First Class Motorcycle HP Financing
Financing Your
Next Motorcycle, Simplified
Fast, flexible, and transparent Hire Purchase financing for new and used motorcycles — up to 90% margin and tenures up to 5 years, fully governed by the Hire Purchase Act 1967.
Why Choose
First Class Credit?
Competitive Fixed Rate
A locked-in fixed flat rate so you can plan your monthly cash flow with certainty.
High Margin
Finance up to 90% of your motorcycle’s value — new or used.
Quick Turnaround
Pre-approval status within 24–48 hours of document submission.
Hassle-Free Renewals
Integrated road tax and insurance / Takaful renewal services.
Eligibility &
Documents
Make sure you meet the requirements below before you start your application.
Plan your budget
See How It Fits
Your Plan
Use our calculator to estimate your monthly instalments. Adjust the amount financed and tenure to find a repayment plan that suits you.
*Based on a fixed rate of 10.00% per annum (flat).
Fixed rate: 10.00% per annum (flat)
Total Term Charges
RM 4,800
Total Payable
RM 16,800
No. of Instalments
48
Final Instalment
RM 350
Monthly Instalment
RM 350
Indicative only — actual instalment, margin, and rate will be confirmed in your signed Hire Purchase Agreement and Product Disclosure Sheet.
How to apply
Simple Steps to Get You on the Road
Estimate Your Loan
Use our online calculator to find a monthly instalment that fits your budget.
Quick Online Application
Fill out our 5-minute application form with your motorcycle and personal details.
Fast Verification
Our team reviews your profile and contacts you via WhatsApp within 24–48 hours for pre-approval.
Sign & Drive
Sign your Hire Purchase Agreement, settle the downpayment, and collect your motorcycle.
Frequently Asked
Questions
See All FAQsIt is a contract where you “hire” the motorcycle from the Owner (First Class Credit Sdn. Bhd.) and ownership transfers to you upon full settlement. You become the legal owner only after the final instalment is paid.
Yes. All our motorcycle financing is governed by the Hire Purchase Act 1967, which protects you as the Hirer.
You can finance up to 90% of the motorcycle’s value. Actual margin depends on your profile and the motorcycle.
A fixed flat rate of 10.00% per annum (≈ 0.833% per month). The rate is locked in for the full tenure.
Minimum 1 year (12 months) and maximum 5 years (60 months).
Here is a typical representative example for a hire purchase loan. See the figures in your Product Disclosure Sheet (PDS).
Per the PDS: Stamp Duty RM20 (without guarantor) or RM60 (with guarantor), e-Hakmilik Charges RM3, and Postage RM10. All fees are disclosed up front — no hidden charges.
Yes. Comprehensive Insurance/Takaful coverage is mandatory under the Hire Purchase Act 1967 until the HP facility is fully settled.
A late payment penalty of 8% per annum on the amount in arrears, calculated daily, will be charged. Contact us early if you face hardship so we can find a workable solution.
Yes. You receive a statutory rebate per the Hire Purchase Act 1967, calculated as: Rebate = [RP × (RP + 1)] / [OP × (OP + 1)] × Total Term Charges, where RP = Remaining Period (months) and OP = Original Period (months).
Once we receive your complete documentation (NRIC, latest 3 months’ salary slips, and EPF/bank statements), pre-approval typically takes 24 to 48 hours.
Interested to Apply?
Start your application in just 5 minutes.