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CompareHero.my is your go-to website for finding Credit Cards, Personal Loans or Broadband products in Malaysia. Our service is free, easy and completely unbiased. With our online comparison platform, you can find the most up-to-date information on personal finance products, best value internet plans and much, much more!

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Personal Loans in Malaysia

Property Purchase Loan is a type of personal loan for property purchase and repair with fixed, monthly payments plus interest. The bank will set monthly instalment, amount, loan terms, and conditions will be set by the bank.
Most banks will require you to be a Citizen or Permanent Resident of Malaysia, aged between 20 and 65, and have been a permanent worker for 2 years / self-employeed with no less than 2 years of business operation.

Proof of identification, income, and residency must also be submitted to be approved for a personal loan. Banks will also look at your credit rating before approving your loan application.

Your Property Purchase Loan processing time depends on the bank or lender. Some banks send an approval-in-principle as quickly as an hour; others may take a day. Depending on the lender, the loans may be disbursed as soon as a day after approval.

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