First N Ever Personal Financing
Quick online financing with First N Ever Personal Financing
Calculate your monthly repayment
Fees and Charges
Eligibility
- Only open to individuals who either live or work in the Klang Valley or Johor area
- Salaried employee
- Self-employed
- Not declared bankrupt
- Copy of your IC (front and back)
- Latest 3 months salary slips
- Latest 3 months bank statement (from salary crediting account)
- Latest EPF statement or BE Form
- Original utility bill receipts i.e. electricity or water bills, etc.
- Copy of identity card (front & back)
- Latest 3 months salary slip
- Latest 3 months bank statement (with salary being credited)
- Latest B/BE Form with official tax receipt
- Original utility bill receipts such as electricity, water bills, etc.
Loan Repayment Table
| Financing Amount | Financing Tenure | Min. Income | Interest Rate |
|---|---|---|---|
| RM 5,000 - RM 300,000 | 6 - 36 months | min. RM 48,000 | 12.00% p.a. - 18.00% p.a. |
Features
Interest rates from 12% to 18% per annum
No collateral is required to make an application
Fast approval, within 3 to 5 working days, subject to credit profile assessment
Seamless online loan application
Terms and Conditions
Product Review by CompareHero
What is First N Ever Personal Financing?
First N Ever offers unsecured personal financing, meaning no collateral is needed to apply. First N Ever is a licensed money lender and credit community registered with KPKT, with over 20 years of experience providing financial assistance to Malaysians.
How much can be borrowed from First N Ever?
The loan amount and terms depend on the applicant's profile.
Financing ranges from RM5,000 to RM300,000. The final amount is decided by First N Ever after the application is submitted.
The tenure ranges from 6 to 36 months, with an interest rate of 12% to 18% per annum, and no collateral is required.
What fees or charges apply?
A few standard fees apply on top of the interest rate.
Two main fees apply: a Stamp Duty Fee of 0.5% of the total financing amount, and a Processing Fee, as stated in the loan agreement.
First N Ever does not charge any advance instalment fee or security deposit before the financing application is processed.
Full details are available in the Product Disclosure Sheet.
What happens if a monthly instalment isn't repaid?
Missing a payment comes with financial and legal consequences.
A late penalty fee of 8% per annum applies on the outstanding amount. If payments continue to be missed, the outstanding balance becomes harder to settle, and legal action may follow.
How fast is the financing disbursed after approval?
Approval doesn't mean the funds arrive immediately.
Once approved, the financing amount is typically disbursed within 3 to 5 working days, subject to the applicant's eligibility and First N Ever's underwriting requirements.
Who is eligible to apply for First N Ever Personal Financing?
Eligibility is based on age, income, and location.
- Working or self-employed Malaysians aged 21 to 60.
- Not declared bankrupt.
- Minimum annual income of RM48,000, or RM4,000 a month.
- Must currently live or work in Klang Valley or Johor, regardless of home state.
What documents are required to apply?
A standard set of documents needs to be submitted with the application.
- Copy of identity card (front and back)
- Latest 3 months' salary slips
- Latest 3 months' bank statements from the salary-crediting account
- Latest EPF statement or BE Form
- Original utility bill receipts (electricity, water, etc.)