People often need extra funds for various personal expenses such as home renovations, children's education costs, and wedding expenses. In such situations, personal loans can be a viable solution. When it comes to obtaining loans in Malaysia, it is essential to explore low-interest options that can provide financial assistance while minimizing the burden of repayment. CompareHero is here to help you figure out 5 Personal Loans with Low-Interest Rates in Malaysia.
Alliance Bank Personal Loan offer attractive interest rates starting from as low as 4.99% per annum. With loan amounts ranging from RM5,000 to RM200,000, you have flexibility in choosing the loan amount that suits your requirements.
Features of Alliance Bank Personal Loan:
Eligibility Criteria to Apply for Alliance Bank Personal Loan:
With interest rates starting from 7.05% per annum, RHB presents an enticing option for financing amounts of up to RM150,000. You can easily manage your finances with RHB Personal Loan flexible repayment options such as salary transfer and auto debit instructions.
Features of RHB Personal Loan:
Eligibility Criteria to Apply for RHB Personal Loan:
Hong Leong understands the importance of affordable financing, which is why they offer exclusive financing rates starting from 5.5% per annum. Whether you're planning a home renovation project, saving for your child's education, or funding a dream wedding, Hong Leong personal loan can provide the necessary funds.
Features of Hong Leong Personal Loan:
Eligibility Criteria to Apply for Hong Leong Personal Loan:
Exclusively for online applications and applications via Connect Online Banking only. For applications via Connect Online Banking, the applicant must hold at least 1 valid and active individual Hong Leong Bank Current/Savings Account or /Hong Leong Islamic Bank Current/Savings Account-i (joint and corporate accounts are not eligible).
If you’re interested to apply for any of the above personal loans, NOW is the perfect time to do so! Apply for any Alliance Bank, RHB Bank, or Hong Leong Bank personal loans via CompareHero from now until 14 July 2023 to claim your exclusive rewards as per the following:
|
Final Disbursement Loan Amount |
Touch ‘n Go eWallet Credit Rewards |
|
RM30,000 – RM 69,999 |
RM100 |
|
RM70,000 – RM 149,999 |
RM300 |
|
RM150,000 – RM 199,999 |
RM650 |
|
RM200,000 and above |
RM900 |
InstaDuit is an innovative company that offers personal loans using digital and frontier technology. It is a lending company licensed under the Ministry Of Housing And Local Government. You can apply for a loan starting from as low as RM1,000 to RM10,000 with an interest rate of 12%-18% per annum.
Features of InstaDuit:
Eligibility Criteria to Apply for InstaDuit:
Amanah Personal Financing-i or known as APF-i by HSBC is an unsecured personal financing that’s calculated on a fixed profit rate of 4.88% per annum. You can borrow a minimum of RM60,000 and up to RM250,000 with up to 5 years of payment period.
Features of HSBC Amanah Personal Financing-i (APF-i):
Eligibility Criteria to Apply for HSBC Amanah Personal Financing-i (APF-i)
When searching for personal loans with low-interest rates in Malaysia, it's essential to compare different options, consider your financial circumstances, and choose a loan that best suits your requirements. By being well-informed and making responsible decisions, you can effectively manage your finances and achieve your goals.