- Interest rate (p.a.)
12.00% - 18.00%
- Loan Tenure
1 - 1 years
- Approval Duration
- Min. monthly income
What's so great about Cashwagon Personal Loan?
- Simplest and quickest way to get hassle-free instant cash loan
- Quick disbursement process as fast as 24 hours from approval
- Complete entire application online and eliminate complicated approval process
|Min. financing amount||300|
|Max.financing amount||- 2,000 for new customers|
- 3,000 for existing customers
|Min. loan tenure||1 month|
|Max. loan tenure||Customer will need to pay the minimum amount required (25% of the Unpaid Balance amount) to extend the due date to another term|
|Interest rate||1.5% per month|
|Approval duration||24 hours|
Fees & Charges
|One time set up|
|Other fees||Legal Processing Fees|
|Early settlement||Possible without any penalties or charges|
|Late payment charges||Fees charged by the Debt Collection Agency|
|Age requirement||Age 20 - 60|
|Employment eligibility||All sectors possible except for: Housewife, Police/Military, Any type of uniform groups (e.g. RELA, Auxiliary police, etc), Unemployed, Student, Retired/Pensioner|
|Min. salary requirement||RM1,000 gross per month|
|Guarantor / Collateral requirement||Not required|
Product Review by
Cashwagon Personal Loan gives you the financial support to enjoy quick disbursement process, as fast as 24 hours from approval. You can complete the entire application online, eliminating complex approval procedures and complicated ways to claim the money.
Cashwagon Personal Loan
What is the maximum amount of money that you can loan from Cashwagon?
You are allowed to borrow instant cash up to RM 2,000. For repeat customers, you may borrow up to RM3,000.
So what are the Terms & Conditions?
To be qualified for the Cashwagon Personal Loan, you must be between 20 and 60 years old. On top of that, you must be currently employed and with a valid home address in Peninsular Malaysia only.
What is the interest rate?
Upon approval, interest rate not exceeding 12% p.a (with collateral) and 18% p.a (without collateral)
What are the penalties for late payment or early settlement?
How long will the application take and what documentations are required?
Upon completing an application with iMoney, you will be directed to the Cashwagon application page to complete the application process which includes a copy of your NRIC.
Thereafter, Cashwagon will assess your application if it has been successful or rejected before the approval or disbursement within 24 hours.
Can you apply if you have a bad CCRIS/ CTOS/ Credit Record?
The answer is Yes, you can still apply and get approved. However, it is advised that you settle all overdue payments before applying. Learn more about credit information from Credit Bureau Malaysia.