Emicro Loan

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Emicro is a licensed money lender company in Malaysia where you can apply for micro-credit directly on your mobile. Emicro offers innovative ways and technology to make financial services easier, faster and clear than traditional financial channels.

Emicro Product Info

Currently, Emicro offers micro-loan as low as RM500 up to RM10,000 at interest rates 18% p.a. for a period of installment minimum 3 months to maximum 24 months.

Fees & Charges

Minimum duration of payment: 3 months
Maximum repayment period: 24 months
Max. Annual Percentage Rate (APR) is 18%.
Processing Fee (Includes Stamp Duty and Legal Fees)
RM60 - RM400 depending on loan amount

Early Termination Fee
None

Late Payment Interest
8% p.a.from current outstanding amount

Late Penalty Fee
If any portion of the principal or interest not be paid within seven (7) days of when it is due, you will be charged a late payment penalty of RM25.00

Calculation of the Loan

Example:
Loan Amount - RM3000.00
Loan Period - 6 Months Installemnt
Interest Rate - 1.5% p.m or 18% p.a
Processing Fee (Includes Stamp Duty and Legal Fees) - RM150

Total Interest Charge: Loan Amount X Interest rate per month X Loan Period

RM3000 X 1.5% (Interest per month) X 6 Months = RM270

Total Repayment Amount: Loan Amount + Total Interest Charge
RM3000 + RM270 = RM3270

Monthly Installment Calculation: Total Repayment Amount / Loan Period
RM3270 / 6 Months = RM545

Total Cost of Loan= Processing Fee + Profit Rate Charges
Total Cost of Loan= RM150+RM270 = RM420

Requirements
Are you eligible for this personal loan?

Minimum annual income
RM18000

Minimum age
21 years old

Maximum age
50 years old

Who can Apply
Malaysians
Not be blacklisted by CCRIS & CTOS

WHY USE EMICRO?

- Easy Application: You just need to ready your Identity card and fill in your details directly in our app.

- Fast Approval: Your application can be approved and get your cash today.*

-Fixed interest rate 1.5% per month.

-Finance installment from 3 months.

Product Disclosure Sheet Download: https://www.emicro.my/emicrops.pdf


HOW IT WORKS:
* Fill in your details 
* Wait for credit check 
* Verify and digital sign
* Get your cash today!
* Subject to application made during business hours only.


Feel free to reach us for inquiry:

Phone number: +60379711155
WhatsApp:+60105051155
Email: enquiry@emicro.my
Address: 205B 2nd Floor Podium Block Faber Towers, Jalan Desa Bahagia,Taman Desa, 58100, Kuala Lumpur, Malaysia


Your Emergency. Our Priority.
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What's New

1. Fixed some bugs
2. Update loan informatiom
3. Update loan calculation example
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Additional Information

Updated
November 29, 2019
Size
15M
Installs
50,000+
Current Version
Varies with device
Requires Android
Varies with device
Content Rating
Everyone
Permissions
Offered By
EMICRO CAPITAL (M) SDN BHD
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