UKHWAH Cooperative Personal Financing

  • Profit Rate
    4.35% p.a.
  • Max. Financing Amount
    RM 250,000
  • Approval Duration
    3-5 Working Days

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

Islamic financing with Takaful coverage

Islamic financing with Takaful coverage

More details

  • icon Features Features

    Approval Duration
    3-5 Working Days
    Min. Financing Amount
    RM 1,000
    Max. Financing Amount
    RM 250,000

    Other features

    Min. Financing Tenure
    1 year
    Max. Financing Tenure
    10 years
    Debt Consolidation
    No

  • icon Eligibility/Documents Eligibility/Documents

    Employment Eligibility
    Government Status (Permanent status) and Length of Current Employment 6 months
    Age Requirement
    21-60 years old or 1 year before retirement (whichever is earlier)
    Min. Monthly Salary
    RM 1,500

    Other eligibility requirements

    Salary Slip
    Copy of latest 3 months payslips [verified by employer]
    Bank Statement
    Copy of latest 3 months bank statement [if not AG customers]
    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

If you're not sure which loan is right for you, we can help!

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

Ukhwah Cooperative financing comes with reasonable interest rates and high payout that will be very attractive for those who are looking for low interest financing products but have high outside commitments. Even those who do have a record on their credit report and are looking to settle their SAA/CTOS commitments can apply.

There is no guarantor or deposit required and there are even rebates for early repayment.

Financing amount of up to RM250,000 is available depending on your salary and you only require a minimum monthly gross income of RM1,500 to qualify if you are a Malaysian citizen employed in the civil service for more than 6 months, aged 21 and above.

  • A flat profit rate of 5.90% is fixed for the entire financing period.