Bank Rakyat Personal Loan for Senior Citizens

bank-rakyat-personal loan

Up to RM 20,000 financing available
Maximum 65 years old at the end of loan tenure
Maximum of 5 years financing
Only available for retired senior citizens with pensions
RM 5,000 Takaful death coverage

PERSONAL FINANCING-i ASLAH (SENIOR CITIZEN) is a special loan that is catered for pensioners. This personal loan provides up to RM 20,000 of financing with 5 years repayment. You will need to funnel your pensions into your Bank Rakyat account where the repayment will be auto deducted monthly. One of the perk of this loan is that you will also receive a RM 5,000 Takaful coverage at the event of death (not valid for the first 3 months of loan tenure)


You will need to be retired with monthly pensions to be eligible for the loan while not exceeding 65 years old at the end of the loan tenure.