AmBank Malaysia offers a wide range of personal loans at attractive interest rates to customers. AmBank is one of the largest banks in Malaysia with services ranging from investment banking to asset management to credit cards and so on. AmBank was founded in the year 1975 and was known as the Arab-Malaysian Development Bank. The AmGroup has its headquarters at Kuala Lumpur, Malaysia and runs different business verticals under the brands AmInvest, AmIslamic Bank, AmMetLife etc.
At least 21 years old
Less than 60 years old
Salaried or self-employed
with regular income
Earn more than the minimum
Minimum income required
Maximum allowed personal loan is RM 100000
Installments of other loans lower
Pay off your credit card bills
Choose longer tenure loan up to 8 years
|Interest Rate (Flat)||8.00% to 11.99%|
|Minimum Income||RM 2000||Processing Fees||Nil|
|Loan Tenure||1 year to 8 years|
|Guarantor Requirement||No guarantor required|
Interest rates applicable on AmMoneyLine and AmMoneyLine Facility – i
|Effective Interest Rate (EIR)|
|Interest Rates||Loan Tenure|
|24 months||36 months||48 months||60 months||72 months||84 months||96 months|
|8% p.a.||14.68% p.a.||14.55% p.a.||14.35% p.a.||14.13% p.a.||13.91% p.a.||13.69% p.a.||13.49% p.a.|
|8.50% p.a.||15.55% p.a.||15.40% p.a.||15.17% p.a.||14.92% p.a.||14.68% p.a.||14.45% p.a.||14.23% p.a.|
|9% p.a.||16.43% p.a.||16.24% p.a.||15.99% p.a.||15.71% p.a.||15.45% p.a.||15.19% p.a.||14.95% p.a.|
|9.5% p.a.||17.29% p.a.||17.08% p.a.||16.80% p.a.||16.50% p.a.||16.21% p.a.||15.93% p.a.||14.95% p.a.|
|10% p.a.||18.16% p.a.||17.92% p.a.||17.60% p.a.||17.27% p.a.||16.96% p.a.||16.66% p.a.||16.38% p.a.|
|11.99% p.a.||21.55% p.a.||21.18% p.a.||20.74% p.a.||20.30% p.a.||20.88% p.a.||19.48% p.a.||19.12% p.a.|
This personal financing product complies fully with the Shariah requirements and offers the following benefits:
This financing option is only applicable to employees of select government and private linked companies at the following rates:
The following applicants are eligible to apply for AmBank Personal Financing – i:
The following documents must be submitted to apply for AmBank Personal Financing – i:
You can apply for an AmBank personal loan online on the bank’s official website. On the website, navigate to the “Loans and Financing” webpage. Select the “Apply Now” option available for the personal loan that you wish to apply for. Fill out the online form with the requested information and a sales representative from the bank will then contact you to take the application process forward.
Yes. You will be charged 1% p.a. on your outstanding instalment as a late payment charge if you do not make the instalment payment by your payment due date for the AmBank AmMoneyLine personal loan.
There no early settlement fee imposed for settling your AmBank AmMoneyLine Facility – i before the maturity period. However, you must inform the bank in writing, a minimum of 1 month in advance before you settle your personal loan. You can inform any AmBank branch or AmBank Islamic branch to initiate the process for early settlement.
The list of government and private companies that are offered Personal Financing – i loan is available on AmBank’s website. Simply navigate to the “Loans and Financing” webpage on the website and a link is provided to the list of companies eligible for this loan under “Personal Financing – i”.
Apart from offering personal loan, AmBank offers other products and services which includes: