Updated: 27 January 2026
CIMB offers two main personal financing options: regular Personal Loan and Cash Plus. This guide covers both products, who they're best for, and how to maximize your approval chances.
Cash Plus vs Personal Loan
Cash Plus is CIMB's quick financing for existing customers. Regular Personal Loan is available to everyone. Existing CIMB customers should check Cash Plus first — it's faster and often easier to get.
CIMB Personal Loan Overview
| Feature | CIMB Personal Loan | CIMB Cash Plus |
|---|---|---|
| For | Anyone | Existing CIMB customers |
| Min Amount | RM5,000 | RM1,000 |
| Max Amount | RM200,000 | RM100,000 |
| Tenure | 1 - 7 years | 1 - 5 years |
| Interest Rate | From 5.5% p.a. | From 6.0% p.a. |
| Approval Time | 3-7 days | Same day - 2 days |
| Application | Online or branch | CIMB Clicks / CIMB OCTO |
Interest Rates 2026
CIMB Personal Loan Rates
| Customer Type | Rate Range |
|---|---|
| Existing CIMB (salary account) | 5.5% - 7.5% p.a. |
| Existing CIMB (other) | 6.0% - 8.5% p.a. |
| New customers | 6.5% - 9.0% p.a. |
CIMB Cash Plus Rates
| Profile | Rate Range |
|---|---|
| Excellent credit | 6.0% - 8.0% p.a. |
| Good credit | 8.0% - 12.0% p.a. |
| Average credit | 12.0% - 18.0% p.a. |
Note: Your actual rate depends on credit score, income, existing relationship, and loan amount.
Cost Example
RM30,000 loan for 5 years at 7% p.a.:
- Monthly payment: ~RM594
- Total repayment: ~RM35,640
- Total interest: ~RM5,640
Eligibility Requirements
CIMB Personal Loan
| Requirement | Details |
|---|---|
| Age | 21 - 60 years old |
| Income | Min RM2,000/month |
| Employment | Min 6 months current job |
| Nationality | Malaysian citizens |
| Credit | Clean CCRIS preferred |
CIMB Cash Plus
| Requirement | Details |
|---|---|
| Age | 21 - 60 years old |
| Income | Min RM2,000/month |
| CIMB Customer | Must have existing account |
| Account Age | Usually 6+ months |
| Credit | Based on banking behavior |
Cash Plus Advantage
CIMB Cash Plus approval is largely based on your CIMB account behavior — salary credits, spending patterns, account balance. Good CIMB customer = easier approval, even with imperfect external credit.
Documents Required
For Personal Loan
Employed:
- MyKad (IC)
- Latest 3 months pay slips
- Latest 3 months bank statements
- Employment letter (if less than 1 year)
- EPF statement
Self-Employed:
- MyKad (IC)
- SSM registration
- Latest 6 months bank statements
- Business income proof
- Latest 2 years tax returns
For Cash Plus
- Usually no additional documents needed
- Pre-approved based on your CIMB account data
- May require IC verification only
Pros and Cons
CIMB Personal Loan
Pros
- Competitive rates for existing customers
- Up to RM200,000 loan amount
- Online application available
- Flexible tenure up to 7 years
- Established bank with good support
Cons
- Stricter requirements for new customers
- Processing takes 3-7 days
- Higher rates than some competitors
- Need good credit score
CIMB Cash Plus
Pros
- Very fast approval (same day possible)
- Minimal documentation
- Apply via app — no branch visit
- Based on banking behavior, not just CCRIS
- Lower amounts available (from RM1,000)
Cons
- Only for existing CIMB customers
- Max RM100,000 (lower than personal loan)
- Shorter tenure (max 5 years)
- Rates can be higher than personal loan
How to Apply
CIMB Personal Loan
Option 1: Online
- Visit www.cimb.com.my
- Navigate to Personal Loan
- Fill online application
- Upload documents
- Wait for approval call
- Sign agreement (e-signing or branch)
- Receive funds
Option 2: Branch
- Visit nearest CIMB branch
- Bring all documents
- Fill application form
- Wait for processing
- Sign and receive funds
CIMB Cash Plus
Via CIMB OCTO App (Fastest)
- Open CIMB OCTO app
- Look for Cash Plus offer (if eligible)
- Select amount and tenure
- Confirm application
- Receive funds within hours
Via CIMB Clicks
- Log in to CIMB Clicks
- Check for pre-approved offers
- Apply directly online
- Instant or same-day approval
Don't See Cash Plus Offer?
If Cash Plus doesn't appear in your CIMB app, you may not be pre-qualified yet. Build your relationship — credit salary regularly, maintain healthy balance, use CIMB services — and check again in 1-2 months.
Who Should Choose CIMB?
Choose Personal Loan If:
- You need more than RM100,000
- You want longer tenure (6-7 years)
- You're not an existing CIMB customer
- You prefer lower monthly payments
Choose Cash Plus If:
- You're an existing CIMB customer
- You need money quickly (same day)
- You need smaller amount (under RM50,000)
- You want minimal documentation hassle
CIMB vs Other Banks
| Feature | CIMB | Maybank | Bank Rakyat | RHB |
|---|---|---|---|---|
| Min Income | RM2,000 | RM2,500 | RM1,500 | RM2,000 |
| Max Amount | RM200,000 | RM250,000 | RM200,000 | RM150,000 |
| Best Rate | 5.5% | 5.0% | 5.0% | 6.0% |
| Fast Option | Cash Plus | Maybank2u | Limited | RHB Now |
| Best For | Existing customers | Salary account holders | Govt servants | Online applicants |
Tips to Improve Approval Chances
- Credit salary to CIMB — Biggest factor for Cash Plus eligibility
- Maintain good account balance — Shows financial stability
- Use CIMB credit card responsibly — Builds internal credit score
- Keep CCRIS clean — No late payments for 12 months
- Lower your DSR — Pay off small debts before applying
- Apply for realistic amount — Don't max out, leave buffer
Frequently Asked Questions
How fast is CIMB Cash Plus approval?
For pre-approved customers, approval can be instant to same day. Funds typically disbursed within 24 hours.
Can I get CIMB personal loan with RM2,000 salary?
Yes, RM2,000 is the minimum requirement. Your loan amount will depend on your DSR (existing commitments vs income).
What credit score do I need for CIMB loan?
CIMB doesn't publish a minimum score, but clean CCRIS (no late payments in 12 months) significantly helps. Cash Plus is more flexible if you have good CIMB banking behavior.
Is CIMB Cash Plus the same as personal loan?
Similar but different. Cash Plus is a quick financing facility for existing customers with faster approval. Personal Loan is a standard product with higher limits and longer tenure.
Can self-employed apply for CIMB loan?
Yes, but you need proper documentation: SSM, bank statements, tax returns. Self-employed typically get higher rates than salaried employees.
How to check if I have Cash Plus offer?
Log in to CIMB OCTO app or CIMB Clicks. Pre-approved offers appear on your dashboard if you're eligible.
Not Sure If You Qualify for CIMB?
Tell us your income, employment type, and current CIMB relationship. We'll assess your chances and suggest the best approach.
Summary
CIMB Personal Loan is solid for anyone needing up to RM200,000 with competitive rates for existing customers.
CIMB Cash Plus is excellent for existing CIMB customers who need fast approval with minimal hassle.
Best strategy: If you're not yet a CIMB customer but planning to get a loan soon, open a CIMB account now and credit your salary there. In 3-6 months, you'll likely get Cash Plus offers with easier approval.
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