{"id":63241,"date":"2024-05-03T11:43:17","date_gmt":"2024-05-03T03:43:17","guid":{"rendered":"https:\/\/www.imoney.my\/articles\/?p=63241"},"modified":"2024-05-03T14:20:03","modified_gmt":"2024-05-03T06:20:03","slug":"direct-lending-tan-chong-motor-partnership","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/direct-lending-tan-chong-motor-partnership","title":{"rendered":"Direct Lending, Tan Chong Motor To Offer Shariah-Compliant Car Service Financing"},"content":{"rendered":"

Digital lending platform, Direct lending, has announced a partnership with Tan Chong Motor Holdings Berhad (Tan Chong). This partnership will introduce a Shariah-compliant, fully digital auto service financing plan at their Nissan Service Centres nationwide.\u00a0<\/span><\/p>\n

<\/span>Apply for financing for your car servicing online<\/span><\/h2>\n

Tan Chong is now offering customers the ability to have their financial eligibility checked and documents validated via the online platform. <\/span><\/p>\n

Customers can get their immediate financing secured compared to traditional financing options. This provides a new level of flexibility for customers while managing their car service and repair expenses with a repayment period of up to 12 months.<\/span><\/p>\n

Applicants can quickly and easily secure financing in just three simple steps. <\/span><\/p>\n

    \n
  1. Fill in their details<\/li>\n
  2. Submit their identification card along with the last three months\u2019 bank statements<\/li>\n
  3. Make the first payment, set up monthly repayments and sign the financing agreement<\/li>\n<\/ol>\n

    This can all be done via smartphone.<\/span><\/p>\n

    <\/span>Car service financing available at 10 Nissan Service Centres<\/span><\/h2>\n

    To kick-off this initiative, Direct Lending services will be made available at 10 selected Tan\u00a0 Chong\u2019s Nissan Service Centres. This facility will eventually be expanded nationwide to all Tan\u00a0 Chong\u2019s Nissan Service Centres.\u00a0<\/span><\/p>\n

    “This partnership aims to alleviate the financial burden of vehicle maintenance \u2014 worn or damaged components can be detrimental to the car’s performance, putting drivers, passengers and other road users at risk,\u201d said Mr Hui Yik Seong, Founder of Direct Lending.<\/span><\/p>\n

    \u201cThe safety of our customers is our highest priority. By partnering with Direct Lending, we can ensure that our customers have the financial flexibility to maintain their vehicles in optimal condition, hence contributing to a safer drive,\u201d said Mr Daniel Ho Wai Ming, Group Chief\u00a0 Executive Officer of Tan Chong.<\/span><\/p>\n

    <\/span>Fully Shariah-compliant financing facility<\/span><\/h2>\n

    This car service instalment plan by Direct Lending is a Shariah-compliant financing facility fully endorsed by Amanie Advisors, a leading global Islamic Finance Advisory firm, ensuring its accessibility to all.<\/p>\n

    This facility will eventually be expanded nationwide to all Tan Chong\u2019s Nissan Service Centres.<\/p>\n","protected":false},"excerpt":{"rendered":"

    This plan will soon be available at Nissan Service Centres nationwide. <\/p>\n","protected":false},"author":58,"featured_media":63242,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[237,216],"tags":[1021,2098,2245,477,2247,2246,1419,982,2249,2248],"class_list":["post-63241","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-autos","category-news-updates","tag-auto","tag-car-maintenance","tag-car-service","tag-cars","tag-direct-lending","tag-maintenance","tag-maintenance-fees","tag-news","tag-nissan","tag-tan-chong-motors"],"acf":[],"yoast_head":"\nShariah-Compliant Car Service Financing Now Available At Nissan Service Centres<\/title>\n<meta name=\"description\" content=\"Direct Lending has partnered with Tan Chong Motor to provide customers with access to financing for their car servicing expenses\" \/>\n<meta name=\"robots\" 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