FRR Plus

Financing Term: 90 to 365 days
Minimum Annual Percentage Rate (APR): 0%
Maximum Annual Percentage Rate (APR): 18%

Financing Calculation Example

Let’s say Janny applies for financing of RM6,500 with a financing tenure of 90 days, which is about 3 months.

Here’s how the financing cost is calculated:

RM6,500 × 90 × 0.05% = RM292.50

Financing Amount: RM6,500
Financing Cost: RM292.50
Total Amount Payable: RM6,792.50
Estimated Monthly Payment: RM6,792.50 ÷ 3 = RM2,264.17

So, Janny’s estimated monthly payment would be RM2,264.17 for 3 months.