Koperasi Personal Loan for Borrowers With AKPK, CCRIS and CTOS

Did your personal loan get rejected because you have a negative CCRIS and CTOS record or you are currently listed under the AKPK programme? The good news for civil servants is some cooperatives (koperasi) do accept borrowers with overdue loan amount in CCRIS and CTOS record or even those who are listed under Special Attention Account (SAA) and AKPK.   Personal loan from koperasi is more lenient as compared to commercial bank loan because the repayment for koperasi loan is done through salary deduction via ANGKASA. Therefore, personal loan from koperasi is often used as an alternative for unsuccessful applications from banks.

Scroll down to find out which personal loan best suit you in detail as we compare between each of these koperasi personal loans. Also do note that all of the personal loans listed are unsecured. This means that you do not need to provide any collateral or include a guarantor in order to apply for this personal loan.

List of Koperasi Personal Loan for Borrowers With Negative CCRIS, CTOS and AKPK

We list below 5 koperasi loan that civil servants can still apply despite having issues with your CCRIS, CTOS or in listed under AKPK programme.

For koperasi personal loan, the salary deduction allowed is up to 60% of the gross income. Be mindful that just because some of these koperasi are flexible enough to accept borrowers of such credit track record it does not mean that your personal loan is guaranteed to be 100% approved. It still requires proper documentation and credit approval process by the koperasi itself. Here, is a comparison table of koperasi personal loans that accept borrowers with negative CCRIS, CTOS record, and AKPK to help you better compare and decide which one best suits you.

List of Koperasi Personal Loan for Borrowers with CCRIS/CTOS/AKPK Problems

Koperasi Personal LoanHigh Commitment Outside of Payslip CCRIS (loan  overdue)CTOS/trade referenceSAAAKPK
Yayasan Ihsan Rakyat (YIR) & Yayasan Dewan Perniagaan Melayu Perlis (YYP)  Acceptable  AcceptableCTOS below <RM30,000 is acceptableAcceptableAcceptable (for Yayasan Ihsan Rakyat)
KOBETAAcceptable  AcceptableCTOS below <RM20,000 is acceptable  Acceptable  Subject to KOBETA’s approval
KOPUTRIAcceptable  Acceptable but overdue with more than 2 months needs to be settled with this loan  CTOS below <RM5,000 is acceptableAcceptable but need to be settled with this loanNot acceptable  
UKHWAHAcceptable  Acceptable but subject to koperasi UKHWAH’s approval  Acceptable but subject to koperasi UKHWAH’s approval  Acceptable but need to be settled with this loan Not acceptable  
Co-op Bank Pertama (CBP)Not acceptable    Overdue needs to settle first  Acceptable for non-bank CTOS.  CTOS under bank need to settle with the loanNot acceptableNot acceptable

1. Yayasan Ihsan Rakyat (YIR) and Yayasan Dewan Perniagaan Melayu Perlis (YYP)

pinjaman-rce-yayasan-ihsan-rakyat-dewan-perniagaan-melayu-perlis-directlending

Both YIR and YYP personal loan accept borrowers with:

Outside CommitmentCCRISCTOSSAAAKPK
Accept high commitment outside of payslip  Overdue loan amount is acceptableAmount less than RM30,000 is acceptableAcceptableAcceptable (for Yayasan Ihsan Rakyat

About Yayasan Ihsan Rakyat (YIR) and Yayasan Dewan Perniagaan Melayu Perlis (YYP) Personal Loan

Interest Rate: From 5.99% to 9.99%

Here are 4 financing packages offered by YIR or YYP that varies according to the borrower’s credit score.

High Credit ScoreLow Credit Score
5.99% with 89% payout8.99% with 79% payout
7.99% with 80% payout9.99% with 78% payout
  • Payout: From 78%-90%
  • Loan Amount: RM150,000 (maximum)
  • Loan Tenure: 10 years or up to 1 year before retirement
  • Processing Time: 2 working days
  • Membership Fees: (YIR – No fees charged) / (YYP – RM20 membership fee)
  • Repayment: Direct salary deduction (YIR) / ANGKASA (YYP)
  • Takaful/Insurance: No
  • Syariah Compliant: Yes

Borrower’s Criteria

  • Income type: Permanent job with a minimum of 6 months of service
  • Minimum Income: RM1,500 per month

Why choose Yayasan Ihsan Rakyat (YIR) and Yayasan Dewan Perniagaan Melayu Perlis (YYP) Personal Loan?

Both Yayasan Ihsan Rakyat (YIR) and Yayasan Dewan Perniagaan Melayu Perlis (YYP) Personal Loan is a great choice if you need to receive funds in your account fast. With YIR and YYP you will receive funds in your account as fast as 2 working days upon full documentation received. The flexibility offered by both YIR and YYP is that it accepts borrowers who has high outside commitment, overdue CCRIS record, CTOS amount less than RM30,000, listed under SAA and AKPK.

The difference between YIR and YYP is the membership fees and repayment method. There are no membership fees for YIR but there’s a RM20 (monthly) membership fee for YYP. The repayment of YIR is through direct salary deduction and via ANGKASA for YYP.

As listed above the 4 variation of financing packages is dependable on the borrower’s credit score. Of course, the higher your credit score is, the cheaper interest rate and higher payout that you will get. Therefore, make sure to check with your respective agents to receive the best interest package. 


2. Koperasi Bersatu Tenaga Malaysia Berhad (KOBETA) with funding from CIMB (Speed-i)

pinjaman-koperasi-kobeta-directlending

KOBETA personal loan accept borrowers with:

Outside CommitmentCCRISCTOSSAAAKPK
Accept high commitment outside of payslip  Overdue loan amount is acceptableCTOS record listed under bank needs to settle first, non-bank less RM20,000 acceptableAcceptableSubject to KOBETA’s approval

About KOBETA Personal Loan

  • Interest Rate: 5.99% (Fixed)
  • Payout: 91.5%
  • Loan Amount: RM250,000 (maximum)
  • Loan Tenure: 10 years, limit up to age 59
  • Processing Time: 2 weeks
  • Membership Fees: RM30 monthly
  • Repayment: ANGKASA
  • Takaful/Insurance: Yes
  • Syariah Compliant: Yes

Borrower’s Criteria

  • Income type: Permanent job with a minimum of 6 months of service
  • Minimum Income: RM1,500 per month

Why choose KOBETA?

KOBETA personal loan is suitable for individuals with negative CCRIS and SAA record. However, if there is CTOS record from banking institution, the borrower needs to settle the loan first. If it is a non-banking institution with commitment below RM20,000 is still acceptable to proceed with KOBETA personal loan. As for borrowers listed under AKPK programme, it would be subjected to KOBETA’ approval.

Moreover, KOBETA is suitable for existing borrowers with personal loan from KOBETA who are looking for a low fixed interest rate personal loan with a high commitment outside of payslip or to clear out and settle negative SAA or CTOS record with this personal loan.

Generally, in total it takes about 2 weeks for the borrowers to receive the funds. The approval stage is about 2-3 days and about 5 days or more to receive the financing in your bank account. There are a 3 months advance payment deducted from the personal loan itself. On a monthly basis there a membership fee of RM30 for first time borrowers.


3. Koperasi Putri Terbilang Malaysia Berhad (KOPUTRI)

pinjaman-koperasi-koputri-directlending

KOPUTRI personal loan accept borrowers with:

Outside CommitmentCCRISCTOSSAAAKPK
Accept high commitment outside of payslip  Overdue loan amount of 2 months needs to settle with this personal loanOverdue loan amount less than RM5,000 is acceptableNot acceptable unless settle with this personal loanNot acceptable

About KOPUTRI Personal Loan

  • Interest Rate: 5.9% (Fixed)
  • Payout: 95%
  • Loan Amount: RM100,000 (maximum)
  • Loan Tenure: 10 years, limit up to age 54
  • Processing Time: 6-8 working days
  • Membership Fees: RM10 monthly
  • Repayment: ANGKASA
  • Takaful/Insurance: Yes
  • Syariah Compliant: Yes

Borrower’s Criteria

  • Income type: Permanent job with a minimum of 8 months of service
  • Minimum Income: RM1,800 per month

Why choose KOPUTRI?

This option is ideal for borrowers who are looking for a fixed low interest rate loan with high payout but with a high commitment outside of payslip. Borrowers with record of CCRIS overdue payment less than 2 months and CTOS amount less than RM5,000 are eligible to apply. Individuals with SAA record are eligible to apply as long as the overdue account is fully settled with this loan.

KOPUTRI personal loan can help you to sort out your financial worries especially if you need to settle your SAA or CTOS record. The overall estimated processing time is around 6-8 working days for you to receive the financing in your bank account. After submission of complete documentation, you will receive an approval within 3-4 days then another 3-4 days to receive money in your bank account.

In addition to the monthly loan repayment, there is a monthly membership fee of RM10 and RM30 contribution of ‘Tabung Anggota’. The RM30 of ‘Tabung Anggota’ would be refunded back to you once your loan is fully settled. Do take note to inform KOPUTRI beforehand to cancel your membership as it would require some time to receive your money back.

Once your loan is approved, the money would be deposited into a CIMB savings account. In case you don’t own a CIMB savings account, you can always apply for a loan first and open up the account later when your loan is approved.


4. UKHWAH

pinjaman-koperasi-ukhwah-directlending

UKHWAH personal loan accept borrowers with:

Outside CommitmentCCRISCTOSSAAAKPK
Accept high commitment outside of payslip  Case-to-case basis, subject to koperasi UKHWAH’s approvalCase-to-case basis, subject to koperasi UKHWAH’s approvalNot acceptable unless settle with this personal loanNot acceptable

About UKHWAH Personal Loan

  • Interest Rate: 4.99% (Fixed) for loan 4-10 years; 4.35% for loan 1-3 years
  • Payout: 89%
  • Loan Amount: RM200,000 (maximum)
  • Loan Tenure: 10 years, limit up to age 59
  • Processing Time: 2-3 weeks
  • Membership Fees: RM30 monthly
  • Repayment: ANGKASA
  • Takaful/Insurance: Yes
  • Syariah Compliant: Yes

Borrower’s Criteria

  • Income type: Permanent job with a minimum of 6 months of service
  • Minimum Income: RM1,500 per month

Why choose UKHWAH?

For borrowers with high commitment outside of payslip can apply UKHWAH personal financing. If borrower has CCRIS or CTOS record, it would be viewed on a case-to-case basis by koperasi UKHWAH itself. In case, there is a record under SAA, UKHWAH can still accept if the borrower settles with this personal loan. 

UKHWAH personal loan offers a relatively low interest rate which is a fixed 4.99% for loans that are 4-10 years and 4.35% for loans 1-3 years. Despite the leniency and low interest rate offered by UKHWAH personal loan, do take note that the processing time is about 2-3 weeks. It takes about 3-5 days to get the loan approved. The approved funds would take about 2 weeks to deposit into the borrower’s bank account.


5. Co-opbank Pertama (CBP)

pinjaman-cbp-coopbank-pertama-bank-persatuan-directlending

Co-opbank Pertama (CBP) personal loan accept borrowers with:

Outside CommitmentCCRISCTOSSAAAKPK
Considers commitment outside of payslip (i.e. car loan, credit card)  Accept but overdue payment in the latest months need to be settled firstCTOS listed under bank needs to be settled, non-bank is allowedNot acceptableNot acceptable

About Co-opbank Pertama Personal Loan

  • Interest Rate: 2.69% for 1-3 years, and 2.99% for 4-10 years (this is for salary RM3k and above), for salary below RM3k, is 4.75%
  • Payout: 95%
  • Loan Amount: RM200,000 (maximum)
  • Loan Tenure: 10 years or up to 1 year before retirement age
  • Processing Time: 1 week
  • Membership Fees: No
  • Repayment: ANGKASA
  • Takaful/Insurance: Yes
  • Syariah Compliant: Yes

Borrower’s Criteria

  • Income type: Permanent job with a minimum of 3 months of service
  • Minimum Income: RM2,000 per month

Why choose Co-opbank Pertama?

This personal loan from Co-opbank Pertama is ideal for borrowers who are also seeking for low interest personal loan. Borrowers also have the option to loan up to RM200,000 for a maximum tenure of 10 years.

The eligibility criteria for CBP is much stricter as compared other koperasi loan. CBP does consider your outside commitments such as credit card, car loan, house loan etc. Plus, if you have more than 2 months of overdue in the latest months of your commitment, you would need to settle your outstanding overdue first before proceeding to apply this loan.

In case you have a CTOS record, those listed under bank needs to be settled before applying for with CBP loan, but CTOS record listed under non-bank category is acceptable. Those with record of SAA and AKPK are not allowed to apply. Moreover, in any case there is an overdue of PTPTN, you will need to fully settle it before applying for a loan. 

The application and loan processing are rather straightforward as you would just need to present a copy of your IC, latest payslip and consent form. From that, CBP is able to provide you with a pre-approval quotation as fast as 2-3 days. Once you agree with the pre-approval quotation, you then can proceed with the signing of BIRO ANGKASA form and employer verification letter.


Comparison Between Bank & Koperasi Personal Loan

So, if you are a government servant and you are looking for a personal loan, you must be wondering between bank and koperasi, which one best suit you? Here are two scenarios for you to compare and decide:

A: If you are looking for a lower interest rate personal loan and you have a good credit record meaning no overdue in CCRIS or CTOS, not listed under SAA & AKPK; then BANK personal loan is the best option for you.

B: If you are in need of extra cash and want it quick, but you do have some negative CCRIS or CTOS record, and listed under SAA or AKPK; then KOPERASI personal loan is something that you can consider provided with its leniency in its credit approval.

Summary

Please be mindful that all the koperasi personal loan stated above in this article, does not and will not require you to pay for any charges or payment before the approval of your personal loan. In any case if there should be any charges, it will be directly deducted from your approved loan amount. You should be cautious while applying for a personal loan as the cases of loan scam are on the rise. Legitimate lenders will NEVER ask for upfront payment or processing fees.


If you are still unsure which koperasi personal loan best suits you, feel free to check your eligibility for 100% free on our platform Direct Lending. Our team of professional loan consultants can assist you to search, compare and apply a personal loan that fits your financial situation. Direct Lending has 900+ 5 star positive reviews on Google & Facebook.

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