Terms & Conditions – Yokinbanc
Welcome to Yokinbanc. By accessing or using our website and any loan-related services provided through it (“Services”), you agree to be bound by these Terms & Conditions (“Terms”). If you do not agree, please discontinue use of our website immediately.
Advertising license validity period:
Loan Interest Rate Not Exceeding: 18% Per Annum (Unsecured)
The loan agreement must be signed by all parties at the company’s operating address.
ANY STATEMENT THAT IS CONTRARY TO ACT 400 IS CONFLICTING, A REPRESENTATION, OR A FALSE DESCRIPTION REGARDING THIS ADVERTISEMENT. MAY SUBMIT A COMPLAINT USING KPKT’S INTEGRATED COMPLAINT SYSTEM THROUGH https://aduan.kpkt.gov.my
1. Eligibility
To apply for any loan product offered by Yokinbanc, you must:
• Be at least 18 years old;
• Be a Malaysian citizen or permanent resident;
• Provide accurate and complete personal information;
• Meet our credit, verification, and compliance criteria.
We may request additional information at any time for verification or risk assessment.
2. Loan Application & Approval
Submitting a loan application through our website does not guarantee approval.
All applications undergo internal verification, credit checks, and regulatory compliance review.
Yokinbanc reserves the right to approve or reject any application at its sole discretion without providing specific reasons.
3. Loan Terms, Interest, Fees & Repayment
All loan details—including interest rates, processing fees, repayment schedules, and late payment charges—will be clearly disclosed on our website before you accept a loan offer.
By accepting the loan agreement, you acknowledge and agree to:
• All applicable fees and charges;
• The repayment schedule provided;
• Any additional costs incurred due to late or missed payments.
Late payments may result in additional charges, collection actions, or reporting to Malaysian credit bureaus.
4. User Responsibilities
You agree to:
• Provide truthful and updated information;
• Use the website responsibly and lawfully;
• Avoid submitting fraudulent documents or misleading information;
• Not attempt to bypass, disrupt, or harm the website or its security systems.
You are responsible for any actions taken through your registered account on the website.
5. Data Privacy & Consent
By using our website and Services, you consent to the collection, processing, and disclosure of your personal data in accordance with Yokinbanc’s Privacy Policy and the Personal Data Protection Act (PDPA) 2010 of Malaysia.
Your personal data may be shared with:
• Credit reporting agencies;
• Regulatory or law enforcement authorities;
• Authorized third-party service providers assisting with verification, processing, or debt recovery.
We implement reasonable security measures but cannot guarantee absolute protection against breaches beyond our control.
6. Electronic Communication
You agree that Yokinbanc may communicate with you via:
• Email
• SMS
• Phone calls
• WhatsApp
• Notifications displayed on our website
Such communications include application updates, repayment reminders, announcements, or promotions (optional).
7. Disclaimers
Our website and Services are provided on an “as is” and “as available” basis.
We do not guarantee:
• Continuous or uninterrupted website operation;
• Error-free or fully secure access;
• That all content or data will always be accurate or up-to-date.
Yokinbanc is not liable for any loss or damages arising from the use or inability to use the website.
8. Limitation of Liability
To the fullest extent permitted by Malaysian law, Yokinbanc’s total liability for any claim related to your use of our website or Services shall not exceed the total fees paid by you to Yokinbanc in the 12 months preceding the claim.
9. Third-Party Links
Our website may contain links to third-party sites.
Yokinbanc is not responsible for their content, security, or privacy practices. Accessing such links is at your own risk.
10. Collections & Debt Recovery
In cases of overdue payments, Yokinbanc may:
• Engage licensed debt collection agencies;
• Initiate legal action;
• Report delinquent accounts to credit bureaus;
• Charge additional fees to cover recovery costs.
11. Amendments to Terms
Yokinbanc may update or revise these Terms at any time.
Updated Terms will be posted on our website, and continued use of our Services constitutes acceptance of the new Terms.
12. Governing Law
These Terms are governed by the laws of Malaysia. Any disputes shall fall under the exclusive jurisdiction of Malaysian courts.