- You Pay
- RM 89 /mth
- Interest Rate
- Total Interest Payable
- RM 70
- Total Repayment
- RM 1,070
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Ideal for government employees looking for low interest financing but have high outside commitment
Reasonable financing rate fixed for the entire 10 year term
Even semi-government employees from TNB and POS Malaysia can apply
Use our personal loan calculator to find the best personal loan based on your requirements and eligibility.
Select the best product that fits your requirements from the list of recommended personal loan products listed and click on the Apply button.
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.
KOBETA Cooperative Personal Financing is a personal financing facility that offers a decent financing amount of up to RM150,000. It is specifically for permanent government and semi-government employees (e.g. TNB, POS Malaysia).
Best for: Urgent need for cash.
Income requirements: Minimum RM1,500/month.
The entire process takes between 1-2 weeks (2 - 4 days to get approval and 7-10 days before KOBETA disburses the cash into your bank account).
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.
One-time set-up fee: A stamp duty fee of 0.5% on loan amount will be deducted upfront before your loan amount is given to you or disbursed to you.
Processing fee: None
Early termination fee: Yes
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.
A flat profit rate of 5.99% is fixed for the entire financing period and the payout is up to 93% of the financing amount.
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.
Authorised salary deduction
Once you have completed your application with iMoney, you are required to provide the following documents for your application:
Credit records like non-bank CTOS under RM20k is allowed but subject to terms and conditions while credit records on CTOS from financial institutions need to be settled with the new financing application to qualify. If possible, we recommend that you settle any outstanding payments and wait for three months before you apply.
Check your iMoney CreditScore for free to find out how your credit health is.
If you wish to have a slightly faster approval, you may consider AEON i-Cash Personal Financing which can approve your application within 3 days. With a similarly low income requirement of RM1,500, this personal financing package comes with a shorter repayment tenure of 7 years.
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.