Micro Fast Loan(Last updated: 28 August 2026)
Emicro i-Financing: Shariah-Compliant Personal Financing
A Shariah-compliant personal financing solution that gives eligible Malaysians fast, convenient, and transparent access to financing when they need it most.
Emicro Services Sdn Bhd (Reg.No : 201501014968 (1140300-D) is a financing company licensed (Licence No.: WL5789/14/01-10/210826) by the Ministry of Housing and Local Government (KPKT). Its Tawarruq-based Emicro i-Financing products are certified by its Shariah Advisors, providing an ethical and transparent financing solution.
Apply through their fully digital platform and receive approval within 1 working day, subject to applications being submitted during operating hours, complete documentation, and successful assessment. Once approved and all requirements are fulfilled, the financing amount will be disbursed to your designated bank account as soon as possible.
Applications submitted outside operating hours will be processed on the next working day.
What are the minimum and maximum financing amounts?
Emicro i-Financing offers financing amounts from RM500 to RM10,000, with flexible tenures ranging from 3 to 24 months.
What profit rate do I get with Emicro i-Financing?
Emicro i-Financing applies a fixed, flat profit rate of 12% per annum (with collateral) or 18% per annum (without collateral).
A flat rate means the profit is calculated once, on the full amount borrowed, for the entire loan period. It doesn't reduce as the balance is paid down, unlike most bank personal loans, which charge profit only on the amount still owed.
Formula: I = (P + P×R×T)/M
Where:
P = Principal Loan Amount (RM 10,000.00)
R = Annual Flat Profit Rate (18% / 0.18)
T = Loan Tenure in years (e.g., 2)
M = Total Repayment Period in months (24)
For example, RM10,000 over 24 months yields a total interest of RM3,600, bringing the total repayment to RM13,600, or RM566.67 per month. This calculation excludes stamp duty and other charges, which may affect your actual monthly repayment.
Since profit is calculated on the full principal amount throughout the entire tenure, the Effective Profit Rate (EPR) is higher than the stated 18% flat rate. The EPR varies depending on your chosen tenure:
- 3 months: 26.80% p.a.
- 6 months: 30.23% p.a.
- 12 months: 31.72% p.a.
- 24 months: 31.46% p.a.
Any fees or charges I should know about?
The following fees may apply:
- Late Penalty Fee: A late payment interest of 8% per annum will be charged on the principal amount, and a separate late payment penalty fee of RM25.00 will also apply if not be paid within seven (7) days of when it is due.
- Stamp Duty: In accordance with the Stamp Act 1949 (Revised 1989)
What are the eligibility criteria in applying for Emicro i-Financing?
To apply for Emicro i-Financing, you must meet the following eligibility criteria:
- Malaysian citizen.
- Aged 21 to 50 years old.
- Salaried employee with a stable source of income.
What documents do I need to apply?
To process your financing application, please prepare the following documents:
- Your IC (front and back)
- A selfie holding your IC (for identity verification)
- Latest salary slip or EPF Statement
- Latest utility bill (electricity, water, maintenance fee, or other acceptable proof of address)
How do I repay my Emicro i-Financing?
There are a few easy ways to repay your financing:
Online banking
Transfer the money to your Emicro bank account and enter your ID number or mobile number as the reference. The next step is to upload the transfer slip to the Emicro web or app.
FPX online banking
Pay via FPX online banking on the Emicro website or app.
ATM transfer
Make the repayment via ATM transfer to the company bank account. After that, upload the transfer slip to the Emicro website or app.
JomPAY
Repay your microloan via JomPAY and upload the slip to the Emicro website or app.
