A personal loan can be the difference between scrambling to cover an unexpected bill and handling it calmly. The CIMB Cash Plus Personal Loan is an unsecured financing option issued by CIMB Bank, designed for Malaysians who need quick access to funds without pledging collateral.
CIMB Cash Plus Personal Loan: best loan for fast, fee-free borrowing
For borrowers who value simplicity, CIMB Cash Plus Personal Loan stands out as a strong option for anyone who wants to avoid extra costs eating into their loan amount. There’s no processing fee, no early settlement penalty, and no lock-in period – though a 0.5% stamp duty on the approved amount and a 1.0% p.a. late payment penalty on overdue instalments do apply.
Whether the goal is consolidating higher-interest debts, funding a home renovation, or covering a medical bill, the fixed monthly instalment structure makes budgeting straightforward from the first month to the last.
Should I get a Personal Loan From CIMB Bank?
CIMB Bank is one of Malaysia’s largest universal banks and was named Best Retail Bank in Malaysia at The Asian Banker’s Global Excellence in Retail Financial Services Awards in both 2025 and 2026, alongside Best SME Bank in Malaysia in 2026.
That track record, combined with a wide digital banking platform (CIMB Clicks and the CIMB OCTO app) and an extensive branch network, makes CIMB a bank worth considering for borrowers who want both convenience and institutional credibility behind their loan.
How to get a loan from CIMB Bank?
To get the Cash Plus Personal Loan, you need to:
- Be a Malaysian citizen aged 21 to 58 (maximum 60 upon loan maturity)
- Have a minimum monthly gross income of RM2,000
- Be employed for more than 6 consecutive months, or, if self-employed, have an active business for more than 24 months
- Provide the required income documents (payslips, EPF statements, bank statements, or business registration documents, depending on employment type)
Apply for loan:
- Complete the online application form with personal and income details – takes about 10 minutes
- Upload the required supporting documents (not required for eligible CIMB Payroll customers)
- Wait for CIMB’s decision – instant for eligible CIMB Payroll customers
- Review and accept the loan offer, then receive disbursement into a linked bank account
FAQ
1. Can I get a loan from CIMB Bank without a job?
The Cash Plus Personal Loan requires a minimum monthly gross income of RM2,000 and at least 6 consecutive months of employment. Self-employed applicants can still apply if their business has been active for more than 24 months, supported by business registration and income documents.
2. How much will I get approved for Cash Plus Personal Loan?
Approved amounts can go up to RM100,000, depending on income, credit profile, and CIMB’s final assessment. The most competitive rates, from 4.38% p.a., are reserved for CIMB Preferred customers, with select CIMB@Work customers and general applicants quoted higher tiers.
3. How to pay off Cash Plus Personal Loan?
Repayments are made through fixed monthly instalments over the agreed tenure of 2 to 5 years. Since there’s no early settlement fee, borrowers can pay off the balance ahead of schedule without penalty – just note that a 1.0% p.a. penalty applies to any instalment left in arrears.
4. How to cancel a loan application with CIMB Bank?
Applicants who wish to withdraw a submitted application should contact CIMB Bank directly through its Customer Help Centre or a branch before the loan is disbursed, as cancellation terms can depend on how far the application has progressed.