What Is a Personal Loan?
A personal loan is an unsecured loan that allows individuals to borrow money from a bank or
financial institution without needing to provide collateral, such as property or assets. The loan
is typically repaid through fixed monthly installments over a set term, usually ranging from 1
to 10 years.
How Does a Personal Loan Work?
1.Loan Application – The borrower applies for a personal loan from a bank or
financial institution.
2.Loan Approval – The lender assesses the borrower’s financial standing, including
income, credit score (CCRIS/CTOS), and debt service ratio (DSR), before granting
approval.
3.Disbursement of Funds – Once the loan is approved, the funds are transferred to the
borrower’s bank account.
4.Repayment – The borrower repays the loan in equal monthly installments, which
cover both the principal and the interest until the loan is paid off.
Key Features of a Personal Loan
• Unsecured Loan – No collateral required, unlike loans for cars or homes.
• Fixed Interest Rate – The interest rate is typically fixed, which makes repayment
amounts predictable.
• Flexible Loan Amount – Loan amounts usually range from RM5,000 to RM300,000,
depending on the borrower’s financial profile.
• Flexible Loan Tenure – Loan terms can range from 1 to 10 years.
• Fast Approval and Disbursement – Some lenders approve loans within 24-48 hours.
Types of Personal Loans
1. Conventional Personal Loan
o These are standard loans with fixed monthly repayments and interest rates,
offered by banks and financial institutions.
o Ideal for individuals needing funds for personal use, emergency expenses, or
debt consolidation.
2. Islamic Personal Financing
o This type of loan is based on Shariah-compliant principles, such as Murabaha
or Tawarruq.
o Instead of charging interest, it uses a profit-sharing model.
o Suitable for borrowers who prefer Islamic financial solutions.
To qualify for a personal loan, borrowers typically need to meet the following requirements:
• Age – Usually between 21 and 60 years old, although this can vary by lender.
• Minimum Income – Typically ranges from RM3,000 to RM5,000 per month,
depending on the lender.
• Employment Status – Borrowers must be employed, self-employed, or a business
owner.
• Debt Service Ratio (DSR) – The borrower’s DSR should not exceed 60% of their
monthly income.
• Credit Score – A good credit score (CCRIS/CTOS) is important for loan approval.
Advantages of a Personal Loan
• No Need for Collateral – Unlike secured loans (like home or car loans), no assets are
required to be pledged.
• Quick Loan Approval and Disbursement – Some banks can approve loans within
just 24 to 48 hours.
• Flexible Use – Personal loans can be used for a wide variety of purposes, such as
medical bills, home improvements, education, or debt consolidation.
• Predictable Repayments – With fixed monthly payments, budgeting becomes easier.
Disadvantages of a Personal Loan
• Higher Interest Rates – Compared to secured loans, personal loans often have higher
interest rates (usually between 6%-15%).
• Strict Approval Requirements – Loan approval is based on your credit score,
income, and employment status.
• Potential Debt Risks – If repayments are not managed well, they could lead to
financial difficulty.Who Should Consider a Personal Loan?
• Those facing unexpected or urgent financial needs, such as medical bills or home
repairs.
• Individuals looking to consolidate existing debts into a single loan with a lower
interest rate.
• Small business owners in need of extra capital for business expansion.
• Salaried employees who need short-term financial support.
Frequently Asked Questions (FAQ)
1,Will my credit score be affected if I apply for a personal loan? Yes. When you
apply for a loan, the bank will check your credit report (CCRIS/CTOS). A rejected
loan application or missed payments can negatively impact your credit score.
2.How long does it take for loan approval? The approval process varies. Some banks
may approve loans within 24-48 hours, while others might take a few weeks.
3.Can I repay my loan early? Yes, but some lenders charge early settlement fees,
usually between 1% and 3% of the outstanding balance. Be sure to check the loan
terms before applying.
4.What happens if I miss a payment? Missing payments can result in:
o Penalty fees
o Increased interest charges
o Damage to your credit score
5.How much can I borrow with a personal loan? The maximum loan amount
depends on factors like your income, creditworthiness, and the bank’s policies. Most
banks offer loans up to RM300,000, but it varies based on the individual.
Conclusion: Is a Personal Loan the Right Option for You?
A personal loan can be a helpful financial tool for covering urgent expenses, consolidating
debt, or funding personal projects. However, it is important to ensure that you can manage the
loan repayments to avoid financial strain. If used responsibly, a personal loan can be a smart
way to access the funds you need.
无论您是想整合信用卡债务、支付医药费、装修房屋，或是应对突发开销，一笔灵活、利率合理的个人贷款（Personal Loan），都是您资金周转的好帮手。
贷款金额高达 RM150,000
贷款利率低至 3.88% 起
还款期限灵活，最长可达10年
无需抵押，无担保人
最快24小时审批，极速放款
信用评分低也有机会获批
在职人士 / 公务员 / 自雇人士
需要合并信用卡债务者
急需现金周转者
计划旅游、装修、婚礼等大型开支
年龄介于 21 至 60 岁之间
马来西亚公民或持有合法工作签证
月收入至少 RM1,500（不同银行有不同标准）
提供身份证、薪资单、银行结单等基本文件
| 银行/平台 | 利率（起） | 最长期限 | 备注 |
|---|---|---|---|
| Maybank | 3.88% | 6年 | 快速放款，支持线上申请 |
| RHB | 4.88% | 7年 | 可自动扣账还款 |
| AEON Credit | 5.99% | 5年 | 适合信用评分较低者 |
| Bank Rakyat | 2.31% | 10年 | 特别适合公务员 |
Q: 我信用不好，还可以申请个人贷款吗？
A: 有些贷款机构接受低信用评分客户，您仍有机会获得批准。
Q: 需要抵押财产或找担保人吗？
A: 无需抵押也无需担保人，是纯信用贷款。
Q: 多久可以放款？
A: 审批通过后最快24小时内放款至您的账户。
📱 WhatsApp：+60 11‑1077 2286
📧 Email：[email protected]
文件需求：
Malaysia