AEON iCash Personal Financing

AEON iCash Personal Financing is a personal loan plan offered by AEON Credit Service (M) Berhad. AEON iCash loans are one of the most popular unsecured personal loans in Malaysia.

AEON iCash Personal Financing is a personal loan plan offered by AEON Credit Service (M) Berhad. AEON iCash loans are one of the most popular unsecured personal loans in Malaysia.

Many do not know that AEON iCash is a fully Syariah-compliant Islamic personal loan. The AEON loan is based on the concept of Bai Al-Inah which is also used by most private financing schemes in the world.

These loans are also unsecured loans. Applicants are therefore not required to submit a collateral or provide a guarantor to apply for AEON iCash personal loan.

AEON iCash Personal Financing
AEON iCash Personal Financing

One of the attractive features of making AEON’s personal loan is of great interest because the conditions imposed by AEON are not very stringent. You only need to have an annual minimum wage of at least RM18,000, which is RM1,500 a month.

AEON Credit also offers this personal financing scheme to all Malaysians regardless of job type. It doesn’t matter if you work in the public, private, or private sectors – you can apply for AEON iCash. Retirees and members of the Malaysian Armed Forces (ATM) are also excluded and can apply for this loan.

This AEON personal loan also allows you to make a minimum loan of RM1,000. Ideal for those who want instant cash with a minimum amount. The maximum allowable loan amount is up to RM100,000 with a financing period of 6 months to 7 years.

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These factors make AEON iCash Personal Financing personal loans one of the most frequently applied personal loans in Malaysia.

Read more for more information on this loan, which is the eligibility requirements, the documents you need to provide, the full repayment schedule, the charges and how you can apply for this loan online without having to visit any AEON Credit branch.

Features & Advantages of AEON iCash Personal Financing

AEON Credit offers many advantages over AEON iCash loans. Here are the attractive features of this personal loan compared to other bank loans in Malaysia.

100% Shariah-compliant

This personal loan is a Shariah-compliant Islamic loan. AEON adopted the Bai Al-Inah concept for this loan. So you need not hesitate to apply.

Flexible amount of financing

You can apply for as low as RM1,000 to RM100,000. This minimum loan amount is very helpful to those who want to borrow a small amount immediately.

Flexible repayment period

AEON offers financing terms of 6 months to 84 months (7 years). However the maximum loan term will only be allowed for financing amount of RM30,000 and above. However, this still depends on the discretion of the AEON who will set the maximum financing period should your loan pass.

Flexible age limit eligibility

In addition to the amount of financing and flexible financing terms, the age limit eligibility to apply is also not burdensome. Those under the age of 18 can apply for this loan. This makes it easy for newcomers to apply for a personal financing plan.

Reasonable profit rates

Because the AEON iCash is an Islamic personal loan – the interest rate charge is reasonable. AEON only imposes a fixed annual profit rate of 7.92% p.a to 14.4% p.a.

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Low salary eligibility requirements

With a minimum wage requirement of only RM1,500 a month, this loan can be applied by most individuals. Although AEON has previously set the RM800 net salary eligibility requirement, with the gross salary qualification it is easier to apply for than the net salary qualification.

Offered to all employment sectors

Anyone can apply for AEON iCash personal loans, as long as you are a Malaysian citizen and have a permanent job.
Application result within 7 days

You only need to wait a maximum of 7 days (including Saturdays) to find out the outcome of your application. While this is not an immediate decision as some personal loans do, the period between 1 and 7 business days can be considered a fast timeframe for personal loan application decisions.

Flexible payout channels

AEON allows you to make installments with various channels, such as standing instruction, auto-debit, online transactions through internet banking, ATM / CDM machine transfer or AEON counter payments.


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