MCCM Resources Public Islamic Bank Personal Financing

  • Profit Rate
    3.99% p.a. ~ 4.45% p.a.
  • Max. Financing Amount
    RM 150,000
  • Approval Duration
    1-2 Weeks

Calculate your financing repayment instantly

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

Key Features

Low interest rates

Low interest rates

Fast turnaround time

Fast turnaround time

Fast turnaround time

Even semi-government employees from TNB and POS Malaysia can apply

More details

  • icon Features Features

    Approval Duration
    1-2 Weeks
    Min. Financing Amount
    RM 5,000
    Max. Financing Amount
    RM 150,000

    Other features

    Profit Rate
    Up to 3.99%
    Min. Financing Tenure
    2 years
    Max. Financing Tenure
    10 years
    Debt Consolidation
    No

  • icon Eligibility/Documents Eligibility/Documents

    Employment Eligibility
    Permanent government servant
    Age Requirement
    21-58 years old or 1 year before retirement
    Min. Monthly Salary
    RM 1,500

    Other eligibility requirements

    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 authorisation to deduct salary

  • icon Fees and charges Fees and charges

    Processing Fees
    Free

    Other fees and charges

    Late Payment Charges
    N/A
    Annual Fee
    N/A
Last updated: May 24, 2022

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How do you apply for a personal financing online?

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Step 1

Use our personal financing calculator to find the best personal financing 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 financing 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 Public Islamic Bank (a subsidiary of Public Bank) with salary deduction services provided by MCCM Resources Sdn Bhd. It is open to all civil servants, including those that have hits on their credit score (CCRIS) due to missed PTPTN or other loan payments.

Borrow up to RM150,000 with a tenure of up to 10 years. Also get interest rates as low as 4.9% on loans with a tenure of less than three 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 Public Islamic Bank Personal Financing is RM150,000 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/semi-government employees from 21-58 years old or one year before retirement, and with at least RM1500 monthly salary.

  • The interest rate depends on the tenure of your loan.4.90% (for 2- 3yrs tenure)4.95% (for 4-10yrs tenure)The payout for the loan is between 97% and 98% of the loan amount.

  • MCCM Resources Public Islamic Bank Personal Financing offers only one repayment method, which is automatic salary deduction.

  • If your CCRIS/CTOS/Credit score has taken a hit over the years due to missed PTPTN payments or other loan payments, you can still apply for this loan. As long as you are a government/semi government employee.