Debt consolidation is a feature where you can combine your personal loans and/or credit cards repayments into one easy repayment.​

This product has a fixed monthly payment schedule and is available under both Conventional and Islamic banking. The product offers:

• Manage all your finances in one go!
• Great savings
• Hassle-free approval
• Better cash flow
• Payment Period of your choice
• Affordable Interest/Profit rates

Refer to AmBank website for more details.

You can only apply if you:

• Are Malaysian aged between 21 – 60 (at maturity)
• Have a minimum gross income of RM 3,001 per month for salary earners, or RM 5,000 per month for self-employed or full commission earners.

Go to AmOnline app > tap “More” from the bottom menu > tap “Apply for More Services” > tap “Get Loan/Financing” > tap on “Consolidate Debt.”

All applicants must have an AmBank Savings Account/-i to receive the cash disbursement, in the event that you are eligible to receive extra cash.

Yes, you can always complete your application later in More > Apply for More Services > View Application History

If you still wish to apply for a personal loan, you will need to restart the entire application process.

Yes, you will receive an SMS on the status if your application is approved.

Once your application has been approved, and funds disbursed within 72 hours for completed documentation scenario.
Note: Processing time aforementioned is on best effort basis.

There are a few ways to pay your monthly installments:

• Transfer via AmOnline Web or Mobile App (You can choose to pay once, or set up a recurring payment that automatically pays every month)
• Direct Debit standing instruction from AmBank Savings/Current Account or AmBank Islamic Savings/Current Account-i
• By cash at any AmBank/AmBank Islamic branches nationwide
• By cash through Cash Deposit Machine (CDM) or Automated Teller Machine (ATM)

You may find your previously submitted applications in More > Apply for More Services > View Application History.