Up to RM10,000(Last updated: 28 August 2026)
What is Tambadana?
Tambadana is a digital financing service provided by Wawasan Cojaya Sdn Bhd (201401047621 (1123810-P)), a KPKT-licensed moneylender (WL6646/14/01-6/301127). It is a fully online financing option designed to make your application process simple, secure and convenient.
Eligible Malaysian customers can apply online through Tambadana’s official website or mobile app, without visiting a physical branch.
What are the loan amounts and what is the interest rate?
You can borrow between RM500 and RM10,000 with the Tambadana Personal Loan and repay it over 3 to 12 months. The interest rate is between 15% and 18% a year, depending on the terms you're offered. 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 Financing Amount (e.g. RM10,000.00)
R = Annual Flat Interest Rate (18% / 0.18)
T = Financing Tenure in years (e.g. 1)
M = Total Repayment Period in months (e.g. 12)
Borrow RM10,000 for the full 12 months at the lowest rate, 15% a year, and you'd pay RM1,500 in interest. That brings your total repayment to RM11,500, or RM958.33 a month. At the higher rate of 18% a year, the same loan would cost RM1,800 in interest instead, for a total of RM11,800, or RM983.33 a month. These numbers don't include the stamp duty or other charges, which will add a bit more to what you actually pay.
Since flat-rate interest is charged on the full principal throughout the tenure, the true annual cost is higher than the stated 15%-18%. Note that the Effective Interest Rate (EIR) changes with tenure, so a different financing tenure will produce a different EIR.
| Tenure | EIR at 15% flat rate | EIR at 18% flat rate |
| 3 months | 22.36% a year | 26.80% a year |
| 6 months | 25.28% a year | 30.23% a year |
| 9 months | 26.24% a year | 31.32% a year |
| 12 months | 26.62% a year | 31.72% a year |
Are there any fees or charges?
Yes, fees and charges may apply depending on your approved product and loan terms. These can include stamp duty, credit report fees, legal or attestation fees, and other service-related charges, all of which will be listed in the Product Disclosure Sheet or loan agreement.
A late penalty fee may apply, limited to compensation for actual loss incurred. Penalty fees on default are restricted under the Moneylenders Act 1951.
Before you apply for or accept any offer, go through all fees, repayment obligations, and terms carefully.
Can I settle my loan early?
Yes, Tambadana allows early settlement at no additional cost, subject to your loan agreement terms. Contact the Service Provider directly to find out the steps involved and confirm any applicable conditions.
Who is eligible to apply for Tambadana?
Tambadana is open to Malaysian citizens aged 21 to 60 with a valid IC and a minimum monthly income of RM1,500. You'll also need to meet the employment and verification requirements set by the service provider.
Do note that meeting the basic criteria doesn't guarantee approval — all applications are subject to assessment.
What document should I prepare to apply for this loan?
To apply, you'll need a valid IC along with any supporting documents requested during the process, typically income or employment-related. The exact documents may vary depending on your profile and verification requirements.
Important note
The information above is for general reference and may change. Always check Tambadana's latest Product Disclosure Sheet, Terms and Conditions, and loan agreement for the most accurate details before applying.
