Fast Approval within 10 min
Approved financing amount of up to RM150,000
Affordable monthly repayment plan
Features
Eligibility & Required Documents
Fees and chargesLeave your details and our friendly agents will get back to you!
Explore our Suggest Me Personal Loan tool to identify the best personal loan based on your requirements and eligibility.
Select the best product that fits your requirements from the list of recommended personal loan products listed and click on the Apply button.
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.
What is RHB Personal Financing?
The RHB Personal Financing is a fast approval unsecured personal financing. It offers a high financing amount of up to RM150,000, and a low minimum income requirement of only RM1,500 a month.
Is RHB Personal Loan the right one for me?
Best for: iMoney recommends RHB Personal Financing for emergency use, as it offers fast approval of 10 min.
Income requirements: RM1,500 gross income a month.
Pros: Fast approval with a low-income requirement, as well as a high financing amount.
RHB Personal Financing is a flexible and convenient financing facility offered by RHB Bank that allows individuals to borrow funds for various personal needs, such as home renovations, education expenses, debt consolidation,medical, personal needs and more. It was previously known as RHB Easy Loan.
RHB Easy Loan is a fast approval unsecured personal financing offered by RHB Bank, designed to provide customers with quick and hassle-free access to funds for their personal needs. It offers a simplified application process and fast approval, allowing customers to receive the funds they need promptly.
RHB Easy Loan has been renamed and rebranded to RHB Personal Financing.
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.
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:
If you are employed:
If you are self-employed:
If you are a commission earner:
RHB Bank strives to provide a fast approval process for Personal Loans. Upon submission of all required documents, the bank will review your application and assess your eligibility. Typically, the approval process takes around 1 to 3 business days. However, please note that this may vary based on the complexity of the application and the accuracy of the provided documents.
Once your application has been processed and a decision has been made, you will be notified via email, SMS, or phone call regarding the status of your financing application. If your application is approved, you will be informed of the financing amount, repayment terms, and other relevant details. You will also be required to sign a financing agreement before the funds are disbursed to you.
SMS will be sent by RHB Bank
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:
You can contact iMoney for updates on your RHB Personal Financing. 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 amount before it is credited to your account.
Late payment charges: 1% on the outstanding financing amount
Early settlement fee: There is a lock-in period of 6 months from the date of the letter of offer. Early settlement fee during the lock-in period is RM100 or 1% of total financing approved, whichever is higher.
Insurance protection: The bank may require you to take up insurance or Takaful coverage for this financing, which varies accordingly to financing amount, age and payment period.
The monthly repayment is fixed throughout the financing tenure, and calculated based on your financing amount, financing tenure and interest rate.
Use the RHB Personal Loan calculator above to calculate your monthly repayment.
You can view and download the RHB Personal Financing repayment table here.
You can check on your RHB personal financing status by logging into your RHB Now online account. It will be listed alongside any other RHB accounts that you own.
Yes, the RHB Personal Financing application is open to all Malaysian citizens.
No, personal financings in Malaysia mainly cater to locals. If you require a financing, please directly contact your nearest bank branch and make a special request.
To apply for an RHB Personal Financing you must be between the ages 18 and 55 years old, and be able to show proof of income.
As part of its approval process, RHB Bank will check your credit record to determine your creditworthiness. If you have been blacklisted, have a bad CCRIS record or have a weak credit score, chances are your application will be rejected.
iMoney recommends that you settle all your overdue payments before applying and keep a healthy credit record before you apply for personal financing. It is advised that you continue repaying your financing on time for another three months before reapplying.
Check our article Everything You Need To Know About Your Credit Score to find out how your credit health is.
Hong Leong Islamic Personal Financing-i
If you are on the lookout for an Islamic financing facility with a lower interest rate, Hong Leong is offering fixed-rate personal financing from 5% per annum. It has a slightly higher monthly income requirement from RM2,000 per month.
Maybank Islamic Personal Financing-i
The Maybank Islamic Personal Financing-i offers a rate starting from 6.5% per annum for higher financing amount, with tenure between 2 and 6 years. However, it has a lower maximum financing amount of up to RM50,000.
