Home renovation
Kitchen cabinets, rewiring or a roof repair, paid to the contractor in one go. Example: RM 20,000 over 12 months at 4.9% p.a. is RM 1,711.23 a month, with RM 534.79 interest in total.
Personal Loan
One lump sum for a planned expense, repaid in equal monthly instalments over 3 to 108 months.
p.a., every term4.9%
- p.a., every term
- 4.9%
- Amount
- RM 1,000 – 100,000
- Period
- 3 – 108 months
- Repayment
- Equal monthly instalments; settle early with no penalty
What you can use it for
For working adults with a steady income who need RM 1,000 to RM 100,000 for something specific, such as a renovation, course fees or medical treatment. You repay the same amount every month for 3 to 108 months, and can settle early with no penalty.
Education
A professional certificate, a diploma or your child's college fees. If you qualify for PTPTN or a scholarship, use that first: it usually costs less.
Medical and dental
Braces, implants or treatment your insurance or takaful doesn't cover. Ask the clinic about an instalment plan too, and compare the total cost.
Clearing costlier debt
Pay off card balances or other loans charged at a higher rate, so you have one instalment at a lower rate. Only worth it if you stop using the cleared cards.
See your monthly repayment
Drag the amount and pick a period. You'll see the monthly instalment, the total interest and how each payment splits between interest and principal, at 4.9% p.a., the same rate for every period. Every approved customer pays 4.9% p.a., and your adviser confirms your amount and instalment before you sign.
See rates and feesWho can apply
- Salaried or self-employed, aged 21 – 60, Malaysian citizen or PR
- A steady income you can show with payslips or bank statements
- A Malaysian bank account in your own name
- Up to date on your current repayments (recent arrears make approval harder)
What you'll need
- Your MyKad, verified when you sign with our licensed lending partner (this website never asks for your IC number)
- A Malaysian bank account in your name, for the payout and your repayments
- A mobile number in your name that you use for WhatsApp
- Salaried: your latest 3 months' payslips, or bank statements showing your salary coming in
- Self-employed or gig worker: your latest 3 months' bank statements showing regular income, plus platform earnings statements if you drive or deliver
- Helpful if you have it: your latest Borang BE or Borang B (LHDN e-Filing) and your EPF (KWSP) statement, which show a longer income history
Still comparing? Leave your number and we'll do the maths
Sending an enquiry won't check your credit record and doesn't commit you to anything. An adviser will message you on WhatsApp, usually within 1 working hour, with a rough idea of how much you could borrow, your likely rate and your monthly repayment.
How is my interest rate decided?
Our rate is 4.9% p.a. for every term from 3 to 108 months. Every approved customer pays this rate, well within the 18% p.a. legal cap for unsecured loans. Your income, existing commitments and credit record decide whether you're approved and how much we can lend. Your adviser confirms the amount, term and monthly instalment on WhatsApp before you sign anything.
What affects whether I'm approved?
Mainly four things: whether your income is steady and can be verified; how much of your income already goes to repayments (your debt service ratio, or DSR); your repayment record over the last 12 months in CCRIS and any CTOS records, such as legal action; and whether the details in your application match your documents. Our licensed lending partner checks CCRIS and CTOS with your consent only after you apply. The calculator and enquiries don't check your credit.
How do the monthly repayments work?
You pay the same amount each month by bank transfer, FPX or JomPAY. Interest is charged only on the balance you still owe, so each payment clears a little more principal than the one before. Example: RM 20,000 over 12 months at 4.9% p.a. is RM 1,711.23 a month and RM 534.79 interest in total. Over 36 months at the same 4.9% p.a. the instalment drops to RM 598.52, but total interest rises to RM 1,546.73.
Can I settle early, and how much would I save?
Yes, at any time, with no penalty or fee. Interest stops on the day you settle. Example: on RM 20,000 over 12 months at 4.9% p.a., settling right after your 6th instalment means paying the remaining RM 10,122.26 and saves RM 145.15 of interest. Ask your adviser for your exact settlement amount, or try our early settlement calculator.
When is a personal loan not the right choice?
If you only need the money for a few weeks, a Short-term Loan usually costs less. If the instalment would stretch your budget, borrow less or choose a longer period. For study fees, check PTPTN first. If you're already behind on several debts, AKPK offers free counselling and may be a better first step than a new loan. We don't fund property purchases, share or crypto trading, or gambling.
Can I borrow again later?
Yes. Message your adviser when you need to, and we'll look at a new application. Each loan is assessed and signed separately, based on your situation at the time.
Other loans
Loans by purpose
Guides for common reasons to borrow, with an example and what to check first.
- Renovation loanPay your contractor and furnish your home, then spread the cost over monthly instalments.Read the guide
- Education loanCourse fees, professional certifications or your child's tuition, repaid monthly.Read the guide
- Medical loanTreatment, procedures or dental work not covered by insurance, repaid monthly.Read the guide
Apply for a Personal Loan in about 3 minutes
Work out your monthly repayment first with our calculator. Your adviser confirms your rate before you sign, and applying doesn't commit you to borrow.