Apply for Vehicle Financing-i (Variable Rate) by RHB - Apply online!

Apply online for RHB's Vehicle Financing- i. Get car loan for interest rate as low as 2.3%. Find the lowest rate and save more on your monthly repayments!

  • Minimum Monthly Salary RM 2,000
  • Minimum Loan Amount RM 15,000
Vehicle Financing-i (Variable Rate)
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Product Details


Interest rate

Interest Rate

Condition Origin Maximum Tenure Margin Of Finance Interest Rate
Condition:
New
Origin:
Local
Maximum Tenure:
9 years
Margin Of Finance:
90%
Interest Rate:
BR + 1.25%
 
Origin:
Foreign
Maximum Tenure:
9 years
Margin Of Finance:
90%
Interest Rate:
BR + 1.25%
Fees n charges

Fees and Charges


Description New Vehicles
Stamp Duties (Hirer)
Stamp Duties:
RM 10.00
Stamp Duties (Guarantor) RM 6.20 for account with 1 guarantor
Late Payment Fee 1% on outstanding amount
Supplementary HP-i Agreement RM 20.00
Redemption statement (as requested by third party) RM 30.00 per request
Discharge and release letter (as requested by third party) RM 30.00 per request
Financial Information Services (FIS) Data Reference RM 4.20 per transaction
Request for retrieval and copy of documents / Additional HP-i statement / Issuance of letter of consent for transfer of vehicle from East Malaysia to West Malaysia and vice versa / Issuance of letter of undertaking for insurance/ TAKAFUL claim / Audit confirmation per account / Request for copy of HP’s documents RM 22.00 per request
Photocopy of HP-i agreement RM 25.00 per request
 
Requirement

Requirements

Minimum Annual Income
Minimum Annual Income:
RM 24,000
Minimum Age
Minimum Age:
18 years old
Maximum Age
Maximum Age:
70 years old
Guarantor Needed
Guarantor Needed:
If you are below 21 years old, if you do not meet the minimum annual income requirement or if you are a foreigner.