Our rate is on a flat rate basis
Note: Effective Interest/Profit Rate vary as below depending on loan/financing tenures of 2 – 5 years:
(i) Flat rate 7.80% p.a. – Effective interest/profit rates vary from 13.80% p.a. to 14.33% p.a.
(ii) Flat rate 9.00% p.a. – Effective interest/profit rates vary from 15.71% p.a. to 16.43% p.a.
0.50% of the Facility Amount will be deducted upon disbursement for stamp duty payable.
Assuming your total approved facility amount is RM50,000 with 5 years financing tenure and you pay your instalments promptly: