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 – 5 years:
(i) Flat interest/profit rate 4.70% p.a.: Effective interest/profit rates vary from to 8.64% p.a. to 8.78% p.a.
(ii) Flat interest/profit rate 6.70% p.a.: Effective interest/profit rates vary from to 12.01% p.a. to 12.38% 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 RM5,000 (applicable interest/profit rate of 4.70% p.a) with a total approved facility amount of RM5,000 with 5 years financing tenure: