Personal Loan Comparison Malaysia 2025: Complete Guide to Bank vs Non-Bank Options

Looking for the best personal loan in Malaysia? You’re not alone. With over 30 banks and countless non-bank lenders offering personal loans, choosing the right option can feel overwhelming.

This comprehensive guide compares every aspect of personal loans in Malaysia - from interest rates and eligibility requirements to approval times and hidden fees. Whether you have excellent credit, bad credit, or somewhere in between, you’ll discover which lender type suits your specific situation.

By the end of this guide, you’ll know exactly where to apply for the best personal loan terms available to you in 2025.

Understanding Personal Loans in Malaysia

A personal loan is an unsecured loan that you can use for any purpose - home renovation, medical bills, business startup, debt consolidation, or personal expenses. Unlike housing or car loans, personal loans don’t require collateral, making them accessible but typically carrying higher interest rates.

How personal loans work:

1. Apply with your preferred lender (bank or non-bank)
2. Provide required documents and income proof
3. Lender evaluates your creditworthiness
4. Upon approval, receive lump sum amount
5. Repay through fixed monthly installments
6. Loan tenure typically ranges 1-7 years

Key benefits:

• No collateral required (unsecured)
• Fast access to funds
• Fixed monthly payments for budgeting
• Use for any legal purpose
• Build credit history with timely payments

Complete Personal Loan Comparison: Bank vs Non-Bank

Traditional Banks (Maybank, CIMB, Public Bank, RHB)

Interest Rates:

• Excellent credit (750+ score): 5.5% - 8% p.a.
• Good credit (650-749 score): 8% - 12% p.a.
• Fair credit (550-649 score): 12% - 18% p.a.
• Poor credit (below 550): Usually rejected

Loan Amounts:

• Minimum: RM5,000 - RM10,000
• Maximum: RM200,000 - RM500,000
• Multiplier: 10-20x monthly income (varies by bank)

Eligibility Requirements:

• Malaysian citizen or PR
• Age: 21-60 years (varies by bank)
• Minimum income: RM3,000 - RM5,000 monthly
• Employment: At least 6 months current job
• Good credit score preferred
• Debt service ratio under 60%

Approval Process:

• Timeline: 1-2 weeks
• Documentation: Extensive (IC, salary slips, bank statements, EPF)
• Credit check: Thorough CCRIS/CTOS review
• Approval rate: 40-60% (strict criteria)

Pros: ✅ Lowest interest rates for good credit ✅ Higher loan amounts available ✅ Established reputation and regulation ✅ Multiple branch locations ✅ Online banking integration

Cons: ❌ Strict eligibility requirements ❌ Lengthy approval process ❌ Extensive documentation needed ❌ Poor credit usually rejected ❌ Limited flexibility in terms

Government Banks (Bank Simpanan Nasional, Bank Rakyat)

Interest Rates:

• Government servants: 5.5% - 9% p.a.
• Private sector: 7% - 14% p.a.

Special Features:

• Preferential rates for civil servants
• Pension-backed loans for retirees
• Group financing schemes
• Lower processing fees

Loan Amounts:

• Up to RM150,000 - RM300,000
• Higher limits for government servants

Non-Bank Lenders (Credit Companies, Licensed Moneylenders)

Interest Rates:

• Good credit: 8% - 15% p.a.
• Average credit: 12% - 20% p.a.
• Bad credit: 18% - 25% p.a. (maximum legal rate: 18% per annum effective rate)

Loan Amounts:

• Minimum: RM1,000 - RM5,000
• Maximum: RM50,000 - RM200,000
• Multiplier: 5-15x monthly income

Eligibility Requirements:

• Malaysian citizen or PR with valid work permit
• Age: 21-65 years
• Minimum income: RM1,500 - RM3,000 monthly
• Employment: Current job (duration flexible)
• Accept all credit types including bad credit
• Focus on current income rather than credit history

Approval Process:

• Timeline: Fast approval (1-3 days)
• Documentation: Simplified (IC, latest salary slip, bank statement)
• Credit check: Basic review
• Approval rate: High success rate (70-85% for income-qualified)

Pros: ✅ Accept bad credit applications ✅ Fast approval process ✅ Flexible eligibility requirements ✅ Simplified documentation ✅ Quick fund disbursement ✅ 0% deposit options available

Cons: ❌ Higher interest rates ❌ Lower maximum loan amounts ❌ Shorter repayment terms ❌ Less regulatory oversight ❌ Limited branch network

Detailed Interest Rate Comparison by Lender Type

Major Banks Interest Rate Ranges (2025)

Maybank Personal Loan:

• Prime rate: 6.00% p.a.
• Range: 6.00% - 15.00% p.a.
• Best for: Existing customers with good credit

CIMB Personal Loan:

• Starting rate: 5.65% p.a.
• Range: 5.65% - 18.00% p.a.
• Best for: High income earners

Public Bank Personal Loan:

• Starting rate: 6.80% p.a.
• Range: 6.80% - 16.00% p.a.
• Best for: Long-term customers

RHB Personal Loan:

• Starting rate: 6.90% p.a.
• Range: 6.90% - 15.90% p.a.
• Best for: Professionals and executives

Hong Leong Bank Personal Loan:

• Starting rate: 7.20% p.a.
• Range: 7.20% - 17.50% p.a.
• Best for: SME business owners

Islamic Banks Interest Rate Ranges

Maybank Islamic Personal Financing-i:

• Profit rate: 6.50% - 16.00% p.a.
• Principle: Tawarruq (commodity murabaha)

CIMB Islamic Personal Financing-i:

• Profit rate: 6.99% - 18.00% p.a.
• Principle: Tawarruq concept

Bank Islam Personal Financing-i:

• Profit rate: 8.88% - 15.88% p.a.
• Principle: Bai Al-Tawarruq

Non-Bank Lenders Rate Comparison

Ing Heng Credit & Leasing:

• Interest rate: 8% - 18% p.a. (reducing balance)
• Best for: Bad credit, self-employed, urgent financing
• Minimum income: RM2,000
• Fast approval: 1-2 days

Licensed Moneylenders:

• Interest rate: 12% - 18% p.a. (legal maximum)
• Best for: Emergency funding, very bad credit
• Minimum income: RM1,500
• Same-day approval possible

Peer-to-Peer (P2P) Platforms:

• Interest rate: 8% - 24% p.a.
• Best for: Alternative to traditional banks
• Online application process
• 3-7 days approval

Eligibility Requirements Deep Dive

Bank Personal Loan Eligibility

Income Requirements:

• Minimum salary: RM3,000 - RM5,000
• Employment type: Permanent employees preferred
• Job tenure: Minimum 6 months current position
• Income documentation: 3-6 months salary slips + bank statements

Credit Requirements:

• CCRIS record: No current defaults
• CTOS score: Preferably 650+ (some banks 700+)
• Debt service ratio: Under 60% (total monthly debt vs income)
• Bankruptcy status: Cannot be undischarged bankrupt

Age and Citizenship:

• Age range: 21-60 years (some extend to 65)
• Citizenship: Malaysian citizen or PR
• Foreigners: Very limited options, usually require local guarantor

Non-Bank Lender Eligibility

Income Requirements:

• Minimum salary: RM1,500 - RM3,000
• Employment type: Accept contract, part-time, self-employed
• Job tenure: Current employment (no minimum duration)
• Income documentation: Latest salary slip or bank statement

Credit Requirements:

• CCRIS record: Accept current defaults (case-by-case)
• CTOS score: No minimum requirement
• Debt service ratio: Up to 70-80% considered
• Bankruptcy status: Discharged bankrupts accepted

Flexible Criteria:

• Consider total household income
• Accept guarantors to strengthen application
• Evaluate based on current ability to pay
• Focus on employment stability over credit score

Application Process Comparison

Bank Application Process

Step 1: Pre-Qualification (1-2 days)

• Online eligibility check
• Basic income and credit assessment
• Indicative rates provided

Step 2: Document Submission (3-5 days)

• Complete application form
• Submit required documents:
  • IC copy (front and back)
  • Latest 3-6 months salary slips
  • Bank statements (3-6 months)
  • EPF statement
  • Employment letter/contract
  • Latest income tax returns (if applicable)

Step 3: Credit Evaluation (3-7 days)

• Thorough credit report review
• Income verification with employer
• Bank statement analysis
• Debt service ratio calculation
• Internal credit scoring

Step 4: Approval Decision (1-2 days)

• Credit committee review
• Final approval with terms
• Loan agreement preparation

Step 5: Disbursement (1-3 days)

• Sign loan agreement
• Fund transfer to account
• First payment date notification

Total Timeline: 7-14 days

Non-Bank Application Process

Step 1: Initial Application (Same day)

• WhatsApp, phone, or online inquiry
• Basic information collection
• Preliminary assessment

Step 2: Document Submission (1 day)

• Simplified document requirements:
  • IC copy
  • Latest salary slip or bank statement
  • Employment confirmation (letter or EPF)

Step 3: Quick Evaluation (1 day)

• Basic credit check
• Income verification (may call employer)
• Affordability assessment

Step 4: Approval (Same day)

• Fast approval decision
• Terms finalization
• Agreement preparation

Step 5: Disbursement (1-2 days)

• Sign agreement (office visit or mobile signing)
• Immediate fund transfer
• Payment schedule setup

Total Timeline: 1-3 days

Real-World Scenarios: When to Choose Bank vs Non-Bank

Scenario 1: Excellent Credit, Stable Job

Profile: Sarah, government accountant, RM6,000 salary, credit score 780 Best choice: Traditional bank Why: Qualifies for lowest rates (5.5-8% p.a.), large loan amount, excellent terms Recommended: Government bank (BSN) for civil servant benefits

Scenario 2: Good Credit, Need Quick Funds

Profile: Ahmad, private sector engineer, RM8,000 salary, credit score 650, needs funds in 3 days Best choice: Non-bank lender Why: Fast approval meets urgent timeline, good credit gets reasonable rates Recommended: Established credit company like Ing Heng Credit

Scenario 3: Bad Credit, Urgent Financial Need

Profile: Lim, self-employed contractor, RM4,000 irregular income, credit score 450, recent defaults Best choice: Licensed non-bank lender Why: Banks will reject, non-bank accepts bad credit with current income focus Recommended: Licensed moneylender or credit company

Scenario 4: First-Time Borrower, No Credit History

Profile: Priya, fresh graduate, RM3,500 salary, no credit history, 6 months employment Best choice: Bank (with guarantor) or established non-bank Why: No negative credit to overcome, can build good credit history Recommended: Start with bank, backup with non-bank option

Scenario 5: High Income, Multiple Existing Loans

Profile: Robert, business owner, RM15,000 income, debt ratio 65%, needs debt consolidation Best choice: Non-bank lender Why: Exceeds bank debt ratio limits, non-bank more flexible on high earners Recommended: Specialist debt consolidation lender

Scenario 6: Retiree with Pension Income

Profile: Encik Hassan, retired civil servant, RM4,000 pension, age 62, good credit Best choice: Government bank Why: Pension-backed loans available, preferential terms for retirees Recommended: BSN pensioner scheme

Hidden Costs and Fees Comparison

Bank Fees Structure

Processing Fees:

• Range: 0.5% - 2% of loan amount
• Minimum: RM100 - RM500
• Maximum: RM2,000 - RM5,000
• Some banks waive for existing customers

Other Bank Fees:

• Stamp duty: 0.5% of loan amount
• Legal fees: RM300 - RM1,000 (if applicable)
• Early settlement fee: 2-3% of outstanding balance
• Late payment penalty: RM50 - RM200 per incident
• Returned cheque fee: RM30 - RM100

Annual Fees:

• Most personal loans: No annual fees
• Credit line facilities: RM100 - RM300 annually

Non-Bank Fees Structure

Processing Fees:

• Range: 1% - 3% of loan amount
• Often negotiable or waived for good customers
• May be absorbed into interest rate

Other Non-Bank Fees:

• Stamp duty: 0.5% of loan amount (legal requirement)
• Early settlement: Usually no penalty or 1-2%
• Late payment: 1-2% of overdue amount per month
• Documentation fee: RM100 - RM500

Transparent Pricing:

• Many non-bank lenders practice all-in pricing
• Fewer hidden fees compared to banks
• Clear disclosure of all costs upfront

Total Cost Comparison Examples

Example 1: RM50,000 Loan, 5 Years

Bank Option (Good Credit):

• Interest rate: 8% p.a.
• Monthly payment: RM1,013
• Total interest: RM10,780
• Processing fee: RM1,000
• Total cost: RM61,780

Non-Bank Option (Average Credit):

• Interest rate: 12% p.a.
• Monthly payment: RM1,112
• Total interest: RM16,720
• Processing fee: RM500
• Total cost: RM67,220

Difference: Bank saves RM5,440 over 5 years

Example 2: RM20,000 Loan, 3 Years

Bank Option (Excellent Credit):

• Interest rate: 6% p.a.
• Monthly payment: RM608
• Total interest: RM1,888
• Processing fee: RM400
• Total cost: RM22,288

Non-Bank Option (Bad Credit):

• Interest rate: 18% p.a.
• Monthly payment: RM722
• Total interest: RM5,992
• Processing fee: RM300
• Total cost: RM26,292

Difference: Bank saves RM4,004 over 3 years

However: Non-bank may be only option for bad credit applicants.

Documentation Requirements Checklist

Bank Documentation (Complete List)

Personal Documents:

• Malaysian IC (front and back copies)
• Passport photo (2 pieces, recent)
• Utility bill (as address proof)

Employment Documents:

• Employment letter/contract
• Latest 3-6 months salary slips
• EPF statement (latest)
• Income tax returns (previous year)
• Bank statements (3-6 months)

Financial Documents:

• Credit card statements (if applicable)
• Other loan statements (current)
• Investment statements (if any)
• Business registration (self-employed)

Additional Requirements:

• Guarantor documents (if required)
• Insurance coverage details
• Purpose of loan statement

Non-Bank Documentation (Simplified)

Essential Documents:

• Malaysian IC copy
• Latest salary slip or bank statement
• Employment confirmation (letter or EPF)

Additional Documents (May Request):

• Bank statement (1-3 months)
• Utility bill (address verification)
• Business registration (self-employed)

For Bad Credit Applicants:

• Explanation letter for credit issues
• Current income proof (more recent)
• Guarantor documents (if available)

Application Tips for Higher Approval Chances

For Bank Applications

Before Applying:

1. Check your credit report (CCRIS/CTOS)

   • Fix any errors or disputes
   • Clear small outstanding amounts
   • Understand your credit standing

2. Organize finances

   • Reduce existing debt ratios
   • Maintain consistent banking pattern
   • Avoid new credit applications 3 months prior

3. Choose the right bank

   • Apply where you have existing relationship
   • Consider banks where your salary is credited
   • Research each bank’s approval criteria

During Application:

1. Complete documentation

   • Submit everything requested upfront
   • Provide certified true copies
   • Include cover letter explaining loan purpose

2. Be honest and accurate

   • Don’t inflate income or hide debts
   • Explain any credit issues proactively
   • Provide additional supporting documents

3. Follow up professionally

   • Call weekly for status updates
   • Respond quickly to requests for information
   • Maintain good relationship with loan officer

For Non-Bank Applications

Preparation Tips:

1. Emphasize current income stability

   • Show consistent employment
   • Highlight recent salary increases
   • Demonstrate business growth (self-employed)

2. Address credit concerns upfront

   • Explain circumstances behind bad credit
   • Show current financial responsibility
   • Provide references if helpful

3. Consider offering guarantor

   • Strengthens weak applications
   • May improve interest rates
   • Shows additional commitment

Application Strategy:

1. Apply with established lenders

   • Choose licensed, reputable companies
   • Avoid illegal or unregistered operators
   • Research company background and reviews

2. Be prepared for quick decision

   • Have all documents ready
   • Be available for verification calls
   • Make decision quickly when approved

3. Negotiate terms

   • Ask about rate reductions for higher down payment
   • Inquire about loyalty discounts
   • Negotiate processing fees

Red Flags to Avoid

Predatory Lenders Warning Signs

Illegal Practices: ❌ No proper business registration or license ❌ Charging above legal interest rate limits ❌ Demanding original documents as collateral ❌ Threatening violence for late payments ❌ Door-to-door loan offers ❌ Asking for ATM cards or passwords

Suspicious Terms: ❌ Interest rates above 18% p.a. effective rate ❌ Unclear or hidden fees ❌ Pressure to sign immediately ❌ No proper loan agreement ❌ Payment only in cash ❌ No cooling-off period

How to Verify Licensed Lenders:

1. Check with Bank Negara Malaysia (BNM) licensed moneylender list
2. Verify company registration with SSM (Companies Commission)
3. Read online reviews and testimonials
4. Ask for proper business license and registration
5. Ensure they issue official receipts

Bank Application Red Flags

Avoid These Mistakes: ❌ Applying to multiple banks simultaneously ❌ Providing false information ❌ Hiding existing debts ❌ Not reading loan agreement terms ❌ Ignoring fine print clauses ❌ Missing payment dates after approval

Government Regulations and Consumer Protection

Legal Framework

Bank Negara Malaysia (BNM) Regulations:

• Maximum interest rate: 18% per annum effective rate
• Mandatory cooling-off period for certain loans
• Fair debt collection practices
• Proper documentation requirements
• Consumer grievance mechanism

Financial Services Act 2013:

• Protects consumer rights
• Regulates lending practices
• Sets disclosure requirements
• Establishes complaint procedures

Consumer Protection:

• Right to clear terms and conditions
• Protection from unfair practices
• Access to complaint channels
• Legal recourse for violations

What to Do If You Face Problems

With Banks:

1. Lodge complaint with bank’s customer service
2. Escalate to bank’s internal ombudsman
3. Approach Bank Negara Malaysia (BNM) TELELINK
4. Contact Ombudsman for Financial Services (OFS)

With Non-Bank Lenders:

1. File complaint with lender’s management
2. Report to Ministry of Domestic Trade and Consumer Affairs
3. Seek help from National Consumer Complaints Centre (NCCC)
4. Consider legal action if necessary

Making Your Decision: Step-by-Step Guide

Step 1: Assess Your Profile

Evaluate Your Credit Standing:

• Get free CCRIS report: myctos.ctos.com.my
• Review credit score and history
• Identify any issues that need addressing

Calculate Your Finances:

• Monthly income (stable vs irregular)
• Current monthly debt obligations
• Available down payment or deposit
• Emergency fund remaining after loan

Define Your Needs:

• Loan amount required
• How quickly you need funds
• Preferred repayment period
• Purpose of the loan

Step 2: Match Profile to Lender Type

Choose Banks If: ✅ Credit score above 650 ✅ Stable employment 6+ months ✅ Income above RM3,000 monthly ✅ Debt ratio under 60% ✅ No urgent timeline (can wait 1-2 weeks) ✅ Want lowest possible interest rates

Choose Non-Bank If: ✅ Credit score below 650 or bad credit ✅ Self-employed or irregular income ✅ Need funds within days ✅ Banks have rejected you before ✅ Want simpler application process ✅ Income under RM3,000 monthly

Step 3: Compare Specific Options

Research 3-5 Lenders:

• Compare interest rates for your profile
• Calculate total cost including fees
• Check eligibility requirements carefully
• Read reviews and testimonials
• Verify licenses and registrations

Get Pre-Approvals:

• Apply for preliminary assessment
• Compare actual rates offered
• Understand terms and conditions
• Evaluate customer service quality

Step 4: Make Final Decision

Consider Beyond Just Interest Rate:

• Total cost over loan term
• Customer service quality
• Flexibility in case of difficulties
• Reputation and stability
• Additional benefits or services

Before Signing:

• Read entire loan agreement
• Understand all fees and charges
• Know your rights and obligations
• Keep copies of all documents
• Set up payment reminders

Frequently Asked Questions

Q: Can I have multiple personal loans at the same time?

A: Yes, you can have multiple personal loans, but lenders will consider your total debt service ratio. Most lenders prefer total monthly debt payments (including the new loan) to be under 60-70% of your monthly income. Each additional loan application will be evaluated based on your remaining borrowing capacity.

Banks typically allow 2-3 active personal loans maximum. Non-bank lenders may be more flexible but will assess your total affordability carefully. Having multiple loans may also affect your credit score and future borrowing ability.

Q: What happens if I cannot pay my personal loan?

A: If you cannot pay your personal loan:

Early Action Steps:

1. Contact your lender immediately to explain situation
2. Request payment deferment or restructuring
3. Negotiate reduced payment plan temporarily
4. Seek financial counseling assistance

Consequences of Default:

• Late payment penalties and interest charges
• Negative impact on credit score and CCRIS record
• Legal action and possible court judgment
• Garnishment of salary or bank accounts (with court order)
• Difficulty obtaining future credit

Prevention Strategies:

• Build emergency fund covering 3-6 months payments
• Consider loan protection insurance
• Monitor your finances regularly
• Communicate early with lender if facing difficulties

Q: Is it better to get a larger loan amount with lower monthly payments or smaller amount with higher payments?

A: This depends on your financial situation and risk tolerance:

Larger Loan, Lower Payments Benefits:

• Better cash flow management
• More flexibility in monthly budget
• Lower stress from payment obligations
• Ability to invest surplus funds

Larger Loan, Lower Payments Drawbacks:

• Higher total interest paid over time
• Longer debt obligation period
• More exposure to interest rate changes
• Less equity built quickly

Smaller Loan, Higher Payments Benefits:

• Less total interest paid
• Faster debt clearance
• Lower overall financial risk
• Better debt-to-income ratio sooner

Recommendation: Choose the option that allows you to comfortably make payments even during lean months while minimizing total interest cost.

Q: Can foreigners get personal loans in Malaysia?

A: Yes, but options are very limited:

Eligible Foreigners:

• Expatriates with valid work permits
• Malaysia My Second Home (MM2H) participants
• Permanent residents
• Long-term employment pass holders

Requirements for Foreigners:

• Valid work permit or long-term visa
• Malaysian employment contract
• Local bank account with salary crediting
• Usually require local guarantor
• Higher income requirements (often RM5,000+)
• Limited to certain banks and non-bank lenders

Best Options:

• International banks where you have global relationship
• Banks where your employer has corporate banking
• Some non-bank lenders accept expats
• Consider applying jointly with Malaysian spouse

Most lenders prefer Malaysian citizens or PR holders due to enforcement and collection challenges with foreigners.

Q: Should I use my EPF savings or take a personal loan?

A: Each option has different implications:

Using EPF Savings Benefits:

• No interest charges
• No monthly payment obligations
• No credit check required
• Immediate access to funds

Using EPF Savings Drawbacks:

• Reduces retirement savings significantly
• Lost compound growth on withdrawn amount
• May face tax implications
• Limited withdrawal purposes allowed
• Cannot replace funds easily

Personal Loan Benefits:

• Preserves retirement savings
• Fixed repayment schedule
• Builds credit history
• Tax deductible if for business

Personal Loan Drawbacks:

• Interest costs (5-25% annually)
• Monthly payment obligations
• Credit check and eligibility requirements
• Risk of default consequences

General Recommendation: Use EPF only for genuine emergencies or high-return investments that exceed loan interest rates. For most purposes, personal loans preserve your retirement security better.

Next Steps: Apply for Your Personal Loan Today

Now that you understand the complete personal loan landscape in Malaysia, here’s how to get started:

For Bank Applications:

Best Bank Options by Profile:

• Government servants: BSN Personal Loan (5.5% p.a.)
• High income (RM10,000+): CIMB Xtra Cash (5.65% p.a.)
• Existing customers: Your current bank for relationship benefits
• SME owners: Hong Leong Bank Business Plus Personal Loan

Quick Application:

1. Check eligibility on bank websites
2. Gather all required documents
3. Apply online or visit branch
4. Follow up weekly for updates

For Non-Bank Applications:

Recommended Lenders:

• Established credit companies: Better rates and service
• Licensed moneylenders: Check BNM license list
• P2P platforms: Alternative for tech-savvy borrowers

Fast Application Process:

1. WhatsApp Inquiry: Send basic details and income proof
2. Quick Assessment: Get preliminary approval within hours
3. Submit Documents: Simplified documentation process
4. Fast Approval: Decision within 1-3 days

Contact Ing Heng Credit for Personal Loans:

Why Choose Ing Heng Credit:

• ✅ Accept all credit types including bad credit
• ✅ Fast approval within 1-2 days
• ✅ Competitive rates 8-18% p.a.
• ✅ 0% deposit options available
• ✅ Flexible eligibility requirements
• ✅ 40+ years financing experience
• ✅ High success rate approval

Get Started Today:

• WhatsApp: +60175700889
• Phone: +603-3362 1588
• Email: info@inghengcredit.com
• Visit: 47A, Jalan Raya Timur, Klang

What to Prepare:

• Malaysian IC
• Latest salary slip or bank statement
• Purpose of loan (optional)

What to Expect:

• Professional consultation in English/Malay/Mandarin
• Clear explanation of all terms
• No hidden fees or pressure tactics
• Quick decision with competitive terms

Operating Hours: Monday-Friday 9AM-6PM, Saturday 9AM-1PM

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About the Author:

This comprehensive guide was prepared by Ing Heng Credit & Leasing, Malaysia’s trusted personal loan specialist since 1985. We’ve helped thousands of Malaysians secure personal financing for their various needs, from debt consolidation to business startup capital.

Published: December 21, 2025
Last Updated: December 21, 2025
Read Time: 12 minutes