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Type of Fee

Amount

When would the fees be charged?

Stamping Cost

0.5% on loan amount.

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.