Yayasan Ihsan Rakyat Personal Loan

As fast as 2 working days

  • High outside payslip commitment eligible
  • AKPK, CCRIS/CTOS eligible
  • Islamic financing
  • For civil servants
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Getting to know Yayasan Ihsan Rakyat

Yayasan Ihsan Rakyat is a company registered under the Companies Act 1965 and collaborates with RCE Marketing Sdn Bhd to offer personal loans.

RCE Marketing Sdn Bhd is a trusted licensed financial company providing funds to foundations in Malaysia for personal loans to government employees since 2003. RCE Marketing Sdn Bhd is a wholly owned subsidiary of RCE Capital Berhad (“RCE”) which is listed in Bursa Malaysia. RCE has assets totaling more than RM2,200 million as at 31 March 2019 and is a subsidiary of Amcorp Group Berhad controlled by Tan Sri Azman Hashim.

Special Loan Features

  • Get instant rates and loan money as soon as 2 working days**
  • Financing amount up to RM300,000
  • Financing period from a minimum of 1 year to a maximum of 10 years
  • The profit rate starts from 6.65% fixed per annum. No membership fee
  • Repayment through salary deduction
  • No upfront payment. Application is 100% free
  • No guarantor or collateral
  • Islamic financing

Applicant Requirements

  • Malaysian citizens aged between 20 and 58 years
  • Government employees (except army)
  • The position is permanent and has served for a minimum of 6 months
  • Fixed monthly income of minimum RM1,500 including fixed allowance
  • High outside payslip commitment, CCRIS/CTOS, AKPK are also eligible to apply

Application rejected by the bank because of your credit record?

Reactivate your financial life with a Yayasan Ihsan Rakyat loan.

Direct Lending is the authorized marketing representative for Yayasan Ihsan Rakyat personal loans.

Our online personal loans (online) are designed to help civil servants who need a quick loan or have a poor credit record.

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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*

Transparent

Transparent rate with no hidden fees or upfront costs.

Free

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 Yayasan Ihsan Rakyat cooperative personal loan? Is this loan a Shariah concept?

Yayasan Ihsan Rakyat (YIR) RCE cooperative personal loan is an unsecured personal loan. This means you do not need to provide collateral or guarantor to apply for this loan. Yayasan Ihsan Rakyat's cooperative personal loan is a Shariah concept.

You can apply for a personal loan from the Yayasan Ihsan Rakyat cooperative 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 Yayasan Ihsan Rakyat cooperative personal loan?

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

  • A Malaysian citizen aged between 20 and 58 years
  • Hold a permanent position and serve for at least 6 months
  • Minimum gross income of RM1,500 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?

Yayasan Ihsan Rakyat cooperative personal loan will not count your external commitment. Examples are car loans, credit cards, home loans and others. So you can apply for a Yayasan Ihsan Rakyat cooperative loan even if there is a high commitment outside the salary slip.

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

For borrowers who have problems with CCRIS records, Yayasan Ihsan Rakyat cooperative loans accept. For CTOS records, only amounts less than RM30,000 are eligible to apply for a Yayasan Ihsan Rakyat loan. In addition, Yayasan Ihsan Rakyat accepts borrowers who have a Special Attention Account (SAA - Special Attention Account) record.

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

Yayasan Ihsan Rakyat cooperative personal loans 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 RM150,000. 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 direct payroll deduction.

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 Yayasan Ihsan Rakyat 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?

Yayasan Ihsan Rakyat cooperative personal loan application process is as fast as 2 working days. Please note that times shown are based on best efforts and are not guaranteed under any circumstances.

What is the personal loan profit rate of the Yayasan Ihsan Rakyat cooperative?

Yayasan Ihsan Rakyat cooperative personal loan fixed profit rate starts from 6.66% p.a

What are the charges for Yayasan Ihsan Rakyat cooperative personal loans? This loan has member fees?

No membership fee will be charged for personal loans of the Yayasan Ihsan Rakyat cooperative.

Are any down payment installments required?

For Yayasan Ihsan Rakyat cooperative personal loan, 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 from 78% to 88%. The amount of funding you will receive will be determined by the Yayasan Ihsan Rakyat cooperative.

Does this loan have Takaful protection?

Yayasan Ihsan Rakyat cooperative personal loans do not have Takaful protection.

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

Yes, you can make an overlap loan for a personal loan of the Yayasan Ihsan Rakyat cooperative.

What will happen if I pay late?

If you are late paying your monthly payment, you will be charged a late payment fee every month on the unpaid amount as stated in your financing agreement with the Yayasan Ihsan Rakyat 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 Yayasan Ihsan Rakyat cooperative. There is a rebate for early payment as well.

How can I apply for a personal loan from the Yayasan Ihsan Rakyat cooperative?

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. Cash rebates are only given by Direct Lending after approval and payment of financing. The financing profit rate starts from a minimum of 6.66% pa up to a maximum of 10.88% pa. The financing period is between a minimum of 1 year and a maximum of 10 years. As an illustration, for a loan of RM10,000, with a term of 10 years at a profit rate of 6.66% p.a., the repayment amount at the end of the term is RM16,660 for financing from RCE Marketing Sdn Bhd (“RCE”) through the Foundation that it works with and does not charge fees membership.

** Subject to terms. Please refer to the cooperative loan page