Maybank SME Loan
Loan Amount
RM 50,000 - RM 5,000,000
Interest Rate
4.5% - 8% p.a.
Tenure
1-7 years
Maybank SME Loan Malaysia 2026
Maybank is Malaysia's largest bank and a leading provider of SME financing, serving over 500,000 SME customers nationwide. As the country's most established financial institution, Maybank offers competitive interest rates starting from 4.5% p.a. with loan amounts up to RM5 million for qualifying businesses.
Maybank SME Loan Products
| Product | Loan Amount | Interest Rate | Tenure |
|---|---|---|---|
| SME Term Loan | RM50,000 - RM5,000,000 | 4.5% - 8.0% p.a. | 1 - 7 years |
| SME Working Capital | RM50,000 - RM3,000,000 | 5.0% - 8.5% p.a. | 1 - 5 years |
| SME Property Financing | RM100,000 - RM10,000,000 | 4.0% - 6.5% p.a. | 5 - 20 years |
| SME2Go (Online) | RM10,000 - RM250,000 | 6.0% - 12% p.a. | 1 - 5 years |
Pro Tip
Maybank's SME2Go is a fast-track online application for smaller loans. Get approval within 24-48 hours with minimal documentation.
Maybank SME Loan Interest Rates 2026
Maybank offers tiered interest rates based on your business profile:
- Prime customers (established businesses, strong financials): 4.5% - 5.5% p.a.
- Standard customers (good track record): 5.5% - 7.0% p.a.
- Higher risk profiles: 7.0% - 8.0% p.a.
Flat vs Effective Rate
Maybank typically quotes flat rates. A 5% flat rate equals approximately 9.5% effective interest rate (EIR). Always compare EIR across banks for accurate comparison.
Eligibility Requirements
Who Can Apply for Maybank SME Loan
- Malaysian-owned business (51%+ Malaysian ownership)
- Minimum 2 years in operation
- Minimum annual revenue of RM250,000
- Valid SSM registration (Sole Prop, Partnership, or Sdn Bhd)
- No bankruptcy, winding up, or CCRIS adverse history
- Business registered in Malaysia
Documents Required
Maybank SME Loan Documents
- SSM registration documents (Form 9, 24, 49 or business certificate)
- Latest 6 months bank statements (all business accounts)
- Latest 2 years audited financial statements OR management accounts
- IC copies of all directors/partners/proprietors
- Business profile or company brochure
- Proof of business premises (tenancy agreement or title)
- Latest 3 months EPF statements
- Existing loan statements (if refinancing)
How to Apply for Maybank SME Loan
- Check eligibility - Ensure your business meets the basic criteria above
- Prepare documents - Gather all required paperwork (complete set speeds up approval)
- Choose application method:
- Online: Apply via SME2Go at maybank2u.com.my (loans up to RM250k)
- Branch: Visit any Maybank branch with your documents
- Relationship Manager: Contact Maybank SME Banking for larger facilities
- Credit assessment - Maybank reviews your application (7-14 working days)
- Offer letter - Review and accept loan terms
- Disbursement - Funds credited to your account (2-3 days after signing)
Maybank SME Loan Processing Time
| Application Type | Processing Time |
|---|---|
| SME2Go (Online) | 24-48 hours |
| Standard Application | 7-14 working days |
| Property-backed Loans | 14-21 working days |
| Government Schemes (GGSM2) | 14-28 working days |
Maybank 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 Support
Maybank is an approved lender under various government SME financing schemes:
- GGSM2 - Government guarantee up to 80%, financing from RM100,000 to RM10 million
- SMERF - Special funds from Bank Negara Malaysia
- CGC Programs - Credit Guarantee Corporation backed facilities
Pro Tip
Applying through government schemes like GGSM2 can significantly improve your approval chances, especially if you lack collateral or have limited operating history.
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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