- Profit rate (p.a.)
6.50% - 9.99%
- Loan Tenure
1 - 10 years
- Approval Duration
2 working days
- Min. monthly income
What's so great about Yayasan Ihsan Rakyat Personal Financing?
- Maximum total financing of up to RM150,000
- Approval in 2 working days
- Maximum financing tenure of up to 10 years
- Open to all government employees and statutory bodies
|Min. financing amount||RM2,500 (Sabah & Sarawak), RM3,000 (West Malaysia)|
|Max.financing amount|| RM150,000|
|Min. loan tenure||1 year|
|Max. loan tenure||10 years|
|Profit rate||6.50% - 9,99% p.a depending on credit|
|Approval duration||2 working days|
Fees & Charges
|One time set up|
|Early settlement||Yes, with processing fee of RM60|
|Late payment charges||1.0% p.a|
|Age requirement||Age 20 - 58|
|Employment eligibility||Government & GLC servants who are permanent status|
|Min. salary requirement||RM1,500 gross per month|
|Guarantor / Collateral requirement||No|
Product Review by
Yayasan Ihsan Rakyat FAQ
What is the maximum allowable financing amount?
Financing amount of up to to RM150,000 for a maximum tenure of 10 years
Applicant must be at least 20 years old. Maximum age is 55 years old for those under PDRM, and 58 years old for other sectors depending on age and financing tenure
An employee of a government & GLC sector with a minimum gross salary of RM1,500 per month
What will it cost you and how will you be charged?Early settlement fee:
How long is the application approval process and what are the documents required?
Approval will take 2 to 3 working days.
You are required to furnish the following documents for your financing application:
Can you apply if you have a bad CCRIS/ CTOS/ Credit Record?
No, you are required to settle all overdue payments before applying. It is advised that you continue repaying your financing on time for another three months before reapplying, but subject to the banks own credit assessment.