Alliance Bank
Alliance Bank Personal Loan
Products · Personal Loans · Alliance Bank Personal Loan
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.
Rates from Alliance Bank, verified 13 Apr 2026. Product details and rates are subject to change — always confirm directly with the bank before applying.