Yes, you can still apply for a personal loan in Malaysia without a payslip—as long as you have alternative proof of income.
Many Malaysians today work as freelancers, Grab drivers, online sellers, or own small businesses. If you’re in this group, this guide shows you how to apply for a legit personal loan using documents other than salary slips.
| Occupation Type | Eligible? | Notes |
|---|---|---|
| 🔹 Freelancer / Self-employed | ✅ Yes | Must show income via bank in/out statements |
| 🔹 Grab / Foodpanda Driver | ✅ Yes | Weekly payment screenshots + bank statements |
| 🔹 Online Seller (Shopee/IG) | ✅ Yes | Transaction history, invoices or e-wallet records |
| 🔹 Part-timer / Commission | ✅ Yes | Bank flow + employer letter if available |
| 🔹 Cash-based workers | ⚠️ Maybe | Depends on ability to show financial activity |
You’ll need 2 or more of these:
Lenders will:
🕒 Approval time: 1 hour to 3 days depending on lender
Once approved, money is transferred to your bank/e-wallet directly.
| Lender / Platform | Payslip Needed? | Min Income (Alt Proof) | Approval Speed | Max Loan Amount |
|---|---|---|---|---|
| IKOBANA Maju Capital | ❌ | RM1,200+/month | Same day | RM10,000 |
| AEON Credit Malaysia | ❌ Optional | RM1,500 via bank proof | 2–3 days | RM20,000 |
| Pinjaman Wang Berlesen | ❌ | RM1,000 bank in/out | Within 1 hour | RM5,000–RM10,000 |
| CapBay (P2P platform) | ❌ | RM2,000+ avg income | 1–2 days | RM50,000 |
📌 Always check if lender is licensed under KPKT to avoid scams.
| Mistake | Why It’s a Problem |
|---|---|
| ❌ Submitting fake bank records | Can lead to blacklisting or police report |
| ❌ No consistent bank activity | Lender may reject due to income uncertainty |
| ❌ Using someone else’s income | Will cause application rejection |
| ❌ Paying upfront fees | Legit lenders NEVER charge before loan approval |
❓ Can I apply for a loan without a job?
You need to show some form of income, even if you’re self-employed.
❓ Will my loan be smaller if I don’t have payslip?
Possibly. But many lenders still offer RM5,000–RM20,000 based on bank flows.
❓ Can I use e-wallet history only?
Yes, but it’s better to combine with bank statement for higher success.
❓ Is EPF statement accepted as income proof?
Some lenders accept KWSP contribution as supporting evidence.
In 2025, applying for a personal loan without a payslip in Malaysia is absolutely possible.
With clear bank activity, transaction proof, and a solid reputation, many freelancers, gig workers, and self-employed Malaysians successfully get funding.
👉 Need help finding trusted no-payslip loan options? Visit:
🔗 https://myloanreviews.com
