Best Personal Loan Rates in Malaysia (September 2026)
🇲🇾 Baca dalam Bahasa Malaysia →Personal loan interest rates from 18 Malaysian banks, from 3.06% p.a. Check your monthly payment with the loan calculator below.
🎯 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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Describe your situation (income, sector, how much you need) and our AI recommends the best-fit loan from all 18 banks — with live rates.
AI suggestions are indicative — final rate and approval depend on your CCRIS/CTOS profile, income and employer.
🧮 Personal Loan Calculator
- ✓Up to RM250,000 financing amount
- ✓Government employees only
- ✓Shariah-compliant
- ✓Lowest flat rate 3.45% p.a.
- ✓Government & GLC employees
- ✓Salary deduction via Biro Angkasa
- ✓Profit rate from 3.50% p.a.
- ✓Up to RM400,000 financing
- ✓Tenure up to 10 years
- ✓Fixed rate tiers: 3.42% (up to 1 yr) · 3.61% (>1–5 yrs) · 3.95% (>5–10 yrs)
- ✓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
How much do you want to borrow?
Exact monthly payment for your amount — RM1,000 to RM100,000 — across all 18 banks.
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💬 Discussion
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.