Question 1

What is Maybank personal loan interest rate in 2026?

Accepted Answer

Maybank personal loan flat rates in 2026: 8.00% p.a. for RM5,000–RM20,000; 7.00% p.a. for RM20,001–RM50,000; 6.50% p.a. for RM50,001–RM100,000. These are flat rates — the effective annual rate (EAR) is approximately 11.5%–14.7%. Maybank offers both conventional Personal Loan and Islamic Personal Financing-i at the same rates.

Question 2

What is the minimum salary for Maybank personal loan?

Accepted Answer

Maybank personal loan requires a minimum monthly salary of RM3,500 (RM42,000/year). Eligible applicants: salaried employees, self-employed, government workers aged 21–60 years. Loan amount: RM5,000–RM100,000. Tenure: 2–6 years (24–72 months).

Question 3

Does Maybank charge early settlement penalty?

Accepted Answer

No — Maybank personal loan has no early settlement penalty. You can settle the loan early and receive an interest rebate (pengurangan faedah) calculated using the Rule of 78 method. The earlier you settle, the bigger the rebate on unearned interest. Contact Maybank or visit any branch to request an early settlement quote.

Question 4

How long does Maybank personal loan approval take?

Accepted Answer

Maybank personal loan approval typically takes 1–3 working days if documents are complete. Digital applications via Maybank2u or MAE app can receive in-principle approval faster. Disbursement is within 1–2 working days after signing the loan agreement. For faster processing, ensure all documents (MyKad, 3 months payslip, 3 months bank statement, EA/BE form) are ready.

Question 5

Maybank personal loan vs CIMB Cash Plus — which is better?

Accepted Answer

Maybank (6.50%–8.00% flat) vs CIMB (6.88% flat): Maybank wins on rate for amounts above RM50k (6.50% vs CIMB 6.88%). CIMB wins on accessibility — min salary RM2,000 vs Maybank RM3,500, and CIMB offers up to RM150k vs Maybank RM100k. If you earn RM3,500+ and need RM50k–RM100k, Maybank is cheaper. For smaller amounts or lower salary, CIMB is more accessible.

Loan Amount	Tenure	Rate	Monthly	Total Interest
RM 10,000	3 yrs	8.00%	RM 344.44	RM 2,400
RM 20,000	3 yrs	8.00%	RM 688.89	RM 4,800
RM 30,000	5 yrs	7.00%	RM 675.00	RM 10,500
RM 50,000	5 yrs	7.00%	RM 1,125.00	RM 17,500
RM 70,000	6 yrs	6.50%	RM 1,351.39	RM 27,300
RM 100,000	6 yrs	6.50%	RM 1,930.56	RM 39,000

Monthly	10 yrs	20 yrs	30 yrs
RM300/mo	RM61k	RM228k	RM678k
RM500/mo	RM102k	RM380k	RM1.13M
RM531/mo	RM109k	RM404k	RM1.2M

Maybank Personal Loan Calculator 2026

Loan Details

Maybank Personal Loan Quick Reference

Maybank Personal Loan — Key Facts

Frequently Asked Questions

RM500/Month for 30 Years = RM1.13M — via S&P 500 at 10% p.a.

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