AEON Bank Launches Personal Financing-i: 100% Digital, Shariah-Compliant, and Collateral-Free
March 17, 2025AEON Bank (M) Berhad has introduced Personal Financing-i (PF-i), a fully digital, Shariah-compliant, and collateral-free financing solution designed to provide flexible financial support to Malaysians.
Who Can Apply?
PF-i is open to all Malaysian citizens aged 18 to 55 with a minimum monthly gross income of RM3,000. Whether you’re a gig worker, managing family finances, or looking for a flexible financial option, this facility is designed to help you meet your financial goals.
Financing Details
Qualified applicants can access financing amounts between RM1,000 and RM10,000, with repayment terms of 3, 6, 9, 12, 18, or 24 months. The financing comes with:
- Flat Profit Rate: 6.88% per annum
- Effective Profit Rate: Ranging from 10.29% to 12.70% per annum
- Minimal Wakalah Fee: RM1.00 upon acceptance
A Step Toward Financial Inclusion
Since its launch in May 2024, AEON Bank has focused on providing accessible, technology-driven banking solutions. According to CEO YM Raja Datin Paduka Teh Maimunah Raja Abdul Aziz, the introduction of PF-i is another milestone in building a financially inclusive ecosystem, empowering Malaysians to manage their finances, seize opportunities, and plan for a secure future in the digital economy.
How to Apply – A Fully Digital Process
Applying for PF-i is 100% online via the AEON Bank mobile app—no paperwork, no branch visits. Here’s how:
- Active AEON Bank Savings Account-i: Applicants must have a valid account before applying.
- Check Eligibility: Must be a Malaysian citizen earning at least RM3,000 per month (salaried or self-employed).
- Select Financing Amount & Tenure: Choose from RM1,000 to RM10,000 with repayment terms of up to 24 months.
- Submit Documents: Upload the latest EPF statement (salaried workers) or six-month bank statement (self-employed).
- Approval & Disbursement: Funds will be credited to the AEON Bank Savings Account-i upon approval, with repayments automatically deducted via auto-debit.
Once approved, customers can track and manage their financing anytime, anywhere within the AEON Bank app, ensuring a seamless and secure digital banking experience.
Exclusive AEON Points Reward for Early Applicants
From 5 to 31 March 2025, the first 500 successful applicants will earn AEON Points based on their approved financing amount:
- RM1,001 – RM3,000: RM10 worth of AEON Points
- RM3,001 – RM5,000: RM15 worth of AEON Points
- RM5,001 – RM7,000: RM30 worth of AEON Points
- RM7,001 – RM10,000: RM50 worth of AEON Points
AEON Points will be credited 30 days after disbursement.
Empowering Malaysians Through Digital Islamic Banking
As part of the AEON Group, which has been serving Malaysians for over 40 years, AEON Bank is committed to making financial solutions more accessible while driving the growth of Islamic banking and Malaysia’s fintech economy. The launch of PF-i is another step toward empowering individuals and communities to achieve financial independence and long-term security.
