Bank loan legal fee

Sarawak, MalaysiaAdvocates’ Remuneration Rules · Effective 1 January 2023
Official schedule

Legal fee breakdown

Each rate applies only to the amount within that tier.

1.25 × scale
First Schedule scale applied to RM 450,000.00
Value band (RM)Amount in bandRateScale fee
0 – 10,000RM 10,000.002.50%RM 250.00
10,000 – 50,000RM 40,000.001.00%RM 400.00
50,000 – 100,000RM 50,000.000.90%RM 450.00
100,000 – 300,000RM 200,000.000.80%RM 1,600.00
300,000 – 700,000RM 150,000.000.70%RM 1,050.00
Base scaleRM 3,750.00
Selected service × 1.25RM 4,687.50

Loan stamp duty

Principal amount secured: RM 450,000.00

RM 2,250.00
Each RM1,000 or part of the secured amount is charged RM5.
InstrumentAmountCalculationDuty
Principal securityRM 450,000.00450 × RM5RM 2,250.00
Stamp dutyRM 2,250.00

Before exemptions or remissions. Subsidiary instruments are excluded. Stamp Act