{"id":1728,"date":"2026-09-18T10:16:28","date_gmt":"2026-09-18T10:16:28","guid":{"rendered":"https:\/\/www.nimbura.my\/?post_type=services&p=1728"},"modified":"2026-09-18T10:33:25","modified_gmt":"2026-09-18T10:33:25","slug":"installment-loan","status":"publish","type":"services","link":"https:\/\/www.nimbura.my\/en\/services\/installment-loan\/","title":{"rendered":"Installment Loan"},"content":{"rendered":"
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For existing Nimbura customers<\/p>

Repay in 3 monthly installments<\/p>

Borrow up to RM5,000 and repay it over a fixed 3-month term in approximately equal monthly installments, instead of one lump-sum repayment. You choose your first payment date when you apply, so it can match your payday.<\/p>
Log in to your account<\/a><\/td><\/tr><\/table><\/td><\/tr><\/table>\n\n
RM5,000<\/span>
maximum amount, based on your customer profile<\/span><\/td>		 <\/td>3 months<\/span>
fixed tenure, 3 monthly installments<\/span><\/td><\/tr>
 <\/td><\/tr>
18% p.a.<\/span>
interest rate, same as the Single Loan<\/span><\/td>		 <\/td>Your date<\/span>
you choose your first payment date<\/span><\/td><\/tr><\/table>\n\n

What is the Nimbura Installment Loan?<\/h2>\n\n

The Installment Loan (Pinjaman Ansuran) is a new Nimbura product offered alongside the Single Loan (Pinjaman Ringkas). With the Single Loan, you repay the full amount within 30 days. With the Installment Loan, you repay over a fixed 3-month term in approximately equal monthly installments.<\/p>\n\n

The interest rate is the same for both products: 18% per annum. You can also settle an Installment Loan early and pay only the interest accrued to date.<\/p>\n\n

How it works<\/h2>\n\n
1<\/span><\/td>Apply for the Installment Loan<\/strong>
The amount available to you, up to RM5,000, depends on your customer profile.<\/span><\/td><\/tr><\/table><\/td><\/tr>
2<\/span><\/td>Choose your first payment date<\/strong>
Pick the date during your application, for example one that matches your payday. Future installments then fall one month apart automatically.<\/span><\/td><\/tr><\/table><\/td><\/tr>
3<\/span><\/td>Repay in 3 monthly installments<\/strong>
The installments are approximately equal. The last one may differ by 1 to 2 sen due to rounding.<\/span><\/td><\/tr><\/table><\/td><\/tr><\/table>\n\n

Repayments that follow your payday<\/p>

With the Single Loan there is one due date. With the Installment Loan, you choose your first payment date when you apply, for example the 27th if you are paid on the 25th. Please note: the date is locked once the loan is approved, and future installments then fall one month apart automatically.<\/p><\/td><\/tr><\/table>\n\n

How much will I pay each month?<\/h2>\n\n

Illustrative examples at 18% per annum over 3 months. Actual amounts depend on your loan amount and payment dates.<\/p>\n\n
Loan amount<\/td>Monthly installment<\/td>Total interest<\/td>Total repayable<\/td><\/tr>
RM1,000<\/td>RM343.38<\/strong><\/td>RM30.14<\/td>RM1,030.14<\/td><\/tr>
RM3,000<\/td>RM1,030.15<\/strong><\/td>RM90.44<\/td>RM3,090.44<\/td><\/tr>
RM5,000<\/td>RM1,716.91<\/strong><\/td>RM150.74<\/td>RM5,150.74<\/td><\/tr><\/table>\n\n

Figures are for illustration only. The final installment may differ by 1 to 2 sen due to rounding.<\/p>\n\n

Single Loan or Installment Loan?<\/h2>\n\n
<\/td>Single Loan
Pinjaman Ringkas<\/span><\/td>		Installment Loan
Pinjaman Ansuran<\/span><\/td><\/tr>
Repayment structure<\/td>Repaid in full within 30 days<\/td>Repaid over 3 months in approximately equal monthly installments (the last installment may differ by 1 to 2 sen due to rounding)<\/td><\/tr>
Tenure<\/td>30 days, with the option to extend via Pay Later<\/td>Fixed 3-month tenure<\/td><\/tr>
Eligibility<\/td>New and existing customers<\/td>Existing and repeat customers only, based on customer profile<\/td><\/tr>
Extend or postpone repayment<\/td>Yes, via Pay Later, up to 3 times<\/td>No, Pay Later is not available<\/td><\/tr>
Maximum loan amount<\/td>Up to RM5,000, based on customer profile<\/td>Up to RM5,000, based on customer profile<\/td><\/tr>
Interest rate<\/td>18% per annum<\/td>18% per annum<\/td><\/tr>
Early settlement<\/td>Yes, pay only interest accrued to date<\/td>Yes, pay only interest accrued to date<\/td><\/tr>
Choosing payment date<\/td>Not applicable (single due date)<\/td>You select your first payment date during the application. It is locked once the loan is approved, and future installments fall one month apart automatically.<\/td><\/tr>
Hold both loan types at once<\/td>No, only one loan type can be active at a time<\/td>No, only one loan type can be active at a time<\/td><\/tr><\/table>\n\n

New to Nimbura?<\/p>

The Installment Loan is available to existing and repeat customers only, based on customer profile. If you are new to Nimbura, you can start with a Single Loan of up to RM5,000 using the application form on this page.<\/p><\/td><\/tr><\/table>\n\n

Good to know before you apply<\/h2>\n\n