Personal Financing-I Bank Rakyat

Personal loan is a great tool for almost everyone to effectively manage their finances. It becomes extremely important when one requires a big amount of cash without the need to dig everything out from owns savings. Anyhow, everyone’s need for a personal loan is different. One can apply for a personal loan to buy property or even to pay off other attached loans. The purpose varies. Not only that variation but also the amount and nature of the loan. In the latter, some loans might offer a fixed rate of financing whereas some might offer a floating rate.  

No doubt, Islamic loans are consider the more famous product in the Islamic banking industry. There is a famous product from the Bank Rakyat called the Bank Rakyat Personal Financing-I Private Sector. There are few benefits of these loans including higher maximum tenures, easy repayments, affordable profit rates and availability of negotiable rates. All in all, the mentioned affordable profit rates depend on the applicant’s salary and the type of payment selected.

What are the basic criteria for you to be eligible to apply for a personal loan with Bank Rakyat? First of all, you must be 18 years old and above, but less than 60 years old. Another very basic criteria is that you must have a regular income, either you are working for an employer or you are the employer for yourself. In addition, you also need to earn more than the required minimum income. Take note that your personal loan amount eligibility with Bank Rakyat is based on some factors such as minimum income of RM1000 and maximum allowed loan is RM200,000. Bear in mind that any other installments’ loans will eventually lower down your eligibility. On the upside, there is no guarantor requirement.    

So, how can you increase your eligibility for the Bank Rakyat Personal Loan? One of the recommended ways which can help you is simply by paying off your credit card bills. Remember that paying the minimum amount every month will only prolong you to clear off the outstanding balance effectively. Another way is by choosing a longer tenure. You may choose up to 10 years.  

If you are eligible and interested in the Bank Rakyat personal loan, you may prepare all the necessary documentation such as copy of identity card, latest three months’ salary slip, latest three months bank statement account, employment confirmation letter or EA form. You may explore further with the help of the Bank Rakyat staffs.

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Ximending Hotel

Ximendinghotels has recently redesigned a new website. The new site is user friendly while it allows user to browse the latest affordable hotel in Malaysia.

Taipei ,Taiwan Ximendinghotel, a hotel booking company has officially redesigned a new website and identity. is inviting users to explore the website which is created based on new technology platform which is faster and user friendly. It offers a new user experience where the design is modern, clean and easy to navigate.

The search functionality allows user to search hotels based on category such as state and location. The newly designed website is also compatible with latest gadgets such as mobile phone and tablets. Users will also have the option to share listing details across various social networking platforms.

The new website now also has more listing coverage which extends beyond Malaysia to Singapore and Indonesia. Users will be able to browse through comprehensive list of value based hotels around the region.

According to Kathy Yuen, a Ximendinghotel co founder, the new website new design is aligned to the company’s vision to provide best service and comprehensive hotel listing to users. The company has also planned for more website improvements on the in near future.

About Ximendinghotel

Ximendinghotel is one of the best budget accommodation listing in Taiwan. Ximendinghotel has comprehensive list of hotels in various holiday destinations within Ximending. The company focuses on offering budget and value accommodation to users around the region.