Medical Treatment Instalment Plan

Direct Lending’s Medical Treatment Financing (Treatment Now, Pay Later) is an unsecured financing facility and is Shariah compliant. It is solely for medical purposes as the approved amount will be disbursed directly to the healthcare provider where you receive treatment. The facility is calculated based on a fixed profit rate, resulting in fixed monthly instalments throughout the selected tenor. Now you can pay for your medical treatment in convenient monthly instalments, with flexible repayment periods of up to 12 months, easing your financial burden while focusing on your health and recovery.

The facility is based on the Shariah concept of Commodity Murabahah via Tawarruq. This a buy and sell contract between Direct Lending and you, under a specific Shariah compliant commodity will be identified and used as the underlying asset for the sale and purchase transaction between customer and Direct Lending for the purpose of disbursing the funds under the Facility.

Other than filling in basic personal details, we only require the following two documents:

• Photos of NRIC (front and back)
• Bank statement in the past 3 months (main account that receives income such as salary) – find out how to download bank statements here

It is open to Malaysian nationals aged between 18 – 65 years old. You must have a bank account. A credit card is NOT mandatory.

It takes seconds to know your prequalified results based on the credit profile and you will know final approval results and maximum amount as fast as 15 minutes (during working hours) after submitting the complete documentation.

Once receiving the pre-approval, you could use the facility within 2 weeks.

Understanding how much you need to pay through instalments for your medical treatment allows you to plan ahead and schedule your appointment with any participating healthcare provider.

You can also apply at the healthcare provider’s facility if you realize you need additional funding for your treatment. We provide pre-approved results as fast as 15 minutes (during working hours).

The profit rate is 1.5% per month. There is no processing fee involved in this financing.

The range of the financing amount is from RM300 (minimum) to RM5,000 (maximum). Financing period from 3 to 12 monthly payments.

No, it will be done digitally through your mobile phone when you decided to use the approved facility.

The facility does not require any guarantor or collateral.

Direct Lending will disburse the financing directly to the healthcare provider within 1-2 working days after the signing of the financing agreement. In the event the financing amount is insufficient to cover your entire medical treatment bill, you are required to pay the balance of payment to the provider prior to treatment.

Prior to signing the financing agreement on Direct Lending's platform, you will set up the eMandate to allow auto-debit from your bank account from a licensed financial institution in Malaysia. The monthly payment plan will be deducted from this account on the payment due dates as stated in the financing agreement.

If you fail to make any monthly instalments or pay any other amount payable when due, you shall pay the late payment charge of 8% per annum (consists of a compensation / Ta’widh (1%) and a penalty / Gharamah (7%) that will be channeled to charitable bodies). The late payment charge will not be compounded.

You can make an early settlement before the expiry of the Instalment tenure, by giving 1-week prior written notice to Direct Lending. A rebate for early settlement on the remaining deferred profit may be granted to you.

Please fill up this simple form and we will be in contact with you within 1 working day.

The financing will be offered by Direct Lending Sdn Bhd, an online personal financing platform in Malaysia that supports hardworking adults to access to safe and affordable financing. Direct Lending is a licensed moneylender registered under Ministry of Local Government Development (KPKT).

Direct Lending is recognised as Top Rising Star of the Year in Fintech Frontiers Award 2023. Direct lending is a grant recipient from the Cradle Fund Sdn Bhd, and a graduate from the Malaysian Global Innovation & Creativity Centre’s (MaGIC) Global Accelerator Program.