Alliance Bank CashFirst Personal Loan

CashFirst is your go-to personal loan for achieving your goals. Borrow for up to 7 years at flat interest rates and get approved quickly. Get 30% cashback on interest paid, valid until 30 September 2024!

Alliance Bank CashFirst Personal LoanFrom 4.99% p.a.
Interest Rate
From 4.99% p.a.
up to RM300k
up to 7 years
Loan Type
Unsecured Loan
Min. Income

Get a FREE
Cashback Giveaway From Alliance Bank Up To 30%
worth RM38,000
when you apply through RinggitPlus *

Cashback Giveaway From Alliance Bank Up To 30%

Loan calculator

For illustration purposes only. The final loan amount, monthly repayment, plus the interest rates are subject to the bank's assessment and approval.

Interest rates

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

You borrowLoan periodYour IncomeInterest rate
RM5,000 - RM300,00012 monthsmin. RM36,0004.99% p.a.
RM5,000 - RM300,00024 monthsmin. RM36,0005.99% p.a.
RM5,000 - RM300,00036 to 48 monthsmin. RM36,0009.99% p.a.
RM5,000 - RM300,00060 to 84 monthsmin. RM36,00011.18% p.a.
RM5,000 - RM300,00060 to 84 monthsmin. RM36,00016.68% p.a.

Fees & Charges

Interest Rate / APR
As low as 4.99% p.a.,depending on loan amount and period
Processing Fee
Stamp Duty
 0.5%  of the whole amount
Early Termination Fee
Late Penalty Fee
 1%  from current outstanding amount


Minimum Annual Income
Minimum Age
  • 21 to 60 years old
Who can apply
  • Malaysians

More Information

What's so great about Alliance Bank CashFirst Personal Loan?

If you're looking for a fast approval and seamless online application type of personal loan for your consumptions, don't look any further than Alliance CashFirst.

With this personal loan, you get to benefit from low and fixed (flat) interest rates from 4.99% per annum up to 16.68% per annum with a high loan amount of up to RM300,000 (For applicants with a minimum income of RM15,000. Otherwise, RM200,000 is the maximum financing amount). The Alliance Bank CashFirst Personal Loan offers you fast approval and disbursement subject to the Bank's approval criteria.

Other key features that are worth highlighting include:

  • No guarantor or collateral is required
  • 30% cashback on interest paid (limited-time offer!)

Alliance Bank Personal Loan 30% Cash Back Campaign

For a limited time, approved applicants of Alliance Personal Loan or Personal Financing-i may stand a chance to get 30% Cash Back exclusively by Alliance Bank and Alliance Islamic Bank.

This promotion runs from 1 July 2024 to 30 September 2024 (“Campaign Period”), subject to the campaign's terms and conditions.

Who is qualified for this promotion?

This campaign is open to new individual customers who apply for a new Alliance Personal Loan or Alliance Personal Financing-i through Alliance Bank’s website or Sales channel.

To be eligible, you must earn a gross monthly income of RM3,000 as a salaried employee or RM5,000 if you are self-employed. Additionally, the financing facility you are applying for also must be approved and disbursed during the Campaign Period to be eligible as a “Qualified Customer”.

Those who are not eligible for this promotion include the following:

  • Customers who have participated in other promotional offers on preferential rates for the Facility during the Campaign Period
  • Customers whose account(s) with the Bank are unsatisfactorily conducted; and
  • Any other persons whom the Bank may exclude according to its internal policies

Which personal loan(s) can I apply for?

You can apply for:

  • Alliance Bank CashFirst Personal Loan
  • Alliance Bank CashVantage Personal Financing-i

How to be eligible for the 30% Cash Back?

The 30% Cash Back is up for grabs on the total interest or profit payable on the approved and already disbursed Financing Facility during the Campaign Period.

That said, to be entitled to the Cash Back, you as the Eligible Customer must pay the monthly instalment amount of the Financing Facility before the due date during the entire tenure of the said Facility (“Qualified Customers”) before being eligible for the 30% Cash Back.

When will the 30% Cash Back be credited to my account?

Based on the T&C, the first Cash Back will be paid one (1) day after the fourth (4th) instalment due date. The last Cash Back, on the other hand, will be paid one (1) day after the instalment of T-8 months—which refers to the eight (8) months before the end of the contractual tenure of the Financing Facility. These are known as the “Cash Back Period”.

For a better understanding, there is an illustration in the T&C that you can refer to.

Can you show me the calculation of the Cash Back?

For more details about the calculation, you can find the illustration in the Campaign T&C here.

Are there any other important details I should know?

Yes, there are. Please note to give a call to Alliance Bank’s Customer Service Centre to notify the Bank if you have yet to receive the Cash Back for any month when due, no later than one (1) month during the Cash Back Period.

If you fail to notify the Bank within the time frame given, the Cash Back you supposedly earned will be considered forfeited.

Where can I reach out to for more information?

For any questions, please feel free to give the Bank a call or you can visit their website to find out more details about the campaign/promotion.

What can I do with Alliance Bank CashFirst Personal Loan?

You can apply for this Alliance Bank personal loan to fulfil your personal needs such as for home improvement, purchasing a new vehicle, getting married, or starting a new business — as long as it is reasonable enough for the bank to consider.

How much money can I borrow from this personal loan?

Applicants with a minimum income of RM15,000 can borrow from as low as RM5,000 up to the maximum loan amount of RM300,000. If you earn below that, you'll be eligible for RM200,000 as the maximum loan amount.

With this, you get to enjoy fixed (flat) interest rates as well as flexible repayment terms.

However, it is worth noting that the maximum borrowing amount and loan tenure may be subject to Alliance Bank's due diligence and approval.

How fast can I get my money?

Alliance Bank takes between two to three working days to process your loan application, once you have submitted the completed documents to the branch.

Depending on which branches you have selected, you could potentially get your Alliance personal loan application approved and disbursed within 24 hours too, subject to Alliance Bank's approving criteria.

Under its Same Day Cash feature, you need to bring your application form and supporting documents to perform a biometric scan and print out your EPF statement at Alliance Bank's designated branches:

  • MidValley
  • Bandar Puteri Puchong
  • Subang Jaya SS15
  • Jalan Ipoh
  • Taman Connaught
  • Permas Jaya
  • Batu Pahat
  • Holiday Plaza
  • Air Itam
  • Butterworth
  • Sinsuran
  • Jalan Gaya
  • Laksamana
  • Taman Eng Ann
  • Puchong Jaya

If you wish to disburse the approved money into another bank account of your choice, it will be subjected to IBG transfer time and charges.

Are there fees I need to pay?

The advantage of Alliance Bank CashFirst Personal Loan is that there is no processing fee and early exit fee. As for the latter, you only need to give the bank 3 months' written notice or interest rates.

The only fee you are required to pay is the Stamp Duty of 0.50%, which will be deducted from your total borrowed amount.

Who can apply for an Alliance Bank CashFirst Personal Loan?

All Malaysians who are working and residing in Malaysia aged between 21 to 60 years can apply for this personal loan. 

For example, if you are 58 years old at the time of this personal loan application, you can only borrow for a maximum of 2 years as your loan tenure will cease upon reaching the maximum age of 60 years old.

To make an application you must provide supporting documents:

Salaried employee & Government servant:

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

Commission earner:

  • A copy of your IC (both sides)
  • Latest 6-months payslips
  • Latest 6-months bank statement reflecting the commission


  • A copy of your IC (both sides)
  • A copy of the Business Registration Certificate/SSM
  • Latest income tax (Form B) with an official tax receipt
  • Latest 3-months company bank statement

Am I qualified to apply for Alliance Bank 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 of action would be to break the habit and start making your payments on time to avoid future hurdles.

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

What are the steps to apply for this personal loan?

Please proceed with the steps below to apply for the Alliance Bank CashFirst Personal Loan online with us.

  • Click on the Apply Now button
  • You will then be directed to our WhatsApp chatbot
  • At the end of the chatbot flow, you will receive a link to Alliance Bank's website to further complete your loan application
  • Once you're on the website, fill in your details and upload the required documents for the bank to process
  • Within three (3) working days, Alliance Bank will contact you and help you with your loan application
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