RM
year(s)
RM
- You Pay
- RM 89 /mth
- Interest Rate
- Total Interest Payable
- RM 70
- Total Repayment
- RM 1,070
Maybank SME Clean Loan
-
- Interest Rate
- 4.50% p.a. ~ 4.50% p.a.
-
- Max. Loan Amount
- RM 250,000
Calculate your loan repayment instantly
Key Features
Apply online no document required, no branch visits required
Receive application status as fast as 10 minutes
Collateral-free financing up to RM250,000, tenure up to 5 years.
More details
-
Features- Min. Loan Amount
- RM 10,000
- Max. Loan Amount
- RM 250,000
Other features
- Disbursement
- Financing disbursement as fast as 1 minute
-
Eligibility/Documents- Age Requirement
- 18-60 years old
- Min. Monthly Business Sales
- RM 3,000
Other eligibility requirements
- Need to open linked bank account?
- No
- Guarantor Collateral Requirement
- N/A
- Existing Maybank customer
- No documents required if you are an existing Maybank customer.
- NRIC (Malaysian) / Passport (Non-Malaysian)
- Your NRIC (front and back)
- SSM
- Business Registration documents
- Bank Statements
- Latest 6 months company bank statement
- Trading license
- For business operating in Sabah & Sarawak
-
Fees and charges- Stamp Duty
- As per the Stamp Duty Act 1949 (revised 1989)
Other fees and charges
- Early Settlement
- N/A
- Documentation Fee
- Documentation Fee of RM600. Free for SME Online Micro Financing
- Late payment penalty
- 1% per annum on the amount in arrears
How do you apply for a business loan online?
Step 1
Find the best business loan with our comparison table, then click the Apply button of your preferred loan to leave your contact details.
Step 2
Our friendly business loan consultant will call you. They will help to answer any questions and submit your application to bank.
Step 3
After your loan application is submitted to the bank, a representative from the bank will call you and get your loan approved in 5-7 business days.
Read more about Business Loan
Review by iMoney
The Maybank SME Digital Financing is a loan for small to medium sized businesses with financing amounts as low as RM 10,000, and maximum amount of RM 250,000. The interest rates offered are tiered according to the loan amount, with lower rate for higher loan amount.
Best for: iMoney recommends Maybank SME Digital Financing for business purposes, as it offers a lower rate for higher loan amount, with tenure between 1 year to 5 years.
Income requirements: less than RM 25million annual sales turnover
Pros: No collateral required (except for letter of guarantee by directors and CGC guarantee)
Latest news and updates for Maybank SME Loan 2021
As of now, Maybank SME Digital Financing has thus far approved RM1bil of financing for more than 8,200 SMEs, of which 85% or 6,950 are start-ups and microenterprise.
Through this loan, SMEs can apply for financing online via Maybank2u or Maybank2uBiz anytime and anywhere without having to visit a branch.
Maybank SME Digital Financing FAQ
Maybank SME Digital Financing offers a much more attractive rate for those who wish to borrow above RM10,000.
Maybank SME Digital Financing packages:
- SME Online Clean Loan - Fast Cash for SME
- SME Online Micro Financing - Funded by Bank Negara Malaysia (BNM FME)
- SME Online PGX - Guaranteed by Credit Guarantee Corporation (CGC)
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