KOBETA or (Korperasi Bersatu Tenaga Malaysia Berhad) is a corporation that provides personal loan specifically to government staffs and police forces in Malaysia. This corporation provides 2 types of personal loan which is KOBETA Al-Rajhi and KOBETA Cash-i.
| KOBETA Al-Rajhi |
|---|
| 0.48% monthly rest interest |
| Maximum RM 200,000 financing available |
| Maximum 10 years repayment |
| Applicants must bee 19 to 58 years old |
| Opens to any Malaysian employed by Public Sector and PDRM or any registered entity under Government of Malaysia. |
KOBETA Al-Rajhi provides a maximum of RM 200,000 financing with 1 year to maximum of 10 years repayment period. The repayment is done via auto deduction from applicant’s salary via Angkasa program. The maximum deducting should not be more than 60% of your salary.
Eligibility
First of all you must be a government staff or in PDRM employment to qualify for the loan. Employment for at least 6 months is required. You must be at least 19 years to 58 years old to be able to apply for the loan. You must also be employed at least 6 months to be eligible for the loan.
Documents required
- 3 copies of your IC front and back that is verified by your employer
- Latest original latest salary statement and 3 copies of latest 3 months salary statement that is verified by employer
- 3 copies of Bank Rakyat account statement that contains details of account