Al Rajhi Personal Financing-i

A Shariah-compliant personal financing from Al Rajhi Bank that helps you meet financial goals and consolidate debts at lower profit rates and flexible tenures.

Al Rajhi Personal Financing-iFinance Up To RM250K
Profit Rate
From 6.2% p.a.
up to RM250k
up to 8 years
Loan Type
Unsecured Islamic Financing
Min. Income

Loan calculator

Profit rates

Based on your loan amount & loan period, the profit rates are as low as the following

Financing ValueFinancing periodYour IncomeProfit Rate
RM10,000 - RM250,00012 monthsmin. RM60,0006.2% p.a.
RM10,000 - RM250,00012 monthsmin. RM60,0006.25% p.a.
RM10,000 - RM250,00024 monthsmin. RM60,0006.36% p.a.
RM10,000 - RM250,00024 monthsmin. RM60,0006.42% p.a.
RM10,000 - RM250,00036 monthsmin. RM60,0006.62% p.a.
RM10,000 - RM250,00036 monthsmin. RM60,0006.79% p.a.
RM10,000 - RM250,00048 monthsmin. RM60,0006.78% p.a.
RM10,000 - RM250,00048 monthsmin. RM60,0006.96% p.a.
RM10,000 - RM250,00060 monthsmin. RM60,0007.08% p.a.
RM10,000 - RM250,00060 monthsmin. RM60,0007.27% p.a.
RM10,000 - RM250,00072 monthsmin. RM60,0007.4% p.a.
RM10,000 - RM250,00072 monthsmin. RM60,0007.59% p.a.
RM10,000 - RM250,00084 monthsmin. RM60,0007.92% p.a.
RM10,000 - RM250,00084 monthsmin. RM60,0008.12% p.a.
RM10,000 - RM250,00096 monthsmin. RM60,0008.18% p.a.
RM10,000 - RM250,00096 monthsmin. RM60,0008.39% p.a.

Fees & Charges

Profit Rate / APR
As low as 6.2% p.a.,depending on financing amount and period
Processing Fee
Stamp Duty
 0.5%  of the whole amount
Early Termination Fee
Late Penalty Fee


Minimum Annual Income
Minimum Age
  • 21 to 60 years old
Who can apply
  • Malaysians
  • Salaried employee
  • MNC/PLC/GLC employee
  • Non-MNC/PLC/GLC employee

More Information

What can I get from Al Rajhi Personal Financing-i?

Al Rajhi Bank offers a financing amount between RM10,000 to RM250,000 (or up to eight times your monthly income) to all salaried and permanent employees.

This unsecured Islamic personal loan can be used for personal consumption, home improvement, holiday, medical, education, investment, small business financing and debt consolidation.

The profit rate, on the other hand, is dependent on the types of companies you're working with, either MNC/PLC/GLC or Non-MNC/PLC/GLC; as well as your minimum annual income including your choice of tenure.

Check out the tables below for better clarity of what you may get when applying for Al Rajhi Personal Financing-i.

For customers working with MNC/PLC/GLC companies:

Minimum Annual IncomeFinancing TenureProfit Rate
RM42,0001 year6.20% p.a.
RM42,0002 years6.36% p.a.
RM42,0003 years6.62% p.a.
RM42,0004 years6.78% p.a.
RM42,0005 years7.08% p.a.
RM42,0006 years7.40% p.a.
RM42,0007 years7.92% p.a.
RM42,0008 years8.18% p.a.

For customers working with Non-MNC/PLC/GLC companies:

Minimum Annual IncomeFinancing TenureProfit Rate
RM42,0001 year6.25% p.a.
RM42,0002 years6.42% p.a.
RM42,0003 years6.79% p.a.
RM42,0004 years6.96% p.a.
RM42,0005 years7.27% p.a.
RM42,0006 years7.59% p.a.
RM42,0007 years8.12% p.a.
RM42,0008 years8.39% p.a.

Can I consolidate my credit card and personal loan debts with Al Rajhi Personal Financing-i?

Yes, you can. 

Al Rajhi Personal Financing-i allows for debt consolidation under its Balance Transfer programme at lower monthly instalments and fixed profit rates. 

How fast can I get my money?

Once you have applied for Al Rajhi personal loan, you will be required to open either a Current Account or Savings Account with Al Rajhi Bank. 

The financing application is usually processed within 24 hours, after which you will get to access your money via your account with Al Rajhi Bank.

What are the fees and charges of this Islamic personal loan?

Al Rajhi Bank does not charge a processing fee, late payment fee or early termination fees. 

A Stamp Duty of 0.50% will be charged on the total borrowed amount. 

As for the Balance Transfer, a Lawyer's fee of RM20 will be applied.

What is my monthly commitment?

Your monthly instalment will be due every first of the month, which means the payment of this personal financing must be completed before or on the due date.

While Al Rajhi Bank does not charge a late payment fee on overdue instalment payments, the Islamic bank has the right to take legal action against you to recover the non-paid outstanding amount.

This, in turn, can affect your credit rating and make it difficult for you to apply for personal loans with other banks in the future. 

Who can apply for this personal financing from Al Rajhi Bank?

Any Malaysian individual aged 21 years and above with a minimum monthly income of RM4,500* can apply for this unsecured personal financing. 

*Subject to a minimum annual income of RM60,000 and fixed income earner only

You will be asked to provide supporting documents such as:

Salaried Employee:

  • A copy of your IC (both sides)
  • Latest 3-months payslips
  • Latest 3-months bank statement
  • Latest EPF statement


  • A copy of your IC (both sides)
  • A copy of your Business Registration Form
  • A copy of Forms 9, 24 and 49
  • Latest 6-months company bank statement
  • Latest 2 years of Form B or Form EA with an official tax receipt

*If you’re self-employed, the bank may request other supporting documents for your application

Am I qualified to apply for Al Rajhi personal loan if I'm blacklisted?

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

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

Al Rajhi Bank 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.

I’m interested to apply! Tell me about the steps

To apply online for Al Rajhi Personal Financing-i, kindly follow these simple steps below:

  • Click on the Apply Now button
  • You will then be directed to our WhatsApp chatbot
  • Start your application by answering some questions asked by our chatbot
  • Once you're finished, your answers will be submitted to Al Rajhi Bank to be processed as an application
  • Within 3 working days, Al Rajhi Bank will contact you and help you with your loan application
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