Boost Bank rolls out fully digital motorbike loans
Boost Bank Offers Digital Motorcycle Loans – Easier to Get Your Ride!
Malaysian riders, dengar sini! Getting your dream bike just got easier. Boost Bank, backed by Axiata and RHB, has launched a fully digital hire-purchase solution for motorcycles. No more complicated paperwork!
This new Motorbike Loan, developed with DCAP Digital, aims to make motorcycle ownership more accessible, especially for those often overlooked by traditional banks.
What's the Big Deal?
- Fully Digital: Apply for your loan entirely online, no need to visit a branch.
- AI-Powered: Faster approval times compared to conventional loans.
- High Financing: Get up to 90% financing for bikes under 250cc. Kapcai riders, this is for you!
- Flexible Tenure: Repayment periods of up to five years.
- Automated Repayments: Hassle-free direct debit from your Boost Bank account.
Loan Details You Need to Know
The Motorbike Loan offers financing for kapcai and smaller bikes (under 250cc), with annual interest rates reaching up to 10%. All fees and charges are clearly stated upfront, so no hidden surprises!
Who Benefits?
This loan is perfect for:
- First-time motorcycle buyers
- Gig workers needing reliable transport
- Everyday commuters looking for an affordable ride
"With the launch of our Motorbike Loan, we’re addressing a real, everyday need with a digitally accessible solution that removes friction and empowers more Malaysians to move forward, both literally and financially." - Fozia Amanulla, Boost Bank CEO
Where Can You Apply?
The Motorbike Loan is currently available at selected motorcycle dealers. Boost Bank plans to expand its network throughout Peninsular Malaysia soon. Stay tuned for updates!
With Boost Bank's new digital loan, owning a motorcycle in Malaysia is now more accessible and convenient than ever. Selamat menunggang!
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