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Motorcycle Loan Calculator Malaysia 2026

Malaysian motorcycle financing is quoted per month, not per year. AEON Credit publishes rates from 0.833% per month for bikes under 250cc, with tenures up to 84 months and financing up to 90%. Want 0 deposit? Shopee SPayLater needs nothing up front, and its 1 and 3-month plans carry 0% interest. Pick your model below.

Monthly instalment by model (10% deposit)

ModelPrice60 months84 monthsBuy
Modenas Kriss 110110ccRM3,699RM83.21RM67.36Shopee
SM Sport 110E110ccRM4,000RM89.99RM72.85Shopee
Honda Wave Alpha110ccRM5,900RM132.73RM107.45Shopee
Aveta Nova125ccRM6,000RM134.98RM109.27Shopee
Modenas Kriss 125125ccRM6,000RM134.98RM109.27Shopee
Yamaha Ego Avantiz125ccRM7,300RM164.23RM132.94Shopee
Honda Vario 125125ccRM8,400RM188.97RM152.97Shopee
Modenas Z15GT150ccRM9,200RM206.97RM167.54Shopee
Honda RS-X150150ccRM10,200RM229.47RM185.76Shopee
Yamaha Y15ZR150ccRM10,700RM240.72RM194.86Shopee
Honda Vario 160160ccRM11,300RM254.22RM205.79Shopee
Yamaha LC135135ccRM11,500RM258.72RM209.43Shopee
Yamaha Y16ZR150ccRM13,000RM292.46RM236.75Shopee
Yamaha NVX 155155ccRM16,900RM380.20RM307.77Shopee

Prices listed on Shopee as at August 2026; edit the price on any model page to match your own quote. Rate bands from AEON Credit Motorcycle Financing HP-i. Source: AEON Credit.

Motorcycle loan rates from 0.375% per month

Bike typeRate/monthTenure
Moped, below 250ccfrom 0.833%12–60 months (new)
Electric motorcyclefrom 0.65%up to 48 months
Big bike, 250cc and abovefrom 0.375%12–84 months

Source: AEON Credit Motorcycle Financing HP-i, verified August 2026. Rates shown are the published "as low as" figures for qualified applicants.

The bottom line

The cheapest bike in this list to finance is the Modenas Kriss 110 at about RM83.21 per month over 60 months with a 10% deposit. Before signing anything, ask for the rate per month in writing — the gap between a licensed financier and shop credit is where most of the money is lost, not in the sticker price.

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Frequently Asked Questions

How much is a motorcycle loan per month in Malaysia?
It depends on the bike price and tenure. A Modenas Kriss 110 at RM3,699 with a 10% deposit over 60 months at 0.833% per month is about RM83.21 per month. A 150cc bike such as the Yamaha Y15ZR costs considerably more because the price is higher.
What is the interest rate for a motorcycle loan in Malaysia?
AEON Credit publishes rates from 0.833% per month for bikes under 250cc, 0.65% per month for electric motorcycles, and 0.375% per month for 250cc and above. Malaysian motorcycle financing is quoted PER MONTH, not per year — do not confuse it with car loan rates, which are quoted per annum.
What is the difference between loan kedai and AEON Credit?
Loan kedai is credit arranged by the motorcycle shop itself. It is often faster to approve but typically carries a higher rate. AEON Credit is a licensed credit company operating under the Hire Purchase Act 1967 with published rates. The gap between 0.833% and 1.2% per month can run to thousands of ringgit over a 60-month tenure.
Can I buy a motorcycle with 0 deposit in Malaysia?
Yes. Shopee SPayLater requires no down payment — it bills the full order value, so nothing is paid up front. Its 1-month and 3-month plans also carry 0% interest, so you repay exactly the bike price. Longer plans (6, 12, 18 and 24 months) are charged at 1.5% per month. Hire purchase through a licensed financier normally expects around 10% deposit, because financing covers up to 90% of the price.
What is the minimum salary for a motorcycle loan?
AEON Credit's published minimum is RM1,050 gross per month in Peninsular Malaysia or RM920 in East Malaysia, with applicants aged 18 to 65 and at least 6 months in current employment.
What is the longest motorcycle loan tenure available?
Up to 84 months (7 years) on selected models. A longer tenure lowers the monthly instalment but increases total interest, because flat-rate interest is charged every month of the tenure.
Can I get a motorcycle loan without a salary slip?
Self-employed applicants can apply using a Business Registration Form and the latest 3 months of company bank statements in place of salary slips, provided the business has operated for at least 1 year and net income is at least RM1,000 per month.

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