Ar-Rahnu Micro Financing
Unlocking opportunities for you to achieve your aspirations.
Ar-Rahnu Micro Financing offers two products:
1. Az-Zahab
For customers who have not assigned their salary to BIBD and uses Gold as collateral.
2. Al-Jauhar
For customers who assigns their salary to BIBD and uses Gold as collateral.
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Eligibility
Brunei Citizens and Permanent Residents
Individuals between the age of 18 to 65 years*
Assignment of Income (applicable for Al-Jauhar scheme)
Open to BIBD account holders only
*The maximum age of Customer is 55 years if the Customer is not receiving TAP/SCP and SPK, 60 years if the Customer is receiving TAP and not exceeding 65 years at the time of expected financing maturity. -
Required Documents
Original copy of Identity card (applicant & Gold owner)
Original copy of latest salary slip (applicable for Al-Jauhar product only)
Original copy of Pension Slip (for Al-Jauhar)
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Fees
You may refer to the Bank's Schedule of Tariffs.
Features
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Obtain short term financing up to 80% of the prevailing market rate
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Secured safekeeping of Gold pledged
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Secured financing pledged against gold, and you may spread out your monthly payments over 12 months.
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Gold Cleaning Service
Suitable For
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Retired Individuals
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Working Professionals
