TNG eWallet Users Can Now Apply For GXBank Loans Of Up To RM150,000
TNG eWallet users now have more options when seeking loan services on the platform. TNG Digital, the app’s operator, has announced a partnership with GXBank. Through this collaboration, the digital bank’s FlexiCredit offering has been integrated with the platform’s CashLoan feature, allowing for better access to regulated financing. According to the company, this move aims […] The post TNG…
TNG eWallet users can now apply for GXBank loans up to RM150,000, thanks to a new partnership between the digital wallet and the digital bank. TNG Digital, the operator of the app, has integrated GXBank's FlexiCredit offering into its CashLoan feature. This collaboration aims to make it easier for Malaysians, especially those with limited credit history, to access regulated financing.
Unlike traditional loans, FlexiCredit operates as a revolving line of credit, allowing users to borrow and repay as needed without reapplying. The maximum loan amount is RM150,000, with repayment periods ranging from six to 60 months and competitive flat interest rates starting at 3.78% p.a. (EIR 6.45% p.a.). To qualify, applicants must be Malaysian citizens aged 18 to 64, with a minimum monthly income of RM1,500. The feature is available in the Gofinance section of the TNG eWallet app.
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