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• At least 18 years of age and employed in Malaysia
• Must hold a MyKad (Malaysian) or Valid Passport (Non Malaysian)
• Must have a valid mailing address in Malaysia. We do not accept P.O Box address

The maximum gross loan is RM1200 which is subject to assessment based on your eligibility and basic salary.

The maximum loan tenure is one (1) month or your next salary date which shall not be less than fourteen (14) days from the date the loan was disbursed. 

The loan is subject to an interest rate not exceeding 1.5% per month (18% per annum).

Costs involved are the legal & stamp duty fees.

If you default in your repayment upon the due date, MAA Credit Berhad is entitled to charge a simple interest at the rate of 0.67% per month (8% per annum) from day to day from the date of default in repayment until the sum is paid.

• MyKad (Malaysians) / Passport (non-Malaysians);
• Latest salary slip; and
• Latest 3 consecutive months’ salary bank statement

Salary slip and salary bank statements must not be older than 1 (one) month from date of first application and must not be older than 6 (six) months from the date of application for subsequent loans. Borrower to update profile and documents if there is any changes in employment or salary bank account.

You cannot apply if your monthly salary is paid by your employer via cash or cheque. You are required to have a salary bank account where your monthly salary is credited into the account by your employer via bank transfer. 

Repayment of loans will be done automatically via direct debit from your salary bank account on your salary date. You are required to register for online banking services with your respective bank (where salary is paid) in order to enrol and enable the Direct Debit transaction. The below links provide instructions on how to register for online banking from the major banks in Malaysia. 

You will be notified of your eligibility status via email within one (1) working day from the date of submission.

First time customers are required to sign the following documents at our office:

(a) Consent letter to CTOS;

(b) Letter of Offer;

(c) Moneylending Agreement;

(d) Acceptance of Legal Advisory Service; and

(e) Direct Debit Form, which is an instruction for the loan repayment from the salary bank account.

*Customers may also register through FPX at our office for the Direct Debit service.

Repeat customers do not need to re-sign any documents with us again unless the customer has changed his/her salary bank account. 

The loan can be disbursed to you upon the moneylending agreement being duly stamped and the direct debit enrolment being successfully registered with your bank. First time disbursement is within five (5) working days via bank transfer, however all subsequent drawdown can be processed online only without re-signing documents with us as mentioned above and the loan will be disbursed directly into your salary bank account within one (1) day.  

Repayment will be done automatically via direct debit from your salary bank account on your next salary date which shall not be less than fourteen (14) days from the date the loan was disbursed. 

If your borrowing track record and internal credit rating is good, you may be entitled to multiple/more than one (1) loan at the sole discretion of the MAA Credit Berhad.