- You Pay
- RM 89 /mth
- Profit Rate
- Total Profit Payable
- RM 70
- Total Repayment
- RM 1,070
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Use our personal loan calculator to find the best personal loan based on your requirements and eligibility.
Select the best product that fits your requirements from the list of recommended personal loan products listed and click on the Apply button.
Fill in a form with your details to be submitted for application, and a representative from iMoney or the bank will call you to process the application.
JCL Boost Flash Promo: 4,500 Boost Coins redemption worth RM45 when you get approved. (Terms and Conditions)
The JCL i-FUND Personal Financing is a Financing offered by a licensed credit leasing company. It comes with one of the lowest minimum income requirement and loan amount. If you have trouble qualifying for a personal financing offered by banks, this is a good option to try out.
Best for: Low-income earners who are looking for quick cash flow solutions
Income requirements: Open for those who are earning RM1,000 and above a month
Pros: Low-income requirement, as well as no processing fee and early settlement penalty
The JCL i-FUND Personal Financing ranges from 18% to 20% per annum (or per year). The final approved profit rate is subject to the bank’s approving criteria. It is slightly higher compared to some personal financing, but the best part of this loan is the minimum income requirement and an easier approval process.
JCL i-FUND Personal Financing offers one of the lowest financing amounts in the market, starting from RM1,000 to a maximum up to RM50,000. The financing amount you can borrow ranges between RM1,000 and RM50,000.
Financing tenure means how long you can take to repay the financing. The maximum financing tenure for JCL i-FUND Personal Financing is 5 years. The longer your financing tenure, the lower your monthly repayment as you stretches out your financing amount to a longer-term financing.
Income: Your minimum gross salary must be at least RM1,000 per month. Gross salary means salary before mandatory monthly deductions such as income tax and Employees Provident Fund (EPF) contribution.
Age: You must be between the age of 18 and 60 to qualify for the financing. JCL allows a much younger applicant to apply for their financing compared to what most banks allow.
Other qualifying criteria: You must be a Malaysian citizen to qualify.
The bank can take up to 3 working days to process and approve your financing upon receiving all your information and documents. You can check your chances of approval if you apply through iMoney. Our call centre consultants will walk you through an eligibility checker before recommending the best personal financing for you.
Late payment charges: 1% Ta'widh (Compensation) and 7% Gharamah (Penalty) per annum will be charged upon the amount due.
Other fees: JCL i-FUND Personal Financing does not charge a processing fee or early settlement fee. However, they require at least 30-day prior notice in writing for early settlement.
our monthly repayment is fixed throughout the financing tenure, and it is split into the payment of principal and profit rate.
The lower your profit rate and the longer your financing tenure, the lower your monthly repayment will be. For example, if you are borrowing RM10,000 with an profit rate of 18% over 3 years, your monthly repayment will be around RM428.
Use the personal financing calculator above to calculate your monthly repayment.
Upon approval, the financing amount will be credited into a bank account provided by you.
Once you have completed your application with iMoney, you are required to provide the following documents for your application: