Bank Rakyat

Bank Rakyat Aslah Personal Financing-i PRIMA Aslah

A premium, unsecured, flat rate Islamic Personal Loan for Government 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 - 3.88% p.a.

Fees & Charges

There are always fees but how much are they?

Profit Rate / APR
from 3.3% p.a. to 3.88% 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

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

Things you might want to know

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

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

Only Government employees may apply for this personal loan product.

How much money can I borrow?

Bank Rakyat’s PRIMA Aslah Personal Financing-i allows applicants to borrow a maximum of RM200,000 on the condition that the monthly repayment does not exceed 60% of 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 PRIMA Aslah cost?

This Personal Financing-i product has no processing fees and there are no hidden charges. Applicants must pay Government Stamp Duty of 0.50% of the total borrowed funds.

The applicant will also need to take a Takaful insurance package from Bank Rakyat.

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

As this is an unsecured personal loan applicants will not need to provide a guarantor or down payment with an application. Bank Rakyat may ask for 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 an application. Once the loan is approved the borrowed money will be transferred to the account of the applicant’s choice.

How do I pay the money back?

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

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

Can I pay my Bank Rakyat personal loan off early?

The Personal Finance-I package may be ended at any time by paying the total amount remaining.

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

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

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