Maybank has launched its new Maybank Personal Digital Financing which provides instantaneous approval and subsequently disbursement within 10 seconds.
Leveraging the bank’s comprehensive credit risk metrics and modelling capabilities, the new solution has a decisioning engine that can perform pre-qualification checks and assess each application in real-time.
All existing and new customers between 21 and 60 years old can apply for Maybank Personal Digital Financing.
Maybank’s customers can apply for up to RM100,000 or four times their monthly salaries, whichever is lower, with no income documents required.
The approval is subject to the customer having a salaried account with the bank, a minimum annual gross income of RM42,000 and meeting the bank’s other eligibility criteria such as having a healthy credit profile and score.
The solution also provides applicants an overview of their offer, including financing amount, interest and profit rate, repayment tenure as well as monthly repayment amount prior to acceptance of the offer.
New or existing customers whose income records do not reside with Maybank can also apply with an additional step of uploading their income documents.
The decision will be communicated to customers on the same day, with the funds disbursed within one day of approval, should they meet the eligibility criteria.
The financing option is now available under conventional or Islamic options on Maybank2u web and MAE app, .

Dato’ John Chong, Group CEO of Maybank’s Community Financial Services said,
“In addition to fast disbursement, Maybank Personal Digital Financing does not require collateral or a guarantor, making it ideal for customers who need cash in hand immediately.”
This year, we expect a minimum of 30% growth in our personal financing segment, boosted by the introduction of Maybank Personal Digital Financing,”