Get approved in just 48 hours with no processing fees, collateral, or guarantor needed - making the process hassle-free and efficient.
Approved loan amount of up to RM200,000
Sign up and Apply now for an Alliance CashFirst Personal Loan and enjoy rate as low as 4.99% p.a for 1 year tenure
Features
Eligibility & Required Documents
Fees and charges
Explore our Suggest Me Personal Loan tool to identify the best personal loan based on your requirements and eligibility.
Select the best product that fits your requirements from the list of recommended personal loan products listed and click on the Apply button.
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.
Founded in 1958, Alliance Financial Group has grown from its early beginnings into a dynamic, full-service financial institution. Through decades of strategic mergers and innovations, we have evolved into a trusted name in banking, Islamic banking, investment, and insurance.
Today, Alliance stands as a customer-focused financial group, committed to helping individuals and businesses achieve their goals with smart, innovative, and holistic financial solutions.
The Alliance Bank CashFirst Personal Loan is an unsecured conventional personal loan. Similar to its Islamic personal financing counterpart, this personal loan allows you to increase your cash flow for various purposes such as personal consumption, home renovation, business purposes, and so forth.
The interest rate starts from 4.99% per annum, and you may borrow up to RM200,000. There are no processing fees, guarantor or collateral required, and no early settlement penalty*.
To apply for an Alliance Bank CashFirst personal loan, all you need to do is click on the “Apply” button on the top right of your screen, fill out the required information, and wait for one of our friendly customer care agents to get in touch with you. They will assist you with checking your eligibility, the required documents you need to prepare, and other important information you need to be aware of.
After submission, the bank will review your application and may request more details if needed. If approved, you'll receive an offer; review the terms and conditions before accepting. Alternatively, you may visit Alliance Bank’s website to apply or go to a branch nearest you.
Eligibility requirements:
Once you have completed your application with iMoney, you are required to provide the following documents for your application:
*A rebate on the Interest Rate will be granted for the remaining instalment unserved.
The minimum loan amount is RM5,000. The maximum you can borrow is up to 7 times your fixed monthly gross salary or up to RM300,000. For example, if you are earning RM3,000 a month, you are eligible to borrow up to RM21,000.
The Alliance Bank CashFirst Personal Loan offers a low-interest personal financing, which is based on a fixed interest rate (flat) ranging from 4.99% per annum (or per year) for 1 years tenure, 5.99% per annum for 2 years tenure, 8.7% per annum for 3 & 4 years tenure and 9.78% to 15.28% for longer tenure per annum, throughout the entire financing tenure.
Personal financing rate may vary based on individual risk rating:
| Financing tenure of 1 year | Financing tenure of 2 years | Financing tenure of 3 – 4 years | Financing tenure above 5 years |
| Fixed interest rate from 4.99% per annum (Flat) throughout the entire financing tenure | Fixed interest rate from 5.99% per annum (Flat) throughout the entire financing tenure | Fixed interest rate from 8.7% per annum (Flat) throughout the entire financing tenure |
Fixed interest rate ranging from 9.7% and 15.28% per annum (Flat) throughout the entire financing tenure
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The personal financing interest rate is based on individual risk rating. Having a higher salary lowers your risk rating as it reflects that you are less likely to default in your financial obligations (or conditions) of a financing. However, that’s just one factor the bank considers when they are approving your financing.
One-time set-up fee: A stamp duty fee of 0.5% on the loan amount will be deducted upfront before your loan amount is given to you or disbursed to you. Remember, when you are applying through iMoney, there will be no deposit or other upfront charges payable to iMoney.
Late payment charges: 1% on the outstanding loan amount. Late payment charges will increase your total outstanding loan amount
Other fees: Alliance Bank CashFirst Personal Loan does not charge a processing fee, or early settlement fee*.
* No early settlement penalty imposed if you provide Alliance Bank with
The Alliance Bank CashFirst personal loan calculator helps borrowers understand their loan options and make informed decisions. It estimates monthly repayments, total interest payable, and overall loan cost based on the desired amount, repayment period, and interest rate. Users can input their desired loan amount, select a repayment tenure, and monthly salary.
It shows users an instant breakdown of estimated monthly payments and total repayment. This tool provides clarity on financial commitments before borrowing and aids in comparing scenarios or evaluating savings with different plans or rates.
To download the Alliance Bank CashFirst personal loan application form, go to the official website and navigate to the personal loans section. Look for a “Download Application Form” link or button. Ensure you have a PDF reader to open and complete the form. If you can't find it online, contact Alliance Bank's customer service for assistance.
Yes, you can apply online via the iMoney application form, or you can visit their official website for detailed instructions. Fill out the form with your personal, employment, and financial details. After submission, Alliance Bank promptly reviews your application, providing quick feedback on eligibility so you can make informed financial decisions without delay.
The bank can take up to 48 hours to process and approve your loan upon receiving all your information and documents. To speed up the process, you can complete the application through iMoney where our call centre consultant will walk you through the eligibility checker, application form, and advise you on the required document submission.
To check your Alliance Bank CashFirst personal loan application status, you have several options. Visit the Alliance Bank website, log in, and navigate to the loan section for real-time updates on your application.
Alternatively, contact their customer service via phone or visit a local branch with your application reference number for assistance. You may also receive email or SMS notifications about your application's progress. These methods help you efficiently track and manage your loan application status with ease.
As with any personal loan, you will be required to make monthly repayments, which comprise the principal amount and profit charge. How much you pay per month depends on your loan amount, tenure, and interest rate.
For example, if you borrow RM50,000 at an interest rate of 4.99% over 5 years, your monthly repayment will be around RM1,041. Use the personal loan calculator above to calculate your monthly repayment.
To manage your Alliance Bank CashFirst personal loan efficiently, it's important to stay informed about your balance. Here are convenient ways to do so:
You can make loan repayments for the Alliance Bank CashFirst personal loan with the following methods:
You may download the Alliance Bank CashFirst personal loan repayment table here.
A late payment fee of 1% per annum will be charged upon the amount due.
Yes, you may. There will be a rebate for early settlement on the interest rate. For more information, please download the product disclosure sheet for the Alliance Bank CashFirst personal loan.
To contact Alliance Bank's customer service, call 03-5516 9988 for general inquiries during regular business hours. For specific support like online banking or credit card services, check their website under "Contact Us" for additional numbers and updates, or visit any Alliance Bank branch. You can also use email or live chat on their site for digital communication.
Unfortunately, no. Alliance Bank will check your credit history as part of their approval process. You are required to settle all overdue payments before applying and keep a healthy credit record before you apply for a personal loan. It is advised that you continue repaying your loans on time for another three months before reapplying.
Check your iMoney CreditScore for free to find out how your credit health is.
No, you may not apply for the loan if your name is blacklisted.
CIMB Bank Cash Plus Personal Loan
If you find the minimum requirement of RM3,000 a month is tough to meet, you may consider CIMB Bank Cash Plus Personal Loan. This loan has a low minimum income requirement of only RM2,000. It also comes with a fixed interest rate that starts from 6.88% p.a. and a maximum loan tenure of 5 years.
Al Rajhi Bank Personal Financing-i
Looking for a loan with a longer tenure? Try Al Rajhi Bank Personal Financing-i, which offers tenure of 8 years. It also comes with a low flat interest rate starting from 6.99% p.a. However, it does have a slightly higher minimum income requirement of RM5,000.
