AEON i-CASH Personal Financing
Shariah-compliant financing from RM1,000 to RM100,000 at 7.92% p.a.
Calculate your monthly repayment
Fees and Charges
Eligibility
- Salaried employee
- Self-employed
- Government employee
- A copy of your IC (both sides)
- Latest 1 month salary slip
- Latest EPF statement
- A copy of your IC (both sides)
- Business Registration Certificate (SSM) / Forms 9, 24 and 49 / M&A
- Latest B/BE Form with official tax receipt
- Latest 6 months bank statement
Loan Repayment Table
| Financing Amount | Financing Tenure | Min. Income | Profit Rate |
|---|---|---|---|
| RM 1,000 - RM 100,000 | 6 - 84 months | min. RM 18,000 | 7.92% p.a. - 18.00% p.a. |
Features
No Collateral or Guarantor required
Based on Shariah Concept of Tawarruq (Cost-Plus Deferred Sale of Commodities)
Monthly repayments as low as RM54 (based on RM2,000 loan with 84 month tenure)
Approval duration up to 3 days
Minimum loan amount: RM1,000
Maximum loan amount: RM100,000
Minimum duration of the loan: 6 months
Maximum duration of the loan: 84 months
Terms and Conditions
Product Review by CompareHero
What Is AEON i-CASH Personal Financing?
AEON i-CASH Personal Financing is an unsecured Islamic personal financing facility for expenses such as medical bills, education costs, home renovations, or travel. It carries a high financing limit and low monthly profit rates, with no security deposit or guarantor required. Financing amounts range from RM1,000 to RM100,000, repayable over 6 to 84 months.
Who Can Apply?
The facility is open to Malaysian citizens working in the private sector or uniform bodies such as the police and military, with a minimum monthly income of RM1,500.
How Fast Is Disbursement?
Approved financing can be disbursed instantly to an AEON Member Plus Visa Card, selected during online application. Disbursement to a Current or Savings Account takes around 1 to 3 days instead.
The application process is fully digital and self-onboarding. Applicants must e-sign the Sales & Purchase Agreement, or visit an AEON Credit branch, before withdrawing funds from any ATM. AEON Member Plus Visa Card holders can have funds transferred for up to RM10,000 and withdraw cash directly at AEON Credit branches.
How Are Repayments Made?
Repayments follow the schedule set out in the financing agreement. Accepted payment channels include Internet Banking, Interbank GIRO, banking kiosks (ATM/CDM/CQM), BSN counters, AEON Wallet, and cheque payment or CDM at AEON Credit Service Centers.
Late payments incur a penalty of 1% per annum on the outstanding amount, calculated from the overdue date until full settlement or the judgment date, whichever comes first.
What Does It Cost?
A processing fee of 4% applies to financing amounts below RM10,000. For amounts between RM10,001 and RM100,000, the processing fee is 2%, capped at RM400. A Wakalah Fee of RM10.80 (inclusive of 8% SST) also applies.
Can It Be Settled Early?
Yes. The facility can be settled in full at any time, with no early settlement charges.
What Documents Are Required?
Applicants must be Malaysian citizens aged 18 and above with a minimum gross income of RM1,500 per month. Required documents vary by employment type:
Salaried employees:
- Copy of IC (front and back)
- Latest 1-month payslip, or
- Latest EPF statement
Variable income earners (commission or non-commission):
- Copy of IC (front and back)
- Latest 3 months' payslips, or
- Latest 6 months' commission statement, or
- Latest EPF statement
Self-employed applicants:
- Copy of IC (front and back)
- Company Business Registration Certificate (ROC/ROB), plus one of:
- Latest 6 months' company principal current account statement
- Latest updated bank savings passbook or statement
- Latest updated BE/E Form and tax payment receipt