Everything You Need To Know About The RHB Personal Loan

The RHB Group is dedicated to a high degree of innovation and forward-thinking, making it a favorite among Malaysians and a trusted financial service provider throughout Asia.

RHB offers a comprehensive range of consumer banking and financial services in Malaysia, including Islamic banking, asset management, premier banking, investment banking, loans, and credit cards.

1. RHB Personal Financing

Image source: Pinjaman Perbadi

This loan, which was formerly known as RHB Easy-Pinjaman Ekspres, is a quick approval personal loan with a maximum borrowing amount of RM150,000. 

RHB Personal Loan or RHB Personal Financing is a conventional personal loan plan from RHB Bank Berhad . This loan is an unsecured loan – therefore the applicant does not need to provide collateral or introduce a guarantor to apply for this loan.

RHB offers this RHB personal loan to Malaysian citizens who serve in the public sector, i.e. government employees, employees of government-linked companies (GLCs), employees of statutory bodies and also private employees and self-employed individuals. 

To be eligible to apply, you only need to be over 21 years old to 60 years old at the end of the payment date, with a monthly income of not less than RM2,000 per month or RM24,000 per year.

If you qualify, you can apply from as little as RM2,000 up to a maximum loan amount of RM150,000 – a high amount for a conventional unsecured loan. The allowed financing period is between 2 years to a maximum period of 7 years. The annual interest rate charged is also not burdensome starting from flat rate of 6.91% p.a. After applying, you only have to wait 3 working days to know whether your RHB Personal Loan application has passed or not.

2. RHB Personal Financing-i for Private Sector 

This personal loan is similar to the rests with only difference in its profit rate that ranges from 6.63% -13.45% p.a

3. RHB Personal Financing-i for Civil Sector

Image source: Pinjaman Perbadi

As the name states, this personal loan is for those who works in the civil sector and is Syariah-compliant (concept of Commodity Murabahah via Tawarruq arrangement). If you qualify, you can apply from as little as RM2,000 up to a maximum loan amount of RM200,000. The allowed financing period is between 2 years to a maximum period of 7 years. The annual interest rate charged is also not burdensome starting from profit rate of 2.86% – 4.40% p.a

RHB also offers Takaful protection from the RHB Islamic panel or you can choose the Takaful plan you want from any company.

4. RHB Personal Financing-i for Pensioners

Image source: RHB Banking

This personal is similar to the one for civil sector, but only differs in its offeringprofit rate that ranges from 3.86% – 6.02% p.a. It is no doubt that to be eligible for this loan, one has to be a pensioner of Malaysian government servant with the minimum age of 40 years old. 

Features & Advantages of RHB Personal Financing

Here are the additional features and advantages offered by RHB Personal Loan.

Unsecured personal loan 

This personal financing package is unsecured. This means you do not need to submit any collateral or guarantor to qualify you to apply for this RHB personal loan.

A flexible and high amount of financing 

RHB offers a flexible loan amount ranging from RM2,000 to RM150,000. This is among the high loan amounts among the conventional personal loan plans offered.

Flexible financing period 

You can choose a financing period from 24 months (2 years) to a maximum financing tenure of 84 months (7 years).

Eligibility conditions that are not burdensome 

When compared to other personal loans, the eligibility conditions set by RHB for you to be eligible to apply for this loan are not very burdensome with low income qualifications.

Offered to various employment sectors

It doesn’t matter if you work as a government employee, employee of a government-linked company (GLC), statutory body, private employee or self-employed – you are eligible to apply for this loan.

No processing charges

RHB does not charge any processing charge for this loan.

Fast application results 

You only have to wait within 3 working days to know the results of your RHB Personal Loan application.

Eligibility Requirements To Apply

RHB Bank Berhad does not impose strict conditions to apply for this loan. Here are the eligibility requirements for RHB Personal Loan.

General Conditions

  • Malaysian.
  • Aged between 21 to 60 years old.
  • With a monthly income of RM2,000 per month or RM24,000 per year.
  • Not blacklisted by any bank or AEON Kredit (M) Berhad.
  • No account under Special Observation (SAA).
  • Not under the supervision of the Credit Counseling and Management Agency (AKPK).

For Government Employees

  • Employment status is permanent

For Self Employed

  • Have a company registered with the Companies Commission of Malaysia (SSM) for more than 1 year.
  • Have a company current account

Required Documents

The documents required to apply for a RHB Personal Loan depend on your type of job. Here is the list of documents required to apply.

Government employees

  • Copy of Identity Card (MyKad).
  • Copy of the latest 3 months salary slip.
  • A copy of the latest 3 months salary entry bank statement.

GLC Staff/Private Employees

  • Copy of Identity Card (MyKad).
  • Copy of the latest 3 months salary slip.
  • A copy of the latest 3 months salary entry bank statement.
  • A copy of the latest 6 months EPF contribution statement.


  • Copy of Identity Card (MyKad).
  • Copy of business registration certificate from SSM.
  • A copy of the company’s current account statement for the latest 6 months.
  • Copy of BE/BE e-Form form with tax payment receipt.

Charges Apply

As stated earlier, RHB Bank Berhad does not charge any charges or fees for the processing of RHB Personal Loans. You would only need to pay government stamp duty charge of 0.5% of the approved loan amount. However, a late payment charge of RM100 or 1% of the loan balance will be charged on the outstanding financing.

RHB Personal Financing Honest Review

RHB Personal Loan is one of the most popular conventional personal loans in Malaysia. Attractive features such as high loan amounts and long financing periods make this loan plan often requested. Zero processing fee is also one of the advantages offered by this loan. However, the salary eligibility requirements are quite high and the decision period can take up to 5 days. But, if you meet the eligibility requirements and don’t mind waiting for 5 days, you can try to apply for this loan because this loan plan is one of the conventional personal loans with a high pass rate.


  • No processing charges.
  • Financing period up to 7 years.
  • Loan amount up to RM150,000.
  • Open to all Malaysians regardless of job sector.
  • High passing rate.
  • Best for those that are in need of emergency cash relief as it has a fast approval of 10 minutes. 


  • Relatively high minimum wage qualifications.
  • Application results take up to 5 days.

What is the repayment process? 

Your application approval paperwork will include information about your payback schedule.

Monthly repayment will typically start the month after you get your RHB loan and continue each month until the loan is fully repaid.

Your loan amount will increase if you’re late with your payments since you’ll be charged interest at a rate of 1% per year on the unpaid balance.

Can I make an early payment on my RHB Personal Financing?

You will have to pay an early settlement fee of RM 100 or 1% of the total loan approved amount if you want to repay your loan in full before the full repayment period has ended (whichever is higher).

This loan has a 6-month lock-in period, and if you pay it off during that time, you’ll have to pay a termination fee of RM 200.

Do I need to know anything else about this personal loan?

Please be aware that this loan has a declining balance.

Although the amount of interest you pay with RHB Personal Financing is fixed each month, it decreases over time.

How can I restore my name if CCRIS has “blacklisted” me?

In CCRIS, your whole credit history is kept on file. You should pay off all outstanding debts and payments to raise your credit score with the bank.

After then, make sure to make all of your monthly instalments on time.

Need assistance getting back on track and managing your debt?

Contact AKPK today; their knowledgeable counsellors can steer you toward AKPK’s Financial Counseling and Debt Management programme.

Is insurance required for this RHB loan?

You can choose to enrol in Personal Smart Shield (PSS) and Easy-Insurans Kasih Income Aid (EIKIA) when you apply for personal financing from RHB.

I have just passed a loan from another financial institution, can I apply?

If you have just passed any loan from a financial institution (bank/cooperative/ppw) recorded in CCRIS such as personal financing, vehicle, or housing – you are advised to wait for a cooling-off period of between 4 to 6 months before applying to increase the chances of passing the application. To maintain a credit score, it is advised to only apply for a maximum of 3 credit accounts (any loan/credit card) within 12 months.