Interest/Profit Rate for Online Applications
Our rate is on a flat rate basis
Note: The effective interest/profit rates vary as follows for loan/financing-i tenure from 2 to 5 years:
(i) Flat interest/profit rate 6.00% p.a.: Effective interest/profit rates vary from to 10.85% p.a. to 11.13% p.a.
(ii) Flat interest/profit rate 8.00% p.a.: Effective interest/profit rates vary from to 14.13% p.a. to 14.68% p.a.
(iii) 0.50% of the facility amount will be deducted upon disbursement for stamp duty payable.
Illustration of Instalments
Assuming your verified monthly income is RM8,000 (applicable interest/profit rate of 6.00% p.a.) with a total approved facility amount of RM100,000 with 5 years financing tenure: