KUALA LUMPUR, July 30 (Bernama) — Perusahaan Otomobil Kedua Sdn Bhd (Perodua) is aiming to sell 10,000 units of its compact Viva car worth RM370 million under a new special promotion scheme for civil servants and government-linked companies from July 24 to Oct 15 this year.
Perodua today signed a memorandum of understanding (MoU) with Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) and Takaful Ikhlas Sdn Bhd to offer car financing facilities and personal protection coverage for civil servants.
“We hope this promotion will enhance Viva sales and give a chance to government servants to buy new cars with easy loan as well as insurance,” Perodua’s managing director Datuk Syed Hafiz Syed Abu Bakar told reporters after the signing ceremony here.
He said those buying the Viva car during the promotion period would automatically become Perodua Malaysia Club members and receive one-year free maintenance worth RM350.
Under the agreement, Bank Rakyat will provide up to 100 percent financing for 10 years.
The bank is offering two financing schemes, namely Annaqlu 1 and Annaqlu 2.
Under Annaqlu 1, the financing margin is 90 percent with the interest rate between 3.30 and 3.75 percent.
For Annaqlu 2, the financing margin is 100 percent with the rate between 4.05 and 4.25 percent.
Those signing up will also get a free personal takaful protection package worth RM100,000 for three years from Takaful Ikhlas.
Bank Rakyat’s managing director Datuk Kamaruzaman Che Mat said total financing for Perodua cars amounted to more than 50 percent compared to other car companies, making it the highest car financing portfolio for the bank.
Kamaruzaman said the bank’s car financing portfolio was expected to increase to more than RM2.0 billion with the new scheme from RM1.8 billion currently.
“We are ready to finance any number even it goes beyond the 10,000 customers who apply car loans under this package,” he said.
— BERNAMA
