RHB Islamic Bank Vehicle Financing-i (Variable Rate) and VF-i Flexi Redraw

RHB Islamic's auto financing on a hire-and-purchase basis ('we buy your dream car, and hire it out to you'), covering new, used and unregistered reconditioned vehicles with up to 90% margin of financing and tenure up to 108 months (9 years). The standard Vehicle Financing-i (Variable Rate) calculates profit on a reducing balance (daily rest) method; the VF-i Flexi Redraw variant adds profit charge discounts of up to 50% of the total financing amount, a redraw option on excess payments and no exit fee on early settlement. Eligible: individuals 18+, sole proprietorships, partnerships and companies, with guarantor requirements for applicants under 21 or over 60 and non-Malaysians (crawled rhbgroup.com 2026-08-06).

RHB's auto financing is engineered for prepayers: variable-rate daily-rest calculation plus the Flexi Redraw variant's 50% profit discount ceiling and no-exit-fee settlement make it the most flexible Islamic hire purchase in the cluster. Rate transparency is the gap; use Bank Islam's printed grid as your pricing anchor and press RHB to beat it.