In IOS, we will connect you to our affiliate partners to obtain the hire purchase for motorcycle easy payment financing with our analysis consultation report.

Thinking of buying the bike of your dreams? We will connect you to our affiliate partners to obtain the hire purchase for motorcycle.  What is Hire Purchase? Hire Purchase is a type of installment credit under which the hire purchaser (called the hirer) agrees to take the goods on hire at a stated rental which is inclusive of the repayment of principal as well as interest with an option to purchase.

PRIVILEGES

Interest 1.5% only
Simple and easy instalment for monthly repayment
Rebate or without interest for early settlement
Blacklist specialist

REQUIREMENT

Malaysian citizen
18 years of age and above
Driving License B
Blacklisted are qualify to apply

DOCUMENT REQUIRED

Latest 3 months pay slip
Latest 2 months of utilities bill
Latest update bank savings account passbook (for the past 3months)
Or latest 3 months current / savings account bank statement for verification purpose
Copy of License B
Copy of NRIC

* Note: IOS reserves the right to request additional documents if necessary

How to Apply?

FAQ

What is Motorcycle Easy Payment?

Motorcycle Easy Payment is a credit facility granted to end consumer for purchasing motorcycle.

What documents do I need to submit ?

We required the following documents:

  • Copy of NRIC
  • Latest 3 months pay slip
  • Valid Motorcycle License
  • Latest update bank savings account passbook (for the past 3months)
  • Or latest 3 months current / savings account bank statement for verification purpose
  • Latest 2 months of electricity or water bill which been paid

*Note: IOS reserves the right to request additional documents from applicant where deemed necessary.

What is the Loan Tenure for Motorcycle Easy Payment Scheme?

Motorcycle Easy Payment Scheme does provide flexi installment tenors from 6, 10, 12,18 to maximum 24 months.
*Note: Depends on qualifications from applicant.

Is it compulsory to have a guarantor in order to get loan approved?

Guarantor provision is not compulsory.

How do I make monthly repayment?

The usual monthly repayment is by auto-debit. Deduction from your salary.

Will my personal information be kept in confidential?

Yes

How long is the approval process?

10 (ten) working days. Subjected to the finance amount. Terms & conditions apply.

What should I do in the event if I lost my Motorcycle?

STEP 1

  1. Lodge a police report on the lost of Motor Vehicles with the nearest police station immediately. (Within 24hours)
  2. To obtain Insurance Claim Form from the relevant Insurance Company.
  3. To fill up the insurance Claim Form completely.
  4. To prepare the following documents:
  • Copy of NRIC
  • Copy of valid motorcycle license
  • Original Copy of Road Tax (if any)
  • Original Copy of Police Report
  • Copy of Vehicle Registration Card (if received)
  • Copy of Insurance Cover Note
  • Copy of Hire Purchase Agreement

STEP2

  1. To submit the above documents (item 3 & 4) to us
  2. To obtain latest outstanding balance account.
  3. To update personal information:
  • Latest address
  • Latest Contact number (Mobile, House & Office)

 

STEP3

  1. To continue servicing the monthly installment as per payment schedule.
  2. To follow up on the insurance claim status with the Insurance Company (at least once a month).
  3. IMPORTANT: Please ensure that we & the Insurance Company have your latest contact numbers in particularly mobile number to update you on any new information.