HSBC Amanah Personal Loan

    HSBC Amanah offers Islamic banking products ranging from credit cards to personal financing. The HSBC Amanah Personal Loan or HSBC Amanah Personal Financing -i caters to your monetary needs and offers you flexible repayment tenures and affordable rates.

    Compare Personal Loans by HSBC Amanah Bank

    Rates last updated February 20th, 2018

    Name of Personal Loan Profit Rates Max. Loan Amount Min. monthly income Tenure Processing Fee
    HSBC Amanah Personal Financing-i Flat rate starting from 10.5% p.a. to 12.5% p.a. RM150,000 RM3,000 7 years NA
    HSBC Amanah Personal Financing-i (Education) Base Financing Rate is 6.74% p.a. As per the bank’s discretion NA As per the bank’s discretion NA


    Profit Rate (p.a.) Starting from 10.5% p.a.(Flat Rate)
    Loan Tenure 7 years
    Min. monthly income RM3,000
    Min. Loan Amount RM6,000
    Islamic/Conventional Islamic
    Debt consolidation Yes

    Interest/Profit Rates

    Loan Tenure Processing Fee Profit Rates
      HSBC Amanah Personal Financing-i HSBC Amanah Personal Financing-i (Education) HSBC Amanah Personal Financing-i HSBC Amanah Personal Financing-i (Education)
    24 months to 84 months (2 - 7 years) None None Flat rate from 10.5% p.a. to 12.5% p.a. Base Financing Rate is 6.74% p.a.

    Top Reasons to take a HSBC Amanah Personal Financing-i

    • Through the personal financing schemes by HSBC Amanah, you can access financing of up to RM150,000.
    • You can obtain tenures of up to 7 years to repay your financing amount.
    • You can choose to have a takaful cover facility when you apply for any of the personal financing schemes.
    • You can get instant cash disbursement on your application.
    • The financing plans do not charge any early settlement fee when you make full payment before the due date.
    • No guarantor or collateral is required to process your loan/financing application.
    • You can consolidate your loan/financing and credit card/i balances into one account.
    • Through HSBC Amanah Personal Financing-i (Education), you can save on your school fees. Whenever you make a full upfront repayment, the participating schools offer you a waiver on their school fees.

    Fees and Charges

    You need to pay the following fees and charges when you obtain a financing facility:

    Fee Type Fees and Charges
    Processing fee None
    Late payment fee 1% of the existing outstanding amount
    Early termination fee None
    Any other fees such as minimum interest charge, cheque charge, etc. (if applicable) None

    Eligibility Criteria

    • Nationality criterion: Malaysian citizen or permanent resident of Malaysia
    • Age criterion:
      • Minimum age: 21 years
      • Maximum age: 60 years
    • Income criteria:
      • For existing customers: Minimum monthly income should be RM3,000 and above
      • For new customers: Minimum monthly income should be RM5,000 and above

    What documents do I need to prepare for HSBC Amanah Personal Financing-i?

    For salaried employee:

    • Copy of NRIC
    • Copy of current/previous month’s salary slips
    • Copy of bank statement (if applicable)
    • Form BE or EA statement or EPF statement (whichever is applicable)
    • Copy of appointment letter (if employed for less than 3 months)

    For variable income earner:

    • Copy of NRIC
    • Copy of last 3 months’ salary slips or copy of bank statement
    • Form BE or EPF statement ora draft of Yearly Commission Statements from employer (whichever is applicable)

    For self-employed applicant:

    • Copy of NRIC
    • Latest copy of Form B or EPF statement or Audited Financial Statement or Profit and Loss Account (whichever is applicable)
    • A draft of Business Registration Form

    How to apply for HSBC Amanah Personal Financing-i

    Online application: The ‘Apply Now’ tab on the official website of the bank gives you a link to the application form. Make sure that you fill in all the details requested in the form and submit a printout to your nearest branch. All mandatory documents are required to be attached with the application form.

    Offline Application: You can manually make the application for any of your preferred schemes by visiting the nearest branch of the bank. Ask the bank representatives for an application form and fill it with appropriate details. Attach a required set of documents with this form and submit it to the representative.

    Once your application is approved, you will get access to the funds within two working days which you can also draw through your internet banking facility.

    Why to choose HSBC Amanah Personal Financing-i?

    HSBC Amanah Personal Financing - i offers you plans that you can utilise as per your requirements. The schemes can be used for any emergency requirements or for relatively small jobs like home renovation, wedding ceremonies, traveling, etc. It also caters to your education related necessities and helps you fund your studies in an affordable manner. The plans come with easy tenures of up to 7 years which means there is a lower financial burden on your pocket.


    To plan your finances better, it is important that you do a systematic calculation before applying for a loan/financing scheme. You can find a personal financing calculator on the official website of the bank through which you can estimate your total financing amount and calculate your repayments.

    In this calculator, you will have to insert the values for your monthly income and preferred financing tenure to get the approximate results for your financing amount. Your actual funding depends upon the bank’s credit assessment.

    How do I pay my repayments?

    The bank provides a number of modes to make your repayments.

    • Standing Instruction Payment Order
    • Direct debit from the bank account
    • Cheque
    • Any other method as described by the bank

    Customer Care

    If you have any query or doubt regarding the schemes, you can contact the bank representatives on the hotline: 1300 80 2626 (For local calls) or 603 - 8321 5200 (for overseas calls). You can also write an email to [email protected] if you want to make a complaint. If you come across any difficulties while making payments, you can talk to customer care representatives on 603 - 2690 9000.


    Q. Do I need to pay any charges to obtain an email statement facility?

    A. You do not require to pay any charges to get your statements via email.

    Q. Is it compulsory to have a takaful cover?

    A. Takaful cover is not compulsory and it is a facility that you can voluntarily choose while obtaining the facility.

    Q. Do I need to present a guarantor or collateral?

    A. HSBC Amanah Personal Financing-i is an unsecured facility and you do not need to present a guarantor or collateral to obtain the financing amount.

    Q. Will I get Ibra’ (rebate) for early settlement?

    A. If you settle your loan earlier than the given date, you will get Ibra’ on the bank’s selling price based on the calculation done by the bank. You have to give a written notice one month in advance if you want to go for early settlement.

    Q. Which Shariah concept is applied for Personal Financing-i?

    A. The concept of commodity Murabaha (cost plus profit) is applied here where the bank will buy a commodity on your behalf and later it will sell the Shariah-compliant commodity to you as per the bank’s selling price that includes cost price plus applicable profit rate.

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