RHB Bank Hire Purchase

Buying a motor vehicle under hire purchase (HP) is one of the most common ways to own a vehicle in Malaysia. HP is the hiring of goods with the option to buy the goods at the end of the hire purchase term. If you take on HP financing, you are the hirer and financier is the owner.

As a hirer, you will have to repay the financier based on the agreed duration while you have possession of the vehicle. When all the instalments are paid up, ownership is then transferred to you.

In Malaysia, only local banks are allow to provide personal hire purchase (car loan) businesses. RHB Bank is one of local bank that offer competitive hire purchase packages in market.

RHB Bank Berhad HQ Contact Information
Tower Two & Three RHB Centre Jalan Tun Razak 50400 Kuala Lumpur Malaysia Tel : +603 9287 8888 Fax: +603 9287 9000 SWIFT Code: RHBBMYKL Website: www.rhb.com.my

Financial Institutions