MD PREMIER LOAN
Why you should choose us?
- Licensed by KPKT (Akta 400) — regulated, transparent, accountable
- No hidden charges — all fees disclosed upfront in the Product Disclosure Sheet
Product Features
- Licensed by KPKT under the Moneylenders Act 1951 (Akta 400) — regulated, transparent, and accountable
- No hidden charges — all fees disclosed upfront in the Product Disclosure Sheet
- Financing from RM 5,000 to RM 100,000
- Debt service ratio (DSR): up to 70% of net income
- Disbursement within 48 hours of full document submission and approval
- Loan Tenure Available from 12 to 60 Months
Eligibility Criteria
- Gross income of RM 4500 and above
- Applicant age between 21 to 60 years old
Required Documents
- IC photocopy both sides
- Latest 3 months pay slip
- Latest 3 months bank statement
- Latest KWSP statement
- Latest Utility Bill
Charges
Stamp Duty:
- 0.5% of the loan amount Governed by the Stamp Act 1949. Mandatory on all
loan agreements. Example: RM100,000 loan = RM500 stamp duty - Up to RM1,000 (maximum) – Covers legal documentation and disbursement costs
- Deducted from disbursement upon approval
Legal Fee/Disbursement Fee:
Maximum RM 1,000 for loans up to RM 100,000.