instaDuit Personal Loan

Pay Profit Rate Max. Financing Amount Total payment
RM 933 / mth 12.00% p.a. RM 10,000 RM 11,200
1.7
1.7 out of 5 stars (based on 9 reviews)
Excellent11%
Very good0%
Average11%
Poor0%
Terrible78%

No Title

December 15, 2024

They informed that my loan has been approved and arrange for the appointment and preparation of hard documents, only afterwards they did the staff verification and determined that my employment tenure does not fit the requirement (short by 10 days), deeply disssapointed by their customer services, advisors & company policies, but it has been rectified and the loan has been approved after I sorted the issue with them.

Avatar for Kelvin.L
Kelvin.L

No Title

December 15, 2024

Scammer. Already report to Cyber Crime Alert Royal Malaysia Police. Beware people.

Avatar for UMI NAZALIA KHARUDDIN
UMI NAZALIA KHARUDDIN

No Title

December 15, 2024

Careful with this company . Worst than along . Workers not professional . Jangan pinjam dari company ini .

Avatar for Rossy 7
Rossy 7

No Title

December 15, 2024

For those who are still waiting for the loan just give up they only choose based on credit score and yes without good credit score you can say bye bye to your loan and to make it worse they will email you but you won’t even notice it since the email is in spam. Not a reliable place to loan money but if you’re desperate good luck to you

Avatar for Kuga Kukoto
Kuga Kukoto

No Title

December 5, 2024

Professionalism??? Seriously WTF!!! Changing the interest rate after 2 months and changing the due date all the whatsapp message. feeling like scam!!!

Avatar for Lai
Lai

No Title

December 5, 2024

Scammer ke nama company BB capital jugak mintak deposit banyak sangat dan tak habis2 sampai mase nak bank in duit pun dia mintak lagi deposit nak pinjam 3k je tapi kena bayar lebih dari tu. How i want to get back my money ?

Avatar for Azura azlan
Azura azlan

No Title

December 5, 2024

Mintak sijil ssm tp xnk bg. Mntak lesen cmpny. Dy xnk bg. Ckp xleh tunjuk ke sebarang orang. Bila mntk ssm. Dy bg y bodo2 je. Xd cop ssm lgsg. Pastu mntk legal fee tggi gila baru dpt duit loan. Mmg xlaaaa.

Avatar for wawa Zainuddin
wawa Zainuddin

No Title

December 5, 2024

Very fast and efficient .. only took 1 day to approved and get the money . The payment is also affordable . Very highly suggested to try this .

Avatar for Hanna syakyla
Hanna syakyla

No Title

December 5, 2024

slow service!!! I tak paham kenapa ramai cakap fast, cepat pantas?? aku nk mohon punya lembab, staff ws sehari sepatah, bila dh reply ws, esoknya baru dia reply sepatah, pastu esoknya sepatah lagi..isu form dalam website pulak ada masalah nk submit document.

Avatar for syawal
syawal

instaDuit Personal Loan :

instaDuit offers an unsecured personal loan designed for individuals seeking quick financing with a simple application process and minimal documentation. The loan does not require any collateral and is processed quickly, making it ideal for those who need funds urgently.


Key Features

Feature Details
Interest Rate From 18% p.a. (Depending on loan amount and tenure)
Loan Amount Minimum: RM1,000
Maximum: RM10,000
Loan Tenure 12 to 48 months (up to 4 years)
Approval Duration 1-2 days
Monthly Repayment (for RM10,000) RM566.67 (over 2 years at 18% p.a.)
Late Penalty Fee 8% of the current outstanding amount per annum
Processing Fee As per loan agreement
Stamp Duty 0.5% of the loan amount

Eligibility Criteria

  • Age: 21 to 55 years old
  • Minimum Monthly Income: RM1,500 (RM18,000 annually)
  • Location: Must be working in Kuala Lumpur, Selangor, or Putrajaya
  • Other Criteria:
    • Must not be declared bankrupt
    • Must not be under AKPK’s debt management program

Loan Features

  • Fixed Monthly Installments: No hidden fees, making it transparent and predictable.
  • Quick Processing: Thanks to AI and Machine Learning, the loan approval process is fast with minimal documentation.
  • No Collateral Required: The loan is unsecured, so you don’t need to pledge any assets.
  • Loan Flexibility: You can borrow between RM1,000 and RM10,000 and select a repayment period ranging from 12 months to 48 months.

Fees and Charges

Fee Amount
Processing Fee As per the Loan Agreement
Stamp Duty 0.5% of the loan amount
Late Payment Penalty 8% of the outstanding loan amount per annum

Required Documents for Application

  • IC (front and back)
  • Latest 3 months’ salary slips
  • Latest 3 months’ bank statement (salary crediting account)
  • Latest EPF statement
  • Utility bill (to prove residence)
  • A selfie (for identity verification)
  • Picture of your office (for employment verification)

Repayment Methods

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

Summary

instaDuit Personal Loan is perfect for individuals seeking a fast, unsecured loan with a minimal documentation process. Offering competitive interest rates from 18% p.a., this loan is ideal for those who need between RM1,000 and RM10,000, with flexible tenures ranging from 12 to 48 months. However, note that the late payment fee can be steep at 8% per annum on the outstanding balance. This loan is processed quickly, making it a great option for those in need of urgent funds.