Al Rajhi Bank

Al Rajhi Personal Financing-i

Fulfill your personal needs or liberate yourself from debts with a Shariah compliant personal financing plan at low profit rate and flexible repayment terms

    • Financing up to RM150k
    • Up to 8 years tenure
    • Unsecured Islamic Financing
  • Borrow: RM 
    How Long: years
    My monthly income: RM  

    Monthly repayment: RM-

    Profit rate p.a.: -%

Get RM50 Tesco Voucher with Al Rajhi Personal Financing!

Get RM50 Tesco Voucher with Al Rajhi Personal Financing!

Apply online now for Al Rajhi Personal Financing-i

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Profit rates

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

Financing ValueFinancing PeriodYour IncomeProfit Rate
RM10000 - RM15000024 to 96 monthsmin. RM600004.99% p.a.

Fees & Charges

There are always fees but how much are they?

Profit Rate / APR
As low as 4.99% p.a., depending on financing amount and period
Processing Fee
Stamp Duty
0.5% of the whole amount


Are you eligible for this personal financing?

Minimum annual income
Minimum age
25 years old
Maximum age
60 years old
Who can Apply
  • Malaysians

Frequently Asked Questions about Al Rajhi Personal Financing-i

Things you might want to know

Can I take up Al Rajhi Bank Personal Financing-i for debt consolidation?

Yes, you can. Al Rajhi Bank allows for anyone who is eligible to apply for this Personal Financing-i for the purpose of debt consolidation under the Balance Transfer option. Pay off your credit cards outstanding debts or personal loans with other financial institutions at attractive low profit rate.

Besides that, you can also sign up for Al Rajhi Bank personal financing for various personal reasons such as purchasing asset for investment, placing a down payment for your new vehicle or home or meeting your child's education needs among others.

How much money can I borrow?

If you're looking to secure a higher financing limit, this personal financing offers you to borrow up to RM150,000, or 5x your monthly salary, whichever is lower. That is considerably higher than most products in the market in addition to the choice of repayment terms between 2 to 8 years. 

To top it off, you can get a low and flat profit rate for the whole period of borrowing, despite without any guarantor or required security, subject to Al Rajhi Bank's approval nonetheless.

How fast can I get my money?

First, 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.

Are there fees and charges for Al Rajhi Bank personal financing?

To make it less costly and more convenient for you to get your hand on this personal financing, Al Rajhi Bank does not charge all those sticky fees including processing, late payment and early termination fees.

You are only required to pay for the government Stamp Duty of 0.50%, which is deductible from the total borrowed amount, Takaful fee (subject to the financing amount, tenure and age) and Bursa Transaction Fee (under Commodity Murabahah contract). 

What is my obligation for this personal financing and what happens should I fail?

You only have one job, which is to make a regular monthly instalment payment on or before its due date until the end of this personal financing tenure. If you wish to settle Al Rajhi Bank Personal Financing-i before maturity, you can do so at any time and will be granted with a rebate.

However, if you're consistently late on your repayment, consequence is you will leave a bad impression on your credit rating, making it more difficult for you to secure credit lines from any financial institutions in the future.

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

Any Malaysian individuals aged 25 years and above with a minimum monthly income of RM5,000 can apply for this unsecured personal financing. You will be asked to provide supporting documents such as:

Salaried Employee

  • Copy of MyKad (front and back).
  • Latest 3-months salary slip with Reference Letter from your Employer.
  • Latest 3-months bank account statement.


  • Copy of MyKad (front and back).
  • Business Registration Certificate (must be at least two years old) and Articles of Association.
  • Latest 6-months bank statement.
  • Most recent Form B from the Inland Revenue Board.
  • Latest 3-years audited or un-audited or management draft accounts.
  • Memorandum and articles of association.

Am I qualified to apply for Al Rajhi Bank personal financing 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.

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.

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