rakyat’s loan approval is that you must make repayments by Salary Deduction.

Can I pay my Bank Rakyat personal loan off early?

You may end your loan by paying the total amount owing at any time.

Is the Bank Rakyat Personal Financing-i Aslah PLUS Syariah compliant?

Yes, the product is based on Bank Rakyat’s own Syariah standard.

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