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[SLoan] Why was my loan amount partially disbursed and what fees are deducted?

English | Bahasa Malaysia

 

The actual loan amount reflects the balance after the deduction of the loan agreement stamping cost (0.5% or RM10, whichever is higher) and attestation fees of RM5.40 (including 8% SST). 

 

For example:

 

Actual loan amount: RM20,000

Stamping cost: RM20,000 x 0.5% = RM100

Attestation Fees (including 8% SST): RM5 + 8% SST = RM5.40

Loan amount disbursed: RM20,000 - RM100 - RM5.40 = RM19,894.60

SLoan is a service provided by Monee Capital Malaysia Sdn. Bhd. (formerly known as SeaMoney Capital Malaysia Sdn. Bhd.).

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