AFFORDABLE MONTHLY REPAYMENT
Category Financing Amount Capping Interest Rate from (p.a.) Maximum Financing Tenure Minimum Maximum Tier 1 RM2,000 RM10,000 13.45% 5 Years (60 Months) RM11,000 RM15,000 7 Years (84 Months) Tier 2 RM16,000 RM50,000 11.66% Tier 3 RM51,000 RM99,000 9.91% Tier 4 RM100,000 RM150,000 8.18%
Note: PF 7 Years is only applicable for financing amount RM11,000 and above only.
*The rates stated above are based on a flat rate and vary according to the repayment period from 12 months onwards.
Tier 1: from 13.45% p.a. flat that is equivalent to EIR 24% p.a;
Tier 2: from 11.66% p.a. flat that is equivalent to EIR 21% p.a;
Tier 3: from 9.91% p.a. flat that is equivalent to EIR 18% p.a;
Tier 4: from 8.18% p.a. flat that is equivalent to EIR15% p.a.
The EIR (effective interest rate) may be higher if the monthly repayment is not regular.
| Category | Financing Amount Capping | Interest Rate from (p.a.) | Maximum Financing Tenure | |
|---|---|---|---|---|
| Minimum | Maximum | |||
| Tier 1 | RM2,000 | RM10,000 | 13.45% | 5 Years (60 Months) |
| RM11,000 | RM15,000 | 7 Years (84 Months) | ||
| Tier 2 | RM16,000 | RM50,000 | 11.66% | |
| Tier 3 | RM51,000 | RM99,000 | 9.91% | |
| Tier 4 | RM100,000 | RM150,000 | 8.18% | |
Note: PF 7 Years is only applicable for financing amount RM11,000 and above only.
*The rates stated above are based on a flat rate and vary according to the repayment period from 12 months onwards.
Tier 1: from 13.45% p.a. flat that is equivalent to EIR 24% p.a;
Tier 2: from 11.66% p.a. flat that is equivalent to EIR 21% p.a;
Tier 3: from 9.91% p.a. flat that is equivalent to EIR 18% p.a;
Tier 4: from 8.18% p.a. flat that is equivalent to EIR15% p.a.
Tier 1: from 13.45% p.a. flat that is equivalent to EIR 24% p.a;
Tier 2: from 11.66% p.a. flat that is equivalent to EIR 21% p.a;
Tier 3: from 9.91% p.a. flat that is equivalent to EIR 18% p.a;
Tier 4: from 8.18% p.a. flat that is equivalent to EIR15% p.a.
The EIR (effective interest rate) may be higher if the monthly repayment is not regular.
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