RM
year(s)
RM
- You Pay
- RM 89 /mth
- Profit Rate
- Total Profit Payable
- RM 70
- Total Payment
- RM 1,070
KOPUTRI Cooperative Personal Financing
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- Profit Rate
- 5.90% p.a.
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- Max. Financing Amount
- RM 100,000
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- Approval Duration
- 6-8 Working Days
KOPUTRI Cooperative Loan Calculator
Key Features
Reasonable rates with high payout up to RM100,000
Suited for those looking for bank products but ineligible
Rebates for early repayment
More details
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Features- Approval Duration
- 6-8 Working Days
- Min. Financing Amount
- RM 1,000
- Max. Financing Amount
- RM 100,000
Other features
- Profit Rate
- 5.90%
- Min. Financing Tenure
- 2 years
- Max. Financing Tenure
- 10 years
- Debt Consolidation
- No
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Eligibility & Required Documents- Employment Eligibility
- Permanent Government employees, statutory bodies or selected GLCs (EXCEPT ARMY)
- Age Requirement
- 21-54 years old
- Min. Monthly Salary
- RM 1,800
Other eligibility requirements
- Financial Background
- High external commitments, and CCRIS/CTOS are also acceptable.
- NRIC
- Copy of IC (front and back) [verified by employer]
- Payslip
- Copy of latest 3 months payslips [verified by employer]
- Bank Statement
- Copy of latest 3 months bank statement [if not AG customers]
- Confirmation Letter
- Confirmation letter by employer
- Application Form
- A full set of application forms & agreements
- Angkasa Form (Blue Form) or Letter of authorization
- Angkasa Form (Blue Form) or Letter of authorization
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Fees and charges- Processing Fees
- Free
Other fees and charges
- Late Payment Charges
- N/A
- Annual Fee
- N/A
Still unsure about which product best suits you?
Leave your details and our friendly agents will get back to you!
How do you apply for a personal financing online?
Step 1
Use our personal financing calculator to find the best personal financing based on your requirements and eligibility.
Step 2
Select the best product that fits your requirements from the list of recommended personal financing products listed and click on the Apply button.
Step 3
Fill in a form with your details to be submitted for application, and a representative from iMoney or the bank will call you to process the application.
Read more about Islamic Personal Financing
More details about the product
KOPUTRI Cooperative Personal Financing is a personal financing facility that offers a financing amount of up to RM100,000. It is specifically for permanent government employees, statutory bodies, or selected GLCs employees (EXCEPT ARMY).
Best for: Debt consolidation or civil servants who are ineligible for financing products offered by banks.
Income requirements: Minimum RM1,800/month.
Pros:
- Low income requirement (RM1,800 gross monthly income)
- Rebates for early repayment
- Repayment through ANGKASA
KOPUTRI Cooperative Personal Financing FAQ
An Islamic personal financing offered by KOPUTRI Cooperative Personal Financing.
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Yes, as the KOPUTRI personal financing solution operates under the Tawarruq concept, which is a shariah-compliant method of financing.
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RM100,000
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2 – 10 years.
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The KOPUTRI cooperative personal financing is open for;
- Public servants or employees of statutory bodies and Polis Diraja Malaysia (PDRM).
- Aged between 21-54 years old
- At least eight months of employment
- A minimum monthly salary of RM1800
- Existing salary deduction not more than 60%
- Financing tenure of 12 to 120 months.
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Once you have completed your application with iMoney, you are required to provide the following documents for your application:
- Copy of NRIC (front and back)
- 3 months (most current) salary slips
- 3 months (most current) bank statements
- Confirmation letter by employer
- Angkasa Form (Blue Form) or Letter of authorisation to deduct salary
- Application Form
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The entire process takes between 1-2 weeks (2-4 days to get approval and up to 7-10 days to get the loan in the customer bank account).
Your application will be sent to Direct Lending Sdn Bhd for processing.
To speed up the process, you can complete the application through iMoney where our Call Centre Consultants will walk you through the eligibility checker, application form, and advise you on the required document submission.
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A flat profit rate of 5.90% is fixed for the entire financing period.
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As with any personal financing, you will have to make monthly repayment which comprises of principal amount and an interest rate.
Use our personal loan calculator above to estimate your monthly repayment.
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Processing fee: None
Late penalty fee: None
Note: There are no upfront charges or additional fees when you apply through iMoney. We will also not request any deposit payment from you.
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Authorised salary deduction via ANGKASA
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Outstanding payments like PTPTN loans, amounts owing under RM5,000 or overdue loans under 2 months duration are acceptable under certain conditions. You may also consider using this financing to clean up your CCRIS record.
Check your iMoney CreditScore for free to find out how your credit health is.
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KOBETA Cooperative Personal Financing
Similarly exclusive for government employees, this personal financing package has the same income requirement of RM1,500/month.
CBP Personal Financing-i Lestari
Another personal financing facility for civil servants is CBP Personal Financing-i Lestari which provides a higher financing amount of RM200,000. Although the monthly income requirement is slightly higher at RM3,000, it comes with a lower profit rate of 2.75% - 2.85% p.a.
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