AmBank AmMoneyLine

AmBank personal loan charges zero processing fees and competitive interest rates with higher financing limits and flexible repayment. 5% rebate for prompt paymaster!

AmBank AmMoneyLineGet yearly rebate for prompt payment!
Interest Rate
From 8% p.a.
up to RM150k
up to 7 years
Loan Type
Unsecured Loan
Min. Income

Loan calculator

Interest rates

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

You borrowLoan periodYour IncomeInterest rate
RM2,000 - RM150,00012 to 84 monthsmin. RM36,0008% p.a. - 11.99% p.a.

Fees & Charges

Interest Rate / APR
As low as 8% p.a.,depending on loan amount and period
Processing Fee
Stamp Duty
 0.5%  of the whole amount
Early Termination Fee
Give 1-month written notice in advance
Late Penalty Fee
 1%  from current outstanding amount


Minimum Annual Income
Minimum Age
  • 21 to 60 years old
Who can apply
  • Malaysians
  • Permanent residents
  • Salaried employee
  • Self-employed

More Information

Why should I get an AmBank AmMoneyLine personal loan?

Whether you want to elevate your lifestyle or need cash to cover unexpected expenses, the AmBank AmMoneyLine personal loan is your credit lifeline to fill in the necessary gap. 

This unsecured personal loan charges zero processing fee upon approval and no penalty for early settlement.

Interestingly, you can get a 5% rebate if you consistently make prompt payments on your monthly instalment every year; that means you could be saving up to 25% for a 5-year worth of borrowing!

How much money can I borrow?

You can borrow from RM2,000 to a maximum of RM100,000 for new-to-bank customers and RM150,000 for existing customers, subject to credit check and AmBank's approval.

The repayment terms are flexible between one to seven years. However, if you apply via AmOnline, you will only be able to get a maximum tenure of five years.

The total cost of obtaining this personal loan includes statutory Stamp Duty charges, which are calculated as 0.50% of the total amount you borrow.

What is the interest rate for an AmBank AmMoneyLine personal loan?

The interest rate chargeable on AmMoneyLine personal loan is based on a flat rate and tiered according to your type of employment and borrowing amount. 

For salaried employees, you will be charged between 8.00% to 9.99% per annum; whereas for self-employed and commission earners, the personal loan interest rate will be as follows:

Type of EmploymentLoan AmountInterest Rate
Self Employed and Commission EarnersRM2,000 - RM150,00011.99% p.a. (flat)

Your monthly instalment amount, whether fixed or variable income, is fixed throughout the tenure. 

Do I need insurance coverage?

The insurance policy, known as Reducing Term Assurance (RTA), to cover the personal loan unpaid outstanding balance is optional.

How do I pay AmBank personal loan monthly instalments?

Once you have received the money, your personal loan repayment will begin at the start of the following month.

You must commit to service your monthly instalment payment every month until the total outstanding balance of the loan is fully repaid.

Payment can be made by cheque or cash as AmBank does not demand standing instructions or salary deductions. 

Should you fail to make your payment on time, AmBank will charge you a 1% late payment fee, which will be compounded if left unchecked!

You can pay your loan off before the end of tenure anytime, but AmBank requires you to give a 1-month notice, in writing, before you make your final payment.

What documents do I need to apply for an AmMoneyLine personal loan?

As this is an unsecured personal loan, you don't need to standby a guarantor or collateral. Together with the application form, you will be asked to provide the following supporting documents:

Salaried Employee:

  • Copy of IC (front and back)
  • Latest 3-months salary slips; OR
  • Latest 3-months EPF statement; OR
  • Latest BE Form with tax payment receipt


  • Copy of IC (front and back)
  • Business Registration Certificate (must be at least two years old);
  • Latest 6-months personal or company bank statement;
  • Latest BE and B Forms from LHDN;
  • E-Filing Acknowledgement receipt

Commission Earner:

  • Copy of IC (front and back)
  • Latest 6-months commission statements;
  • Latest 3-months EPF statements;
  • Latest 6-months bank statements where commission (and salary, if any) is credited;
  • Latest BE Form with tax payment receipt

Am I qualified to apply for AmBank 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.

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

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