Personal Financing

School fees? Starting a business? Medical costs? With up to RM100,000 financing available, you can provide for the people that matter most.

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General Benefits

Enjoy the convenience of Personal Financing that fulfils your needs. Get instant approval with a hassle-free application anytime, anywhere.

Low Instalment

Monthly Payment as low as RM55.

High Financing

Finance up to RM100,000.

Up to 7 Years Tenures

Enjoy Payment tenure up to 7 years.

Features & Benefits

A secure, easy-to-use app that provides the ultimate convenience for all your financial needs.

Fast Approval & Hassle Free

Get your cash, even if it's a Sunday. No guarantor, collateral, or security deposit needed.

High Financing Amount

Finance up to RM100,000.

Payment Tenure Up To 84 Months

You can select Payment tenure of 6, 9, 12, 15, 18, 24, 30, 36, 48, 60, 72 and 84 months.

Islamic Shariah Concept

Using Commodity Murabahah transactions based on the Shariah principle of Tawarruq.

Simple Documents

Very easy to apply. You just need to have relevant documents ready.

Attractive Rates

As low as 0.66% p.m*.

Eligibility & Required Documents

With minimal documents required, AEON i-cash is the perfect financing solution to meet all your needs!

Eligibility

Malaysian citizen only
18 years old until 65 years old
Minimum gross income of RM1,500 is required
Minimum finance amount is RM1,000 with maximum RM100,000

Documents Needed

The documents required for processing as listed below:

Valid Email Address and Mobile Number

Personal Financing (PF) applicant is required to have a valid email address and mobile phone number for verification purposes.
A Verification Code will be sent to applicant for the sole purpose of details verification in order to complete the Personal Financing application process.
If Personal Financing application is made via the Telemarketing channel, AEON Credit Telemarketing Officer will contact the applicant to confirm on the Verification Code.

Fees & Charges

Secure, Easy-to-Use apps for the ultimate convenience to meet your financial services needs.

Processing Fee

4% of the financing amount ≤RM10,000
2% of the financing amount >RM10,000
Maximum fee is capped at RM400

Stamp Duty

As per the Stamp Act 1949 (Revised 1989)

Wakalah Fee

RM10.80 (Inclusive of 8% SST)

*All applicable taxes shall be payable by the customer (if any). For further detail please log on to www.aeoncredit.com.my

Instalments Tables

Instalment tables to guide you for your personal financing (from RM1,000 to RM100,000).

Table of Profit Rate/Kadar Keuntungan 0.66% per month/sebulan (RM1,000 – RM100,000)

Table of Profit Rate/Kadar Keuntungan 0.75% per month/sebulan (RM1,000 – RM100,000)

Table of Profit Rate/Kadar Keuntungan 0.80% per month/sebulan (RM1,000 – RM100,000)

Table of Profit Rate/Kadar Keuntungan 0.84% per month/sebulan (RM1,000 – RM100,000)

Table of Profit Rate/Kadar Keuntungan 1.20% per month/sebulan (RM1,000 – RM100,000)

Table of Profit Rate/Kadar Keuntungan 1.50% per month/sebulan (RM1,000 – RM100,000)

Notes:
*Actual financed amount may vary from the above tables
*Profit rate (Flat rate): 0.66% per month = 7.92% per year, (Effective rate): 13.57% - 14.31% a year
*Profit rate (Flat rate): 1.50% per month = 18% per year, (Effective rate): 27.46% - 31.72% a year

FAQs

Explore our Frequently Asked Questions (FAQ) section to find comprehensive information about AEON Credit Personal Financing.

What is AEON i-Cash Personal Financing?
AEON i-Cash Personal Financing is an unsecured Islamic Financing that does not require any collateral.
What is the applicable Shariah concept?
The applicable Shariah concept is based on the Shariah principle of Tawarruq (Cost-Plus Deferred Sale of Commodities).
What is the minimum and maximum facility amount that customer can apply?
Minimum facility amount is RM 1,000.00, while the maximum facility amount is RM100,000.00. Facility amount approved is subject to AEON Credit’s assessment.
What documents are required to apply for AEON i-Cash Personal Financing?
If Salaried Employee (Fixed Income Earner):
Front & back copy of NRIC and
Latest Salary Slip (1 month) or
Latest EPF Statement

If Salaried Employee (Non Commission based):
Front & back copy of NRIC and
Latest Salary Slip (3 months) or
Latest EPF Statement

If Salaried Employee (Commission based):
Front & back copy of NRIC and
Latest EPF Statement or
Latest Commission Statement (6 months)

If Self-Employed:
Front & back copy of NRIC and
Company Business Registration Certificate (ROC & ROB) and
Latest Company’s Principle Current Account Statement (6 months) or
Latest update Bank Saving Account Passbook or Bank Statement or
Latest update BE/E Form and Tax payment receipt
Is there any security deposit required for the facility amount approved?
No, there is no security deposit required.
How long is the facility approval process?
The facility approval is within 1 to 3 days. However, it is subject to full documentation and information received by AEON Credit. Terms and Conditions apply.
How do I know if my AEON i-Cash Personal Financing application is approved or not?
Application via AEON Credit Service Branch:
- Customer will receive Offer SMS from AEON Credit if his/her application is approved and he/she has to reply Yes / No in order for a commodity transaction to take place. Once the commodity transaction is complete, customer will receive an SMS Notification. If the application is rejected, customer will receive an SMS from AEON Credit on the unsuccessful application.
Application via Online/ Telemarketing:
- Customer will receive an SMS Notification from AEON Credit to advise them to walk-in to the nearest AEON Credit Service branch if his/her application is approved. Once the customer has completed biometric verification and signed documents, the commodity transaction will take place. Once the commodity transaction is complete, customer will receive an SMS Notification on the completion. If the application is rejected, customer will receive an SMS from AEON Credit on the unsuccessful application.
How do I obtain the funds once the facility has been approved?
Customer is required to sign the Letter of Agency during application at the respective AEON Credit’s counter, and then customer will receive SMS from AEON Credit on the Offer SMS or Notification SMS on the commodity transaction completion. The funds will be transferred to either the AEON Member Plus Card’s (AMP) account, Savings or Current account of the Bank selected by the customer.
How can I get my financing amount & how long does it take?
For disbursement to AEON Member Plus Card (AMP) account:

The customer will receive the financing amount disbursed directly through the AEON Member Plus Card (if the customer has ticked upfront during the submission input) and the balance will be disbursed into the Customer’s Bank Account (if the Financing Amount has exceeded the AEON e-wallet amount).

Disbursement will process on the same day.

For disbursement to Customer’s Bank Account (CASA):

The customer will receive the financing amount disbursed directly into the Customer’s Bank Account (CASA).

Disbursement will be processed within 1-3 working days.
How long is the validity period for approved AEON i-Cash Personal Financing?
It will be 30 days from the approval date.
How do I pay for my AEON i-Cash Personal Financing?
Check out our How to Pay section on the website for more details.
When is the payment due?
For PF applications that are successfully disbursed before 8 November 2022
- The payment is due on the 2nd of every month.
For PF applications that are successfully disbursed on/after 8 November 2022
- There are multiple payment due dates.
What are the major risks if I default on my payment?
Compensation (late payment charge) will be imposed. If you are facing difficulties meeting your loan obligations, please contact us in advance to discuss repayment alternatives.
What are the late payment charges?
If the customer fails to make any monthly instalments or pay any other amount payable when due or the outstanding Deferred Sale Price in full when demanded, the customer shall pay the Late Payment Charge (“LPC”) to AEON Credit based on the Shariah principle of Ta’widh (compensation) calculated at the LPC rate of one percent (1 %) per annum on the outstanding payments, from the overdue date until the date of full payment during the Tenure or until judgement date (whichever is earlier).

The LPC shall be calculated based on the LPC rate as follows:

a)LPC = outstanding monthly instalments (or outstanding Deferred Sale Price) x LPC rate /365 days x numbers of days outstanding.

The LPC will not be compounded. The right to the LPC shall not prejudice any of AEON Credit’s other rights available under the terms of the Facility.
What if I need personal assistance?
You can contact us via the form on the side of this page or our Customer Service Hotline at 03-2719-9999
How do I check my outstanding balance?
You can either call our Customer Service Hotline, log in with your username and password on ACSM website or check out the SMS Enquiries page for more information.
If I use more than 1 SIM card, from which phone number should I reply to the Offer SMS?
The customer should reply to the Offer SMS by using the same phone number as registered in Personal Financing Application upon submission.
Can I cancel my Personal Financing Application after I reply ‘YA’ / ‘YES’ or after the completion of a commodity transaction?
No. Customer cannot cancel the Personal Financing Application once he/she has replied ‘YA’ / ‘YES’ or after a commodity transaction has been completed, as the system has already completed the auto sales confirmation.
If I apply for PF Tawarruq, is it compulsory for me to have AEON Member Plus Visa Card (AMP)?

It is not compulsory for the customer to have the AMP card. However, if the customer has agreed to disburse the Financing amount into AMP card upfront during the submission input, then the branch staff should assist customer to register and apply for AEON Member Plus Visa Card (AMP).
What are the benefits of having AEON Member Plus Visa Card (AMP)?

The disbursement of the Financing amount of RM 10,000 and below will take only a few minutes to be credited into your AMP account. The balance of the Financing amount will be credited into the customer’s bank account (CASA) within 1 to 3 days.
If I apply for PF Tawarruq, can I have the option of taking the Takaful or not?

The Takaful is an option and depends on customer needs as to whether to take it or not.
Can I review my S&P agreement and Yearly Statement?
Yes, customer may review his/her S&P agreement and yearly statement (hereinafter referred to as “Documents”) at ACSM website. Customer is required to login/ sign up for the first time to access his/her account. Upon signing up/logging in, the customer may click the Personal Financing product under “My Account” and thereafter the “Documents” section to access review and/or download the documents required.