Malayan Savings Bank
About Malayan Savings Bank
Financing for new or second-hand motorcycles, covering up to 80% of the unit’s value.
Motorcycle Loan
Loan amount80% of value
Term12–36 months
Interest rateFrom 12% per annum
Minimum requirements
- Provide at least 20% equity for the selected motorcycle.
Documents
- Valid government ID, billing statement and completed application.
- Employees: three months of payslips and certificate of employment.
- Business owners: business registration, two years of ITRs and six months of bank statements.
Repayment and costs
- No prepayment penalty is advertised. The published annual starting rate does not establish an add-on or reducing-balance calculation.
If you cannot repay on time
Contact Malayan Savings Bank before the payment date with your loan reference, the reason for the shortfall and a realistic payment proposal. Ask which assistance options apply to your account and request the revised dates, charges and total payable in writing. Continue using the agreed schedule until the company confirms a change.
Repayment help