instaDuit Personal Loan

An unsecured personal loan that offers a seamless online application and fast approval. Suitable for those looking for a hassle-free and less documentation type of loan. No collateral is required!

instaDuit Personal LoanFast Approval
Interest Rate
From 18% p.a.
up to RM10k
up to 4 years
Loan Type
Unsecured Loan
Min. Income

Loan calculator

Interest rates

Based on your loan amount & loan period, the interest rates are as low as the following

You borrowLoan periodYour IncomeInterest rate
RM1,000 - RM10,00012 to 48 monthsmin. RM18,00018% p.a.

Fees & Charges

Interest Rate / APR
As low as 18% p.a.,depending on loan amount and period
Processing Fee
As per Loan Agreement
Stamp Duty
 0.5%  of the whole amount
Early Termination Fee
Please refer to the 'More Information' section below under 'Loan Pre-Payment Fee'
Late Penalty Fee
 8%  from current outstanding amount


Minimum Annual Income
Minimum Age
  • 21 to 55 years old
Who can apply
  • Malaysians
  • Salaried employee
  • 21 to 55 years of age
  • Minimum salary of RM1,500
  • Working in Kuala Lumpur, Selangor and Putrajaya
  • Not declared bankrupt
  • Not under AKPK's debt management program

More Information

What is an instaDuit loan?

Offered by BB Capital Sdn Bhd, instaDuit is a licensed loan provider registered under the Ministry of Local Government Development of Malaysia better known as KPKT with a registration number of WL6540/10/01-4/151122.

Why should I choose instaDuit Personal Loan?

Sometimes people don’t want to deal with conventional banks to apply for a personal loan, not with all the strict requirements and plenty of documentation processes which aren’t feasible if you need quick financing. However, with instaDuit, you will enjoy these benefits:

  • Safe

instaDuit’s loans come with fixed monthly instalments and no hidden fees, so you know exactly what you're paying for every month.

  • Simple

Thanks to instaDuit’s use of Machine Learning and AI, instaDuit has minimised the form-filling process and requires less documentation to process and approve your loan.

  • Speedy

Get your loan approved and disbursed in as little as 1 to 2 days.

If you're seeking financing for your goals, you can consider applying for an instaDuit loan — especially if you're looking to apply for anything amounting to RM10,000 or less. Safe to say that applying for quick loans isn’t a dream anymore with instaDuit Personal Loan.

How much can I borrow and how long is the tenure?

The minimum loan amount you can borrow with instaDuit is as low as RM1,000 and the maximum loan amount is RM10,000. The loan tenure, on the other hand, instaDuit offers from 12 months up to 48 months or four years.

This is one of the key features of instaDuit. You can borrow just enough money to organise your needs for a shorter period. This way, you will be able to manage your finances better without prolonging the loan unnecessarily.

What is the interest rate of an instaDuit Personal Loan?

At the time of writing this instaDuit review, the interest rate of this personal loan is as low as 12% per annum with collateral and up to 18% per annum without collateral — which means that you don’t have to put any of your assets as security against loan default events.

However, if you miss paying the agreed monthly repayments, a late penalty fee of 8% per annum will be charged to the outstanding amount. Hence, you as the borrower need to honour the agreement you initially made to avoid paying more than you should.

Are there any fees or charges I need to pay?

Yes, there are statutory charges that you need to pay such as legal and stamp duty fees. However, this is only applicable once your loan is approved and you have agreed to sign up for the loan.

Am I eligible to apply for an instaDuit Personal Loan?

Any Malaysian between 21 and 55 years of age is eligible to apply for instaDuit Personal Loan. You also must be earning a basic monthly income of RM1,500 or RM18,000 annually and working in Kuala Lumpur, Selangor or Putrajaya to be eligible.

Other eligibility criteria are as follows:

  • Not declared bankrupt
  • Not under AKPK's debt management program

What do I need to prepare before applying?

Ready to hit the Apply button above? Let’s get you started. Below are some of the things you should prepare beforehand to ensure a smooth application journey.

  • A photo/selfie of yourself (to ensure you are who you say you are)
  • Your IC (front and back)
  • Your latest 3 months' salary slips
  • A picture of your office (as proof of your income and employment)
  • Latest EPF statement
  • Latest 3 months’ bank statement

What are the documents required to apply for this quick loan?

Please prepare the following documents before you apply for instaDuit. Once you have them ready, you can click the Apply Now button above and complete your application online. We promise it won’t take much of your time.

  • Copy of your IC (front and back)
  • Latest 3 months' salary slips
  • Latest 3 months' bank statement of your salary crediting account
  • Latest EPF statement
  • Utility bill (electricity bill, water bill etc)

Loan Pre-Payment Fee

This fee shall be imposed on you as per the Loan Agreement with instaDuit.

How can I start paying my instaDuit loan repayment?

You can repay your loan in several ways such as the following.

  • Internet banking: Instant Transfer or Interbank GIRO (IBG)
  • DuitNow
  • Cash deposit
  • MEPS ATM fund transfer
Search Icon

Get the financial support you need


We’ll guide you through your application for this financial product