RHB provides Pinjaman Express Loan Financing to suit the customers busy schedule. In order to apply for a personal loan all we need is your MyKad and head to the nearest Easy branch to apply for a personal loan and obtain instant approvals and loan disbursement.
RHB offers rates based on a flat rate and vary according to the repayment period from 12 months onward. Complete interest rate tier (Flat rate & Effective interest rate or EIR). Interest is charged upfront on the loan amount approved and interest is pre-computed for the entire tenure based on “Rule 78” and on Iter bases. This means that you will enjoy a better interest rates with larger loans.
The EIR rate may be higher if the monthly repayment is not done on a regular basis.
RHB offers unique personnel loan features such as,
Customers who apply will enjoy benefits such as getting an easy Visa Debit Card with the approved loan and a convenient monthly repayment through standing instruction.
If you are keen, you can download the repayment table here
RHB Personal Financing lets you borrow anything from RM 2,000 to RM 150, 000 for a period between one and five years. Once the loan is approved, there are no processing fees for this personal loan. However you will need to pay 0.5% Government Stamp Duty on the total amount you have borrowed which is standard as other banks.
There is no requirement to pay a deposit when you apply for this RHB personal loan. So in order for loan application, you will need to supply some personal documents with your application form as stated:
For those who are Self-Employed there are some additional documents that need to be submitted such as:
Once your loan is approved, RHB will disburse funds to your preference account of choice. Repayment will be normally begin the month following the date you receive your loan and continue at monthly intervals until the loan has been completely repaid.