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An unsecured Islamic personal loan designed especially for government sector workers - start your repayments after the third month

Profit Rates

How much the bank charges you based on your loan amount & loan period
RM5,000 - RM200,000 24 to 120 months min. RM18,000 4.35% p.a.

Fees & Charges

Profit Rate / APR
As low as 4.35% p.a., depending on financing amount and period
Processing Fee
RM10, for Approval Letter
Stamp Duty
 0.5%  of the whole amount
Early Termination Fee
Late Penalty Fee
 1%  from current outstanding amount
Mode Of Payment
You must pay your financing installment by salary deduction
You must take takaful insurance with this financing


Minimum Annual Income
Minimum Age
  • 18 to 60 years old
Who Can Apply
  • Malaysians
  • Government employee

More Information

Who can apply for AmBank Islamic Personal Financing-i?

AmBank Islamic personal financing is open to permanent employees of Federal and State Government and selected Statutory Bodies, who have been in service with the Government for at least 3 months. You must earn a minimum of RM1,500 every month. Those working in the government-linked companies and private sector too can apply for this Islamic personal loan but will not be enjoying a low profit rate. You can find out if your company is listed under AmBank Islamic Personal Financing-i here.

How much money can I borrow?

Subject to credit check and approval, you can borrow any amount between RM5,000 to RM200,000. The repayment terms are between 2 to 10 years. For government employees, you will enjoy a low and flat profit rate of 4.30% p.a. for the whole period of borrowing, whereas for non-government applicants, you will be charged a flat and fixed profit rate of 6.90% p.a.

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

AmBank Islamic only charges you RM10 for the Letter of Approval. In addition, you are also required to pay Government Stamp Duty, which is calculated as 0.5% of the total amount you borrow. Since you are required to set up a salary deduction method via Biro Perkidmatan Angkasa to pay for your personal financing, a 2% auto deduction fee will be added on top of your monthly instalment.

What is my monthly commitment?

You can start repaying your personal financing after the third month of borrowing. Your monthly installment will consist of a principal amount plus profit charges for the month. You must consistently service your monthly installment until the end of this Islamic personal loan tenure. If you're late on your repayment by one month, AmBank Islamic will penalize you with 1% p.a. late payment fee on the outstanding balance, calculated daily! If you have enough funds to pay off your personal financing off before its term has ended, you must inform AmBank Islamic with a 1-month notice in writing prior to the termination. There is no penalty for early repayment, in fact, you should receive an Ibra’ (rebate).

Do I need a Takaful coverage?

Takaful plan is required to cover for this Islamic personal loan, which will be underwritten by AmMetLife Takaful Berhad. The one-time premium is calculated from the amount you borrow, the tenure of your loan and your age. The purpose of having a Takaful coverage is to protect you and your family members from the liability of loan repayment in the event of fatal or total permanent disability. In other words, your outstanding loan will be taken care of by the insurer.

Why should I apply for AmBank Islamic Personal Financing-i again?

There are several reasons you might want to pay attention when applying to AmBank Islamic Personal Financing-i:
  • It's Shariah-compliant based on Bai' Inah contract (sale and buyback)
  • Unsecured: No guarantor or collateral required
  • No advanced installments needed
  • Higher financing limits and longer as well as flexible repayment tenures
  • Rebate on early settlement
  • Takaful coverage

What documents are required for this AmBank Islamic personal loan application?

In order to ensure a successful personal financing application, you have to provide supporting personal and income documents as follows:
  • 3 copies of MyKad (front and back) and certified true copy by your Head of Department.
  • Latest 1-month salary slip
  • 2 copies of certified true copy by Head of Department for each payslip or 3 copies for e-pay slip
  • 1 copy of your Saving Account Passbook or Current Account statement where you want your loan to banked-in (front page with name and account number).

Am I qualified to apply for AmBank Islamic Personal Financing-i 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. AmBank Islamic is more likely to approve your AmBank Islamic Personal Financing-i  application if you can show that you are managing your personal finances, rather than accumulating more debt.

Calculate Your Loan

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Profit rate is: 4.35% p.a