Insure Today, Pay Later!
We understand—renewing your motor takaful and road tax can be a hefty expense, especially when other financial responsibilities are piled up. That’s why GoInsuran brings you Go Ansuran Mudah, a Motor Takaful Instalment Plan tailored to ease your financial load. With Go Ansuran Mudah, you can safeguard your vehicle while spreading the cost over up to 12 months. No more scrambling to pay everything at once—just simple, manageable payments that fit your budget.
BENEFITS
KEY BENEFITS
Shariah-Compliant
Approval as fast as 15 minutes*
Up to 12-month repayment
Financing up to RM5,000
Note:
– This instalment plan is only allowed to be used for Motor Takaful only
– *During working hours, upon receipt of complete documents.
COVERAGE
See how affordable peace of mind can be. Explore your customized monthly installment plan today and drive with confidence—because your protection starts now, not later.
| Monthly Installment Amount | Premium Amount (RM) | ||||||||||
| 500 | 1,000 | 1,500 | 2,000 | 2,500 | 3,000 | 3,500.00 | 4,000 | 4,500 | 5,000 | ||
| Period (Months) | 3 | 171.60 | 343.30 | 515.00 | 686.60 | 858.30 | 1,030.00 | 1,201.60 | 1,373.30 | 1,545.00 | 1,716.60 |
| 6 | 89.50 | 179.10 | 268.70 | 358.30 | 447.90 | 537.50 | 627.00 | 716.60 | 806.20 | 895.80 | |
| 9 | – | 124.40 | 186.60 | 248.80 | 311.10 | 373.30 | 435.50 | 497.70 | 560.00 | 622.20 | |
| 12 | – | – | – | – | – | 291.20 | 339.70 | 388.30 | 436.80 | 485.40 | |
- 12 times monthly payment is only available for premium RM3,000 and above.
- The first payment will include an additional one-time Wakalah fee of RM30, payable at checkout.
Note:
The monthly instalment amount above:
- is calculated based on maximum profit rate of 1.5% per month; and
- excludes one-off wakalah fee (RM30), which is payable together with the first installment amount during online checkout process.
HOW TO APPLY
See how affordable peace of mind can be. Explore your customized monthly installment plan today and drive with confidence—because your protection starts now, not later.
Apply – Fill in your details
Upload required documents
Checkout – Sign, & pay!
Frequently Asked Questions (FAQ)
About Direct Lending
Direct Lending, founded in 2016 as a digital financing marketplace, enables borrowers to find, apply, and receive financing that best suits them in a safe and affordable manner. It obtained a credit community (moneylending) license from the Ministry of Housing and Local Government (KPKT) in 2021.
In March 2022, it launched the Shariah-compliant financing for car owners to pay for their car repair or service through an installment plan.
Go Ansuran Mudah
Go Ansuran Mudah is a Shariah-compliant instalment plan that allows GoInsuran’s customers to purchase motor takaful (including road tax) on an instalment basis up to 12 months, offered by Direct Lending.
It is based on the Shariah concept of Commodity Murabahah via Tawarruq, which consists of two separate sale and purchase contracts:
- Sale of a Shariah-compliant commodity by Direct Lending to you on a deferred basis (i.e., instalment), where the sale price of the commodity is the acquisition cost plus agreed profit margin (Murabahah); and
- Sale of the same commodity by GoInsuran to a customer third party on a cash and spot basis (for the purpose of obtaining the funds to purchase your motor takaful from GoInsuran).
Here are the key benefits:
- Financing Amount: RM300 – RM5,000
- Instalment Period: 3/6/9/12 months
- Profit Rate: Up to 1.5% per month*
*Depending on customer’s credit profile
A once-off RM30 Wakalah Fee will be charged and added to your first instalment payment amount, payable by you during the online checkout process.
This instalment plan is a Shariah-compliant product; therefore, this instalment plan is only allowed to purchase motor takaful policy (including road tax).
This instalment plan doesn’t require any guarantor or collateral.
Application & Utilization
This loan is available to all Malaysians aged 18 to 65 with a privately registered vehicle. An online banking account is required, but a credit card is not mandatory. The loan is open to everyone, not just policyholders.
We only require the following two documents:
- Copy of NRIC (Front & Back); and
- Latest 3 months bank statement (main/active account) – find out how to download bank statement here.
Application can be done 100% online in less than 5 minutes. Fill up your personal details and upload the required documents. Click here to apply.
It takes seconds to know your pre-qualified results based on your credit profile, and you will be notified (via WhatsApp) Direct Lending of your final approval result as fast as 15 minutes (during working hours) after submitting the completed documentation.
If the approved loan is less than the total premium payable, the customer will need to cover the remaining amount using the available payment methods provided by GoInsuran.
As a responsible financier, it's important for us to consider the financial well-being of our customers, as we don’t want this application to add additional financial burden to you, which goes against our commitment to their financial health. Each application will be given a careful review, and the common rejection reasons include a lower credit score, higher commitment, or payment pattern of existing loan/financing.
You are still able to purchase your motor takaful via other payment methods available, such as BNPL via Atome / Mobypay, GrabPay e-Wallet, TNG, and EPP (Credit/ Debit) for Hong Leong Bank and Public Bank Berhad.
Please contact GoInsuran at email connect@goinsuran.com or call 1-800-88-8185 for further assistance.
Should you agree to proceed with this instalment plan, please inform GoInsuran. A checkout link will be sent to your WhatsApp to complete the online checkout process.
To utilize the approved instalment plan to pay for your motor takaful, you will need to follow the steps on the screen to complete:
(1) confirm final amount;
(2) make first instalment payment & set up auto-debit; and
(3) sign facility agreement via OTP.
Not required. The facility agreement is to be signed electronically, which can be done via your mobile phone or computer.
Your motor takaful policy will be issued and emailed to you by GoInsuran within 30 minutes, provided no additional approval is needed upon completing your online checkout.
There is no action required from your end.
Direct Lending will disburse the financing directly to GoInsuran within 1-2 working days after the signing of the facility agreement and completion of the commodity trading process (by Direct Lending).
Repayment / Early Settlement
Your monthly instalment will be paid to Direct Lending via auto-debit, i.e., auto deduction from your bank account according to the repayment schedule.
Should the auto-deduction fail, Direct Lending will send a reminder to you for payment via online transfer.
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 compensation/Ta’widh (1%) and a penalty/Gharamah (7%) that will be channelled 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 (Ibra’) for early settlement on the remaining deferred profit may be granted to you.
Legal action will be taken against you if you fail to respond or act to reminder and/or demand notices. Direct Lending has the right to commence recovery activities and bankruptcy proceedings, including engaging third-party debt collection agencies and reporting your name to credit rating agencies such as CTOS & Experian.
Legal action against you may affect your credit rating, leading to credit being more difficult or expensive, and you may incur additional costs arising from the legal action.
If you have any enquiries or would like to change your correspondence details, or have any difficulties in making payments or would like to make early payment/settlement, please contact us at:
Direct Lending Sdn. Bhd.
Address: Unit 22-3A, Oval Tower Damansara, 685, Jalan Damansara, 60000 Kuala Lumpur.
Tel: 03 9212 4200
General Enquiries
WhatsApp: +6010 382 5261
Email: support@directlending.com.my
Payment / Early Settlement Enquiries
WhatsApp: +6010 382 5261
Email: collection@directlending.com.my
