Borrow RM1,000 in Malaysia — Best Rates & Monthly Repayment
Compare what a RM1,000 personal loan actually costs across 2 banks. Below is the real monthly repayment for each lender at 1, 3, 5 and 7-year tenures, plus the salary you'd need to qualify — updated 21 Jun 2026, 4:48 PM MYT.
GXBank has the lowest rate at 3.78% p.a. flat — about RM19.82/month over 5 years (RM1,189 total).
You'd need roughly RM33/month gross income to stay within the 60% debt-service-ratio (DSR) guideline at 5 years.
Monthly repayment for a RM1,000 loan
| Bank & rate | 1 yr | 3 yr | 5 yr | 7 yr |
|---|---|---|---|---|
GXBank 3.78% · EIR 6.45% | RM86.48/mo | RM30.93/mo | RM19.82/mo | — |
AEON Bank 3.88% · EIR 7.10% | RM86.57/mo | RM31.01/mo | RM19.90/mo | RM15.14/mo |
Figures use each bank's advertised flat rate; your actual rate depends on your income and CCRIS/CTOS profile. “—” means that tenure isn't offered.
Frequently asked questions
At the lowest rate (3.78% from GXBank), about RM19.82/month over 5 years — RM1,189 in total. Higher rates cost more; see the full table above.
GXBank at 3.78% p.a. flat (EIR 6.45%) is the lowest rate for this amount.
Roughly RM33/month to stay within the 60% DSR guideline at 5 years. Lower incomes can still qualify with fewer existing commitments.