Who can apply
Malaysian citizens and permanent residents aged 21 to 60, with a steady income and a Malaysian bank account in their own name. For the SME Business Loan, the business must have been registered with SSM for at least 1 year.
Choose the loan that suits you
A Personal Loan for a planned expense you'll repay monthly, an SME Business Loan for working capital, and a Short-term Loan for a gap of days or weeks. Not sure which fits? Tell us what the money is for and your adviser will suggest one.
Personal Loan
One lump sum for a planned expense, repaid in equal monthly instalments over 3 to 108 months.
4.9%p.a., every term
- Borrow RM 1,000 – 100,000
- Period 3 – 108 months
For SSM-registered businesses
SME Business Loan
Working capital for stock, equipment or a busy season, repaid monthly over 6 to 108 months.
4.9%p.a., every term
- Borrow RM 5,000 – 300,000
- Period 6 – 108 months
Short-term Loan
For a gap of days or weeks. Pay interest only for the days you use, then repay in one go.
0.0136%per day (4.9% p.a.)
- Borrow RM 500 – 10,000
- Period 7 – 90 days
Which loan suits you?
Answer two or three quick questions and we'll point you to the loan that fits. It's a guide, not an approval: your adviser looks at your whole situation before suggesting an amount and period.
Question 1
What's the money for?
Compare our loans
Rates are per year unless stated, and the same rate applies to every period. Every approved customer pays these rates; your assessment decides whether you're approved and how much we can lend, and your adviser confirms the final offer before you sign.
| Feature | Personal Loan | SME Business Loan | Short-term Loan |
|---|---|---|---|
| Who it's for | Salaried or self-employed, aged 21 – 60, Malaysian citizen or PR | Businesses registered with SSM for at least 1 year | Malaysian citizen or PR aged 21 – 60 with a steady income |
| Rate | 4.9% p.a. | 4.9% p.a. | 0.0136% a day |
| Amount | RM 1,000 – 100,000 | RM 5,000 – 300,000 | RM 500 – 10,000 |
| Period | 3 – 108 months | 6 – 108 months | 7 – 90 days |
| Repayment | Equal monthly instalments; settle early with no penalty | Equal monthly instalments; settle early with no penalty | One repayment on the due date, or earlier |
| Apply | Apply | Apply | Apply |
What RM 5,000 costs, repaid two ways
The same RM 5,000, borrowed as a Personal Loan repaid monthly or as a Short-term Loan repaid in one payment. Both are worked out at 4.9% p.a.
Personal Loan
Equal monthly instalments- 6 months
RM 845.28a month, for 6 months
- Total interest
- RM 71.71
- Total repaid
- RM 5,071.71
- 12 months
RM 427.81a month, for 12 months
- Total interest
- RM 133.70
- Total repaid
- RM 5,133.70
- The coloured bar under each option shows its total interest, on the same scale for all five, so you can compare them at a glance.
Short-term Loan
One payment on the due date- 30 days
RM 5,020.42in one payment on day 30
- Total interest
- RM 20.42
- Total repaid
- RM 5,020.42
- 60 days
RM 5,040.83in one payment on day 60
- Total interest
- RM 40.83
- Total repaid
- RM 5,040.83
- 90 days
RM 5,061.25in one payment on day 90
- Total interest
- RM 61.25
- Total repaid
- RM 5,061.25
What the numbers show
- Interest mostly depends on how long you keep the money. Even 90 days on a Short-term Loan (RM 61.25) costs less than 6 months on a Personal Loan (RM 71.71).
- But a Short-term Loan is repaid in one go: borrow for 30 days and RM 5,020.42 is due on day 30. Only choose it if you know the money will be there.
- A Personal Loan keeps each payment smaller, RM 427.81 a month over 12 months, and you can settle early with no penalty, paying interest only up to that day.
The rate shown is the same for every period. Every approved customer pays it, well within the 18% p.a. legal cap for unsecured loans. Your income, existing commitments and credit record decide whether you're approved and how much we can lend, and your adviser confirms the final offer on WhatsApp before you sign. There are no processing or admin fees on top.
Before you apply
Four things worth checking first. It takes a few minutes and saves back-and-forth later.
Documents to have ready
Usually your latest payslips, or bank statements that show your income coming in. Businesses add their SSM registration and 6 months of bank statements. You send them as photos or PDFs on WhatsApp.
Documents for each loanWhat you can afford
As a comfortable guide, keep all your monthly repayments, including the new one, within 40% of your take-home pay. It's a conservative guide, not our approval rule.
Affordability calculatorNo fees on top
No processing, admin or membership fees, nothing deducted from the amount you receive, and no penalty for settling early.
Rates and feesLoans by purpose
Guides for common reasons to borrow, with an example and what to check first.
- Renovation loanPay your contractor and furnish your home, then spread the cost over monthly instalments.Read the guide
- Education loanCourse fees, professional certifications or your child's tuition, repaid monthly.Read the guide
- Medical loanTreatment, procedures or dental work not covered by insurance, repaid monthly.Read the guide
- Stock financingBuy stock ahead of a busy season and repay as sales come in.Read the guide
- Equipment financingMachinery, kitchen equipment or a POS system, paid off over 6 to 108 months.Read the guide
- Emergency cash loanAn urgent bill before payday. Borrow for days, not years, and repay in one go.Read the guide
Questions about rates and costs
Are there fees on top of interest?
No. There are no processing, service, admin or membership fees, and nothing is deducted from the amount you receive. All our rates stay well within the 18% p.a. legal cap for unsecured loans. Late payment charges, if any, are set out in your loan agreement.
Another lender quoted me a flat rate. How does it compare with yours?
Our rates are annual rates on a reducing balance, so you're only charged interest on what you still owe. A flat rate charges interest on the full original amount for the whole term, so the same number costs much more. For example, RM 10,000 at 10% flat over 12 months is RM 1,000 of interest, about 17.97% p.a. on a reducing balance, compared with RM 267.40 at our 4.9% p.a. Some low flat rates can still be competitive, so convert before comparing: use the Flat rate converter under Calculators.
Will my rate be different from the advertised one?
No. Every approved customer pays 4.9% a year on a reducing balance, whatever the term. What depends on your income and credit record is whether you're approved and how much we can lend. Your adviser confirms the final offer (amount, term and instalment) on WhatsApp before you sign anything.
Can I settle early, and how much will I pay?
Yes, at any time, with no early settlement penalty or fee. You pay the outstanding principal plus interest only up to the day you settle. For example, on RM 10,000 over 12 months at 4.9% p.a., settling right after the 6th instalment means paying RM 5,061.10 and saves RM 72.58 of interest. Settling between due dates adds interest for the days since your last due date (about RM 6.89 if you settled that loan 10 days later), so the amount changes from day to day. Message your adviser for the exact figure on the day you plan to pay. You can estimate it with the Early settlement calculator under Calculators.
Apply in about 3 minutes
Work out your monthly repayment first with our calculator. Your adviser confirms your rate before you sign, and applying doesn't commit you to borrow.