Al Rajhi Bank Personal Financing-i

  • Profit Rate
    4.99% p.a. ~ 10.5% p.a.
  • Max. Financing Amount
    RM 150,000
  • Approval Duration
    Up to 2 business days

Calculate your financing repayment instantly

RM
year(s)
RM
You Pay
RM 89 /mth
Profit Rate
Total Profit Payable
RM 70
Total Repayment
RM 1,070

More details

  • icon Features Features

    Approval Duration
    Up to 2 business days
    Min. Financing Amount
    RM 10,000
    Max. Financing Amount
    RM 150,000

    Other features

    Min. Financing Tenure
    1 year
    Max. Financing Tenure
    Up to 8 years based on monthly income
    Debt Consolidation
    Available through Balance Transfer Program

  • icon Eligibility/Documents Eligibility/Documents

    Employment Eligibility
    Salaried only
    Age Requirement
    25-60 years old
    Min. Monthly Salary
    RM 5,000

    Other eligibility requirements

    Employment Eligibility
    Salaried only
    Salary Slip
    2 months
    EPF Statement
    6 months

  • icon Fees and charges Fees and charges

    Processing Fees
    Free
    Stamp Duty
    0.5% of financing amount

    Other Fees and charges

    Late Payment Charges
    As per internal Shariah Ruling

If you're not sure which loan is right for you, we can help!

How do you apply for a personal financing online?

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Step 1

Use our personal financing calculator to find the best personal financing based on your requirements and eligibility.

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Step 2

Select the best product that fits your requirements from the list of recommended personal financing products listed and click on the Apply button.

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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.

Review by iMoney

  • No, you are required to settle all overdue payments before applying. It is advised that you continue repaying your financing on time for another three months before reapplying, but subject to the banks own credit assessment.
  • Financing amount of up to eight times your monthly gross salary or up to RM150,000 for a maximum tenure of 8 years.
  • One time set-up fee: Stamp duty of 0.5% on financing amount to be deducted upfront before financing disbursement (as per Stamp Duty Act 1989). Recurring payments: Monthly payment comprising principal amount and profit charge. The profit rate ranges from 4.99% to 9.50% p.a depending on gross income and financing tenure. Late penalty charge: In compliant with Al Rajhi Bank’s Shariah ruling.
  • Upon completing an application with iMoney, our representative will contact you within the same business day to confirm your application. Thereafter, Al-Rajhi Bank will require an average of two business days (not including Saturdays, Sundays, and public holidays) before approval or disbursement. You are required to furnish the following documents for your financing application: Copy of NRIC (front and back) 3 months (most current) salary slips 3 months (most current) bank statements EPF statement (most current) Certification letter by your current employer (if available)
  • Applicant must be at least 25 years of age Lowest profit rate of 4.99% flat p.a is for 1 to 2 years financing tenure with monthly gross salary of RM15,000 & above An employee of a private sector with a minimum gross salary of RM5,000 per month Takaful protection is strongly encouraged