Best Personal Loan Rates in Malaysia 2026
Compare personal loan and personal financing-i rates from 14 banks. Filter by sector, loan amount and tenure. Calculate your monthly repayment instantly.
🎯 Loan Eligibility Calculator
Estimate how much you can borrow based on your income and existing commitments, using Bank Negara's 60% Debt Service Ratio (DSR) guideline.
Car loans, housing loans, credit card minimums, other personal loans.
Indicative only. Actual approval depends on your CCRIS/CTOS record, employer, and each bank's assessment. DSR limits vary by income band and lender.
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AI suggestions are indicative — final rate and approval depend on your CCRIS/CTOS profile, income and employer.
🧮 Monthly Repayment Calculator
- ✓Lowest flat rate 3.45% p.a.
- ✓Government & GLC employees
- ✓Salary deduction via Biro Angkasa
- ✓Lowest flat rate 3.65% p.a.
- ✓For government & GLC employees
- ✓Salary deduction via Biro Angkasa
- ✓Lowest rate from 3.78% p.a. (all sectors)
- ✓Credit limit up to RM150,000
- ✓Fully digital — instant approval & disbursement
- ✓Low profit rate from 3.88% p.a.
- ✓100% digital, Shariah-compliant
- ✓Financing from RM1,000 to RM100,000
- ✓Competitive flat rate from 4.38% p.a.
- ✓Min income only RM2,000/month
- ✓Instant online approval
- ✓Up to RM200,000 loan amount
- ✓Government employees only
- ✓Shariah-compliant
- ✓Zero early settlement fee
- ✓Up to 7-year tenure
- ✓No processing fee
- ✓Min income only RM1,500/month
- ✓Up to 10-year tenure
- ✓Shariah-compliant (Tawarruq)
- ✓Shariah-compliant (Tawarruq)
- ✓Up to 7-year tenure
- ✓No processing fee
- ✓Fast 1-day approval
- ✓Fixed monthly repayment
- ✓Open to private sector
- ✓Fixed interest rate
- ✓Available at all Public Bank branches
- ✓Existing customers get priority
- ✓Low starting amount RM3,000
- ✓Quick approval process
- ✓Apply at any AmBank branch
- ✓No processing fee
- ✓Apply online via HLB Connect
- ✓Fixed monthly installment
- ✓Highest loan limit RM250,000
- ✓Instant approval for existing SC customers
- ✓No processing fee
Personal Loan Malaysia — FAQ
Co-opbank Pertama Lestari-i offers the lowest flat rate at 3.45% p.a. (EIR 6.31%) for government servants. For private-sector employees, GX Bank FlexiCredit starts from 3.78% p.a. flat (EIR 6.92%), followed by AEON Bank at 3.88% and CIMB Cash Plus at 4.38%.
The flat rate is calculated on the original loan amount throughout the tenure. The EIR (Effective Interest Rate) reflects the true cost of borrowing as the outstanding balance reduces monthly. EIR is always higher than flat rate. Use EIR to compare loans fairly.
Typically: MyKad (IC), last 3 months salary slips, last 3 months bank statements, and the latest EPF statement (EA form). Government servants may need the latest payslip showing Biro Angkasa deductions.
Yes. CIMB Cash Plus and Alliance CashFirst accept applicants earning from RM2,000/month. GX Bank FlexiCredit, Bank Islam, and Co-opbank Pertama accept as low as RM1,500/month.
Standard Chartered CashOne offers up to RM250,000. Most banks cap at RM100,000–RM150,000. Loan amounts are also subject to a debt service ratio (DSR) limit — typically your total monthly commitments cannot exceed 60% of gross income.
Functionally yes — you receive a lump sum and repay in monthly instalments. The key difference is Islamic financing uses Shariah-compliant concepts (Tawarruq or Murabahah) instead of interest. There is no riba (interest) involved. Profit rates are comparable to conventional loan rates.