Need urgent cash but don’t have assets to pledge or someone to guarantee your loan? In 2025, many Malaysian banks and licensed lenders offer personal loans with no guarantor and no collateral—also known as unsecured personal loans.
Whether you’re a salaried worker, freelancer, or government staff, this guide will help you find the best no-guarantor loan options with easy application steps.
| Lender / Bank | Interest Rate (Flat) | Max Loan Amount | Tenure | Notes |
|---|---|---|---|---|
| MBSB Bank | From 3.88% p.a. | Up to RM250,000 | Up to 10 yrs | No guarantor or collateral needed |
| AEON Credit | 8% – 15% p.a. | Up to RM20,000 | Up to 5 yrs | For salaried & self-employed |
| Bank Rakyat | From 4.88% p.a. | Up to RM200,000 | Up to 10 yrs | Public & private sector accepted |
| RHB Easy Loan | From 6.88% p.a. | Up to RM150,000 | Up to 7 yrs | No asset or guarantor required |
| IKOBANA Capital (Licensed) | ~10%+ p.a. | Up to RM10,000 | 6–36 months | For blacklisted/self-employed |
📌 These loans are unsecured, meaning you don’t need to provide a guarantor or pledge your car, house, or any fixed asset.
| Benefit | Why It Matters |
|---|---|
| ✅ Easy qualification | Just provide ID, payslip/bank statement |
| ✅ No risk to assets | Your property is not tied to the loan |
| ✅ Faster approval | No collateral evaluation = quicker processing |
| ✅ Available to more people | Suitable for tenants, freelancers, part-timers |
Pick a bank, koperasi, or licensed KPKT lender that offers unsecured personal loans.
Most lenders accept:
✅ First-time borrowers
✅ Freelancers / gig workers
✅ Tenants with no assets
✅ Government or private sector employees
✅ Anyone needing urgent cash with no upfront security
| Mistake | Why It’s a Problem |
|---|---|
| ❌ Choosing illegal moneylenders | Leads to high-interest traps or harassment |
| ❌ Submitting fake documents | Will result in blacklist or permanent rejection |
| ❌ Borrowing beyond your income | Risk of default and bad credit rating |
| ❌ Ignoring loan terms | Early termination or missed payment penalties |
❓ Can I get a personal loan without a guarantor in Malaysia?
✅ Yes. Most personal loans from banks or licensed lenders do not require a guarantor.
❓ Is collateral required for AEON or MBSB loans?
❌ No. These are unsecured loans. You don’t need to pledge any assets.
❓ Can I apply with just my bank statement?
Yes—especially with licensed lenders or if you are self-employed.
❓ Can blacklisted borrowers get no-collateral loans?
Yes—some KPKT lenders or koperasi accept CTOS/CCRIS cases with active income.
You don’t need property, cars, or guarantors to get financial help.
With the right lender, you can get a personal loan in Malaysia with no collateral and no guarantor—quickly and legally.
👉 Explore trusted unsecured loan options now at:
🔗 https://myloanreviews.com
