Information before making a decision
Understand the features, rates and repayment amounts
A concise disclosure to help users compare costs and responsibilities before accepting any offer.
01
Financing amount
The approved amount may differ from the amount requested and is subject to assessment.
02
Interest rate
Refer to the annual rate, calculation method and total interest in the official offer.
03
Repayment term
A longer term may reduce the monthly payment but increase total interest.
04
Related charges
All applicable charges must be stated and explained before the agreement.
05
Late payment
Ask about the consequences and applicable charges if payments are not made according to schedule.
06
Total repayment
Review the total amount, not just the monthly payment.
Before signing
Read the entire agreement.
Ensure the name, amount, rate and term are correct.
Ask about any term you do not understand.
Keep a copy of the signed documents.
Understand the features, rates and repayment amounts
Rate Structure
The financing interest rate is subject to the type of financing, financing amount, repayment period and the outcome of the application assessment.
The calculation example below uses a fixed interest rate of 18% per annum based on the flat-rate method. The actual rate offered will be clearly stated in the financing offer letter and agreement.
​
Applicable Charges
Any applicable charges will be explained to the applicant before the agreement is signed.
Charges that may apply include:
-
Stamp duty
-
Administration fee
-
Late-payment charge
-
Other charges
Applicants are advised to review all rates, charges and the total repayment amount before signing the agreement.
​
Calculation Example
Example for financing of RM10,000 over 12 months, using a flat rate of 18% per annum:
-
Financing amount: RM10,000
-
Total interest: RM10,000 × 18% × 1 year = RM1,800
-
Total repayment: RM11,800
-
Estimated monthly payment: RM11,800 ÷ 12 = RM983.33
This calculation is for illustration purposes only. The actual amount is subject to the rate, repayment period, applicable charges and terms stated in the agreement.
​
Payment Procedures
Payments must be made according to the payment schedule stated in the agreement.
Accepted payment methods:
-
Bank transfer to the company’s official account
-
Direct debit
-
Payment at the company’s office
-
Other authorised payment methods
Keep the receipt or proof of payment for every transaction. Do not make payments to personal accounts or unverified parties. For payment enquiries, contact the company through the official channels listed on this website.