In line with Bank Negara Malaysia’s decision to reduce the Overnight Policy Rate (OPR) from 3.00% to 2.75%, alrajhi bank Malaysia has revised its key reference rates effective from 15 July 2025:

• Standardised Base Rate (SBR): 2.75% p.a.
• Base Rate (BR): 3.85% p.a.
• Base Financing Rate (BFR): 6.75% p.a.

For illustration, the effective profit rate for a 30-year financing of RM350,000 with no lock-in period is 3.85% p.a. (i.e. SBR + 1.10%). Please note that profit rates are subject to change from time to time.

As part of alrajhi bank Kingdom of Saudi Arabia—one of the largest banks in the world, alrajhi bank Malaysia remains committed to offering transparent, Shariah-compliant financial solutions that are responsive to market developments and supportive of customer affordability

The rate adjustment offers timely relief to borrowers and reflects our ongoing support for Malaysia’s economic stability,” said Syahrul Ishak, Chief Executive Officer of alrajhi bank Malaysia. “At the same time, we continue to offer attractive savings opportunities to help customers grow their wealth with confidence.”

Grow your wealth with Term Deposit-i

Despite lower OPR conditions impacting saving rates across the industry, customers still have an opportunity to secure a special rate of 3.80% per annum with alrajhi bank Malaysia’s Term Deposit-i offer*.

• Start saving from as low as RM500
• Fully digital application and management via the MY alrajhi app - no branch visits required
• Available until 31 August 2025, or until RM500 million in total placements is reached—whichever comes first.

This exclusive offer is part of the Hi MY alrajhi Save & Earn campaign which rewards both new and existing customers of the Bank. Learn more HERE.