Loan Details
Monthly Payment
RM 933.06
Total Profit
RM 5,984
Total Payable
RM 55,984
Sehingga RM225 Ganjaran — GX Bank FlexiCredit & Biz FlexiLoan
RM225Had kredit peribadi & perniagaan sehingga RM150,000. Kelulusan dalam minit.
Didn't Qualify for a Bank Loan? Licensed Alternatives — Up to RM20,000
KPKT-licensed digital lender (Lesen WL6646/14/01-6/301127) · Wawasan Cojaya Sdn Bhd — not a bank, higher cost than the bank loans above
Up to RM20,000
Reusable credit line ("Duit Again"). 0% interest if repaid within 30 days, or split into 12 instalments.
- • Only MyKad required
- • Approval & payout same day
- • Limit refills as you repay
RM320 – RM6,000
Tawarruq (Commodity Murabahah) financing — Shariah-certified, structured to avoid riba.
- • Only MyKad required
- • Ages 18–60, Malaysian citizens
- • 10% p.a. late charge if overdue
Both are licensed money-lending products regulated by KPKT, not bank loans — approval is faster and easier, but cost is higher than a bank personal loan. If you qualify for a bank loan, compare that first.
Bank Rakyat Financing Quick Reference
| Amount | Tenure | Rate | Monthly | Total Profit |
|---|---|---|---|---|
| RM 20,000 | 5 yrs | 4.54% | RM 373.22 | RM 2,393 |
| RM 50,000 | 5 yrs | 4.54% | RM 933.06 | RM 5,984 |
| RM 50,000 | 10 yrs | 5.22% | RM 535.72 | RM 14,286 |
| RM 100,000 | 10 yrs | 5.22% | RM 1,071.44 | RM 28,573 |
| RM 200,000 | 10 yrs | 5.22% | RM 2,142.88 | RM 57,146 |
| RM 400,000 | 10 yrs | 5.22% | RM 4,285.76 | RM 114,292 |
Profit rates on reducing balance basis. Civil servants via BPA salary deduction. Rates verified May 2026 via Bank Rakyat, RinggitPlus, iMoney.
Bank Rakyat Personal Financing-i — Key Facts
Min Financing
RM5,000
Max Financing
RM400,000
Min Salary
RM1,600/mo
Tenure
1–10 years
Profit Rate From
3.42% p.a.
Islamic (Shariah)
Yes
Eligible
Civil servants, GLC
Deduction Method
BPA salary deduction
Wakalah Fee
RM28.30
💰 Personal loan — check if you qualify
Min income RM3,000/mo · Compare Islamic & conventional
Al Rajhi Personal Financing-i
Islamic · No ribaShariah-compliant · Fixed monthly payment · Min income RM3,000/mo
Up to RM150,000
Apply →
Alliance CashFirst Personal Loan
ConventionalCompetitive rate · Fast approval · Min income RM3,000/mo
Up to RM200,000
Apply →
Alliance CashVantage Financing-i
Islamic · Alliance BankShariah-compliant · Alliance Bank · Min income RM3,000/mo
Up to RM150,000
Apply →
RHB Personal Financing
Quick apply · No commitmentFast eligibility check · Min income RM2,000/mo · No collateral
Up to RM150,000
Apply →
Via RinggitPlus · Free eligibility check · No commitment
Frequently Asked Questions
What is Bank Rakyat personal loan rate in 2026?
Who qualifies for Bank Rakyat personal loan?
How to apply for Bank Rakyat personal loan?
Bank Rakyat vs BSN personal loan — which is better for civil servants?
What is BPA and why does it matter for Bank Rakyat loans?
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