Since its inception in 1913, RHB Banking Group has been one of Malaysia’s leading financial institutions. RHB Bank offers prospective customers various financial services such as financing, investment, remittance, insurance, etc. It is supported by a cohesive and inspired workforce and relationships built with stakeholders. In Malaysia, RHB currently has 278 branches.
What is a personal loan?
A personal loan is a type of instalment credit provided by a financial institution (bank) to a borrower (you) in a one-time cash payment. You, as a borrower, must pay back the amount plus interest either in regular or monthly instalments over the loan’s term agreement.
What type of personal loan does RHB offer?
RHB provides 2 types of personal loans:
RHB Personal Financing Loan
RHB Personal Financing-i
Personal Financing-i for Civil Sector
Personal Financing-i for Private Sector
Personal Financing-i for Pensioner
What are the eligibility to apply for RHB personal loans?
The eligibility for individuals to apply for RHB personal loans are as follows:
RHB Personal Financing Loan
Private-sector employee
Between 21 to 55 years old
Minimum annual income of RM18,000
RHB Personal Financing-i
Personal Financing-i for Civil Sector
Federal/ state government/ selected GLCs employee
Between 18 to 58 years old
Minimum monthly income of RM2,000 (inclusive fixed allowance)
Personal Financing-i for Private Sector
Malaysian citizen
Private-sector employee
Personal Financing-i for Pensioner
Malaysian citizen
40 years old and above
Why should I choose RHB personal loans?
You can have a fixed monthly instalment
Shariah-compliant personal financing loans are available
Profit rate as low as 8.18% p.a.
There are numerous other reasons you should choose RHB personal loans.
What are the benefits I can enjoy from RHB personal loans?
RHB personal loans can provide you with the following benefits:
RHB Personal Financing Loan
No guarantor or collateral is required
Get instant financing of up to RM150,000
On-the-spot approval and disbursement
You can enjoy up to 7 years of tenure
You can also consolidate your debts
As low as RM57.54 per month
RHB Personal Financing-i for Civil Sector
Financing of up to RM200,000 is available
Payment terms of up to 10 years are available
A guarantor is not required
A salary deduction plan
RHB Personal Financing-i for Private Sector
Financing of up to RM100,000 is available
Debt consolidation
RHB Personal Financing-i for Pensioner
Exclusively for Malaysian government pensioners
Financing of up to RM100,000 is available
Payment terms of up to 10 years are available
A guarantor is not required
What are the documents required for RHB personal loans?
When applying for RHB personal loans, the following documents are required:
RHB Personal Financing Loan
Salaried employee
Copy of MyKad (front and back)
Latest 1-month salary slip, bank statement, or 6-month EPF statement
Self-employed
Copy of MyKad (front and back)
Business Registration Certificate (company must be at least 2 years old)
Latest 6-month bank statement
Latest Form B from the Inland Revenue Board
RHB Personal Financing-i for Civil Sector
Copy of MyKad (front and back)
Latest 3-month salary slip
Employee confirmation letter (with employer’s letterhead)
Copy of RHB Bank Berhad/ RHBIB/ any other banks account passbook
Redemption Statement of other banks/ financial institutions (if any)
Retirement Option Letter (if the applicant is 48 years old or older and their tenure exceeds the mandatory retirement age)
Transfer Letter (for applicants who will be transferred within six months of their application)
T228 (for Sarawak only)
RHB Personal Financing-i for Private Sector
Copy of MyKad (front and back)
Latest 1-month salary slip
RHB Personal Financing-i for Pensioner
Copy of MyKad (front and back)
Copy of Malaysia Government Pensioner Card/ Army Pensioner CardPension Statement (JPA)
Pension Ledger (JHEV)
Copy of RHBIB Savings Account passbook/ statement
Redemption Statement of other banks/ financial institutions (if any)
Bank Exchange Application Letter to pay Pension
Pension Form (JPA/ KWAP/ JHEV)
What are the fees included in RHB personal loans?
Certain fees apply, including:
RHB Personal Financing Loan
Stamp duty fee
0.5% of the whole amount
Late payment fee
1% from the current outstanding amount
Early termination fee
RM100 or 1% of the remaining amount, whichever is higher
RHB Personal Financing-i for Civil Sector
Stamp duty fee
RM10 per document
Brokerage fee
RM30 per application
Collection fee
2.0% of the monthly payment
Takaful contribution
Depending on the financing amount, customer’s age, and tenure
RHB Personal Financing-i for Private Sector
Stamp duty fee
RM10 per document
Brokerage fee
RM30 per application
Takaful contribution (optional)
Depending on the financing amount, customer’s age, and tenure
RHB Personal Financing-i for Pensioner
Stamp duty fee
RM10 per document
Brokerage fee
RM30 per application
Takaful contribution (optional)
Depending on the financing amount, customer’s age, and tenure
Who should I contact for further information about RHB personal loans?
For more information or assistance with RHB personal loans,
