- Malaysian citizens only.
- 18 to 60 years old.
- A minimum gross income of RM 1,000.00 is required.
- The minimum financing is RM 1,000.00 while the maximum is RM 50,000.00.
- The minimum payment tenure is 1 year while the maximum is 5 years.
Fees & Charges
- Processing Fee: RM50.00
- Stamp Duty: As per the Stamp Act 1949 (Revised 1989)
- Wakalah Fee: RM 25.00
- Takaful fee: RM 24.30 – RM 509.20 (“subject to Takaful Provider discretion on pricing and approval”)
Profit margin: 18% – 20% per annum. (Subject to JCL approval)