Best Personal Loan Rates in Malaysia 2026
🇲🇾 Baca dalam Bahasa Malaysia →Compare personal loan and personal financing-i rates from 18 banks. Filter by sector, loan amount and tenure. Calculate your monthly repayment instantly.
Rates verified: 20 Jun 2026, 11:42 PM MYT. Figures are advertised “from” rates — your actual rate depends on your income and CCRIS/CTOS credit profile.
Lowest Flat Rate
3.45% p.a.
Co-opbank Pertama (Govt)
Lowest EIR
6.31% p.a.
True cost of loan
Max Loan Amount
RM 250,000
Standard Chartered
Banks Compared
18
Reviewed daily
⚠️Important: Only borrow what you can afford to repay. Total monthly loan commitments should not exceed 60% of your gross income (Debt Service Ratio). Rates shown are indicative — final rates depend on your credit profile.
🎯 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.
You may be able to borrow up to
RM97,228
at 3.45% flat with Co-opbank Pertama over 5 years
Free for new loan / month
RM1,900
Banks available to you
18 of 18
Current DSR usage13% / 60%
Indicative only. Actual approval depends on your CCRIS/CTOS record, employer, and each bank's assessment. DSR limits vary by income band and lender.
Ask rates.my AI — which loan suits you?
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.
🧮 Monthly Repayment Calculator
5 years (60 months)
Co-opbank Pertama
Co-opbank Pertama Lestari-i
Monthly Repayment
RM586.25
Total Interest
RM5,175.00
Total Repayment
RM35,175.00
Flat 3.45% · EIR 6.31%
Recommended min. salary to stay under 60% DSR
RM977/month
SECTOR
LOAN AMOUNT NEEDED
MY MONTHLY INCOME
SORT BY
Showing 18 loans
🏆 #1 · Lowest flat rate
Co-opbank Pertama
Co-opbank Pertama Lestari-i
Lowest rate for government servants
IslamicGovt OnlyNo Processing FeeNo Early Settlement Fee
3.45%
flat p.a.
EIR 6.31%
Max Loan
Up to RM400k
Tenure
1–10 years
Min. Income
RM1,500/mo
Processing Fee
Free
RM30,000 over 5 yrs
Est. monthlyRM586.25
- ✓Lowest flat rate 3.45% p.a.
- ✓Government & GLC employees
- ✓Salary deduction via Biro Angkasa
Details & reviews →Apply Now →
Bank Rakyat
Bank Rakyat Personal Financing-i
Lowest rate for government servants
IslamicGovt OnlyNo Processing FeeNo Early Settlement Fee
3.65%
flat p.a.
EIR 6.82%
Max Loan
Up to RM400k
Tenure
1–10 years
Min. Income
RM1,000/mo
Processing Fee
Free
RM30,000 over 5 yrs
Est. monthlyRM591.25
- ✓Lowest flat rate 3.65% p.a.
- ✓For government & GLC employees
- ✓Salary deduction via Biro Angkasa
Details & reviews →Apply Now →
GXBank
GX Bank FlexiCredit
Lowest private-sector rate, 100% digital
Private OKNo Processing FeeNo Early Settlement FeeDigital Bank
3.78%
flat p.a.
EIR 6.45%
Max Loan
Up to RM150k
Tenure
1–5 years
Min. Income
RM1,500/mo
Processing Fee
Free
RM30,000 over 5 yrs
Est. monthlyRM594.50
- ✓Lowest rate from 3.78% p.a. (all sectors)
- ✓Credit limit up to RM150,000
- ✓Fully digital — instant approval & disbursement
Details & reviews →Apply Now →
AEON Bank
AEON Bank Personal Financing-i
Digital Shariah financing from 3.88%
IslamicPrivate OKNo Processing FeeNo Early Settlement FeeDigital Bank
3.88%
flat p.a.
EIR 7.10%
Max Loan
Up to RM100k
Tenure
1–7 years
Min. Income
RM2,500/mo
Processing Fee
Free
RM30,000 over 5 yrs
Est. monthlyRM597.00
- ✓Low profit rate from 3.88% p.a.
- ✓100% digital, Shariah-compliant
- ✓Financing from RM1,000 to RM100,000
Details & reviews →Apply Now →
UOB Bank
UOB Personal Loan
Low floor rate for high earners (from 3.99%)
Private OKNo Processing Fee
3.99%
flat p.a.
EIR 7.31%
Max Loan
Up to RM150k
Tenure
1–5 years
Min. Income
RM3,000/mo
Processing Fee
Free
RM30,000 over 5 yrs
Est. monthlyRM599.75
- ✓Flat rate from 3.99% p.a. — best for income RM7,000+
- ✓Most applicants pay a higher rate (up to 10.99%)
- ✓No processing fee, guarantor or collateral
Details & reviews →Apply Now →
CIMB Bank
CIMB Cash Plus Personal Financing
Low rate from 4.38%, min income RM2,000
Private OKNo Processing Fee
4.38%
flat p.a.
EIR 8.02%
Max Loan
Up to RM100k
Tenure
1–5 years
Min. Income
RM2,000/mo
Processing Fee
Free
RM30,000 over 5 yrs
Est. monthlyRM609.50
- ✓Competitive flat rate from 4.38% p.a.
- ✓Min income only RM2,000/month
- ✓Instant online approval
Details & reviews →Apply Now →
MBSB Bank
MBSB Personal Financing-i
High loan amount for civil servants
IslamicGovt OnlyNo Processing FeeNo Early Settlement Fee
4.49%
flat p.a.
EIR 8.24%
Max Loan
Up to RM200k
Tenure
1–10 years
Min. Income
RM2,000/mo
Processing Fee
Free
RM30,000 over 5 yrs
Est. monthlyRM612.25
- ✓Up to RM200,000 loan amount
- ✓Government employees only
- ✓Shariah-compliant
Details & reviews →Apply Now →
BSN
BSN MyRinggit-i (Public Sector)
Low fixed rate for civil servants via Biro Angkasa
IslamicGovt OnlyNo Processing FeeNo Early Settlement Fee
4.60%
flat p.a.
EIR 8.42%
Max Loan
Up to RM400k
Tenure
1–10 years
Min. Income
RM1,000/mo
Processing Fee
Free
RM30,000 over 5 yrs
Est. monthlyRM615.00
- ✓Fixed rate from 4.60% p.a. (public sector)
- ✓Government & statutory body employees
- ✓Salary deduction via Biro Angkasa
Details & reviews →Apply Now →
Alliance Bank
Alliance CashFirst Personal Loan
No early settlement fee, 7-year tenure
Private OKNo Processing FeeNo Early Settlement Fee
4.99%
flat p.a.
EIR 9.13%
Max Loan
Up to RM150k
Tenure
1–7 years
Min. Income
RM2,500/mo
Processing Fee
Free
RM30,000 over 5 yrs
Est. monthlyRM624.75
- ✓Zero early settlement fee
- ✓Up to 7-year tenure
- ✓No processing fee
Details & reviews →Apply Now →
Bank Islam
Bank Islam Personal Financing-i
Lowest min income RM1,500, 10-year tenure
IslamicPrivate OKNo Processing FeeNo Early Settlement Fee
5.50%
flat p.a.
EIR 10.04%
Max Loan
Up to RM100k
Tenure
1–10 years
Min. Income
RM1,500/mo
Processing Fee
Free
RM30,000 over 5 yrs
Est. monthlyRM637.50
- ✓Min income only RM1,500/month
- ✓Up to 10-year tenure
- ✓Shariah-compliant (Tawarruq)
Details & reviews →Apply Now →
RHB Bank
RHB Personal Financing-i
Islamic, long tenure up to 7 years
IslamicPrivate OKNo Processing FeeNo Early Settlement Fee
5.99%
flat p.a.
EIR 10.98%
Max Loan
Up to RM150k
Tenure
1–7 years
Min. Income
RM2,000/mo
Processing Fee
Free
RM30,000 over 5 yrs
Est. monthlyRM649.75
- ✓Shariah-compliant (Tawarruq)
- ✓Up to 7-year tenure
- ✓No processing fee
Details & reviews →Apply Now →
Affin Bank
Affin Islamic Personal Financing-i
Islamic financing, open to private & govt sector
IslamicPrivate OKNo Processing FeeNo Early Settlement Fee
5.99%
flat p.a.
EIR 10.98%
Max Loan
Up to RM250k
Tenure
1–8 years
Min. Income
RM2,000/mo
Processing Fee
Free
RM30,000 over 5 yrs
Est. monthlyRM649.75
- ✓Profit rate from 5.99% p.a.
- ✓Up to RM250,000 financing
- ✓Tenure up to 8 years
Details & reviews →Apply Now →
Maybank
Maybank Personal Loan
Widest branch network, fast approval
Private OK
6.50%
flat p.a.
EIR 11.78%
Max Loan
Up to RM100k
Tenure
1–6 years
Min. Income
RM3,000/mo
Processing Fee
1% of approved loan
RM30,000 over 5 yrs
Est. monthlyRM662.50
- ✓Fast 1-day approval
- ✓Fixed monthly repayment
- ✓Open to private sector
Details & reviews →Apply Now →
Public Bank
PublicMoney Personal Loan
Trusted brand, stable rates
Private OK
6.80%
flat p.a.
EIR 12.31%
Max Loan
Up to RM150k
Tenure
1–5 years
Min. Income
RM2,000/mo
Processing Fee
1% of loan
RM30,000 over 5 yrs
Est. monthlyRM670.00
- ✓Fixed interest rate
- ✓Available at all Public Bank branches
- ✓Existing customers get priority
Details & reviews →Apply Now →
AmBank
AmBank Personal Loan
Flexible amounts from RM3,000
Private OK
6.99%
flat p.a.
EIR 12.69%
Max Loan
Up to RM100k
Tenure
1–5 years
Min. Income
RM2,000/mo
Processing Fee
1% of loan amount
RM30,000 over 5 yrs
Est. monthlyRM674.75
- ✓Low starting amount RM3,000
- ✓Quick approval process
- ✓Apply at any AmBank branch
Details & reviews →Apply Now →
Bank Muamalat
Bank Muamalat Cash-i Personal Financing-i
Up to RM250k, long tenure, Shariah-compliant
IslamicPrivate OKNo Processing FeeNo Early Settlement Fee
6.99%
flat p.a.
EIR 12.69%
Max Loan
Up to RM250k
Tenure
1–7 years
Min. Income
RM3,000/mo
Processing Fee
Free
RM30,000 over 5 yrs
Est. monthlyRM674.75
- ✓Profit rate from 6.99% p.a.
- ✓Financing up to RM250,000
- ✓Govt-servant package from RM1,500 income / 9-yr tenure
Details & reviews →Apply Now →
Hong Leong Bank
HLB Personal Loan
Up to RM100k, fast processing
Private OKNo Processing Fee
7.20%
flat p.a.
EIR 13.00%
Max Loan
Up to RM100k
Tenure
2–5 years
Min. Income
RM3,000/mo
Processing Fee
Free
RM30,000 over 5 yrs
Est. monthlyRM680.00
- ✓No processing fee
- ✓Apply online via HLB Connect
- ✓Fixed monthly installment
Details & reviews →Apply Now →
Standard Chartered
Standard Chartered CashOne
Highest loan amount up to RM250,000
Private OKNo Processing Fee
7.99%
flat p.a.
EIR 14.48%
Max Loan
Up to RM250k
Tenure
1–5 years
Min. Income
RM3,000/mo
Processing Fee
Free
RM30,000 over 5 yrs
Est. monthlyRM699.75
- ✓Highest loan limit RM250,000
- ✓Instant approval for existing SC customers
- ✓No processing fee
Details & reviews →Apply Now →
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.
Personal Loan Guide — Malaysia 2026
Government servants (kakitangan kerajaan) enjoy significantly lower interest rates — as low as 3.45% flat — because salary deductions via Biro Angkasa eliminate default risk for banks. Private-sector employees typically pay 3.78%–9% flat rate.
Personal Financing-i uses the Tawarruq (commodity murabahah) structure — you receive cash without paying interest (riba). Instead, a profit rate is charged, comparable to conventional rates. Bank Rakyat, Co-opbank Pertama, Bank Islam, AEON Bank, RHB and MBSB offer fully Shariah-compliant personal financing.
Banks assess your CCRIS/CTOS credit report, income, existing debt commitments and employer type. A clean credit history and stable income get you the best rates. Government servants and professionals (doctors, engineers, lawyers) often get preferential rates.
DSR is your total monthly loan commitments divided by gross income. Bank Negara Malaysia guidelines recommend DSR not exceed 60%. If your DSR is already 50%, you may only qualify for a small additional loan. Use the eligibility calculator above to check affordability.