JCL Personal Loan

Get cash right when you need it! Enjoy higher margin of financing with 0% interest for the first month, longer borrowing period and super fast approval.

JCL Personal LoanFast Approval!
Interest Rate
from 12% p.a.
up to RM50k
up to 5 years
Loan Type
Unsecured Loan
Min. Income

Loan calculator

Interest rates

How much the bank charges you based on your loan amount & loan period

You borrowLoan periodYour incomeInterest Rate
RM500 - RM50,00012 to 60 monthsmin. RM12,00012% p.a. - 18% p.a.

Fees & Charges

Interest Rate / APR
As low as 12% p.a., depending on loan amount and period
Processing Fee
Stamp Duty
 0.5%  of the whole amount
Early Termination Fee
Late Penalty Fee
 8%  from current outstanding amount


Minimum Annual Income
Minimum Age
  • 18 to 60 years old
Who can apply
  • Malaysians
  • Klang Valley only

More Information

What is this product about?

Obviously, it is a personal loan that offers borrowing as low as RM500, up to RM50,000 at interest rates ranging from 12% p.a. (with collateral) to 18% p.a. (without collateral) for a period of maximum 5 years.

On top of that, JCL Credit Leasing will waive your first month interest payment once your loan application is approved. It is not a typical personal loan product you can find in the market, which normally comes with strict lending requirements and varied underlying fees and charges. 

Chances are big for those disfavored by the mainstream lenders too as JCL Personal Loan provides simple and quick access to credit lifeline with FAST turnaround time.

How fast can I get my money?

Depending on your eligibility criteria and JCL Credit Leasing's underwriting requirements, your loan application can potentially be approved at least 1 day and disbursed in 5 working days.

Are there fees and charges I should be aware of?

Yes, there are. While JCL Personal Loan does not charge processing fee at the point of application, as well as exit fee for settling the loan before maturity, you need to pay Government Stamp Duty of 0.5% of the borrowed amount. 

A word of caution (you may want to pay extra attention on this one), you can be slapped with a steep late penalty fee of 8% p.a. of the outstanding amount should you missed your instalment payment - that is surefire going to hurt your wallet if you are not disciplined.

Who can apply and what are the requirements of this personal loan?

Any individuals in the Klang Valley with Malaysian identity card aged between 18 to 60 years can apply for this personal loan. It is so affordable that you only need to have a minimum monthly income of RM1,000 to qualify for borrowing. 

All you need to prepare is:

  • Original MyKad
  • Copy of latest 3-months salary slip
  • Copy of latest 3-months bank statement
  • Copy of latest EPF / BE form 
  • Utility bills (Electricity/Water/Maintenance/etc)

Can I trust this service?

JCL Credit Leasing is a licensed credit leasing company that has been in Malaysia for more than 10 years, with reliable office, website, social media presence and customer base. Google up if you're willing to give yourself a benefit of doubt.