Interest Rates and Fees
RATES AND FEES
Fair rates. Simple fees.
Discover the friendliest breakdown of our personal loan rates and fees! We've simplified everything into a clear and easy-to-understand structure, so you'll know exactly what to expect without any confusion.
overview
Fixed interest rates
Twelve to eighteen percent per annum (12%-18% p.a.)
One-off Establishment fee
This fee varies from RM200 to RM900
Commitment Fee
RM10 per month, tied to the loan tenure
Attestation fee and Stamp Duty
RM50 + 0.50% of full loan value
Rest assured, all fees are included in the loan amount, making repayment effortless over time.
Interest rates
This guide breaks down interest rates and fees in a breeze, empowering you to make savvy decisions like a pro.
Fixed interest rates
Experience financial flexibility with our tailored fixed interest rates ranging from a competitive 12% p.a. to a maximum of 18% p.a.
We know everyone's financial journey is unique. That's why we don't do one-size-fits-all. We'll take a close look at your situation and handcraft a rate that fits you like a glove. No cookie-cutter deals here—just personalized terms that match YOUR needs. It's all about YOU at LSD Prestamo. Let's make financial decisions as unique as you are!
Loan Fees Made Simple
One-off Establishment fee
At LSD Prestamo, we introduce a singular initiation charge spanning from RM200 to RM900 for loans between RM1,000 and RM10,000. This fee seamlessly merges with your approved loan sum, sparing you any out-of-pocket expenses. It's distributed over the repayment tenure, ensuring a hassle-free borrowing experience.
Commitment fee
A commitment fee of RM10 per month tied to the loan tenure means you'll pay RM10 every month for the entire duration of your loan. It's like a small monthly charge to ensure you stick to the loan agreement.
RM0 early repayment fee
We're all about flexibility! No early repayment fees here, so you can pay off your loan whenever suits you best. It's your call, and you won't be penalized for it. Keep those regular repayments going, and the only fee you'll see is that one-time Establishment fee. Keeping it simple, just the way you like it!
Attestation fee
For just RM50, we verify your documents to make sure they're legal and authentic, giving everyone involved peace of mind.
Stamp Duty
Upon signing the loan agreement, a flat rate of 0.5% is applied to the full value of the loan as per the Stamp Act 1949 (revised 1989).
Cancellation
If you decide to cancel the loan after it's been approved, just a heads up that LSD Prestamo won't charge you any fees for the cancellation process.
Default fees
Legal fees
In the event that enforcement action becomes necessary against a borrower, it is essential to clarify that all associated legal and third-party expenses incurred will be directly billed to the borrower's account. This means that any costs arising from legal proceedings, such as attorney fees, court fees, or expenses related to third-party services, will be charged directly to the borrower.
Late Payment Fee
Any outstanding instalment amount will be subject to a late payment fee of 8.0% per annum or a minimum of RM25.00, whichever is higher, or as specified by LSD Prestamo periodically.
Don't stress! Reach out to our Collections team anytime. We're all about supporting you. Let's chat about your situation before any extra charges sneak up. Your well-being is our top priority—count on us to have your back!
Direct Debit Dishonour Fee
In case a payment is missed or returned unpaid or for any other reason, a fee of RM35.00 direct debit dishonor may be charged to cover the extra administrative costs of reprocessing the payment. The fee will be due with the following payment. You must still continue to pay the usual interest charges as described.
Am I eligible for a Quick Cash Loan?
At LSD Prestamo, we keep things nice and simple. As long as you meet these four criteria, you can apply for a loan.
Be over 18 years old
Employed for at least 3 months
Must be a Malaysian or MyPR
Own a vehicle registered in your name
How we make loans happen in 30 Mins – 6 hours*?
Get your loan in just 4 easy steps, designed for speed, flexibility, and a friendly experience
Start My Quote
Get a Quick Quote and see how likely you are to be accepted for a loan.
Meet Our Team
We can provide you with great help in dealing with debts.
Quick Decision
Our Credit Team takes a flexible approach to loan offers.
Get Funding
We can help you save time securing business or personal funding.
Free to Apply • No Upfront fees • Same Day Approval
Empowering Dreams, One Loan at a Time.
Get a quoteWant to chat to someone?
Chats on WhatsApp or fill out the contact form to get in touch with a LSD Prestamo specialist
| Terms and Conditions | |
|---|---|
|
Loans Terms |
LSD Prestamo offers interest rates subject to availability and approval, tailored to each borrower's unique credit assessment determined by LSD Prestamo's proprietary credit scoring system. |
|
Approval |
To gain approval, one must align with LSD Prestamo's credit criteria and adhere to responsible lending standards. Various fees, charges, as well as terms and conditions are applicable. |
|
Speed of approval |
Speed of approval is conditional on receipt of all requested relevant documents or information. |
|
Establishment Fee |
The establishment fee is added to the loan amount paid over the duration of the loan. More info, see our rates and fees page. |
|
Cancellation |
An incomplete application will automatically be canceled within 7 working days from the date of application. |
|
Disclaimer |
Our loan calculator offers an estimation based on the provided example data. Actual loan terms, rates, fees, and repayments may vary upon individual credit assessment. Please refer to our Interest rates and fees for specific details. It's important to note that this is not an offer, and all applications are subject to terms and conditions, approval, and funding availability. |
|
Terms of Use |
These websites, lsdprestamo.com or lsdprestamo.com.my, are owned by LSD Prestamo Sdn. Bhd. Malaysia Kredit Komuniti (KK) License Number: WL7419. By accessing, viewing or otherwise using this website, you acknowledge and agree to be subject to the following Terms and Conditions of Use, the Privacy Policy and any other notices, disclaimers and other terms and conditions or other statements contained on this website as amended or modified from time to time. |
|
Complaint |
Any statements conflicting with Act 400, confusing, or containing false information regarding this advertisement can be reported as a complaint via the Integrated Complaint System of the Ministry of Housing and Local Government at https://aduan.kpkt.gov.my. |
