Public Bank SME Loan
Loan Amount
RM 50,000 - RM 5,000,000
Interest Rate
4.8% - 8.5% p.a.
Tenure
1-7 years
Public Bank SME Loan Malaysia 2026
Public Bank is Malaysia's largest domestic bank by market capitalization, known for conservative lending and strong asset quality. They offer competitive SME financing starting from 4.8% p.a. with loans up to RM5 million, though with stricter qualification criteria.
Public Bank SME Loan Products
| Product | Loan Amount | Interest Rate | Tenure |
|---|---|---|---|
| SME Term Financing | RM50,000 - RM5,000,000 | 4.8% - 8.5% p.a. | 1 - 7 years |
| Working Capital Financing | RM50,000 - RM3,000,000 | 5.5% - 8.5% p.a. | 1 - 5 years |
| Property-backed SME Loan | RM100,000 - RM10,000,000 | 4.2% - 6.5% p.a. | 5 - 20 years |
| Overdraft Facility | RM50,000 - RM2,000,000 | BLR + 1-2% | Revolving |
Pro Tip
Public Bank offers among the best rates for property-backed SME loans. If you have commercial property as collateral, you can access rates as low as 4.2% p.a.
Public Bank SME Interest Rates 2026
Public Bank is known for competitive rates, especially for secured loans:
- Property-secured: 4.2% - 5.5% p.a.
- Standard term loans: 4.8% - 7.0% p.a.
- Unsecured/clean loans: 6.5% - 8.5% p.a.
Strict Qualification
Public Bank has stricter lending criteria than most banks. They prefer established businesses with strong financials. Rejection rates are higher but approved customers get excellent rates.
Eligibility Requirements
Who Can Apply for Public Bank SME Loan
- Malaysian-owned business (51%+ local ownership)
- Minimum 3 years in operation (stricter than most banks)
- Minimum annual revenue of RM500,000
- Valid SSM registration (Sdn Bhd preferred)
- Excellent CCRIS record (no late payments)
- Profitable for past 2 consecutive years
- Strong balance sheet with positive net worth
Documents Required
Public Bank SME Loan Documents
- SSM documents (Form 9, 24, 44, 49)
- Latest 12 months bank statements (all business accounts)
- Latest 3 years audited financial statements
- IC copies of directors and shareholders
- Detailed company profile and business plan
- Latest tax return (Form B/Form C)
- EPF/SOCSO statements (12 months)
- Property valuation (if using as collateral)
How to Apply for Public Bank SME Loan
- Self-assess eligibility - Public Bank has stricter criteria; ensure you qualify
- Prepare comprehensive documents - Complete documentation is essential
- Visit Public Bank branch - Meet the SME banking team
- Submit application - Provide all required documents
- Thorough credit assessment - Public Bank conducts detailed evaluation (10-21 days)
- Offer letter - Review competitive terms
- Disbursement - Complete signing and receive funds
Public Bank Processing Time
| Application Type | Processing Time |
|---|---|
| Clean Loan | 10-14 working days |
| Secured Term Loan | 14-21 working days |
| Property-backed | 21-28 working days |
Public 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.
Why Choose Public Bank?
Despite stricter requirements, Public Bank offers:
- Lowest rates - Among the most competitive in Malaysia
- Stability - Strong, well-capitalized bank
- Long-term relationship - Loyal customers get better terms over time
- High loan limits - Up to RM10 million for property-backed loans
Government Scheme Support
Public Bank participates in:
- GGSM2 - Government guarantee scheme
- CGC Programs - Credit guarantee facilities
- BNM Special Funds - Bank Negara Malaysia initiatives
Who Should Apply to Public Bank?
Public Bank is best for:
- Established businesses (3+ years)
- Companies with strong financials
- Businesses with property collateral
- Those seeking the lowest possible rates
- Long-term banking relationship seekers
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.
Not Sure If You Qualify for Public Bank?
Let our consultants assess your eligibility and recommend the best bank for your business profile - whether Public Bank or alternatives.