Who can apply?
Cooperative financing is designed for public-sector employees whose salary is paid regularly and can be deducted through an official salary-deduction system. If you are a government servant in a permanent or contract post and meet the basic requirements below, you are generally eligible to make a free preliminary eligibility check — with no obligation.
Basic eligibility requirements
To do a preliminary check, you usually need to meet these basic requirements:
- Malaysian citizen, generally aged 20 to 58.
- Employed by the Federal Government (including PDRM / police personnel), State Government, a statutory body or a selected GLC.
- In a permanent or contract post, usually with at least 6 months of service.
- Salary can be deducted via ANGKASA / Biro Perkhidmatan Angkasa (BPA) for repayment.
- Sufficient salary-deduction room within the permitted deduction limit (see below).
Exact requirements vary by cooperative panel. For a quick view of your eligibility, see the Eligibility Check section on the home page.
Employer categories usually eligible
| Employer category | Examples | Repayment method |
|---|---|---|
| Federal Government | Federal ministries, departments & PDRM (police) | Salary deduction (ANGKASA/BPA) |
| State Government | State departments & authorities | Salary deduction (ANGKASA/BPA) |
| Statutory body | Federal/state statutory agencies | Salary deduction (ANGKASA/BPA) |
| Selected GLC | Government-linked companies in the scheme | Employer deduction / ANGKASA |
| Berhad employer registered with ANGKASA | Private companies (Berhad) participating in the ANGKASA salary-deduction scheme | ANGKASA salary deduction |
Beyond the public sector, staff of Berhad companies registered with ANGKASA whose salary can be deducted through the ANGKASA salary-deduction scheme may also be eligible to apply — subject to panel review and policy.
Some groups — such as teachers, statutory-body staff and contract employees — have their own specific requirements (minimum salary or contract period). Group-specific details are covered in a related article.
How is repayment made?
Cooperative financing is usually repaid through automatic salary deduction via ANGKASA or Biro Perkhidmatan Angkasa (BPA). Instalments are deducted directly from your monthly payslip, so there is no manual payment. Many cooperative salary-deduction products require no guarantor or collateral, and their eligibility may be more flexible than a conventional bank loan — though this varies by panel and is subject to review.
How much can you borrow?
The amount you qualify for depends on your salary and the salary-deduction room you still have after existing deductions, as well as the financing tenure and panel policy. For an estimate of the amount you may qualify for, do a free preliminary eligibility check with us.
What if you have CCRIS/CTOS records or high commitments?
Applicants with high existing commitments or CCRIS/CTOS/AKPK/SAA records may still apply for a check. Cooperatives assess eligibility differently from banks because repayment is secured through salary deduction. Even so, every application remains subject to document review and panel policy — approval is not guaranteed, and the amount and terms offered may vary with your circumstances.
Do you need a guarantor or collateral?
No. Cooperative personal financing via salary deduction usually does not require a guarantor or collateral, because repayment risk is managed through automatic salary deduction.
Have other questions? See the FAQ section on the home page for more, or check your eligibility with us directly.