Boost Bank has partnered with DCAP Digital to roll out a hire purchase financing product for motorcycles.

The product, known as the Motorbike Loan, was piloted in June 2025 and is now available through selected motorcycle dealers. The partners plan to expand the dealer network across Peninsular Malaysia in the coming months.

Financing Terms And Features

Applicants may qualify for financing of up to 90% on new mopeds below 250cc, with repayment periods of up to 60 months. The loan carries a fixed interest rate of up to 10% per annum.

DCAP Digital’s AI-powered credit engine is being used to process applications, which the company says helps shorten approval times compared with manual checks.

Target Customer Groups

Boost Bank said the loan is intended to support customers such as first-time buyers, gig workers, and daily commuters. These groups often face challenges in obtaining conventional financing, particularly when purchasing entry-level motorcycles for work or transport needs.

DCAP Digital added that the product is structured to widen access to credit while maintaining lending safeguards through its credit engine.

Managing The Loan Digitally

Repayments are made via Direct Debit and can be monitored in the Boost Bank app. Customers are able to view their repayment status, check annual e-statements, and access details of fees and charges upfront.

Boost Bank explained that the digital management features are meant to give borrowers visibility over their commitments and to encourage more disciplined repayment behaviour.

Expanding Mobility Through Financing

Both companies said the partnership reflects their intention to broaden financial inclusion by linking mobility with digital banking services. For many Malaysians, especially those who rely on motorcycles as their primary mode of transport, access to structured financing may help reduce upfront costs and ease long-term planning.

To explore other types of vehicle financing, check out the latest car loans in Malaysia for comparisons and insights.

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• TAGS:
• Boost Bank
• DCAP Digital
• Loans
• Motorbike Loan