Eligibility Check

Currently available for Bank Muamalat (BMMB) applications only.

What is Tras Eligibility Check?

It's an instant assessment that shows whether you qualify for car financing — and roughly what you can afford — at the point of application, before you commit to anything further.

Is this the same as loan approval?

Not exactly. Eligibility Check is a pre-assessment based on your financial profile. Final approval still rests with the bank once your full application and documents are submitted.

Do I need to book a car first?

Yes. A car booking and an EVSO number are required before an eligibility check can be run.

How is this different from a standard loan application?

Eligibility Check gives you early visibility on your chances of approval, a single secure link for document upload, and matching with the banks best suited to your profile — reducing the risk of unnecessary rejections and unnecessary back-and-forth.

What documents are needed?

An IC, driving licence, email and phone number is needed. These can be submitted through the portal or via your Sales Advisor.

How long does the check take?

The result is instant.

Does this affect my credit score?

No. Running an eligibility check has no impact on your credit score.

Can I compare offers from more than one bank?

Yes. Tras works with multiple partner banks, so you can compare offers and choose the one that fits you best — including with customers who may need a guarantor for their full application. But Eligibility Check would only be for Bank Muamalat.

What happens once I'm found eligible?

Supporting documents are submitted for full review, including employment verification. Once everything is confirmed, the bank honours the rate shown at Eligibility Check stage and issues an official loan offer.

What if the rate isn't what I hoped for?

You're free to wait for offers from other partner banks, or negotiate directly with the banker for better terms.

What if I'm not found eligible?

Your application is still submitted to our partner banks, and approval remains possible depending on their assessment — it will just take a little longer to review. This applies whether the reason is a limited credit history, first-time buyer status, gig or cash income, or a lower CCRIS score — Tras is built to work with all of these profiles, including customers with a prior PTPTN, AKPK, or slow repayment record. In the meantime, we can help you explore a better-fit budget through CarCulator or look at alternative financing options.

How is income assessed for gig or freelance workers?

Through a combination of payslips and bank statements, so irregular income can still be fairly evaluated.

Is the interest rate the same as a standard bank rate?

It depends on your individual risk profile. Rates can be just as competitive as a bank's own rate when your risk assessment is favourable.