Maybank Personal Loan

  • Interest Rate
    8% p.a. ~ 6.5% p.a.
  • Max. Loan Amount
    RM 100,000
  • Approval Duration
    Up to 2 business days

Calculate your loan repayment instantly

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

Key Features

Approved loan amount of up to RM100,000.

Approved loan amount of up to RM100,000.

Fixed interest rate starting at 0.54% per month

Fixed interest rate starting at 0.54% per month

Fixed interest rate starting at 0.54% per month

Loan approval within 2 business days (48 hours)

More details

  • icon Features Features

    Approval Duration
    Up to 2 business days
    Min. Loan Amount
    RM 5,000
    Max. Loan Amount
    RM 100,000

    Other features

    Maximum Loan Tenure
    6 years

  • icon Eligibility/Documents Eligibility/Documents

    Age Requirement
    21-60 years old
    Min. Monthly Salary
    RM 3,500

    Other eligibility requirements

    Linked Bank Account
    Yes

  • icon Fees and charges Fees and charges

    Processing Fees
    N/A
    Stamp Duty
    N/A

    Other Fees and charges

    Late Payment Charges
    1% on outstanding loan amount

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

How do you apply for a personal loan online?

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Step 1

Use our personal loan calculator to find the best personal loan 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 loan 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

Overview

Maybank Personal Loan is an unsecured personal loan for Malaysian citizens who would like to finance with a minimum amount of RM5,000 up to RM100,000. To be able to enjoy a low interest rate, the loan amount should be RM50,001 up to RM100,000 (6.5% per annum), RM20,001 up to RM50,000 (7% per annum) but if you are planning to apply for a low amount around RM5,000 to RM20,000, your interest rate would be at 8% per annum. It is a hassle free loan with no guarantor or collateral needed but to be eligible to apply for this loan, one must be employed with a minimum monthly gross income of RM2,500 and must be at least 21 years old.

To get the loan approved it all depends on the applicant’s credit ratings. You can enjoy minimum loan tenure of 2 years and a maximum tenure of 6 years. If you are an applicant with full-time employment, you will need to prepare a clear copy of your NRIC (front and back), latest 3 months salary slips, latest 6 months savings account activity OR current account statements and latest BE form with tax payment receipt attached. If you are a self-employed applicant, you will need to prepare a clear copy of your NRIC (front and back), latest 6 months bank statements, latest BE form with tax payment receipt attached and a copy of your Business Registration Certificate. Be sure that you have settled any overdue payments for your other commitments because you will not be eligible to apply for a personal loan if you have a bad credit record (CTOS/CCRIS).

  • Applicant must be between the age of 21 to 60 to qualify. Applicant must be a Malaysian citizen or permanent resident employed as a Government servant, employee of a private sector organization, or self-employed with a minimum gross salary of RM2,500 per month. Opening of a linked bank account is compulsory.