Public Bank Personal Loan


BAE Personal Financing-I 

Public Bank Personal Loan , Pinjaman Peribadi
Public sector employees and government servants only
Form RM 5,000 to RM 150,000 financing available
Interest starts from 6.0% to 8.5%
No guarantor and collateral needed
Easy Repayment via Biro Angkasa scheme
Only available for selected panel companies, Telcos, Universities , Petronas group , panel of public listed companies and federal or state level government staffs
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.

This personal loan is only offered to public sector employees from federal and state level government staffs.  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 / APR from 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 or any other methods


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


This loan is only offered to anyone who is employed in public sector and panel list of GLCs. Government staffs from all federal and state level can apply for the loan.

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 58 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 3,000 per month.


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

Takaful Insurans

Applicants are also encouraged to take Takaful Insurans with the loan.

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


BAE AG Personal Financing-i 

Form RM 11,000 to RM 150,000 financing available
Interest starts from 6.0% to 8.5%
No guarantor and collateral needed
Only available for selected Public sector employees
Aged from 20 years to 58 ears old with minimum 3 years working experience.
Malaysian Citizens only

BAE AG Personal Financing is catered for selected government agencies.  One has to be at least 1 year permanent staffs to be eligible for the personal loan.


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.