What is Nimbura Personal Financing?
Nimbura Personal Financing is a short-term online personal financing product by Nimbura Sdn. Bhd., a licensed moneylender under KPKT (Licence No. WL7662/10/01-3/110127, valid until January 2027). You can borrow between RM300 and RM5,000 entirely online with no branch visits, no collateral, and no guarantor or collateral needed. Funds are disbursed directly to your bank account, sometimes within 15 minutes of approval.
What can I use this personal financing for?
You can use it for any legitimate personal need, such as medical bills, education fees, home renovation, a wedding, or small business costs. Nimbura doesn't restrict the purpose, as long as funds are used lawfully.
What are the profit rates?
Nimbura charges a daily interest rate of 0.049%, which works out to 17.89% per annum. Interest is calculated only on the days you actually hold the financing.
For example: A RM2,000 financing over 90 days would accrue RM88.20 in interest (RM2,000 × 90 × 0.049%), bringing total repayment to RM2,088.20, or roughly RM696.07 per month.
What are the fees and charges?
- Stamp duty: 0.5% of the approved financing amount, minimum RM10
- Late payment fee: 0.021% per day (7.67% p.a.) on overdue amount, with a 3-day grace period — capped at the overdue principal
- Early settlement fee: None
- Processing fee: Up to RM200
Can I settle my financing early?
Yes. You can settle the full outstanding amount at any time. No penalty fee applies for early settlement, and you only pay the principal and interest proportionate to the days you used the financing.
How do I make my monthly repayments?
Repayments are made online via Nimbura's website or mobile app. Your repayment schedule, due date, and amount payable will all be shown in your account. If you need more time, you can request a 30-day extension before your due date by logging in and making the applicable payment, and a new agreement will be issued.
What happens if I'm late with my repayment?
A 3-day grace period applies. After that, a late payment fee of 0.021% per day (7.67% p.a.) on the overdue amount kicks in. The total late charges are capped at the overdue principal, so they can never exceed what you originally owed. Persistent non-payment may also result in account restrictions and debt recovery action.
Who is eligible to apply?
- Malaysians with a valid IC
- Aged between 20 and 70 years old
- Active bank account with any Malaysian bank
- Not an undischarged bankrupt
Meeting these criteria doesn't guarantee approval. Nimbura assesses each application individually based on its internal credit and risk criteria.
What documents do I need to prepare?
- Valid IC (identity verification is done via e-KYC)
- Active bank account details for disbursement
The application is fully digital. Additional documents may be requested on a case-by-case basis.
Am I qualified to apply if I'm blacklisted?
Approval is subject to Nimbura's internal assessment and is not guaranteed. Undischarged bankrupts, however, are not eligible.
