RHB Personal Financing
An unsecured personal loan that provides effective relief for financial headaches.
Interest Rates
How much the bank charges you based on your loan amount & loan period
You Borrow Loan Period Your Income Interest Rate
RM2000 – RM10000 12 to 60 months min. RM24000 13.45% p.a.
RM11000 – RM15000 12 to 84 months min. RM24000 13.45% p.a.
RM16000 – RM50000 12 to 84 months min. RM24000 11.66% p.a.
RM51000 -RM99000 12 to 84 months min. RM24000 9.91% p.a.
RM100000 –RM150000 12 to 84 months min. RM24000 8.18% p.a.
Fees & Charges
There are always fees but how much are they?
Interest Rate / APR - from 8.18% p.a. to 13.45% p.a. , depending on loan amount and period
Processing Fee - No Fee
Late Penalty Fee - 1% from current outstanding amount
Requirements
Are you eligible for this personal loan?
Minimum annual income - RM24000
Minimum age - 21 years old
Maximum age - 60 years old
Frequently Asked Questions about RHB Personal Financing
Things you might want to know
How to apply for RHB Personal Financing
How much money can I borrow?
RHB Personal Financing lets you borrow anything from RM2,000 to RM150,000 for a period between one and five years.
How much does this personal loan cost?
There are no processing fees for this personal loan. You will need to pay 0.5% Government Stamp Duty on the total amount you have borrowed.
What do I need to apply for this RHB loan?
There is no requirement to pay a deposit when you apply for this RHB personal loan. You will need to supply some personal documents with your application form:
Salaried Employee
Self-Employed
Further documents may be required if your salary includes variable income, such as commissions or overtime.
How do I get my hands on the money?
RHB takes a few business days to turn around your loan application. Once your loan is approved funds will be disbursed to the account of your choice.
How do I pay the money back?
Your repayment schedule will be detailed in your application approval document. In most cases payments begin the month following the date you receive your loan and continue at monthly intervals until the loan has been completely repaid.
Can I pay my RHB Personal Loan off early?
You can settle your loan whenever you want. If you’d like to repay in full before the full loan term is up you will need to pay an early termination fee of RM100 or 1% of the total amount borrowed, whichever is greater.
Is there anything else I should know about RHB Personal Financing?
Please note that this is a ‘reducing balance’ loan. This means that your initial payments are higher than normal loans. Your payments against the money you borrowed (the principle) are fixed each month but the amount of interest you pay gets less each month.