Easy Rhb Personal Loan: How to apply & Check Status Online Financing

How to apply Easy Rhb Personal Loan application & check status online financing

how to apply easy rhb personal loan application

RHB Easy Loan is one of the personal loans offered by the banking institution, RHB Berhad. Customers can apply for these personal loans as emergency funds, to meet daily needs, or as business capital. This RHB Easy Loan application can be applied online through the official RHB portal at https://www.rhbgroup.com.

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How To Apply Easy Rhb Personal Loan Online

 Here are the ways to apply for an easy by RHB personal loan online: 

  1. Visit the website https://www.rhbgroup.com
  2. Click on any type of personal loan you want to apply easy by rhb personal loan.
  3. Click on the “Apply Now” button. 
  4. Then, click on the “Start Application” button. 
  5. Fill in the details of the applicant’s personal information completely and accurately. 
  6. Click on the “Submit” button. 
  7. Finally, the applicant’s personal loan application has been successfully sent, and the bank will contact the applicant to schedule an appointment at the nearest RHB Bank branch to receive the loan.

How Do I Check My Rhb Personal Loan Application Status

The status of the RHB Easy Loan application can be checked online by the applicant.

Applicants will know whether their application is successful or not. Checks can be made through the official RHB Bank portal.

rhb personal loan application status
  1. Visit the website to check rhb personal loan status, https://reflex.rhbgroup.com
  2. Enter the applicant ID and click on the “Submit” button.
  3. Finally, the to check rhb personal loan status of the application will be displayed to the user, whether it has been approved or not.

RHB Easy Loan Interest Rate

Banking institutions certainly charge interest rates to borrowers based on the amount of the principal loan made by the borrower.

Basically, the personal loan interest rate is determined by the bank based on three factors: the amount of money requested for the personal loan, the loan period, and the borrower’s credit score.

easy by rhb personal loan online

A high interest rate will cause the monthly loan payment to be high.

Therefore, every borrower must be aware of the interest rate percentage charged to them as borrowers.

The interest rate for RHB Easy Loan personal loans is as low as 13.25% p.a. (equivalent to Flat Rate 7.19%).

RHB Easy Loan Requirements

Various types of personal loans are offered by financial institutions. Therefore, an application must be made to qualify a person for a personal loan.

Eligibility conditions must also be met to get this loan.

Among the eligibility conditions that must be met to obtain a personal loan for this easy loan rhb are:

  1. Applicants must be between 21 and 55 years old.
  2. The applicant must be a salaried, self-employed, or commission-earner.
  3. Applicants must have worked for more than 6 months for salaried applicants.
  4. For applicants receiving a monthly income, the monthly income must exceed RM1500

How Much Money Can I Borrow From Easy By RHB Personal Loan

Every banking institution that offers personal loans must have set the minimum and maximum amounts allowed to make a loan.

For easy rhb loan, the loan amount that borrowers can apply for is at least RM2,000, and the maximum loan amount is up to RM150000.

What Do i Need To Bring To Apply For This Loan

The documents required to apply for an RHB Easy Loan personal loan depend on the applicant’s type of employment.

Among the documents that must be prepared by the applicant as an employee to approve this loan are the following:

  1. A copy of the applicant’s ID.
  2. A copy of the salary slips or commission statement for the last month.
  3. A copy of the latest 1-month bank statement.
  4. A copy of the latest 12-month EPF statement.
  5. A copy of the latest Form B/BE, which is included with the receipt of payment to the IRB.

Whereas, for self-employed individuals, the following documents must be prepared by the applicant for the purpose of this loan application:

  1. A copy of the applicant’s ID.
  2. A copy of Form 9, 24, 49, or a business registration certificate certified by the Companies Commission of Malaysia (SSM).
  3. A copy of the latest 1-month bank statement.

In addition, the following documents must be prepared by the employee applicant who receives a commission for the purpose of this loan application:

  1. A copy of the applicant’s ID.
  2. A copy of the salary slips or commission statement for the last six months.
  3. A copy of the latest six-month bank statement.

Can I Pay My Personal Financing Off Early

Early settlement of the loan means the loan is completely paid before the agreed-upon duration of the repayment period of the loan has been reached.

As per the terms and conditions stated by the RHB Bank with regards to the RHB Easy Loan, the customers are allowed to make early settlements on their loan.

Apart from that, they are also entitled to a rebate called Ibra’ due to the early settlement. 

However, in some circumstances, early settlement of the loan might affect the borrower’s credit score.

Hence, early settlement is quite unfavorable for borrowers