Financing amount: Minimum RM20,000 up to RM500,000

Tenure: Minimum 1 year up to 7 years

Interest Rate: Approximately between 5.90% p.a. to 13.78% p.a. (flat rate), equivalent to rates as low as 0.49% per month. (The interest rate quoted and/or prescribed by the Bank is subject to the Bank’s right to vary the same from time to time with prior notice to you)

Stamp Duty: A flat rate of 0.5% on the loan amount or such other rate prescribed under the Stamp Act, 1949 (as amended or re-enacted from time to time). The Bank does not collect upfront or stamp study fees. These amounts will be deducted directly from your disbursed loan.

Documentation Fee: Waived.

Note: Please be aware that Alliance Bank has not appointed any third parties to act on its behalf for Alliance Digital SME loan applications. No upfront payments (such as handling fees, guarantee fees, commissions, processing fees, stamp duty, etc.) should be paid to any individual, company account, agent, advisor, consultant, or Alliance Bank employee. 

All business industries are encouraged to apply. However, approval is subject to the Bank's credit assessment.

Our online platform allows SMEs to apply for a loan entirely online, from application submission to approval, to ensure the seamless and fast experience.

To apply a loan, simply visit our website at https://www.alliancebank.com.my/Business/SME/Loan-Listing and follow the steps: -

1. Click “Apply Now” to start the application journey.
2. Complete and submit the online application form.

To have a smooth and seamless application process, you need to have the following three (3) information ready: -

1. Your business registration information (i.e. Business Registration Number & Full Registered Business Name).
2. Latest 6 months bank statements of your Company account with other banks (not Alliance Bank).
3. The Business Owner’s Original Malaysia NRIC (MyKad).

No. This online application form is applicable to all SMEs including existing Alliance Bank customers and SMEs not holding any accounts with Alliance Bank.

The application result will be ready in about 30 minutes to 1 hour. However, some cases may require additional verification and may take up to 2 business days.

You will be notified via email and SMS once your application is approved with conditional offer. The following actions required by you: -

1. Visit our website at https://www.alliancebank.com.my/Business/SME/Loan-Listing and click “Resume Application” button
2. Review and accept the offer with OTP
3. Attend virtual interview with our bank officer

Note: Once you have accepted the offer, our bank officer shall contact you to arrange for virtual interview.

If your application is unsuccessful, you will be informed via email through the provided email address. You may reapply after a certain period or explore other loan products.

No. There is no upfront or processing fee charged for the application.

No. Only one application is allowed at a time for the same business entity and business owner.

Once submitted, you are not allowed to modify your application. Please review and ensure all the provided information is true and accurate before submit the application.

You will be receiving updates via email or SMS through the provided email address and mobile number in your online application form. All the email notification / reminders will be sent with sender name as “Alliance Bank Digital SME”.

If you encounter any technical issues or require assistance during the application process, you may click the icon () at the top right to start Live Chat with our Contact Centre officer. Or you may contact our Business Banking Contact Centre at 1-300-80-3388.