Products · Personal Loans · Best
Best Personal Loans in Malaysia
Our editors' picks for the best personal loans in Malaysia — ranked on real rates, fees, and eligibility. Independent analysis, no paid placement.
Our ranked lists
Top-rated right now
BSN (Bank Simpanan Nasional)
BSN Personal Financing-i
Major Bankislamic
From
4.50% – 7.00%p.a.
Min Income
RM 1,000/mo
- +Same competitive rates as conventional — from 4.5% flat
- +Ibra' (rebate) on early settlement — no exit penalty
- +Shariah-compliant under IFSA 2013
4.3/5
BSN (Bank Simpanan Nasional)
BSN Personal Loan
Major Bank
From
4.50% – 7.00%p.a.
Min Income
RM 1,000/mo
- +Lowest flat rates in Malaysia from 4.5% p.a. for civil servants
- +Salary deduction (potongan gaji) available — automated repayment reduces default risk
- +Long tenures up to 10 years lower monthly instalments
4.3/5
MBSB Bank
MBSB Personal Financing-i
Licensed Bankislamic
From
5.00% – 8.00%p.a.
Min Income
RM 1,200/mo
- +Highest loan ceiling among government-focused lenders (RM250,000)
- +Profit rate from 5% flat — second only to BSN
- +Full Islamic bank — 100% Shariah-compliant operations
4.0/5
Public Bank
Public Bank Personal Loan
Major Bank
From
5.60% – 12.00%p.a.
Min Income
RM 3,000/mo
- +Flat rate from 5.6% — among the lowest for private-sector-focused banks
- +Highest loan ceiling at RM200,000 for a conventional personal loan
- +No processing fee — saves upfront cost
3.9/5
Maybank
Maybank Personal Loan
Major Bank
From
6.00% – 11.00%p.a.
Min Income
RM 2,000/mo
- +No processing fee for most applicants — saves RM500–RM1,000 upfront
- +Fast digital approval via MAE app (minutes for existing Maybank customers)
- +Large loan ceiling RM100,000
3.9/5
Maybank
Maybank Skim Pembiayaan Peribadi-i
Major Bankislamic
From
6.00% – 11.00%p.a.
Min Income
RM 2,000/mo
- +No processing fee — same benefit as conventional
- +Ibra' rebate on early settlement — no exit penalty
- +Shariah-compliant under IFSA 2013
3.9/5