Agrobank AgroCash-i

Open to government employees and GLC staff, borrow for up to 10 years at competitive rates and start pursuing your agricultural dreams with Agrobank.

Agrobank AgroCash-iLow Income Can Apply
Profit Rate
from 5.2% p.a.
up to RM200k
up to 10 years
Loan Type
Unsecured Islamic Financing
Takaful Insurance
Min. Income

Loan calculator

Profit rates

How much the bank charges you based on your loan amount & loan period

Financing ValueFinancing periodYour incomeProfit Rate
RM1,000 - RM200,00012 to 120 monthsmin. RM12,0005.2% p.a. - 5.7% p.a.

Fees & Charges

Profit Rate / APR
As low as 5.2% p.a., depending on financing amount and period
Processing Fee
RM30, subject to 6% service tax (if applicable)
Stamp Duty
 0.5%  of the whole amount
Early Termination Fee
Late Penalty Fee
 1%  from current outstanding amount
Mode of Payment
You must pay your financing installment by salary deduction
Optional Takaful coverage with this financing


Minimum Annual Income
Minimum Age
  • 18 to 60 years old
Who can apply
  • Malaysians
  • Government employee
  • Government-Linked Company employee

More Information

Start sowing the seeds for your business and realize your dream of becoming a successful agropreneur in Malaysia with the help of Agrobank AgroCash-i, an unsecured personal financing for agriculture and agro-based activity.

Who can apply for Agrobank AgroCash-i?

This Islamic personal loan is open to both PERMANENT government servants and selected government linked companies' employees. 

To qualify for Agrobank AgroCash-i Islamic personal loan, you must meet the following requirements:

CriteriaGovernment EmployeeGLC Staff
Age18 to 60 years old21 to 60 years old
Monthly IncomeRM1,000 and aboveRM2,000 and above
Duration of Employment> 6 months of service (confirmed or under probation)> 1 year of service
BPA Deduction< 60% of gross monthly income< 50% of gross monthly income

How much can I borrow from this Agrobank Islamic personal loan?

The maximum amount you can borrow from AgroCash-i is RM200,000, both for government servants and GLC employees.

Applicant working in the government sector will enjoy competitive profit rates between 5.20% p.a. to 5.70% p.a., whereas GLC employees will also get different profit rates such as below:

TenureProfit Rate
12 to 36 monthsBR + 3.22% p.a.
48 to 120 monthsBR + 3.67% p.a.

Note: Agrobank current Islamic Base Rate is at 2.35%

Agrobank takes into account your credit history before determining your profit charges. 

This is to see whether you have been keeping up with your loan repayments and has a clean status (no restructuring / refinancing of loan). 

Agrobank AgroCash-i personal financing does not only offers a higher financing limit and longer repayment tenures up to 10 years, but also promises you a fast approval application, provided you have met all borrowing requirements.

What are the fees and charges?

There is no processing fee for AgroCash-i personal financing. However, Agrobank charges you a Brokerage Fee of RM30 to facilitate each Tawarruq transaction.

Your financing amount will also be subjected to an Advance Payment which is equal to a 3-month installment and a government stamp duty of 0.5%, both are deductible from the total approved financing amount.

How do I pay for my monthly installment?

Your monthly installment will be deducted directly from your salary account via Biro Perkhidmatan Angkasa (BPA) for an easy and hassle-free repayment. 

You can make an early settlement of your AgroCash-i personal financing at zero penalties. In fact, Agrobank will grant you an Ibra' (rebate).

Do I need a Takaful coverage?

You are advised to sign up for Skim Takaful Kredit to cover for the liability of indebtedness in the event of death or permanent disablement. 

You can apply for a Takaful coverage via Agrobank's panel of Takaful providers or your own choice.

What documents are required to apply for Agrobank personal loan?

There are a few documents that you would need before making your way to the nearest Agrobank branch:

  • Copy of MyKad
  • Latest 3-months salary slip
  • Latest 3-months bank statement from salary crediting account
  • Confirmation Letter from Employer

Am I qualified to apply for Agrobank AgroCash-i if I'm blacklisted?

Depending on your credit history with other financial institutions because all these information (outstanding credit card, personal loan, home loan or car loan debts) will be captured in CCRIS / CTOS (a system that collect credit information on borrowers, not blacklisting them).

Assuming you have poor credit standing due to irregular payments, the best course of action would be to break the habit and start making your payments on time to avoid future hurdles.

Agrobank is more likely to approve your personal loan application if you can show that you are managing your personal finances, rather than accumulating more debt.