Kuwait Finance House Personal Loan






Kuwait Finance house (KFH) is one of the early bank that establish in accordance to syariah law. This is probaly one of the first modern Islamic bank in the world. Today KFH has subsidiaries across the world ranging from Middle east, Europe and Asia inclusive of Malaysia.

2 years to 5 years – 5.99% p.a.
6 years to 9 years – 3.99% p.a.
Minimum amount of loan from RM 2,000 to RM 200,000
Minimum monthly salary of RM 24,000 p.a.
Minimum 2 years to a maximum of 9 years financing
No guarantor and collateral needed
Shariah and Murabahah based
Malaysian citizens only
Available for Government servant with minimum 1 year of service only

KFH Personal Financing-i is a personal loan package that is offered only to government personnel in Malaysia. This loan is fully Islamic compliant and is based on Shariah Murabahah concept. This loan offers from RM 2,000 up to RM 200,000 of financing with minimum 2 years up to 9 years of repayment with overlap option. The interest rates of this loan would be based on amount borrowed and financing tenure. One can enjoy a low 3.99% p.a. with 6 to 9 years repayment while 5.99% p.a. for 2 to 5 years repayment period. Personal Financing-i is unsecured which no guarantor and collateral is needed.

Charges and Fees

Takaful insurance is compulsory with the loan.


As of all government loans, the repayment of the loan is done via Biro Perkhidmatan Angkasa (BPA) or automatic salary deduction


This loan is only available for Malaysian Government sector. Eligible applicants must be aged between 19 to retirement age at the end of loan. This loan is offered to Government staffs with permanent position and 1 minimum of 1 year in service. The minimum salary requirement would be RM 2,000.00 per month.


Applicants will have to produce their IC, most recent payslip and Employment confirmation letter.

  • Photocopy Malaysian Identity Card (Both sides)
  • Most recent payslip
  • Most recent EPF Statement

Repayment Table



Standard Chartered Personal Loan



Standard Chartered CashOne , Pinjaman Peribadi
No guarantor and collateral needed
Quick approval
RM 1,000 to RM 150,000 of financing available
Maximum 5 years repayment
Lowest 0.75% monthly interest rate


CashOne is unsecured where it does not require any any collateral or guarantor. This loan is not Shariah compliant. CashOne gives finance up to 4 times the customer’s monthly salary. Repayment period of the installment is from 12 months (1 year) to 60 months (5 years) and the interest rates are as low as 0.75% per month. This would amount to 9% p.a. flat rate. 

Applicant will also have the choice to link their CashOne to their credit card limit. For any repayment that is repaid will be converted into credit card limit.


There are no processing fees required while late repayment are charge 1% p.a. on a daily basis.


An applicant can be a Malaysian citizen or foreigners aged 21 to 65 years old with a minimum monthly salary of at least RM2,000 per month.


An applicant must open account with the bank before they could done their repayment. Monthly repayment is via a standing instruction.



  1. A copy of MyKad (front and back)
  2. Most recent payment slip
  3. Most recent bank statement
  4. Most recent EPF statement
  5. Most recent BE form (income tax)


  1. A copy of MyKad (front and back)
  2. Most recent 6 months bank statement with copies of business registrations
  3. Most recent BE form (income tax) with receipt

Repayment Table

SC Personal Loan repayment table


Among the privileges that a customer could get from this loan package includes

  • Customers don’t have to pay their Platinum credit card annual fee.
  • No lock in period (can overlap) but customers have to send a notice prior a month for the bank to release a settlement letter.
  • Every time a customer paid their monthly installments, their credit card limit will increased according to the amount that they have paid. This could help if they needed some emergency cash or they have out of money in any months.


Quick Cash EDGE

Personal loan scheme called Quick Cash is for employee working for the government or private sector as well as self-employed workers. Minimum amount for the finance for the loan is RM2,000 while the maximum amount is RM150,000 or 5 times the customer’s monthly salary. Minimum tenure for the loan is 12 month (or a minimum of 24 months if the loan amount is less than RM15,000) while the maximum tenure is 60 months (5 years). The interest rate is based on the flat rate up to 0.88% per month, according to the salary, amount and duration of the finance. Customers will be charged a late payment penalty up to 1% from the outstanding amount. This loan package doesn’t need any collateral or guarantor.


Personal Financing-i

Standard Chartered Personal Financing-i is a fully Islamic compliant loan that is based on Shariah concept. It operates on commodity trading concept. This loan is also requires no collateral and guarantor.


Standard Chartered is an international banking group with an extensive network of over 1700 branches and also branches in more than 70 countries in Asian Pacific, South Asia, Middle East, Africa, United Kingdom and America regions. Standard Chartered started its operation in Malaysia in 1875 when its first branch is opened for business in Beach Street, Pulau Pinang. The bank has been incorporated locally as Standard Chartered Bank Malaysia Berhad on 29 February 1984. As the first and oldest bank in this country with over 140 years of history, Standard Chartered up to this day has over 40 branches with 7,000 workers throughout the country.

Today, customers are seeking the personal loan offered by the bank as a deposit for new home, chances, business investment, pursuing studies, settling credit card debt or home renovation. No matter the reasons, the personal financing gives the customers additional finance and freedom to do more than they could think with the loan.


Public Bank Personal Loan


BAE Personal Financing-I (Public Sector only) 

Form RM 5,000 to RM 150,000 financing available
Interest starts from 6.0% to 8.5%
No guarantor and collateral needed
Only available for selected panel companies, Telcos, Universities , Petronas group and panel of public listed companies
Aged from 20 years to 60 years old with minimum 3 years working experience.
Malaysian Citizens only

BAE Personal Financing-I is based on the concept of Bai Al-Inah which means  a financing facility with the underlying buy and sell transactions between the financier and the customer. The concept is based on Shariah where the financier buys an asset from the customer on spot basis. The price paid by the financier constitutes the disbursement under the facility. Subsequently the asset is sold to the customer on a deferred-payment basis and the price is payable in installments.

The minimum loan tenure is 2 years and the maximum will be 10 years. Based on the eligibility, customers who apply for the loan will be eligible to get loans from RM 5, 000 to RM 150, 000.To ease customers payment method, Public Bank will deduct the loan monthly payment from the customers salary.

Customers enjoy great benefits as Public Bank offers quick cash up to RM 150,000 and a hassle-free payment from 2 to 10 Years, as it is automatically deducted from customers’ salary with special arrangement with the employer. Another important factor, no guarantor required for loan application. Also if customers plan to terminate the loan by paying back the full amount, there is no early termination fee (please double check during the period of your loan application).

Here is a simple calculation when you borrow basing on the loan period, income and interest rate:

RM5000 – 150000                  24 to 36 months                      min. RM24000                       3.4%

RM5000 – 150000                  48 to 120 months                    min. RM24000                       4.99%

(Interest Rate / APRfrom 3.4% to 4.88%, depending loan amount and period)


Once the loan is approved, normally after a few working days, the borrowed funds will be transferred to the Public Bank account of your choice.


Once the loan is approved there is some additional cost customers must keep in mind such as processing fee RM100, stamp duty 0.5% of borrowed amount and late Penalty fee 1% of amount in arrears mode of payment. Further administration charges can vary according to the amount that you are borrowing and the type of Security Documents you need to provide. The loan includes Takaful Insurance policy which is linked to the loan when customers apply. Takaful is encouraged although not compulsory


In order to cater to customers convenience of personal financing with BAE Personal Financing-I, Public Bank has a very transparent method in loan application. Customers who apply for the loan must be Malaysian citizen aged 20 years above and below 60 years with a permanent job of at least 3 years in service in any one of Public Bank’s approved agencies. Applicant must also have a minimum salary of RM 1,500 per month.


To apply for the loan, customers need to make a copy of NRIC (front and back), latest 3 month’s salary slips or EPF statements, letter from employer confirming position and salary. Any additional documents; Public Bank representative will guide you during the application.

Repayment Table

Repayment for the loan is done via Biro Angkasa method.

Public Bank BAE Repayment table



  • Low income requirements of RM 1,500


  • Available to public sector only

Public Bank 

Public Bank is the biggest domestic bank in Malaysia by shareholders’ funds. It focuses on retail customers and small to medium sized enterprises. The bank was founded in 1966 by Teh Hong Piow, the then general manager of Malayan Banking. The bank was listed on the Malaysian Stock Exchange in 1967.Public Bank offers loans to customers to purchase a home, car and business venture. Currently there are many types of loans promoted by Public Bank. However BAE Personal Financing-I under Public Bank Islamic got my attention.