RISDA VEHICLE FINANCING
1. TERMS
2. TOTAL QUALIFICATIONS
| Loan Limit (RM) | ||
|---|---|---|
| i. | To buy a car | |
| - Main Positions and Special Grade Positions | 100,000 | |
| - Management and professional group | 80,000 | |
| - Support Group and below | 60,000 | |
| ii. | Buy a motorcycle | 12,500 |
6. VEHICLE FINANCING SCHEME FOR SUPPORT STAFF ADMINISTRATIVE INSTRUCTION NO. 24 YEAR 2006
TERMS
- Minimum basic salary of RM1,620.00 per month
- Maximum financing of RM55,000.00. Reimbursement according to the remaining period of service with RISDA, whichever comes first.
- Travel distance exceeding 200km per month for 3 months is abolished
- The net salary after deducting the financing installment should be 1/3 of the basic salary and allowances.
