GXBank FlexiCredit now available on TNG eWallet CashLoan
TNG Digital has added GXBank FlexiCredit to its TNG eWallet platform, giving users a revolving credit line of up to RM150,000 without opening a separate GXBank account.
Source: SoyaCincau · August 26, 2026 at 7:31 PM · AI-assisted report
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MALAYSIA, 27 AUGUST 2026 —
TNG Digital has added GXBank FlexiCredit to its TNG eWallet platform, giving users a revolving credit line of up to RM150,000 without opening a separate GXBank account.
Market Impact
The feature integrates with TNG Digital’s existing GoFinance hub, which already handles payments, investments, insurance and salary disbursements. Desmond Teoh, chief financial services officer at TNG Digital, said the expansion reflects the company’s view that financial inclusion comes from meeting Malaysians where they already transact.
GXBank chief executive officer Kaushik Chowdhury said the product removes traditional barriers such as lengthy approvals and mandatory separate accounts, enabling more Malaysians to manage emergency cash needs and larger purchases safely.
Unlike a fixed-term personal loan, FlexiCredit operates as a rolling credit line. Once approved, users receive a set limit and can draw down amounts as needed. The facility itself incurs no processing fees, annual fees or interest unless money is used. Interest is charged only on withdrawn amounts, starting from a flat 3.78% per year (effective interest rate 6.45% p.a.), with repayment tenures from six to 60 months.
Early repayment carries no penalty, and as borrowers repay, their available credit automatically restores for future use without a new application.
To qualify, applicants must be Malaysian citizens aged 21–64, hold a fully verified TNG eWallet account, and show a minimum gross income of RM1,500 per month or RM18,000 per year. Both salaried employees and self-employed individuals can apply; supporting documents such as an EPF statement or bank statements may be requested during the digital submission.
The application is completed entirely in the TNG eWallet app. Users tap the GOFinance icon, select CashLoan, choose GXBank FlexiCredit, set their desired limit and tenure, and upload income proof. Processing typically takes a few minutes; upon approval, the credit line appears in the CashLoan dashboard and funds can be withdrawn instantly to the eWallet or to a linked bank account.
For households that prefer keeping finances in one app, the service offers a low-friction alternative to traditional bank loans for short-term cash flow needs or unexpected expenses. The partnership shows how digital platforms can extend regulated credit by collaborating with licensed banks.
Related: Malaysia