- Interest Rate (p.a.)
12.00% - 18.00%
- Loan Tenure
1 - 5 years
- Approval Duration
- Min. monthly income
High Chance of approval without penalty on early settlement
Only covers Klang Valley area
What's so great about JCL Personal Loan?
- Approved loan amount of up to RM50,000
- Flat interest rate starting at 12% per annum
- No guarantor, no collateral
|Min. financing amount||RM500|
|Max.financing amount|| RM50,000|
|Min. loan tenure||1|
|Max. loan tenure||5|
|Interest rate||12% per annum (with collateral) or 18% per annum (without collateral)|
|Approval duration||2 days|
Fees & Charges
|One time set up|
|Stamp duty||0.5% of approved loan amount|
|Disbursement & misc. fee||N/A|
|Early settlement||No penalty|
|Late payment charges||8% from current outstanding amount|
|Age requirement||Age 18 - 60|
|Employment eligibility||Government servants, employees of private sector organization, and self-employed individuals|
|Min. salary requirement||RM1,000 gross per month|
|Guarantor / Collateral requirement||N/A|
|Need to open linked banked account?||No|
|Need to buy Takaful product?||No|
Product Review by
JCL Personal Loan FAQ
What is the maximum amount you can borrow?
Borrowable amount of up to RM50,000 for a maximum loan tenure of five years.
Applicant must be between the age 18 to 60 above to qualify.
Applicant must be a Malaysian citizen or permanent resident employed as a Government servant, employee of private sector organization, or self-employed with a minimum gross salary of RM1,000 per month or annual income of RM12,000.
This loan covers applicant who live within Klang Valley area.
What will it cost you and how will you be charged?One time set-up fee:
Calculate the cost of taking up this loan using our calculator.
How long will the application take and what documentations are required?
Upon completing an application with iMoney, our representative will contact you within the same business day to confirm your application.
Thereafter, JCL will require 2 days to asses you documentation before deciding on approval
- Copy of NRIC (front and back)
- 3 months (most current) salary slips
- 3 months (most current) bank statements
- EPF or bank statement (most current)
- Current utility bill with current address
Can you apply if you have a bad CCRIS/ CTOS/ Credit Record?
JCL is doing an original multiangle analysis, so they have high approval rate. .