Compare and Choose the best Personal Loans
to help you reach your goals


We found 48 personal loan(s) for you!
- You Pay
- /mth
- Interest Rate
- % p.a.
- Max. Loan Amount
- RM 150,000
- Total Repayment
Lowest fixed rate
Enjoy 24hours express approval that is convenient and flexible
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- Approval Duration
- Up to 48 hours
- Min. Loan Tenure
- 1 year
- Max. Loan Tenure
- 7 years
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- Employment Eligibility
- Salaried, self employed, commission earner
- Age Requirement
- 21-60 years old
- Min. Monthly Salary
- RM 3,000
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- You Pay
- /mth
- Interest Rate
- % p.a.
- Max. Loan Amount
- RM 150,000
- Total Repayment
Within 24 hours with affordable repayment plan
Enjoy 24 hours express approval that is convenient & flexible at the same time
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- Approval Duration
- Within 24 hours
- Min. Loan Tenure
- 1 year
- Max. Loan Tenure
- 7 years
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- Employment Eligibility
- Salaried, self employed, commission earner
- Age Requirement
- 21-55 years old
- Min. Monthly Salary
- RM 1,500
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- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 250,000
- Total Repayment
-
- Approval Duration
- Up to 1 business day (Approval turnaround time (TAT) is subject to fresh loan (no overlapping))
- Min. Financing Tenure
- 2 years
- Max. Financing Tenure
- 10 years
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- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 200,000
- Total Repayment
-
- Approval Duration
- 3 working days
- Min. Financing Tenure
- 1 year
- Max. Financing Tenure
- 10 years
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- Employment Eligibility
- Permanent civil servant only
- Age Requirement
- 18-58 years old
- Min. Monthly Salary
- RM 3,000
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- Stamp Duty
- 0.5% on financing amount
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 150,000
- Total Repayment
-
- Approval Duration
- 1-2 weeks
- Min. Financing Tenure
- 1 year
- Max. Financing Tenure
- 10 years
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- Processing Fees
- Free
- Stamp Duty
- 0.5% on loan amount (Original Copy) + RM10 (Photocopy)
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 150,000
- Total Repayment
-
- Approval Duration
- 1-2 Weeks
- Min. Financing Tenure
- 1 year
- Max. Financing Tenure
- 10 years
-
- Employment Eligibility
- Permanent government servant
- Age Requirement
- 21-58 years old or 1 year before retirement
- Min. Monthly Salary
- RM 1,500
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- Processing Fees
- Free
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 200,000
- Total Repayment
-
- Approval Duration
- 2 business days
- Min. Financing Tenure
- 5 years
- Max. Financing Tenure
- 5 years
-
-
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 250,000
- Total Repayment
-
- Approval Duration
- 3-5 Working Days
- Min. Financing Tenure
- 1 year
- Max. Financing Tenure
- 10 years
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- Employment Eligibility
- Government Status (Permanent status) and Length of Current Employment 6 months
- Age Requirement
- 21-60 years old or 1 year before retirement (whichever is earlier)
- Min. Monthly Salary
- RM 1,500
-
- Processing Fees
- Free
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 200,000
- Total Repayment
-
- Approval Duration
- 7 business days
- Min. Financing Tenure
- 2 years
- Max. Financing Tenure
- 10 years
-
- Employment Eligibility
- Salaried
- Age Requirement
- 18-58 years old
- Min. Monthly Salary
- RM 2,000
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- Stamp Duty
- Nominal amount of RM10.00 (per document)
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 200,000
- Total Repayment
-
- Approval Duration
- Up to 3 business days
- Min. Financing Tenure
- 1 year
- Max. Financing Tenure
- 10 years
-
-
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 150,000
- Total Repayment
-
- Approval Duration
- Up to 2 business days
- Min. Financing Tenure
- 1 year
- Max. Financing Tenure
- 8 years
-
- Employment Eligibility
- Salaried only
- Age Requirement
- 25-60 years old
- Min. Monthly Salary
- RM 5,000
-
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 150,000
- Total Repayment
-
- Approval Duration
- Up to 48 hours
- Min. Financing Tenure
- 1 year
- Max. Financing Tenure
- 7 years
-
- Employment Eligibility
- Salaried, self employed, commission earner
- Age Requirement
- 21-60 years old
- Min. Monthly Salary
- RM 3,000
-
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 200,000
- Total Repayment
-
- Approval Duration
- Up to 5 business days
- Min. Financing Tenure
- 1 year
- Max. Financing Tenure
- 10 years
-
-
- You Pay
- /mth
- Interest Rate
- % p.a.
- Max. Loan Amount
- RM 250,000
- Total Repayment
-
- Approval Duration
- Up to 2 business days
- Min. Loan Tenure
- 5 years
- Max. Loan Tenure
- 5 years
-
-
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 100,000
- Total Repayment
-
- Approval Duration
- Up to 5 business days
- Min. Financing Tenure
- 1 year
- Max. Financing Tenure
- 4 years
-
-
- You Pay
- /mth
- Interest Rate
- % p.a.
- Max. Loan Amount
- RM 3,000,000
- Total Repayment
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 200,000
- Total Repayment
-
- Approval Duration
- Up to 5 business days
- Min. Financing Tenure
- 2 years
- Max. Financing Tenure
- 10 years
-
-
- You Pay
- /mth
- Interest Rate
- % p.a.
- Max. Loan Amount
- RM 300,000
- Total Repayment
-
- Approval Duration
- 5 Working Days
- Min. Loan Tenure
- 1 year
- Max. Loan Tenure
- 3 years
-
- You Pay
- /mth
- Interest Rate
- % p.a.
- Max. Loan Amount
- RM 150,000
- Total Repayment
-
- Approval Duration
- Instant Approval
- Min. Loan Tenure
- 2 years
- Max. Loan Tenure
- 5 years
-
- Employment Eligibility
- Salaried, self employed
- Age Requirement
- 21-60 years old
- Min. Monthly Salary
- RM 4,000
-
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 100,000
- Total Repayment
-
- Approval Duration
- 6-8 Working Days
- Min. Financing Tenure
- 1 year
- Max. Financing Tenure
- 10 years
-
- Employment Eligibility
- Permanent civil servant only
- Age Requirement
- 21-54 years old or 1 year before retirement
- Min. Monthly Salary
- RM 1,500
-
- Processing Fees
- Free
- You Pay
- /mth
- Interest Rate
- % p.a.
- Max. Loan Amount
- RM 150,000
- Total Repayment
-
- Approval Duration
- 2-3 Working Days
- Min. Loan Tenure
- 1 year
- Max. Loan Tenure
- 10 years
-
- Employment Eligibility
- Sector A - AG / PDRM / UPM / UiTM Sector B - State Sector C - Institute / Suruhanjaya / GLC Sector D - Majlis / Lembaga / Perbadanan / Universiti
- Age Requirement
- PDRM: 20-55 years old, Others: 20-58 years old
- Min. Monthly Salary
- RM 1,500
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- Processing Fees
- Free
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 400,000
- Total Repayment
-
- Approval Duration
- Up to 1 business day (Approval turnaround time (TAT) is subject to fresh loan (no overlapping)
- Min. Financing Tenure
- 2 years
- Max. Financing Tenure
- 10 years
-
-
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 150,000
- Total Repayment
-
- Approval Duration
- Up to 5 business days
- Min. Financing Tenure
- 1 year
- Max. Financing Tenure
- 10 years
-
-
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 200,000
- Total Repayment
-
- Approval Duration
- Up to 5 business days
- Min. Financing Tenure
- 2 years
- Max. Financing Tenure
- 10 years
-
-
- You Pay
- /mth
- Interest Rate
- % p.a.
- Max. Loan Amount
- RM 500,000
- Total Repayment
-
- Approval Duration
- 5 days
- Min. Loan Tenure
- 2 years
- Max. Loan Tenure
- 5 years
-
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 100,000
- Total Repayment
-
- Approval Duration
- Up to 2 business days
- Min. Financing Tenure
- 2 years
- Max. Financing Tenure
- 6 years
-
-
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 200,000
- Total Repayment
-
- Approval Duration
- Up to 5 business days
- Min. Financing Tenure
- 2 years
- Max. Financing Tenure
- 10 years
-
-
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 150,000
- Total Repayment
-
- Approval Duration
- 2-3 Working Days
- Min. Financing Tenure
- 1 year
- Max. Financing Tenure
- 10 years
-
- Employment Eligibility
- Sector A - AG / PDRM / UPM / UiTM
- Age Requirement
- PDRM: 20-55 years old, Others: 20-58 years old
- Min. Monthly Salary
- RM 1,500
-
- Processing Fees
- Free
- You Pay
- /mth
- Interest Rate
- % p.a.
- Max. Loan Amount
- RM 100,000
- Total Repayment
-
- Approval Duration
- Up to 2 business days
- Min. Loan Tenure
- 2 years
- Max. Loan Tenure
- 6 years
-
-
- You Pay
- /mth
- Interest Rate
- % p.a.
- Max. Loan Amount
- RM 100,000
- Total Repayment
-
- Approval Duration
- Up to 24 hours
- Min. Loan Tenure
- 2 years
- Max. Loan Tenure
- 5 years
-
-
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 150,000
- Total Repayment
-
- Approval Duration
- 3 working days
- Min. Financing Tenure
- 2 years
- Max. Financing Tenure
- 8 years
-
- Employment Eligibility
- Salaried only
- Age Requirement
- 21-60 years old
- Min. Monthly Salary
- RM 3,000
-
- You Pay
- /mth
- Interest Rate
- % p.a.
- Max. Loan Amount
- RM 150,000
- Total Repayment
-
- Approval Duration
- 2-4 Working Days
- Min. Loan Tenure
- 10 years
- Max. Loan Tenure
- 10 years
-
- Employment Eligibility
- Permanent government and semi-government employees (TNB. POS Malaysia)
- Age Requirement
- 21-47 years old
- Min. Monthly Salary
- RM 1,500
-
- Processing Fees
- Free
- You Pay
- /mth
- Interest Rate
- % p.a.
- Max. Loan Amount
- RM 150,000
- Total Repayment
-
- Approval Duration
- Up to 7 business days
- Min. Loan Tenure
- 1 year
- Max. Loan Tenure
- 5 years
-
-
- You Pay
- /mth
- Interest Rate
- % p.a.
- Max. Loan Amount
- RM 250,000
- Total Repayment
-
- Approval Duration
- Up to 5 business days
- Min. Loan Tenure
- 1 year
- Max. Loan Tenure
- 5 years
-
-
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 250,000
- Total Repayment
-
- Approval Duration
- 1 business day
- Min. Financing Tenure
- 2 years
- Max. Financing Tenure
- 10 years
-
- Employment Eligibility
- Permanent employees, Salaried, Self-Employed
- Age Requirement
- 21-60 years old
- Min. Monthly Salary
- RM 5,000
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 100,000
- Total Repayment
-
- Approval Duration
- 24/7 Approval
- Min. Financing Tenure
- 1 year
- Max. Financing Tenure
- 7 years
-
- Employment Eligibility
- Salaried, self employed, salary by cash
- Age Requirement
- 18-60 years old
- Min. Monthly Salary
- RM 1,500
-
- Processing Fees
- Maximum fee is RM400
- Stamp Duty
- 0.5% stamp duty fee is applicable
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 150,000
- Total Repayment
-
- Approval Duration
- Up to 3 business days
- Min. Financing Tenure
- 1 year
- Max. Financing Tenure
- 10 years
-
-
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 100,000
- Total Repayment
-
- Approval Duration
- Up to 2 business days
- Min. Financing Tenure
- 1 year
- Max. Financing Tenure
- 5 years
-
-
- You Pay
- /mth
- Interest Rate
- % p.a.
- Max. Loan Amount
- RM 250,000
- Total Repayment
-
-
-
- Stamp Duty
- RM10
- You Pay
- /mth
- Interest Rate
- % p.a.
- Max. Loan Amount
- RM 100,000
- Total Repayment
-
- Approval Duration
- Up to 7 business days
- Min. Loan Tenure
- 1 year
- Max. Loan Tenure
- 5 years
-
-
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 150,000
- Total Repayment
-
- Approval Duration
- Up to 2 business days
- Min. Financing Tenure
- 1 year
- Max. Financing Tenure
- 5 years
-
-
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 120,000
- Total Repayment
-
- Approval Duration
- Up to 3 business days
- Min. Financing Tenure
- 2 years
- Max. Financing Tenure
- 7 years
-
- Employment Eligibility
- Salaried, self employed, commission earner
- Age Requirement
- 21-60 years old
- Min. Monthly Salary
- RM 3,000
-
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 1,000,000
- Total Repayment
-
- Approval Duration
- Min. Financing Tenure
- 1 year
- Max. Financing Tenure
- 7 years
-
- Employment Eligibility
- Business operations minimum 3 years
- Age Requirement
- 21-70 years old
- Min. Monthly Salary
- RM 0
-
- Processing Fees
- Free
- You Pay
- /mth
- Interest Rate
- % p.a.
- Max. Loan Amount
- RM 2,000
- Total Repayment
-
- Approval Duration
- 24 hours
- Min. Loan Tenure
- 1 year
- Max. Loan Tenure
- 1 year
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- Employment Eligibility
- Salaried, self employed, commission earner (For New Cashwagon Customers Only)
- Age Requirement
- 20-60 years old
- Min. Monthly Salary
- RM 1,000
- You Pay
- /mth
- Interest Rate
- % p.a.
- Max. Loan Amount
- RM 10,000
- Total Repayment
-
-
- Employment Eligibility
- Salaried employee working in KL, Selangor & Putrajaya
- Age Requirement
- 21-55 years old
- Min. Monthly Salary
- RM 1,500
-
- You Pay
- /mth
- Interest Rate
- % p.a.
- Max. Loan Amount
- RM 50,000
- Total Repayment
-
-
- Employment Eligibility
- RM 1,000
- Age Requirement
- 18-60 years old
- Min. Monthly Salary
- RM 1,000
-
- You Pay
- /mth
- Profit Rate
- % p.a.
- Max. Financing Amount
- RM 300,000
- Total Repayment
-
- Approval Duration
- Min. Financing Tenure
- 3 years
- Max. Financing Tenure
- 7 years
-
- Employment Eligibility
- Business operations within 6 to 24 months
- Age Requirement
- 21-50 years old
- Min. Monthly Salary
- RM 0
-
- Processing Fees
- Free
- You Pay
- /mth
- Interest Rate
- % p.a.
- Max. Loan Amount
- RM 300,000
- Total Repayment
-
-
- Employment Eligibility
- Business operations within 6 to 24 months
- Age Requirement
- 18-50 years old
- Min. Monthly Salary
- RM 0
-
- Processing Fees
- Free
Other loan categories
If you're not sure which loan is right for you, we can help!
How do you apply for a personal loan online?
Step 1
Use our personal loan calculator to find the best personal loan based on your requirements and eligibility.
Step 2
Select the best product that fits your requirements from the list of recommended personal loan products listed and click on the Apply button.
Step 3
Fill in a form with your details to be submitted for application, and a representative from iMoney or the bank will call you to process the application.
Read more about Personal Loan
FAQs Personal Loans in Malaysia - FAQ
Your short-term money needs can be met by applying for a personal loan. Get relieved off the stress occasioned by urgent needs in times when you are hard up. This could help in scenarios when you want to acquire new furniture or when you have run short of funds for your honeymoon or wedding. This is highly convenient and it is a quick option for those who are in dire need of funds to rescue themselves from sudden money deficits or even the acquisition of a property that has been desired for long at the cost of an arm and a leg.
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A personal loan is an unsecured loan you borrow from a bank. This means that you can borrow money from the bank without the bank asking for any collateral. However, you should still repay your personal loan on time to avoid late penalty charges or negative impact on your credit score.
A personal loan has a shorter repayment period compared to home loans. You are usually expected to fully repay your personal loan within 10 years.
Also, unlike home or car loans, you can get a personal loan without any specific purposes. You can get it for home improvements, start a business or even for medical emergencies. However, we do not recommend getting a personal loan without careful consideration.
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Firstly, let’s find out what is a conventional loan:
A conventional loan follows conventional financing principles where lenders lend money to customers like you and earn profit from the interest you paid on your loan every month.
What is an Islamic loan?
An Islamic loan follows Shariah financing principles which prohibits Riba (interest-based transactions). Instead, it is based on the concept of earning through the sale of commodities which looks like this:
- Lending you the money is equivalent to the bank buying the item that you want to finance (e.g. car, renovation). This item is then sold to you at a markup price.
- Refinancing: This is equivalent to you “buying the item from the bank” in your monthly repayments.
You can read more about it here.
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What are secured loans?
Secured loans are where you are required to offer an asset (e.g. car, house) as a collateral in case you cannot repay your loan.
This means that the lender has a legal right to seize the asset you listed in the event you cannot repay your loan within the agreed repayment terms.
Bigger loans like home loans may also require you to list a guarantor in case you fail to repay your loan.
What are unsecured loans?
Unsecured loans are loans where the lenders are not required to list any asset as a collateral. Instead, they will assess you’re your creditworthiness based on the following criteria among other factors before they decide if they want to lend you the money:
- Your employment status
- Your proof of income (at least 6 months)
- Your credit score
These criteria will also determine how much you can borrow, your personal loan terms and interest rate.
Read more about it here.
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In Malaysia one can be able to get access to personal loans, which can be as low as RM 1000 with some even exceeding the RM 150,000 mark. The loan amount that one can be able to access is determined by the individual needs as well as their ability to repay the loan. The terms offered by the given lender will also influence the decision to be made by the client. In a situation where one needs a loan amount that exceeds what is being offered by the lender one has the alternative of taking a secured loan.
If you choose the lender to be a bank, you have to follow the necessary procedure which could involve a loan agreement which will specify details such as the amount borrowed, the interest rate being charged and the amount that is to be paid on a monthly basis. The repayment terms will also be included in the loan agreement that is the monthly payment and how long the loan payment period will be. It is a given fact that the longer repayment periods will attract higher cumulative amounts for the payment of the loan.
The types of loan offered could either be secured or unsecured loans. The personal loans that most opt for in Malaysia are the unsecured type.
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Personal loans, just like other loans, come in different forms. All the lenders have different packages with various terms. To make a prudent decision especially in the times that you are short of money, you ought to compare the different rates available in the market. You could best achieve this by making use of the iMoney's online calculator.
Getting started is pretty easy, all you have to do is to indicate the loan you prefer and specify the amount and period you want to clear the payment of it in the various available fields. The online calculator will then make it easy for you by providing suitable loan packages that are available on the market, and it is worth noting that the best rates will feature at the top. If you wish to sign for a personal loan you will then click on the Apply button. -
As alluded to earlier the good packages are the ones that attract relatively lower interest rates. This will make the cumulative amount to be paid to be much less. The market situation in Malaysia is one in which the interest rates are charged on a flat rate basis. The flat interest rate refers to a type of interest in which case the interest is charged on the original amount, this having nothing to do with what was paid initially.
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The Early Settlement Penalty;
Some banks will charge one a penalty fee for paying an amount earlier than agreed as they feel that they would not have earned enough interest on the amount loaned. The figure for this is highly variable but at times it could be as high as the interest that could be accrued in three months.Other Fees;
It is recommended that you go through the loan agreement to familiarize yourself with the other fees that may be required for a certain loan. These could include the stamp duties, processing fees as well as other one-time charges. -
Most of the lender have tight rules as far as eligibility is concerned. The eligibility terms could range from the income or even age requirements. At times the client may be asked to give the lender proof for the ownership of certain property or any other assets. Your debt liabilities would not be spared either.
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Collateral:This refers to the asset the borrower pledges to a given lender in order to secure a loan and this will be impounded by the lender in case of default in payment of the loan. The case in Malaysia particularly for the islamic personal loans don require the need for a collateral.Early settlement penalties:The fees that the borrower will have to pay in the event that he/she had settled the loan at an earlier date from the one specified on the loan agreement. This is usually estimated as a percentage of the initial loan amount.Guarantor:This a person who agrees to be liable for the payment of a loan in the event that the borrower will not be in a position to pay it in time.Late Payment Charges:This is the fee that the bank will charge you in the event you are not able to pay your loan in the agreed time schedule. The borrower has to pay for this additional fee and it is mostly at the rate of 1 % per annum.Loan/Financing tenure:This refers to the period for a certain loan. At the end of the loan tenure the borrower is supposed to have cleared the loan taken.