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Instant Money offers eligible customers the option to take loans over and above their existing RAKBANK Credit Card limit based on the customer's current salary.

The amount is to be repaid in equal monthly instalments.


Competitive Interest Rates & One-Time Processing Fee

Take out an Instant Money loan today and benefit from a one-time processing fee of 1% on the loan amount and an interest rate of 2% reducing balance per month.


Flexible and Convenient

Get this loan with no salary transfer required, at competitive interest rates (calculated using your average daily balance) and flexible repayment of up to 48 months for expatriate salaried customers.

You can take this loan up to 10 times your salary (income proof required). This amount can also be above your existing credit limit.


Top-Up Your Instant Money Loan

You can always top-up your Instant Money loan if you need to. This option is available for all existing Instant Money customers.


Just 3 Days to Get Your Approval

Your Instant Money loan is subject to the bank's approval and will be issued within 3 business days of signing the application form and submitting the required documents.

These required documents include:

  • Signed Instant Money application form
  • Valid passport copy, including the page with your visa
  • Proof of income statement
  • Bank statement for the last 3 months 
  • Undated security cheque

Apply for Instant Money

We're just an email or SMS away.

Our sales officer will reach out to you within 2 working days.

We’re here to help


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