Affin Bank SME Loan Malaysia 2026
Affin Bank, part of Affin Bank Berhad group, offers tailored SME financing solutions for Malaysian businesses. With a focus on personalized service, Affin Bank provides SME loans up to RM5 million with interest rates from 5.25% p.a.
Affin Bank SME Loan Products
| Product | Loan Amount | Interest Rate | Tenure |
|---|---|---|---|
| SME Term Financing | RM50,000 - RM5,000,000 | 5.25% - 8.5% p.a. | 1 - 7 years |
| SME Working Capital | RM30,000 - RM2,000,000 | 5.5% - 9.0% p.a. | 1 - 5 years |
| SMEmerge-i (Startup) | Up to RM300,000 | 14.95% p.a. | Varies |
| SME Overdraft | RM50,000 - RM1,000,000 | BLR + 1.5% - 3.0% | Revolving |
| Commercial Property Loan | RM100,000 - RM10,000,000 | 4.5% - 6.0% p.a. | 5 - 25 years |
Pro Tip
Affin Bank often has promotional rates for SME loans, especially for businesses in targeted sectors like manufacturing and F&B. Ask about current promotions when applying.
Affin Bank SME Loan Interest Rates 2026
Interest rates are tiered based on your business profile:
- Prime customers (established, secured): 5.25% - 6.25% p.a.
- Standard customers (good history): 6.25% - 7.5% p.a.
- Higher risk profiles: 7.5% - 8.5% p.a.
Flat vs Effective Rate
Always ask for the effective interest rate (EIR) when comparing loans. A 6% flat rate translates to approximately 11.4% EIR over a 5-year term.
Eligibility Requirements
Who Can Apply for Affin Bank SME Loan
- Malaysian-owned company (at least 51% Malaysian ownership)
- Minimum 2 years business operation
- Minimum annual turnover of RM200,000
- Valid SSM registration (Sole Proprietorship, Partnership, or Sdn Bhd)
- Clean CTOS/CCRIS record
- Business operating in Malaysia
Documents Required
Affin Bank SME Loan Documents
- SSM documents (Form 9, 24, 49 or business registration certificate)
- 6 months bank statements (all business accounts)
- 2 years audited accounts or management financial statements
- IC copies of directors/partners/proprietor
- Company profile and business plan
- Tenancy agreement or property ownership documents
- EPF contribution statements (3 months)
- Collateral documents (for secured loans)
How to Apply for Affin Bank SME Loan
- Eligibility check - Confirm your business meets the requirements
- Document preparation - Gather all necessary paperwork
- Application submission:
- Branch visit: Apply at any Affin Bank branch
- Business Banking Team: Contact Affin SME Banking for assistance
- Online: Submit inquiry via Affin Bank website
- Assessment - Credit evaluation takes 7-14 working days
- Approval - Review and sign the loan agreement
- Disbursement - Funds credited within 3-5 business days
Affin Bank SME Loan Processing Time
| Application Type | Processing Time |
|---|---|
| Small Working Capital | 5-10 working days |
| Standard Term Loan | 7-14 working days |
| Property Financing | 14-21 working days |
| Government-backed Schemes | 14-28 working days |
Affin Bank vs Other Banks
| Bank | Loan Amount | Interest Rate | Tenure |
|---|---|---|---|
Maybank Popular | RM 50,000 - RM 5,000,000 | 4.5% - 8% p.a. | 1-7 years |
CIMB Popular | RM 50,000 - RM 3,000,000 | 5% - 9% p.a. | 1-7 years |
RHB Popular | RM 30,000 - RM 2,000,000 | 5.5% - 10% p.a. | 1-5 years |
Public Bank Popular | RM 50,000 - RM 5,000,000 | 4.8% - 8.5% p.a. | 1-7 years |
* Rates are indicative and subject to bank approval. Contact us for actual rates.
Government Scheme Participation
Affin Bank is an approved lender for government SME schemes:
- GGSM2 - 80% government guarantee, lower collateral
- CGC Schemes - Credit guarantee backed facilities
- PENJANA Programs - Economic recovery financing
Pro Tip
Affin Bank has dedicated officers for government scheme applications. Mention GGSM2 interest when inquiring to get connected to the right team.
Why Choose Affin Bank
| Feature | Benefit |
|---|---|
| Personalized service | Dedicated relationship managers |
| Competitive rates | Often promotional pricing available |
| Flexible terms | Customized repayment structures |
| Quick turnaround | Efficient processing for SMEs |
Frequently Asked Questions
Frequently Asked Questions
Disclaimer: Interest rates, loan amounts, and eligibility requirements shown are indicative and subject to change. Contact the respective bank or institution directly for the latest rates and terms. Last reviewed: January 2026.
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