Emicro

Emicro Services Sdn. Bhd. is a licensed moneylender registered under the Ministry of Housing and Local Government (Kementerian Perumahan dan Kerajaan Tempatan or also known as KPKT). And we are also certified by Our Shariah Advisors for Tawarruq Emicro i-Financing Financing Products that empower financial services with fintech solutions.
Emicro i-Financing is is an app based financial services platform. With the Emicro app, you can apply for Shariah Concept-based financing anywhere and seamlessly on your smartphone.
Our i-Financing come with minimal document requirements and flexible repayment schemes to give you a peace of mind. All you’ll need is just the app to get started.
With our innovative financing solution, there’s a thousand chances for you to achieve your personal or business needs in the shortest time possible. Try the Emicro app today to experience immediate financial backup, the legal way.
Product Info/Penerangan Produk
1.What is the financing amount and profit rate?/ Apakah jumlah pembiayaan dan kadar keuntungan?
a)Financing Amount (RM)/ Amaun Pembiayaan (RM): RM500 - RM10,000
b)Profit Rate/ Kadar Keuntungan : 1.5% per month
c)Financing Tenure (months)/ Tempoh Pembiayaan : 3 - 24 Months/ Bulan
d)Selling Price/ Harga Jualan : Financing Amount + Total Profit / Jumlah Pembiayaan + Jumlah Keuntungan

2.How to calculate the monthly installment? / Macam mana ansuran bulanan dikira?
A = (P + (P X M X R))/M

A = Monthly Installment Amount/ Jumlah Ansuran Bulanan
P = Financing Amount / Jumlah Pembiayaan
M= Financing Tenure (in months)/Tempoh Pembiayaan (dalam bulan)
R= Profit Rate per month (1.5%) / Kadar Keuntungan Sebulan (1.5%)

Example/ Contoh:
Financing Amount/ Jumlah Pembiayaan: RM3000
Installment Period (Months) / Tempoh Ansuran (Bulan): 12 Months / Bulan
Profit Rate per month (1.5%)

A =( RM3000 + (RM3000 X 12 X 1.5%) )/12

= (RM3000 + (RM540))/12

= RM3540 /12

Monthly Installment Amount/ Jumlah Ansuran Bulanan =RM295

3.What other charges do I have to pay? / Apakah caj-caj lain yang perlu saya bayar?
a)Processing Fee / Yuran Pemprosesan: RM60 - RM 400
i.Maximum fee is RM400 / Yuran maksimum adalah RM400
b)Stamp Duty / Duti Setem: Included in processing fee/ Termasuk dalam yuran pemprosesan
c)Wakalah Fee / Yuran Wakalah: Included in processing fee/ Termasuk dalam yuran pemprosesan

4.What if I fail to fulfill my obligations? / Bagaimana jika saya gagal memenuhi tanggungjawab saya?
Late Payment Rate/ Kadar Bayaran Lewat : 1 % per annum/ 1% Setahun
Late Payment Recovery Services Fee/ Yuran Perkhidmatan Pemulihan pembayaran lewat : RM25 for any payment exceeding the 7th day of each due date/ RM25 untuk bayaran yang melebihi hari ke-7 hari bayaran.

Requirements
Are you eligible for this Emicro i-Financing Program ?

Minimum annual income
RM18000

Minimum age
21 years old

Maximum age
50 years old

Who can Apply
Malaysians
Not be blacklisted by CCRIS & CTOS

WHY USE EMICRO?

- Easy Application: Yo