Things to keep in mind when applying for Touch ‘n Go eWallet’s GOPinjam electronic personal loan.
GOPinjam is an electronic personal loan service launched by Touch ‘n Go eWallet in cooperation with CIMB. Through the GOPinjam personal loan service, users will be able to borrow up to RM10,000 for a period of 1 week to 12 months, and the interest rate of GOPinjam loan is 8% to 36%!
It is worth mentioning that the interest rate for each user will be different and GOPinjam will determine the interest rate based on the loan amount applied and the loan term. The amount of loans available to each user will also vary, depending on the user’s income.
Here is what you need to know when applying for GOPinjam.
1. Personal loans from RM100 to RM10,000 are available. 2.
2. The repayment period of the loan is from 1 week to 52 weeks (12 months). 3.
3. The interest rate of the personal loan is 8% to 36%. 4.
4. The applicant must be between 21 and 63 years of age. 5.
5. The applicant must have a monthly income of at least RM800. 6.
6. 3 documents (1 month pay slip, 3 months CPF statement and tax return) must be submitted at the time of application.
7. Each user can apply for multiple loans and the total loan approval cannot exceed RM10,000.
8. 1% interest will be levied on defaulted loans.
9. GOPinjam will disburse the loan through TNG e-wallet or CIMB bank account.
10. Application will be made by taking a photograph of your Damascus card and a selfie for identity verification process.
