AEON i-CASH Personal Financing Overview

Profit Rates
The profit rates on your loan will vary depending on the financing amount and the repayment period. The rates start from:

Fees & Charges

• Profit Rate / APR: Starting at 7.92% p.a., depending on the loan amount and duration.
• Processing Fee: Ranges from 2% to 4% of the loan amount, with a cap of RM400.
• Stamp Duty: As per the Stamp Act 1949 (Revised 1989).
• Early Termination Fee: No charges for early repayment.
• Late Payment Fee: 1% of the outstanding balance.

Eligibility Requirements

• Minimum Annual Income: RM18,000.
• Age Range: 18 to 65 years old.
• Eligible Applicants: Malaysian citizens, including salaried employees, self-employed individuals, and government workers.

AEON i-CASH Personal Financing – Your Solution for Financial Flexibility

Need extra funds for children’s education, medical bills, a dream holiday, or home improvements? AEON i-CASH Personal Financing offers an ideal solution with flexible, low-cost financing options to bridge any financial gap.

About AEON i-CASH Personal Financing
This unsecured Islamic financing offers a high financing limit and competitive profit rates. With Shariah compliance, AEON i-CASH requires no security deposit or guarantor. You can apply for loans between RM1,000 to RM100,000 with flexible repayment options ranging from 6 to 84 months.

Who Can Apply?

AEON i-CASH Personal Financing is available to Malaysian citizens who meet the following criteria:

• Minimum monthly income of RM1,500.
• Salaried employees, self-employed individuals, and government employees are eligible.

How Fast Can I Get My Money?

• Instant Access: If you choose to disburse the funds to your AEON Member Plus Visa Card, you can access the financing immediately.
• Bank Account Transfer: Alternatively, you can transfer the approved amount to your Current/Savings Account, which will take approximately 1 to 3 days.

The entire application process is digital, making it quick and convenient. Once your application is approved, you’ll need to e-sign the Sales & Purchase Agreement or visit a nearby AEON Credit branch before withdrawing the funds.

How to Repay Your Loan?

Repayments are made based on the terms outlined in your agreement. You can pay through various channels, including internet banking, bank kiosks, AEON Wallet, or cheque payment at AEON Credit Service Centers.

Important: A late penalty fee of 1% per annum applies on overdue payments, calculated from the due date until full repayment or the judgment date (whichever comes first).

Costs of AEON i-CASH Personal Financing

• Processing Fee:
  • 4% for loans below RM10,000.
  • 2% for loans between RM10,001 and RM100,000 (capped at RM400).
• Wakalah Fee: RM10.80 (inclusive of 8% SST).

Can I Pay Off My Loan Early?

Yes, you can settle your loan early without any penalties. There are no extra charges for early repayment.

Required Documents for Application

To apply for AEON i-CASH Personal Financing, you must be a Malaysian citizen aged 18 and above with a minimum income of RM1,500 per month. Here are the documents you’ll need to provide:

• Salaried Employees:
  • Copy of your IC (front and back).
  • Latest 1-month payslip or EPF statement.
• Self-Employed Applicants:
  • Copy of your IC (front and back).
  • Business Registration Certificate (ROC and ROB).
  • Additional supporting documents (e.g., company bank statements, updated BE/E Form, or tax payment receipt).