Compare Personal Loan Rates Malaysia 2024
Find the best personal loan for your needs. Compare interest rates, fees, approval times, and features from top lenders in Malaysia.
| Lender | Interest Rate | Processing Fee | Max Amount | Approval Time | Rating | Action |
|---|---|---|---|---|---|---|
Amanah Best Credit BEST CHOICE | 3.88% p.a. | 1% | RM200,000 | 24 hours | ★4.8 (638 reviews) | Apply Now |
Bank A | 4.20% p.a. | 2% | RM150,000 | 3-5 days | ★4.2 (1203 reviews) | Visit Branch |
Bank B | 5.50% p.a. | 2.5% | RM100,000 | 5-7 days | ★4 (876 reviews) | Visit Branch |
Lender C | 6.80% p.a. | 3% | RM80,000 | 2-3 days | ★3.8 (542 reviews) | Visit Branch |
Amanah Best Credit
BEST CHOICE★4.8
(638)
Interest Rate:3.88% p.a.
Processing Fee:1%
Max Amount:RM200,000
Approval:24 hours
Highlights:
- Lowest rates
- Fast approval
- Flexible terms
- No hidden fees
Bank A
★4.2
(1203)
Interest Rate:4.20% p.a.
Processing Fee:2%
Max Amount:RM150,000
Approval:3-5 days
Highlights:
- Established bank
- Wide network
- Online banking
Bank B
★4
(876)
Interest Rate:5.50% p.a.
Processing Fee:2.5%
Max Amount:RM100,000
Approval:5-7 days
Highlights:
- Easy application
- Multiple branches
Lender C
★3.8
(542)
Interest Rate:6.80% p.a.
Processing Fee:3%
Max Amount:RM80,000
Approval:2-3 days
Highlights:
- Quick process
- Minimal documents
What to Consider When Comparing Loans
Effective Interest Rate
Look beyond the advertised rate. Consider processing fees, stamp duty, and other charges to calculate the true cost.
Approval Speed
If you need funds urgently, prioritize lenders with fast approval times (24-48 hours) over those taking 5-7 days.
Flexibility
Check for flexible repayment options, early settlement terms, and penalties. The best loans allow you to pay off early without heavy fees.
Customer Reviews
Read real customer experiences. High ratings (4.5+) indicate reliable service, transparent fees, and good customer support.
Ready to Apply for the Best Rate?
Get started with Amanah Best Credit - the most competitive rates in Malaysia