Shopee MY Help Center
Shopee Policies
Hi, how can we help?
[SLoan] What are the fees related to SLoan?
English | Bahasa Malaysia
The fees related to SLoan are:
Type of Fee | Amount | When would the fees be charged? |
Stamping Cost | As per Stamp Act 1949 (Revised 1989). As of January 2025, stamp duty is 0.5% of the loan amount (rounded up to the next thousand) OR a minimum of RM10, whichever is higher. Illustration as below:
| This fee will be deducted upfront from the disbursement amount. |
Attestation Fees | RM5 per loan withdrawal | This fee will be deducted upfront from the disbursement amount. |
Interest Rate | 1.5% per month or 18% per annum on loan amount | This fee is imposed upon repayment. |
Late Payment Penalty | 8% per annum on overdue monthly installment, charged daily | This fee is imposed upon repayment in the event of late payment. |
SLoan is a service provided by SeaMoney Capital Malaysia Sdn Bhd.
Was this article helpful?
Yes
No
Do You Have Any Other Questions?
Have a chat with us
Shopee: 24Hours, Shopeefood: 7am-11pm
Give us a call
Shopee: 8am-7pm
