Bank Rakyat offers loan repayments from RM30

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LOOKING SHARP: Sarif (sixth left) is seen with his staff members at the open house.

KAPIT: Bank Rakyat is now offering easy personal loans with monthly repayments from as low as RM30.

Bank Rakyat Kapit manager Sarif Kadri said the payments for the personal loans, which are open to the public, depend on the loan amount and duration of payment.

“Previously, we only offered personal loans to civil servants and employees of statutory bodies. Now we open to all including members of the public.

“By doing so, we try our best to cater to the needs of all in the community. Those interested or wanting to know more about personal loans are advised to approach the branch during office hours for detailed information,” he said during the Bank Rakyat Kapit’s Aidilfitri gathering yesterday.

He added that Bank Rakyat also offers a high interest rate for fixed deposits of 4.6 per cent per annum.

Bank Rakyat has over 140 branches throughout the country.

The Kapit branch began operations in August 2011.

Several hundred guests attended the open house including Kapit Deputy Resident (Social Development) Mohamad Ikhmal Abdullah.