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 5.50% p.a.: Effective interest/profit rates vary from to 10.01% p.a. to 10.23% p.a.
(ii) Flat interest/profit rate 7.50% p.a.: Effective interest/profit rates vary from to 13.32% p.a. to 13.80% p.a.
(iii) 0.50% of the facility amount will be deducted upon disbursement for stamp duty payable.
Illustration of Instalments
For example, you are an applicant with a verified monthly income of RM8,000 and above and you apply online via the Bank’s Website. The applicable interest/profit rate is 5.50% p.a. and your total approved facility amount is RM100,000 for a financing tenure of 5 years. The above example is illustrated below: