Terms & Conditions: Save Big on Every Drawdown Campaign

Campaign Period

• This Save Big on Every Drawdown (“Campaign”) is organised by Modalku Ventures Sdn Bhd (“Funding Societies”) and shall commence from 4 November 2025 to 30 November 2025 (“Campaign Period”), both dates inclusive unless extended and notified otherwise.
  
  

Eligibility Criteria 

• This Campaign is open to all existing Advance Premium dealers of Funding Societies who fulfil the Eligibility Criteria (as defined hereinafter) during the Campaign Period (“Eligible Participants”). This Campaign applies exclusively to the note issuers of the Dealer Financing product offered by Funding Societies in Malaysia. Employees of Funding Societies are not eligible to participate in this Campaign. 
  
  
• The following eligibility criteria must be duly fulfilled to be qualified for participation in this Campaign (“Eligibility Criteria”):  
  
  • All drawdown request(s) must be submitted exclusively via the following bidding platforms: MUV, Carro, or Carsome (“Eligible Platforms”).
  • All drawdown request(s) must be submitted within the Campaign Period.
    

• Please note that all drawdown request(s) submitted during the Campaign Period are subject to approval by Funding Societies. Approval may be granted during or after the Campaign Period, at the sole discretion of Funding Societies.
  
  
• This Campaign is offered on a standalone basis and is not applicable with other promotions or rebate programmes. The Rewards (as defined hereinafter) are not valid in conjunction with any other offer, promotion, or campaign.

Campaign Reward

• Eligible Participants who fulfil all Eligibility Criteria shall be entitled to the following rewards (“Rewards”):
  • A reduced drawdown fee of RM150 per drawdown (before SST) for drawdowns made via the Eligible Platforms, equivalent to a reduction of RM200 from the standard RM350 drawdown fee; and
  • A revised interest rate of 12% per annum for drawdowns made via the Eligible Platforms during the Campaign Period.
    

• For the avoidance of doubt, the Rewards are applicable only to drawdowns that fulfill the Eligibility Criteria outlined above.
  
  

Reward Fulfilment

• The reduced drawdown fee under this Campaign shall be provided on a rebate basis. Eligible Participants will first be charged the standard drawdown fee upon disbursement, and the rebate equivalent to the fee reduction will be reimbursed to the Eligible Participant by January 2026.
  
  
• No manual application or claim is required from the Eligible Participant.
  
  
• It is the responsibility of Eligible Participants to ensure that all required documentation, drawdown conditions, and approvals are duly completed to qualify for the Rewards under this Campaign.
  
  
• In relation to the approval of drawdown request(s) submitted within the Campaign Period, every reasonable effort will be made to ensure that the turnaround time is adhered to. Nonetheless, please note that the processing time for approval (“Timeline”) may vary depending on various circumstances, including but not limited to the completeness of information furnished by the Eligible Participants. In this regard, Funding Societies' decision on the Timeline or any extension of the Campaign Period shall be final. Eligible Participants are advised to submit all drawdown request(s) as early as possible within the Campaign Period. 

General Terms & Conditions

• By participating in this Campaign, the Eligible Participants are deemed to have read, understood, and agreed to be bound by all the terms and conditions stated herein (including any amendments, changes, or variations thereto).
  
  
• Funding Societies’ decision on all matters relating to this Campaign shall be final and binding on all the Eligible Participants, and no correspondence and/or appeal in respect thereof shall be entertained.
  
  
• By participating in this Campaign, all Eligible Participants agree to provide his or her consent to:
  • Collect, record, hold, store, use, and disclose their personal information for purposes related to the Campaign;
  • Disclose their personal information (including names, addresses, and telephone numbers) to Funding Societies' related and/or associate companies, business partners, strategic alliances, and other third parties as deemed necessary by Funding Societies for the Campaign, and
  • Allow their photos or video clips to be used for current or future advertising and/or publicity related to the Campaign without any claim for payment or compensation.
    
    
• Upon the expiry of the Campaign Period, the Campaign will be deemed terminated, and this offer will immediately lapse without notice.
  
  
• The Rewards are not transferable to any third party, non-negotiable, and non-exchangeable for goods or cash, in part or in full, and/or other redemption item(s).
  
  
• Funding Societies reserves the right to substitute or change the Rewards with a similar or lower value at its absolute discretion.
  
  
• The Rewards may be withdrawn or cancelled by Funding Societies at its sole discretion if any purchase or transaction made by Eligible Participants under this Campaign is refunded, voided, cancelled, or deemed fraudulent.
  
  
• Funding Societies reserves the right to disqualify Eligible Participants from receiving the Rewards if they fail to comply with any terms and conditions contained herein, or engage in fraudulent or wrongful acts related to the products.
  
  
• Funding Societies shall not be liable for any claims, losses, damages, or costs incurred or suffered by any participants as a result of your participation in this Campaign.
  
  
• Funding Societies shall not be responsible nor shall it accept any liabilities of whatsoever nature, howsoever arising or suffered by the Eligible Participants resulting directly or indirectly from this Campaign. For the avoidance of doubt, any cancellation, termination, suspension or extension of this Campaign or disqualification of the Eligible Participants or forfeiture of the Campaign shall not entitle the Eligible Participants to any claim or compensation against the Organisers or for any and all losses or damages suffered or incurred by the Eligible Participants as a direct or indirect result of the act of cancellation, termination, suspension, extension, disqualification or forfeiture.
  
  
• These terms and conditions may be amended from time to time and shall prevail over any provisions or representations contained in any other advertising materials. In the event of inconsistency, the latest version of these terms and conditions shall supersede any previous terms and conditions.
  
  
• These terms and conditions shall be governed by and construed in accordance with the laws of Malaysia and subject to the exclusive jurisdiction of the Courts of Malaysia.