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GM LOAN

Apply loan online and easily.

Regulated by KPKT

Online Application

Transparent Fees

About Us.

GM Loan operates as a fully licensed entity under the Ministry of Housing and Local Government (KPKT). We are dedicated to helping clients address their financial challenges legally. Our expertise lies in unconventional financing solutions, meticulously tailored to suit each client’s unique financial circumstances.

Glamour Mortgage & Loan Sdn. Bhd. (202001006914 / 1363234-T), our affiliated company, holds the distinction of being an approved pioneer ‘Credit Community’ provider under KPKT. With over a decade of experience in the financial sector, we take pride in serving clients throughout Malaysia by continuously improving our range of financial products.

In response to evolving market dynamics, we’ve recently ventured into digital lending. Our automated digital process covers every aspect of online-financing, from onboarding to disbursement and repayment, ensuring a streamlined and efficient experience for our clients.

Company Office

Eligibility.

To apply for a loan with GM Loan, applicants must meet specific eligibility criteria. Firstly, eligibility is limited to Malaysian citizens. Secondly, applicants must be at least 18 years old or older. Lastly, we require a minimum loan amount of RM1,000.

Malaysians, 18 years old +

Min Loan Amount of RM1,000

Required Documents.

If you are a salaried employee, kindly prepare the following documents for GM Loan application.

– Selfie while holding your identity card.
– Original identity card (Front & back).
– Latest 3 months payslips.
– Latest 3 months bank statements.
– Proof of residential (Utility bill).
– Latest tax declaration form or Employees Provident Fund’s (EPF) statement.

If you are self-employed, kindly prepare the following documents.

– Selfie while holding your identity card.
– Original identity card (Front & back).
– Latest 6 months bank statements & proof of income.
– Proof of residential (Utility bill).
– Latest tax declaration form or Employees Provident Fund’s (EPF) statement.

Required documents for online loan applications.
How to apply loan online.

How to apply.

  1. Visit App Store or Google Play Store to download the GM Loan mobile app. You can also download here.

  2. Proceed to sign up and create a new account with your phone number and personal information.

  3. Perform an e-KYC account verification.

  4. Fill in your loan amount and tenure.

  5. Fill in required information and submit relevant documents.

  6. Click to confirm that you are accepting our loan offer.

  7. Perform an online attestation recording via pre-record attestator video or live meeting.

  8. Sign the loan agreement digitally.
How to apply loan online.

Fees & Charges.

ADMIN FEE

RM 50

Admin Fee

STAMPING FEE

0.5%

of Loan Amount

INTEREST RATE

12-18%

Subject to approval

WAKALAH FEE

RM 10

Wakalah Fee
fees and charges
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Summary

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Frequently asked questions FAQ

FAQ

The processing time for your application typically ranges from 2 hours to 5 working days, contingent upon the receipt of all required documents and successful verification, which may involve contacting your office and emergency contact person. Please note that processing times may extend further based on the verification process.

We will notify you through the GM Loan app if your application is not successful.

The loan term can range from a minimum of 6 months to a maximum of five (5) years, equivalent to 60 months.

Frequently asked questions FAQ

Want to know more?

customer support