Product | SLoan | SLoan Xtra |
Type of Loan | Revolving Loan - A flexible loan facility you can utilize, settle, and reuse within the approved limit | Term Loan - A fixed loan facility with regular payments over an agreed period |
Limit | Flexible withdrawal up to | One-time withdrawal up to RM50,000. Minimum withdrawal RM6,000 |
Interest Rate | From 1.5% per month or 18% per annum, depending on your risk scoring | From 0.75% per month or 9% per annum, depending on your risk scoring |
Tenure | 3 - 24 months | 12 - 36 months |
Document Required for Activation | Identification card is required | Identification card and additional income documents are required:
For employed, salaried users ·Mandatory latest 3 months Salary Slip, and
Any 1 of the following documents: ·Latest 3 months Bank Statement
·Latest EPF statement with at least 3 months contribution
For users who are business owners or self-employed: All 2 of the following documents: ·Company Business Registration Certificate
·Latest 3 months Bank Statement
|