Koperasi UKHWAH personal loan

Islamic financing

  • High outside payslip commitment eligible to apply
  • Financing rates are as low as 4.35%
  • For civil servants & statutory bodies
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Getting to know Koperasi UKHWAH

This cooperative personal loan is offered by Koperasi Ukhwah Malaysia Berhad (“Koperasi Ukhwah”). Ukhwah cooperative was established in 1998. Ukhwah cooperative activities include personal financing for government employees and statutory bodies, Ar-Rahnu, real estate, Ukhwah care and Ukhwah computer. Ukhwah cooperatives are registered under the Cooperatives Act 1993.

Special Loan Features

  • Financing amount up to RM200,000
  • Financing period from 1 to 10 years
  • Profit rate 4.99% fixed for loans with a term of 4-10 years, 4.35% for loans with a term of 1-3 years
  • Payout up to 89%
  • Repayment through Biro Angkasa
  • No guarantor or collateral
  • No upfront payment
  • Islamic financing
  • Financing covered by Takaful
  • Process 6-8 working days

Applicant Requirements

  • Malaysian citizens aged between 21 and 58 years
  • Government employees, statutory bodies or selected GLCs (except Army)
  • The position is permanent and has served for a minimum of 8 months
  • Fixed monthly income of minimum RM1,800 including fixed allowance
  • High outside payslip commitment is eligible to apply

Achieve your dreams today

Want to buy or renovate a home? Starting or expanding a business? Paying off student loans? Enjoy this low rate Islamic personal financing from Koperasi Ukhwah

Get the koperasi loan you need quickly, cheaply and safely so you can achieve your dreams or deal with unexpected problems. High outside payslip commitment is eligible to apply.

Direct Lending is an online personal loan platform that offers fast, easy, safe and affordable cooperative personal loans. 100% free.

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Our Promise

Applying for a loan can be stressful. We’re here to help.

You are Our Priority

We aim to best address your financing needs, only working with reputable banks and koperasi

Convenience

Helping you from A-Z with our dedicated loan consultants. Know your rate instantly & receive your funds as fast as 2 working days*

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Transparent rate with no hidden fees or upfront costs.

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Our services are 100% free. We don’t take any upfront fees from you at any time.

What our Happy Customers Say

You could be next

Naimah Naimah
10 January 2024
Good
Mr JJ
10 January 2024
Direct lending memang terbaik..sangat mudah & senang berurusan dengan cik rina yg banyak membantu dari awal proses permohonan..
wan mohd faris
9 January 2024
Excellent service,fast approval
Nasruddin Ramlee
9 January 2024
Memudahkan urusan..lain kali boleh apply lagi👍👍👍
Amirul Ashraf
9 January 2024
Very good and fast
SURIAYANI MOHD KAMAL
9 January 2024
Thank you for excellent service and prompt action. Can be trusted 100%.
Suzianah Sinu
9 January 2024
Saya tak sangka bole lulus loan ni, sebelum ni dh cuba banyak tempat.. kat aeon tak lepas, kat JCL pun tak lepas dan banyak cuba tempat kredit komuniti lain.. bukan tak lepas cuma kredit komuniti pegang kad, dan saya tak suka kad saya kena hold.. tapi alhamdulilaa, setelah mencuba loan dekat direct lending, saya lulus dgn amoun 10k, sungguh tak sangka.. alhamdulilaa rezeki saya, so kwn2 kat luar yg nak buat loan tu bole laa ke direct lending..senang, mudah, tak pegang kad, mesra pelanggan.. recommende laa direct lending ni.. saya bagi 10bintang.. terbaikk !!
Adylla Azwar
9 January 2024
1st time dengar direct lending dr group page fb tp ms tu ingat hnya utk pekerja makan gaji sahaja. Ms servis kereta di fendy auto, ada banner tentang pay later direct lending utk servis auto.. cuba apply dan lulus. Servis pantas, dokumentasi ringkas dan pemprosesan cepat dan cs sangat membantu dan respon pantas. Terima kasih direct lending

Frequently Asked Questions

What is a UKHWAH cooperative personal loan? Is this loan a Shariah concept?

Ukhwah Malaysia Berhad (UKHWAH) cooperative personal loans are unsecured personal loans. This means you do not need to provide collateral or guarantor to apply for this loan. UKHWAH cooperative personal loans are Shariah concept.

You can apply for a UKHWAH cooperative personal loan for any purpose, whether it is to pay off outstanding loans, renovate a house, buy a vehicle, pay medical bills and so on.

Am I eligible to apply for a UKHWAH cooperative personal loan?

You are eligible to borrow if you are a civil servant in Malaysia and:

  • A Malaysian citizen aged between 21 and 58 years
  • Hold a permanent position and serve for at least 8 months
  • Minimum gross income of RM1,800 including fixed allowance
  • Not declared bankrupt and able to repay the loan
I have a high off-payroll commitment. Can I apply for this loan?

UKHWAH cooperative personal loans will not count against your external commitments. Examples are car loans, credit cards, home loans and others. So you can apply for a UKHWAH cooperative loan even if there is a high commitment outside the payslip.

I have a CCRIS/CTOS problem. Can I apply for this loan?

For borrowers who have problems with CCRIS or CTOS records, UKHWAH cooperatives accept but loan approval is subject to UKHWAH's approval. For borrowers who have a Special Attention Account (SAA) record, UKHWAH accepts but needs to be cleared through available loans.

I am under the AKPK Credit Management Program. Can I apply for this loan?

UKHWAH cooperative personal loans do not accept borrowers listed under the AKPK Credit Management Program.

How much loan amount and duration can I apply for?

The maximum loan amount that can be borrowed is RM200,000. The loan period is a minimum of 1 year up to a maximum of 10 years.

How is this loan repayment process?

Your loan is repaid monthly through automatic salary deductions processed by Angkatan Koperasi Kebangsaan Malaysia Berhad (ANGKASA).

My salary deduction is over 60%, can I apply for this loan?

For personal financing, one of the general eligibility conditions that have been set is a salary deduction not exceeding 60% unless the cooperative provides some flexibility. In fact, there are other factors that can affect whether your loan application is approved or not, such as your credit record and debt service ratio. For example, you can try to apply for a personal loan even if your salary deduction is more than 60% but your credit record and DSR are good.

What documents do I need to prepare to apply for a UKHWAH cooperative loan?

The required documents are:

  • Copy of MyKad identification card (front and back)
  • 3 months latest salary slip statement (certified true by the employer)
  • Employment confirmation letter
  • A copy of the latest bank statement with your monthly salary credit
How long does it take before the loan is credited to my bank account?

The UKHWAH cooperative personal loan application process is around 2 to 3 weeks. Please note that times shown are based on best efforts and are not guaranteed under any circumstances.

What is the UKHWAH cooperative personal loan profit rate?

The UKHWAH cooperative personal loan fixed interest rate is 4.99% for 4-10 year loans and 4.35% for 1-3 year loans.

What are the charges for UKHWAH cooperative personal loans? This loan has member fees?

The membership fee for the UKHWAH cooperative personal loan is RM30 monthly. This fee will be deducted from the personal loan.

Are any down payment installments required?

For UKHWAH cooperative personal loans, no advance installment payment is required.

How much in hand will I receive with this loan? What amount of funding will I receive?

The total payout or financing amount you can receive is as high as 89%. The amount of funding you will receive will be determined by the UKHWAH cooperative.

Does this loan have Takaful protection?

UKHWAH cooperative personal loans have Takaful protection.

I already have an active UKHWAH cooperative personal loan, can I make an Overlapping Facility for this loan?

Yes, you can make an overlap loan for a UKHWAH cooperative personal loan.

What will happen if I pay late?

If you are late paying your monthly payment, you will be charged a late payment fee each month on the unpaid amount as stated in your financing agreement with the UKHWAH cooperative personal loan.

Can I make an advance payment for my personal financing?

Yes, you can make an initial explanation for personal financing of the UKHWAH cooperative.

How can I apply for a UKHWAH cooperative personal loan?

Check your eligibility through the Direct Lending platform and we will help you choose the best personal loan that suits your needs. Our experienced loan consultants will contact you and help you with the loan application process from AZ.

Apply and check your eligibility 100% free. No hidden charges or processing fees. To apply, click HERE .

* Subject to the terms and conditions. The Ukhwah cooperative financing profit rate is 4.99%. The financing period is between 1 to 10 years. As an illustration, for a loan of RM10,000, with a term of 10 years at a profit rate of 4.99% pa, the repayment amount at the end of the term is RM14,990..