• ask-money-banner-3.jpg
  • bank-loan.jpg
  • bank-loan1.png
  • banner-5.jpg
  • full_12th_october_2014_02_39_24_banner1.jpg
  • gontavt.jpg
  • pxu.jpg

Easy RHB Personal Loan 2017

Category: Berita bank di Malaysia Published: Saturday, 01 January 2011

 

Easy RHB Personal Loan

Easy-Express Loan is a convenience personal loan without any collateral where interest will be charged upfront to the amount of loans approved and interest will be calculated in advanced for the entire tenure based on the “Rule of 78” (Rule 78 is a concept or a method of calculating the principle rate (total amount) and interest where interest will be in a greater percentage at the early stage of monthly instalment payment period). Moreover, the loan has a maximum tenure up to 5 years for government employees, employees of private sector organizations or self-employed individuals.

Interest Rates

The interest rates of RHB Easy starts from 8.31% to 13.47% Flat p.a. which translates to around 15% to 24% EIR . The rates vary based on income of the applicant, amount of financing and tenure of financing. Basically you can enjoy better interest rates when you have higher salary and borrow larger amount over longer period of time.

Fees and charges

There is a 6 months lock in period for the loan where you will be sujected a RM 200 termination fees if you settle your loan during the period. There is a Personal Smart Sheild (PSS) insurance which is optional.  This insurance will cover your loan in case of any unfortunate event that happens to you. There is a 1% penalty for late repayment while bank can also gradually increase your interest if you fail to pay consecutively after 3 months.

More info at : EasyRHB Loan

Hits: 384


Mortgage Payment Calculator

        RM
 

Malaysia Online Banking Services To U!!!