JCL i-Fund Personal Financing
Interest rate18.00% p.a.
Max. Loan AmountRM 50,000
Max. Tenure5 years
Interest rate18.00% p.a.
Max. Loan AmountRM 50,000
Max. Tenure5 years
Tawarruq-based Islamic financing up to RM50,000, with fast approval in 3 working days.
Calculate your monthly repayment
*Profit rate, monthly repayment, and total repayment amount displayed are estimates for illustrative purposes only. The actual financing terms, including the approved amount, and final profits are subject to assessment and approval by the lending party.
Fees and Charges
Profit Rate18.00% p.a.**Subject to terms and conditions
Stamp Duty
ChargeableAs per the Stamp Duty Act 1949 (Revised 1989)
Processing Fee
RM 50.00
Late Payment Fee
Chargeable1% Ta'widh (Compensation) and 7% Gharamah (Penalty) per annum will be charged upon the amount due
Early Termination Fee
Exempted
Comparing and applying through CompareHero is free. Any fees, charges, interest rates, and final loan terms are set by the licensed lender.
Eligibility
Min. IncomeRM 1,000per monthRM 12,000 per year
Who Can Apply?Malaysian citizens18 - 60 years old
Employment Status
- Salaried employee
- Self-employed
- Commission earner
Documents required to apply:You will need to provide several documents such as (varies between different banks):
Salaried Employees (Malaysian)
- A copy of your IC (both sides)
- Latest 3 months salary slip
- Latest 3 months bank statement (with salary being credited)
- Original utility bill receipts such as electricity, water bills, etc.
Self-Employed (Malaysian)
- A copy of your IC (both sides)
- Business Registration Certificate (SSM) / Forms 9, 24 and 49 / M&A
- Latest B/BE Form with official tax receipt
- Latest 6 months bank statement
- Original utility bill receipts such as electricity, water bills, etc.
Loan Repayment Table
| Financing Amount | Financing Tenure | Min. Income | Profit Rate |
|---|---|---|---|
| RM 500 - RM 50,000 | 12 - 60 months | min. RM 12,000 | 18.00% p.a. |