EMI Calculator Malaysia
Work out your monthly loan instalment in MYR, see the total interest, and compare it against rates Malaysia banks actually publish.
Click any bank to use their rate. Green = best deal
See how changes affect your loan
How is EMI calculated?
EMI = P × r × (1+r)n / ((1+r)n - 1). P = loan amount, r = monthly rate, n = months. Our calculator does this instantly.
What's a safe EMI-to-salary ratio?
Keep total EMIs under 40-50% of salary. Banks use Debt Burden Ratio (DBR) — UAE banks cap at 50%.
Longer tenure = lower EMI?
Yes — but you pay more total interest. A 5-year loan costs less overall than a 10-year loan at the same rate.
Loan interest rates in Malaysia
Buzdy tracks 12 banks in Malaysia with 502 branches across 86 cities. EMI results on this page are shown in MYR. The rates below are the ones those banks publish — use them in the calculator instead of a guess.
Looking for a credit card, a loan or a savings account in Malaysia?
Compare what banks in Malaysia actually offer — rates, fees and eligibility, updated for 2026.
Personal & car loan rates in Malaysia
| Loan | Bank | Interest / profit rate | Max tenure | Loan amount |
|---|---|---|---|---|
| Maybank Personal Loan | Maybank Malaysia | 6.5% p.a. (fixed) — Loan amount RM50,001 to RM100,000 7% p.a. (fixed) — Loan amount RM20,001 to RM50,000 8% p.... | 72 months | RM 100,000 |
| Mumtaz-i | MBSB Bank | Competitive financing rates as low as SBR + 3.05% p.a. — floating profit rate (SBR-linked), calculated on mont... | 120 months | RM 250,000 |
| Personal Financing-i Public Sector | Bank Rakyat | 3.42% — fixed profit rate — Biro Perkhidmatan Angkasa / Salary Deduction, up to 1 Year, with takaful 3.61% — f... | 120 months | RM 400,000 |
| Personal Financing-i Non Package | Bank Islam | SBR + 6.25% = 9.00% — floating profit rate (SBR-linked) — Category 1 & 2 and Category 3, Salary Transfer (ST),... | 120 months | RM 300,000 |
| Personal Financing-i Package | Bank Islam | SBR + 2.25% = 5.00% — floating profit rate (SBR-linked) — Package Government, With Takaful, 1-2 years SBR + 2.... | 120 months | RM 400,000 |
| Maybank Islamic Personal Financing-i (MIPF-i) | Maybank Malaysia | 6.5% p.a. (fixed profit rate) — Financing amount RM50,001 to RM100,000 7% p.a. (fixed profit rate) — Financing... | 72 months | RM 100,000 |
| Alliance Bank Digital Personal Loan / Financing | Alliance Bank Malaysia | 4.99% flat p.a. — 1 year tenure 5.99% flat p.a. — 2 years tenure 10.99% flat p.a. — 3-4 years tenure Board Rat... | 84 months | RM 200,000 |
| AmMoneyLine / AmMoneyLine Facility-i | AmBank | As low as 4.88% to 11.99% flat per annum which is equivalent to Effective Interest/Profit Rates, from 8.78% to... | 84 months | RM 150,000 |
| UOB Personal Loan | UOB Malaysia | Enjoy interest rates from as low as 3.99% p.a. (the bank does not state whether this is flat or effective) | 60 months | RM 150,000 |
| Private Sector-i | MBSB Bank | Competitive financing rates as low as SBR + 8.85% p.a. — floating profit rate (SBR-linked), calculated on mont... | 120 months | RM 300,000 |
| HLB Personal Loan | Hong Leong Bank | Flat interest rate ranges from 8.50% p.a. to 10.50% per annum, depending on loan disbursement account 8.50% (f... | 60 months | RM 250,000 |
| Pembiayaan Peribadi Awam-i | CIMB Bank | Estimated Profit Rates (fixed rate p.a.) 3.50% - 4.20% (fixed profit rate) — Federal Government employee & Non... | 120 months | RM 200,000 |
| CIMB e-Zi Tunai (e-Zi Tunai Personal Loan) | CIMB Bank | The Flat Interest Rate ranging from 6.88% to 24% per annum equivalent to an Effective Interest Rate ranging fr... | 84 months | RM 100,000 |
| Cash Plus Personal Loan | CIMB Bank | Fixed interest rates from as low as 4.38% to 19.88% fixed per annum which is equivalent to Effective Interest... | 84 months | RM 100,000 |
| Maybank Islamic Salary Financing-i | Maybank Malaysia | As low as *5.50% p.a (SBR + 2.75%) (effective profit rate (floating, SBR-linked)) — Exclusively for All Federa... | 120 months | RM 200,000 |
| Personal Financing-i Private Sector | Bank Rakyat | SBR + 4.91% or SBR + 5.91% — floating profit rate (SBR-linked) — Biro Perkhidmatan Angkasa / Salary Deduction... | 120 months | RM 400,000 |
| Afdhal-i | MBSB Bank | Competitive financing rates as low as SBR + 4.25% p.a. — floating profit rate (SBR-linked), calculated on mont... | 120 months | RM 400,000 |
| AFFIN Islamic Personal Financing-i | Affin Bank | Profit Rates: Offers both fixed and variable rates. Profit rate shall be determined at the point of entry. The... | 120 months | RM 400,000 |
| RHB Personal Financing | RHB Bank | As low as 14.00% p.a. (effective) — Private Sector (equivalent to Flat Rate 7.62%) — Private Sector | 84 months | RM 150,000 |
| Personal Financing-i | AmBank | Fixed Rate 3.45% per annum (fixed profit rate) — Financing amount RM80,000 to RM200,000. Promotional Rate unti... | — | RM 200,000 |
| PLUS BAE Personal Financing-i | Public Bank | — | 120 months | RM 150,000 |
| BAE AG Personal Financing-i | Public Bank | — | — | RM 350,000 |
22 loan products from 12 banks — figures as published by each bank.
Credit card interest rates in Malaysia
| Card | Bank | Interest rate | Annual fee | Interest-free days |
|---|---|---|---|---|
| Alliance Bank Visa Classic | Alliance Bank Malaysia | 15% - 18% p.a. | RM148/year from 2nd year (free 1st year) | Up to 20 days |
| Alliance Bank You:nique Rebates Card | Alliance Bank Malaysia | 15% - 18% p.a. | RM148/year from 2nd year (free 1st year; waived for Privilege customers) | Up to 20 days |
| Alliance Bank Visa Infinite | Alliance Bank Malaysia | 15% - 18% p.a. | RM438/year (waived for Alliance Privilege or home-financing customers) | Up to 20 days |
| AmBank Enrich Visa Infinite | AmBank | 15% - 18% p.a. | RM500/year (waived 1st year; waived with RM100K spend) | Up to 20 days |
| AmBank Islamic Visa Platinum CARz Card-i | AmBank | 15% - 18% p.a. | Free for life — no annual fee | Up to 20 days |
| AmBank Cash Rebate Visa Platinum | AmBank | 15% - 18% p.a. | No annual fee for life | Up to 20 days |
| AmBank Visa Platinum Card | AmBank | 15% - 18% p.a. | No annual fee | Up to 20 days |
| Hong Leong Visa Infinite | Hong Leong Bank | 1.50% per month | — | — |
| RHB World Mastercard | RHB Bank | 1.50% per month | — | — |
| RHB Visa Signature | RHB Bank | 1.50% per month | — | — |
| RHB Dual Credit Card | RHB Bank | 1.50% per month | — | — |
| RHB Shell Visa | RHB Bank | 1.50% per month | — | — |
| Hong Leong Essential MC | Hong Leong Bank | 1.50% per month | — | — |
| Maybank 2 Platinum | Maybank Malaysia | 1.50% per month | — | — |
| Maybank Visa Infinite | Maybank Malaysia | 1.50% per month | — | — |
| Hong Leong Wise Gold | Hong Leong Bank | 1.50% per month | — | — |
| Public Bank Visa Gold | Public Bank | 1.50% per month | — | — |
| PB World Mastercard | Public Bank | 1.50% per month | — | — |
| Public Bank Visa Signature | Public Bank | 1.50% per month | — | — |
| Public Bank Quantum Visa | Public Bank | 1.50% per month | — | — |
| CIMB e Credit Card | CIMB Bank | 1.50% per month | — | — |
| CIMB Cash Rebate Platinum | CIMB Bank | 1.50% per month | — | — |
| CIMB World Mastercard | CIMB Bank | 1.50% per month | — | — |
| CIMB Visa Signature | CIMB Bank | 1.50% per month | — | — |
| Maybank FC Barcelona Visa | Maybank Malaysia | 1.50% per month | — | — |
Relevant if you convert a card purchase into monthly instalments. 27 cards with a published rate.
Worked example — MYR 100,000 loan over 5 years in Malaysia
- Loan amount
- MYR 100,000
- Rate used
- 2.25% a year
- Tenure
- 60 months
- Monthly EMI
- MYR 1,764
- Total interest
- MYR 5,824
Rate taken from Personal Financing-i Package (Bank Islam) — the lowest published loan rate we hold for Malaysia. Change the numbers in the calculator above for your own case.
Banks we track in Malaysia
Keep going in Malaysia
Guides for Malaysia
Malaysia — frequently asked questions
What is the EMI on a MYR 100,000 loan in Malaysia?
At 2.25% a year over 60 months the instalment works out at about MYR 1,764, or MYR 5,824 of interest in total. That rate comes from Personal Financing-i Package by Bank Islam, the lowest published loan rate Buzdy holds for Malaysia.
Which banks offer personal loans in Malaysia?
Buzdy lists 22 loan products in Malaysia from banks including Maybank Malaysia, CIMB Bank, Hong Leong Bank, RHB Bank, AmBank, Alliance Bank Malaysia.
What interest rate do credit cards charge in Malaysia?
Across the 27 cards with a published rate in Malaysia, quoted rates run from 1.5% per month to 15% a year. Card interest only applies if you carry a balance past the interest-free period.
Where can I apply for a loan in Malaysia?
Buzdy maps 502 bank branches in Malaysia across 86 cities. Open the branch directory to find the nearest one to you.
How is EMI calculated?
EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1), where P is the amount borrowed, r the monthly rate (annual rate ÷ 12 ÷ 100) and n the number of months. The calculator above uses exactly this formula.