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Direct Lending

RM 3,000 - RM 250,000

Loan amount

12 - 120

Monthly loan tenure

2.95 %

Annual interest rate

Calculate your monthly repayment

RM

Your monthly repayment:

Product details

Features Eligibility Fees & Charges Document required to apply
Features
Shariah-compliant personal financing tailored for government and GLC employees
Financing amount up to RM250,000 with repayment tenure up to 10 years
Profit rates from as low as 2.95% p.a.*
Accepts applicants with low or no credit history
Minimum income requirement from RM1,500 monthly
Minimum loan amount RM 3,000
Maximum loan amount RM 250,000
Minimum duration of the loan 12
Maximum duration of the loan 120
Eligibility
Minimum Age 20
Maximum Age 59
Minimum Monthly Income 1,500
Fees & Charges
Late payment Fee RM 0
Stamp duty RM 0
Processing fee RM 0
Document required to apply

All applicants will need to prepare a few documents to make the application process faster:

  • Copy of Identity Card (front and back)
  • Copy of the latest 3 months' payslips
  • EA Form (Annual Income Statement)
  • Letter of Employment Confirmation
  • Bank statement showing the crediting of your monthly income


Product review by CompareHero.my

What is Direct Lending?

Direct Lending is an authorised platform operated by RCE Marketing Sdn Bhd, a subsidiary of Bursa Malaysia-listed RCE Capital Berhad. It offers Shariah-compliant personal financing facilities to civil servants through two main channels: Yayasan Ihsan Rakyat and Yayasan Dewan Perniagaan Melayu Perlis Berhad.


Beyond these two providers, Direct Lending also acts as an authorised marketing representative for Islamic personal financing from:

  • Public Islamic Bank (MCCM)
  • Co-opbank Pertama
  • Koperasi Koputri
  • Koperasi Kobeta
  • Koperasi Ukhwah


Please note: Direct Lending is not a money lender. It is a licensed intermediary that connects civil servants with banks and koperasi (cooperative) loan providers.


How much can civil servants borrow?

Civil servants can borrow up to RM250,000, with repayment tenures ranging from 1 to 10 years depending on the financial provider you choose. The actual amount approved will depend on your creditworthiness, income, existing financial commitments, and personal background.


How long does approval and disbursement take?

Processing times vary by lender, but approved funds can reach your bank account in as little as 2 working days. Actual timelines differ on a case-by-case basis.


How does repayment work?

Repayments are deducted directly from your monthly salary, processed through either the Accountant General's Department or Angkatan Koperasi Kebangsaan Malaysia Berhad (Angkasa).


What fees and charges apply?

The fees you pay depend on the lender you choose. Borrowers from Yayasan Ihsan Rakyat and Yayasan Dewan Perniagaan Melayu Perlis will be charged 1 month's advance instalment, while those borrowing from Koperasi Kobeta, Koputri, and Ukhwah will be charged 2 to 3 months' advance instalment.


Across providers, common charges include:

  • Stamp duty
  • Takaful contribution
  • Koperasi shares and advance membership fee
  • 1 to 3 months' advance instalment
  • Processing fee (selected koperasi only)


Late payment fees will also apply if repayments are not made consistently and on time as stated in your financing agreement.


Who can apply?

Civil servants who meet the following criteria are eligible to apply:

  • Malaysian citizen aged 20 to 59
  • Permanent civil servant with at least 6 months of service
  • Minimum gross monthly income of RM1,500
  • Not bankrupt
  • No credit history or a low credit score is acceptable
  • Active Malaysian bank account

Loan repayment table

(RM)
Loan amount 		(RM) Monthly repayment
12 24 36 48 60 72 84 96 108 120
5,000 429 221 151 116 96 82 72 64 59 54
10,000 858 441 302 233 191 163 144 129 117 108
15,000 1,287 662 454 349 287 245 215 193 176 162
20,000 1,716 883 605 466 383 327 287 258 234 216
25,000 2,145 1,103 756 582 478 409 359 322 293 270
30,000 2,574 1,324 907 699 574 490 431 386 352 324
35,000 3,003 1,544 1,058 815 669 572 503 451 410 378
40,000 3,432 1,765 1,209 932 765 654 575 515 469 432
45,000 3,861 1,986 1,361 1,048 861 736 646 579 527 486
50,000 4,290 2,206 1,512 1,165 956 817 718 644 586 540
55,000 4,719 2,427 1,663 1,281 1,052 899 790 708 644 594
60,000 5,148 2,648 1,814 1,398 1,148 981 862 773 703 648
65,000 5,576 2,868 1,965 1,514 1,243 1,063 934 837 762 701
70,000 6,005 3,089 2,117 1,630 1,339 1,144 1,005 901 820 755
75,000 6,434 3,309 2,268 1,747 1,434 1,226 1,077 966 879 809
80,000 6,863 3,530 2,419 1,863 1,530 1,308 1,149 1,030 937 863
85,000 7,292 3,751 2,570 1,980 1,626 1,390 1,221 1,094 996 917
90,000 7,721 3,971 2,721 2,096 1,721 1,471 1,293 1,159 1,055 971
95,000 8,150 4,192 2,872 2,213 1,817 1,553 1,364 1,223 1,113 1,025
100,000 8,579 4,413 3,024 2,329 1,913 1,635 1,436 1,288 1,172 1,079
105,000 9,008 4,633 3,175 2,446 2,008 1,716 1,508 1,352 1,230 1,133
110,000 9,437 4,854 3,326 2,562 2,104 1,798 1,580 1,416 1,289 1,187
115,000 9,866 5,074 3,477 2,679 2,199 1,880 1,652 1,481 1,348 1,241
120,000 10,295 5,295 3,628 2,795 2,295 1,962 1,724 1,545 1,406 1,295
125,000 10,724 5,516 3,780 2,911 2,391 2,043 1,795 1,609 1,465 1,349
130,000 11,153 5,736 3,931 3,028 2,486 2,125 1,867 1,674 1,523 1,403
135,000 11,582 5,957 4,082 3,144 2,582 2,207 1,939 1,738 1,582 1,457
140,000 12,011 6,178 4,233 3,261 2,678 2,289 2,011 1,803 1,640 1,511
145,000 12,440 6,398 4,384 3,377 2,773 2,370 2,083 1,867 1,699 1,565
150,000 12,869 6,619 4,535 3,494 2,869 2,452 2,154 1,931 1,758 1,619
155,000 13,298 6,839 4,687 3,610 2,964 2,534 2,226 1,996 1,816 1,673
160,000 13,727 7,060 4,838 3,727 3,060 2,616 2,298 2,060 1,875 1,727
165,000 14,156 7,281 4,989 3,843 3,156 2,697 2,370 2,124 1,933 1,781
170,000 14,585 7,501 5,140 3,960 3,251 2,779 2,442 2,189 1,992 1,835
175,000 15,014 7,722 5,291 4,076 3,347 2,861 2,514 2,253 2,051 1,889
180,000 15,443 7,943 5,443 4,193 3,443 2,943 2,585 2,318 2,109 1,943
185,000 15,871 8,163 5,594 4,309 3,538 3,024 2,657 2,382 2,168 1,996
190,000 16,300 8,384 5,745 4,425 3,634 3,106 2,729 2,446 2,226 2,050
195,000 16,729 8,604 5,896 4,542 3,729 3,188 2,801 2,511 2,285 2,104
200,000 17,158 8,825 6,047 4,658 3,825 3,269 2,873 2,575 2,344 2,158
205,000 17,587 9,046 6,198 4,775 3,921 3,351 2,944 2,639 2,402 2,212
210,000 18,016 9,266 6,350 4,891 4,016 3,433 3,016 2,704 2,461 2,266
215,000 18,445 9,487 6,501 5,008 4,112 3,515 3,088 2,768 2,519 2,320
220,000 18,874 9,708 6,652 5,124 4,208 3,596 3,160 2,833 2,578 2,374
225,000 19,303 9,928 6,803 5,241 4,303 3,678 3,232 2,897 2,636 2,428
230,000 19,732 10,149 6,954 5,357 4,399 3,760 3,304 2,961 2,695 2,482
235,000 20,161 10,369 7,105 5,474 4,494 3,842 3,375 3,026 2,754 2,536
240,000 20,590 10,590 7,257 5,590 4,590 3,923 3,447 3,090 2,812 2,590
245,000 21,019 10,811 7,408 5,706 4,686 4,005 3,519 3,154 2,871 2,644
250,000 21,448 11,031 7,559 5,823 4,781 4,087 3,591 3,219 2,929 2,698
(RM)
(RM) Monthly repayment
Loan amount 12 24 36 48 60 72 84 96 108 120
5,000 429 221 151 116 96 82 72 64 59 54
10,000 858 441 302 233 191 163 144 129 117 108
15,000 1,287 662 454 349 287 245 215 193 176 162
20,000 1,716 883 605 466 383 327 287 258 234 216
25,000 2,145 1,103 756 582 478 409 359 322 293 270
30,000 2,574 1,324 907 699 574 490 431 386 352 324
35,000 3,003 1,544 1,058 815 669 572 503 451 410 378
40,000 3,432 1,765 1,209 932 765 654 575 515 469 432
45,000 3,861 1,986 1,361 1,048 861 736 646 579 527 486
50,000 4,290 2,206 1,512 1,165 956 817 718 644 586 540
55,000 4,719 2,427 1,663 1,281 1,052 899 790 708 644 594
60,000 5,148 2,648 1,814 1,398 1,148 981 862 773 703 648
65,000 5,576 2,868 1,965 1,514 1,243 1,063 934 837 762 701
70,000 6,005 3,089 2,117 1,630 1,339 1,144 1,005 901 820 755
75,000 6,434 3,309 2,268 1,747 1,434 1,226 1,077 966 879 809
80,000 6,863 3,530 2,419 1,863 1,530 1,308 1,149 1,030 937 863
85,000 7,292 3,751 2,570 1,980 1,626 1,390 1,221 1,094 996 917
90,000 7,721 3,971 2,721 2,096 1,721 1,471 1,293 1,159 1,055 971
95,000 8,150 4,192 2,872 2,213 1,817 1,553 1,364 1,223 1,113 1,025
100,000 8,579 4,413 3,024 2,329 1,913 1,635 1,436 1,288 1,172 1,079
105,000 9,008 4,633 3,175 2,446 2,008 1,716 1,508 1,352 1,230 1,133
110,000 9,437 4,854 3,326 2,562 2,104 1,798 1,580 1,416 1,289 1,187
115,000 9,866 5,074 3,477 2,679 2,199 1,880 1,652 1,481 1,348 1,241
120,000 10,295 5,295 3,628 2,795 2,295 1,962 1,724 1,545 1,406 1,295
125,000 10,724 5,516 3,780 2,911 2,391 2,043 1,795 1,609 1,465 1,349
130,000 11,153 5,736 3,931 3,028 2,486 2,125 1,867 1,674 1,523 1,403
135,000 11,582 5,957 4,082 3,144 2,582 2,207 1,939 1,738 1,582 1,457
140,000 12,011 6,178 4,233 3,261 2,678 2,289 2,011 1,803 1,640 1,511
145,000 12,440 6,398 4,384 3,377 2,773 2,370 2,083 1,867 1,699 1,565
150,000 12,869 6,619 4,535 3,494 2,869 2,452 2,154 1,931 1,758 1,619
155,000 13,298 6,839 4,687 3,610 2,964 2,534 2,226 1,996 1,816 1,673
160,000 13,727 7,060 4,838 3,727 3,060 2,616 2,298 2,060 1,875 1,727
165,000 14,156 7,281 4,989 3,843 3,156 2,697 2,370 2,124 1,933 1,781
170,000 14,585 7,501 5,140 3,960 3,251 2,779 2,442 2,189 1,992 1,835
175,000 15,014 7,722 5,291 4,076 3,347 2,861 2,514 2,253 2,051 1,889
180,000 15,443 7,943 5,443 4,193 3,443 2,943 2,585 2,318 2,109 1,943
185,000 15,871 8,163 5,594 4,309 3,538 3,024 2,657 2,382 2,168 1,996
190,000 16,300 8,384 5,745 4,425 3,634 3,106 2,729 2,446 2,226 2,050
195,000 16,729 8,604 5,896 4,542 3,729 3,188 2,801 2,511 2,285 2,104
200,000 17,158 8,825 6,047 4,658 3,825 3,269 2,873 2,575 2,344 2,158
205,000 17,587 9,046 6,198 4,775 3,921 3,351 2,944 2,639 2,402 2,212
210,000 18,016 9,266 6,350 4,891 4,016 3,433 3,016 2,704 2,461 2,266
215,000 18,445 9,487 6,501 5,008 4,112 3,515 3,088 2,768 2,519 2,320
220,000 18,874 9,708 6,652 5,124 4,208 3,596 3,160 2,833 2,578 2,374
225,000 19,303 9,928 6,803 5,241 4,303 3,678 3,232 2,897 2,636 2,428
230,000 19,732 10,149 6,954 5,357 4,399 3,760 3,304 2,961 2,695 2,482
235,000 20,161 10,369 7,105 5,474 4,494 3,842 3,375 3,026 2,754 2,536
240,000 20,590 10,590 7,257 5,590 4,590 3,923 3,447 3,090 2,812 2,590
245,000 21,019 10,811 7,408 5,706 4,686 4,005 3,519 3,154 2,871 2,644
250,000 21,448 11,031 7,559 5,823 4,781 4,087 3,591 3,219 2,929 2,698
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Direct Lending
Direct Lending