Products · Personal Loans · Alliance Bank Personal Loan
Alliance Bank
Alliance Bank Personal Loan
3.4
Best for
Private sector employees and self-employed borrowers who want a straightforward personal loan from a Tier 2 bank with lower credit scrutiny than the Big-4
Rate
6.50%–13.50%p.a.
Min. Income
RM 2,000/mo
Max Tenure
84months
Pros
- Accepts self-employed borrowers — broader eligibility than Maybank/Public Bank/RHB standard personal loan
- RM2,000 minimum income — accessible entry point
- Online application with full digital journey
- Competitive processing fee at 1%
Cons
- Floor rate 6.5% flat — not the cheapest on the market
- Smaller branch network (76 branches) — limited walk-in support outside Klang Valley, Penang, JB
- Loan ceiling RM100,000 — lower than Public Bank or MBSB
- Self-employed applicants may face higher rate offer
Full specifications
| Interest Rate | 6.50% – 13.50% p.a. |
| Rate Type | flat |
| Loan Amount | RM 5,000 – RM 100,000 |
| Tenure | 12 – 84 months |
| Min Income | RM 2,000/month |
| Age | 21 – 60 years |
| Apply Online | Yes |
| Approval Time | ~5 business days |
How does Alliance Bank Personal Loan compare?
See how it stacks up against other personal loans from Malaysian banks.
Data sources:
- Rates verified: 13 Apr 2026