MCCM Resources Ambank Islamic Personal Financing

  • Interest Rate
    3.60% p.a. ~ 4.45% p.a.
  • Max. Loan Amount
    RM 200,000
  • Approval Duration
    2 weeks

Calculate your loan repayment instantly

RM
year(s)
RM
You Pay
RM 89 /mth
Interest Rate
Total Interest Payable
RM 70
Total Repayment
RM 1,070

Key Features

Fast turnaround time

Fast turnaround time

Even GLC's employees can apply*

Even GLC's employees can apply*

Even GLC's employees can apply*

Low interest rates.

More details

  • icon Features Features

    Approval Duration
    2 weeks
    Min. Loan Amount
    RM 5,000
    Max. Loan Amount
    RM 200,000

    Other features

    Profit rate:
    As low as 3.60%
    Min. Financing tenure:
    1 Year
    Max. Financing Tenure:
    10 Years

  • icon Eligibility/Documents Eligibility/Documents

    Employment Eligibility
    Permanent government employees, statutory bodies or selected GLCs (EXCEPT ARMY)
    Age Requirement
    18-58 years old
    Min. Monthly Salary
    RM 1,500

    Other eligibility requirements

    Financial Background:
    High external commitments, blacklists, CCRIS/CTOS, and AKPK are also acceptable.
    NRIC:
    Copy of IC (front and back)
    Payslip:
    Copy of latest 3 months payslips
    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 authorisation to deduct salary

  • icon Fees and charges Fees and charges

    Other fees and charges

    Late Payment Charges:
    N/A
    Annual Fee:
    N/A
Last updated: Feb 20, 2023

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How do you apply for a personal loan online?

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Step 1

Use our personal loan calculator to find the best personal loan based on your requirements and eligibility.

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Step 2

Select the best product that fits your requirements from the list of recommended personal loan products listed and click on the Apply button.

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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.

Review by iMoney

This is a cooperative loan provided by Ambank Islamic Bank (a subsidiary of Ambank Bank) with salary deduction services provided by MCCM Resources Sdn Bhd. It is open to all permanent government employees, statutory bodies or selected GLCs (EXCEPT ARMY) employee, including those that have hit on their credit score (CCRIS) due to missed PTPTN.

Borrow up to RM200,000 with a tenure of up to 10 years. Also get interest rates as low as 3.60% and loan tenure up to 10 years.

Unlike many other government cooperative loans, this is also available to employees of Telekom Malaysia and Pos Malaysia.

  • The maximum amount you can apply for with MCCM Resources Ambank Islamic Bank Personal Financing is RM200,000 and the maximum years of tenure you can apply for is 10 years.

  • MCCM Resources Public Islamic Bank Personal Financing is only open for permanent government employees, statutory bodies or selected GLCs employee from 18-58 years old, and with at least RM1500 monthly salary.

  • The interest rate depends on the amount of your loan. 4.45% for RM5,000 - RM29,000, 3.8% for RM30,000 – RM70,000 and 3.60% for loan amount RM71,000 – RM200,000. Besides, the payout amount is as high as 98%.

  • MCCM Resources Ambank Islamic Personal Financing offers only one repayment method, which is an automatic salary deduction via Biro Angkasa.

  • Yes for CCRIS and PTPTN, as long as there is no Special Attention (SA) in your report and you're not under AKPK. 

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