Bank Rakyat is offering a 100% Vehicle Financing programme known as Vehicle Financing-i (An Naqlu), a Shariah-compliant solution based on the Tawarruq concept. This programme allows customers to finance the full on-the-road (OTR) sales price or invoice value of a new vehicle, with a financing tenure of up to 9 years.

The financing amount is subject to the applicant’s monthly instalment capacity, offering flexibility based on individual affordability. This programme is open to all new vehicle purchases, making it an ideal choice for those seeking a convenient, Shariah-compliant financing option.

Who’s eligible?
Malaysian citizens aged 18 to 60 years (at the end of financing tenure) are welcome to apply. The programme is open to public sector and GLC employees with a fixed income and at least six months of service. Applicants must earn a minimum monthly income of RM1,500, with other terms and conditions applicable depending on the payment method selected.

To learn more about the Vehicle Financing-i (An Naqlu) programme, visit the official Bank Rakyat website or head to your nearest Bank Rakyat branch.