RHB Islamic Personal Financing-i

Islamic Financing Debt Consolidation Featured
  • Profit Rate
    7.19% p.a. ~ 13.83% p.a.
  • Max. Financing Amount
    RM 150,000
  • Approval Duration
    Approval within 10 min

RHB Islamic Bank Loan Calculator

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

Key Features

Equivalent flat rate as low 7.18% p.a. with flexible financial management

Equivalent flat rate as low 7.18% p.a. with flexible financial management

Fast Approval within 10 min

Fast Approval within 10 min

Fast Approval within 10 min

Approved financing amount of up to RM150,000

More details

  • icon Features Features

    Approval Duration
    Approval within 10 min
    Min. Financing Amount
    RM 2,000
    Max. Financing Amount
    RM 150,000

    Other features

    Maximum Financing Amount
    Up to RM150,000
    Maximum Financing Tenure
    7 years
    Debt Consolidation
    Yes

  • icon Eligibility & Required Documents Eligibility & Required Documents

    Employment Eligibility
    Salaried, self employed, commission earner
    Age Requirement
    21-55 years old
    Min. Monthly Salary
    RM 3,000

    Other eligibility requirements

    NRIC
    Copy of IC front and back
    Salary Slip
    Salary Slip (Up to 3 months)
    EPF statement
    Latest 12 months
    Employee Confirmation Letter
    with Employer's Letterhead

  • icon Fees and charges Fees and charges

    Processing Fees
    Free
    Stamp Duty
    Nominal amount of RM10.00 (per document) As per the Stamp Duty Act 1949 (Revised 1989)

    Other fees and charges

    Late Payment Charges
    1% on outstanding financing amount
    Brokerage fee
    RM30.00 per application
    Collection fee
    2.0% of monthly payment
Last updated: Sep 22, 2024

Still unsure about which product best suits you?

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How do you apply for a personal loan online?

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Step 1

Explore our Suggest Me Personal Loan tool to identify 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.

More details about the product

What is RHB Personal Financing-i?

The RHB Personal Financing-i is a fast approval Islamic personal financing. It offers a high financing amount of up to RM150,000, and a low minimum income requirement of only RM3,000 a month.

Is RHB Personal Financing-i the right one for me?

Best for: iMoney recommends RHB Personal Financing-i for emergency use, as it offers fast approval of 10 min.

Income requirements: RM3,000 gross income a month.

Pros: Isalmic financing, fast approval with a low-income requirement, as well as a high financing amount.

RHB Personal Financing-i FAQs

If your income starts from RM3,000, the RHB Personal Financing-i offered by RHB Bank is a good option for fast cash.
 
Reference documents: 
 

  • All you need to do is click on the orange “Apply” button on the top right of your screen. Then fill in your contact details and we will get in touch to get started with your financing application.

  • The maximum you can borrow is up to RM150,000, while the minimum amount is RM2,000.

  • How long can you spread your repayment? The maximum tenure for RHB Personal Financing-i is 7 years, while the minimum is 2 year. The longer your tenure is, the lower your monthly instalment will be.

  • The iMoney Calculator is designed to match you with the most suitable financing for your needs. It takes into account your salary (which will determine how much you are able to borrow), the type of financing you want, and the amount you want to apply.

    You can also use the calculator to adjust the amount of time you will need to pay the it back to get an idea of how much the monthly payments you can afford.

  • The RHB Personal Financing-i is a fixed rate personal financing with fixed instalment payment throughout the financing tenure. The interest rate ranges from 7.18% to 13.83% per annum, or per year throughout the financing tenure.

  • Income: It has a low minimum income of RM3,000 per month.

    Age: To qualify, you must be aged between 21 and 55. This means, your financing should end latest by age 55 of the borrower.

    Other qualifying criteria:

    • Malaysian citizen
    • Employed in the private sector
    • May be required to open a bank account with RHB Bank or RHB Islamic Bank for the financing amount to be credited to your account
    • Insurance or Takaful protection may be required

  • Upon completing your application with iMoney, our call centre consultant will contact you to confirm your application. Then, you will need to complete your application at the nearest RHB Bank branch.

    All you need to bring along with you to the bank is your MyKad. With biometric verification, all your income data needed will be auto-filled electronically by the bank. Typically, you will not need to submit additional documents, but to be on the safe side, do bring along the following documents:

    1. If you are employed:
      • Any of the documents below (choose one):
        • Latest 3-month salary slip
        • Latest EPF statement with 12 months’ contributions
        • Latest 3 months’ savings account activity/current account statements

  • The RHB Personal Financing-i can be processed as fast as 10 min upon submitting all your information and documents to the bank. iMoney will assist you in checking eligibility and completing your form and document submission.

    Upon approval, the financing amount will be credited into a bank account that you provided to the bank. You may be required to open an RHB Bank or RHB Islamic Bank account.

  • You can contact iMoney for updates on your RHB Personal Financing-i application. We will retrieve the status and get back to you within two (2) working days.

  • One-time set-up fee: You may be required to pay the stamp duty for the financing , which will be deducted from the financing amount before it is credited to your account.

    Late payment charges: 1% on the outstanding financing amount

    Early settlement fee: There will be no exit fee charges imposed for early settlement. No lock-in period imposed and no partial principal payment is
    allowed.

    Insurance protection: The bank may require you to take up insurance or Takaful coverage for the financing,which varies accordingly to financing amount, age and payment period.

  • Reference documents for RHB Islamic Personal Financing-i:

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