With over 35 years of service, Bank Islam is a leading and pioneering Islamic banking in Malaysia that offers a variety of financial solutions to its prospective customer and the stakeholder, their people, investors, and communities.
Not just that, due to the spike of COVID-19 in Malaysia, Bank Islam introduced and subsequently enhanced their mobile banking application called GO by Bank Islam, together with the digital wallet and payment services to give accessibility and free hassle to the customer to make any payment or services during the COVID-19.
When you buy a car, one of your expenses is the car loan cost. A car loan is a type of loan that lets you borrow money to pay for a car. You can use a car loan to buy a new or used car. The terms of a car loan typically depend on the age and value of the car and your credit history.
Bank Islam offers 3 types of car loans, which are:
*As categorised under package companies listed by Bank Islam.
*Based on the selected car loan.
Without guarantor: RM20 | With guarantor: RM30
1% of the outstanding amount
You can make your monthly payments in the most convenient ways possible by using various channel methods such as Internet banking at https://www.bankislam.biz/ or visiting the nearest Bank Islam branch.
You must obtain comprehensive motor Takaful or insurance coverage on the financed vehicle for the financing duration.
PolicyStreet is approved and licensed by Labuan Financial Services Authority under Polisea Labuan Ltd. (Company No. LL17429), Bank Negara Malaysia under Polisea Sdn. Bhd. (Company No. 201601041144 (1212085-T)), and Australian Securities & Investments Commission under Polisea Pty Ltd (ABN: 99655193016)