• Bursary
  • bendahari@um.edu.my
  • +603-7967 3205


The following frequently asked questions are common among those contemplating University Malaya (UM). This page provides answers to these questions and provides links to useful UM websites that provide additional answers.



Please select :

Who can apply for a vehicle loan?

UM employees who are on a permanent or contract basis only
Yes. However, two (2) guarantors are needed, and they must be permanently appointed and have been confirmed into service

The basic eligibility requirements for an officer to qualify for a vehicle loan are;

1. Purchasing a vehicle that is authorized based on their eligibility and means.

2. Requires a vehicle to perform their official duties efficiently.

3. The monthly instalment amount deduction is limited to one-third of the basic salary.

4. Total monthly deductions, including vehicle financing, do not exceed 60% of the basic salary and monthly allowance.

5. Require 2 guarantors among UM staff

6. In possession of a valid driver’s license.

The maximum eligibility limit for a vehicle loan is according to the following categories;

i) Car.

Basic Salary Maximum Eligibility (RM)
a) Exceeding RM10,000.00 130,000.00
b) RM5,000.01 to RM10,000.00 100,000.00
c) RM1,620.00 to RM5,000.00 85,000.00

(ii) Motorcycle: Maximum RM 15,000.00

Second/subsequent vehicle loans to the officer are allowed after five (5) years from the approval date, provided that the existing loan has been fully settled.

However, if the vehicle purchased previously is no longer economically viable, the staff can still submit an application. Such an application must be accompanied by supporting documentation such as photographs, insurance documents, police reports, and so on.

No. Second and subsequent vehicle loans to the officer are allowed after five (5) years from the date of approval, provided that the existing loan has been fully settled.
Yes. In the case of a used vehicle, the applicant is responsible for valuing the vehicle at Jabatan Kerja Raya (JKR).
The maximum allowable repayment period is as follows:

Type of Vehicle Period
a) New Car Not exceeding 108 months
b) Used Car Not exceeding 96 months*
c) New Motorcycle  Not exceeding 60 months
d) Used Motorcycle Not exceeding 48 months*

* Subject to the JKR’s appraisal

(i) Copy of Vehicle Registration Certificate

(ii) Proof of payment/receipt for the cancellation fees. The charges is RM2.00 for the motorcycle and RM3.00 for the car.

The Deed of Assignment cancellation letter and the original Vehicle Registration Certificate must be submitted to the Road Transport Department (JPJ) by the applicant.
The stamping of the agreement is the responsibility of the staff/borrower. Stamping can be completed at Lembaga Hasil Dalam Negeri (LHDN).
The applicant must submit the stamped agreement, original invoice, a copy of Vehicle Registration Certificate, and a copy of insurance policy to the Payment Section for further processing.

(i) Obtain confirmation of the financing balance with Payment Section, Financial Services Department, Bursary.

(ii) The borrower will then be required to make full payment based on the verified balance and adhere to the specified date period via E-pay (https://epay.um.edu.my/).

(iii) Submit original copies of bank-in slips or proof of payment to the Payment Section, Financial Services Department, Bursary.

Last Update: 22/05/2023