- You Pay
- RM 89 /mth
- Profit Rate
- Total Profit Payable
- RM 70
- Total payment
- RM 1,070
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Repayment period from 12 months to 60 months with financing amount from RM5,000 to RM50,000.
Competitive interest rates for student loans, debt consolidation and even home improvements.
MD Islamic Financing is a certified Shariah-compliant financing product.
Use our personal financing calculator to find the best personal financing based on your requirements and eligibility.
Select the best product that fits your requirements from the list of recommended personal financing 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.
The MD Personal Financing/-i is an unsecured Islamic personal financing that can be used for a variety of purposes including education fees, debt consolidation, business investment, medical expenses and home improvements.
Income requirements: This personal financing is open to those whose family earnings is RM4,000 and above a month.
Financing Amount: Minimum amount of RM5,000 to a maximum amount of RM50,000
MD Capital is a license credit community with a certified Shariah-compliant license to offer islamic and conventional personal financing.
Income: Your minimum household/family income must be at least RM4,000 per month, or RM48,000 a year.
Age: To qualify, you must be between the age of 21 and 60. This means, your age must not exceed 60 at the end of the financing tenure. For example, if you are taking up the financing at age 56, the maximum financing tenure you can qualify for is only 4 years, instead of the maximum 5 years.
Other qualifying criteria: You must be a Malaysian citizen or foreigner working in Malaysia.
Once you have completed your application with iMoney, you are required to provide the following documents for your application:
The maximum financing you can borrow is RM50,000 and the minimum financing amount if RM5,000.
Financing tenure means the period of your financing. The maximum financing tenure for MD Personal Financing/-i is 12 months to 60 months. Why does this matter? The longer your financing tenure is, the lower your monthly repayment will be. But it also means higher profit charges.
MD Personal Financing/-i offers a profit rate as low as 1.25% to 1.5% per month.
As stated in the Stamp Duty Act 1949 (Revised 1989)
2% of Financing Amount ( Maximum is capped at RM500 )
The MD Personal Financing/-i can take up to 48 working hours to process and approve your financing upon receiving all your information and documents. To speed up the process, you can complete the application through iMoney where our call centre consultant will walk you through the eligibility checker, application form, and advise you on required document submission.
As with any personal financing, you will be required to make monthly repayment, which comprises of principal amount and profit charge.
How much you pay per month depends on your financing amount, tenure and profit rate. For example, if you are borrowing RM25,000 with a profit rate of 18% over 3 years, your monthly repayment will be around RM1,069.
Use the personal financing calculator above to calculate your monthly repayment.