Emicro i-Financing

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 is a financing company licensed 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 profit rate of 18% per annum (equivalent to 1.5% per month), calculated based on the approved financing amount and payable according to the agreed financing schedule.

Any fees or charges I should know about?

The following fees may apply:

• Late Penalty Fee: A late penalty fee may apply, limited to compensation for actual loss incurred. Penalty fees on default are restricted under the Moneylenders Act 1951.
• Other Applicable Charges: Any applicable fees or charges will be disclosed before you accept the financing facility.

Please refer to the Product Disclosure Sheet and Financing Agreement for full details of the applicable terms, fees, and charges.

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.