Adacash Personal Loan

(Last updated: 1 September 2026)

What is an Adacash Personal Loan?

Adacash, operated by Rock Wing Capital Sdn Bhd (Registration number: 1398566X/ 202001042245), is a KPKT-licensed moneylender (WL7787/14/01-3/210327) that offers a personal loan to assist you in times of financial need. Aiming to provide everyday Malaysians with a hassle-free borrowing experience, you simply need your valid IC or MyKad and an active local bank account to get started.

What can I get from Adacash?

With an Adacash personal loan, a new customer can borrow from RM500 to RM2,000 over a loan tenure of up to 3 months, with a fixed interest rate of 18% per annum.

If you are a repeat customer, Adacash may offer you an increased loan amount of up to RM5,000 with a longer tenure of up to 6 months. This, however, is solely based on Adacash’s assessment and approval of your previous credit standing.

What is the interest rate and how is my instalment calculated?

Adacash charges 18% per annum on a fixed, flat rate. This means interest is calculated on the full principal for the entire loan period, not on the decreasing balance as you make repayments.

Formula: I = (P + P×R×T)/M

Where:

P = Principal Loan Amount (e.g., RM 5,000.00)
R = Annual Flat Interest Rate (18% / 0.18)
T = Loan Tenure in YEARS (e.g., 0.5)
M = Total Repayment Period in Months (e.g., 6)

For example, if you borrow RM5,000 over 6 months, the total interest is RM450, so the total repayment is RM5,450, or RM908.33 per month. This calculation does not include fees. Your actual monthly repayment will vary slightly once stamp duty and other charges are added.

Since flat-rate interest is charged on the full principal throughout the tenure, the true annual cost is higher than the stated 18%. Note that the Effective Interest Rate (EIR) changes with tenure, so a different loan tenure will produce a different EIR.

• 3 months: 26.80% p.a.
• 4 months: 28.47% p.a.
• 5 months: 29.52% p.a.
• 6 months: 30.23% p.a.

Are there any fees I should note?

Yes, you'll need to pay for Stamp Duty, as per the Stamp Duty Act 1949 (Revised 1989).

Also, if you fail to repay your monthly instalments as stipulated in your agreement, you may be charged a late penalty fee for 8% per annum, calculated daily from the date of default in repayment until that sum is paid. Penalty fees on default are restricted under the Moneylenders Act 1951.

Can I settle my loan early?

Yes, you can. Adacash gives you the flexibility to settle your loan early if you have the means for it without any penalty or charges. Do give Adacash’s representative a call if you require assistance on this.

How fast will Adacash approve my loan?

Depending on your credit assessment and eligibility, you may be able to get your Adacash personal loan approved and disbursed to your bank account within 1 working day! However, according to Adacash, if you apply for a loan at night, your application will be processed on the next business day instead.

Am I eligible to apply and what document is required?

Any Malaysians aged 21 years to 70 years with a minimum monthly income of RM1,000 and have an active local bank account are eligible to apply for Adacash personal loan. Simply have your IC (front and back) and your local bank account number to start your application journey!

How can I reach out?

If you have any questions or need assistance, do reach out to the Adacash representative at 0360430999, WhatsApp at +601110546131 or via email at [email protected], Monday to Friday, 9am to 6pm.

• Address: D-18-3A, Menara Suezcap 1, Gateway No. 2, Jalan Kerinchi, Gerbang Kerinchi Lestari, 59200 Kuala Lumpur.
• License No.: WL7787/14/01-3/210327
• Advertisement Permit No.: WP7787/14/01-3/210327

Rock Wing Capital Sdn Bhd (Registration number: 1398566X/ 202001042245)