Product Disclosure Sheet

01What is this product?

An unsecured fixed-rate personal term loan of RM 1,000 to RM 300,000, repaid in equal monthly instalments over 6 to 108 months. It is provided by Amandana Kredit, a moneylender licensed under the Moneylenders Act 1951 (Licence No: B/2023/1234).

02What do I pay?

Interest is fixed for your whole tenure and calculated on the reducing balance — you only pay interest on what you still owe. For example:

• Borrow RM 10,000 over 24 months at 12% p.a.
• Monthly instalment: RM 470.73
• Total payable: RM 11,297.52 (of which RM 1,297.52 is interest)

Your exact rate and instalment are stated in your offer and loan agreement before you sign.

03Fees and charges

• Processing fee: none
• Stamp duty: as prescribed under the Stamp Act 1949, payable on the loan agreement
• Late payment interest: up to 8% p.a. (simple) on overdue instalments, as capped by the Moneylenders Act 1951
• Early settlement fee: none

04What if I can't pay?

Contact us as early as possible — we will work with you on a realistic repayment plan. Late payment interest may apply to overdue amounts, and prolonged default may affect your ability to obtain future credit and, as a last resort, lead to lawful recovery action.

05Can I settle early?

Yes, at any time. You pay only the outstanding balance and interest accrued to date — there is no early settlement penalty, and you save the remaining interest.

06Key reminders

• Borrow within your means — make sure the instalment fits your monthly budget
• Read your loan agreement carefully before signing, and keep a copy
• We never ask for any payment before your loan is disbursed
• You can verify our licence with KPKT at any time