Tambadana Personal Loan
Get fully online financing of up to RM10,000 with interest rate from 15% p.a. and no early settlement fee. Apply with just your IC.
Calculate your monthly repayment
Fees and Charges
Comparing and applying through CompareHero is free. Any fees, charges, interest rates, and final loan terms are set by the licensed lender.
Eligibility
- Salaried employee
- Self-employed
- Commission earner
- A copy of your IC (both sides)
- A copy of your IC (both sides)
Loan Repayment Table
| Financing Amount | Financing Tenure | Min. Income | Interest Rate |
|---|---|---|---|
| RM 500 - RM 10,000 | 3 - 12 months | min. RM 18,000 | 15.00% p.a. - 18.00% p.a. |
Features
Fast and secure loan application, available 24/7
Fixed interest rate up to 18% per annum
Early settlement is allowed with no additional cost
Make an application only with your valid IC
No guarantor or collateral is required
Product Review by CompareHero
(Last updated: 28 August 2026)
What is the Tambadana Personal Loan?
Tambadana is an online personal loan offered by Wawasan Cojaya Sdn Bhd (201401047621 (1123810-P)), licensed under Malaysia's Ministry of Housing and Local Government (KPKT License No. WL6646/14/01-6/301127).
How much can I borrow, and what is the interest rate?
You can borrow between RM500 and RM10,000 with the Tambadana Personal Loan and repay it over 3 to 12 months. The interest rate is between 15% and 18% a year, depending on the terms you're offered. This means interest is calculated on the full principal for the entire loan period, not on the decreasing balance as you make repayments.
Formula: I = (P + P×R×T)/M
Where:
P = Principal Financing Amount (e.g. RM10,000.00)
R = Annual Flat Interest Rate (18% / 0.18)
T = Financing Tenure in years (e.g. 1)
M = Total Repayment Period in months (e.g. 12)
Borrow RM10,000 for the full 12 months at the lowest rate, 15% a year, and you'd pay RM1,500 in interest. That brings your total repayment to RM11,500, or RM958.33 a month. At the higher rate of 18% a year, the same loan would cost RM1,800 in interest instead, for a total of RM11,800, or RM983.33 a month. These numbers don't include the stamp duty or other charges, which will add a bit more to what you actually pay.
Since flat-rate interest is charged on the full principal throughout the tenure, the true annual cost is higher than the stated 15%-18%. Note that the Effective Interest Rate (EIR) changes with tenure, so a different financing tenure will produce a different EIR.
| Tenure | EIR at 15% flat rate | EIR at 18% flat rate |
| 3 months | 22.36% a year | 26.80% a year |
| 6 months | 25.28% a year | 30.23% a year |
| 9 months | 26.24% a year | 31.32% a year |
| 12 months | 26.62% a year | 31.72% a year |
Who is eligible to apply?
You must be a Malaysian citizen aged between 21 and 60 with a valid IC, earning a minimum of RM1,500 per month as a permanent employee. No guarantor or collateral is required.
What documents do I need?
Only your IC is required to apply. However, additional documents may be required during the application, depending on the profile assessment.
Are there any fees involved?
Yes, fees may apply depending on your approved loan amount and terms. These can include stamp duty and other service-related charges, all of which will be listed in the Product Disclosure Sheet or loan agreement.
Before you apply or accept any offer, go through all fees, repayment obligations, and terms carefully.
Can I settle the loan early?
Yes. You can make a full or partial early settlement at any time. There is no early settlement fee, but you will need to notify Wawasan Cojaya Sdn Bhd in advance.
For more details, please read the terms and conditions.